Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty

40 Miles Deep

July 5, 2010 by  

40 Miles Deep

In the past we have sought to demonstrate how inflation (devaluation) of the currency is the perfect crime.

We said that your paper money can be inflated (devalued) to zero even if it is locked in a concrete vault 40 miles deep and no one knows where it is. You may think it is safe and secure and that it is your stored currency paper money, but little by little its value declines.

The money creators (those who print paper money) can steal the purchasing power of your paper money no matter where it is. All they have to do is pour more water in the milk—dilute the value of all paper money by printing more.

What if you have gold and silver in a vault buried 40 miles deep? Well, as the money creators destroy the value of your paper money as we described, the value of your gold and silver increases in value, as related to the depreciating paper money.

Your gold and silver appreciates and gains in value even buried deep in your vault with no risk and no interest. It is safe from manipulation.

Bankers say gold (which they hate) is a very poor investment because it pays no interest. They don’t say that it gains in value as paper money is depreciated. So holding gold and silver is the ultimate asset/investment during times like now when governments all debauch their own currencies.

Cash pays no interest and it depreciates. There is no risk to holding gold. There is great risk in holding paper money (cash). You own your gold. The money creators own your paper money.

How long will the Keynesian central planners last? No matter what these people do or how much they destroy or steal, they still believe that they can create an eternal boom.

At the present time there is a deflationary process going on in the private economy. In trying to prevent liquidation Federal Reserve Chairman Ben Bernanke and Company are forcing more “money” into circulation on a massive scale.

“The people’s real debts are heavier than 1929, heavier than 1932, heavier than ever before in history but their real income and real wealth are less,” according to economist Heinz Blasnik.

But nothing has changed. The same mistakes are compounding which caused the last crash. Money printing and credit expansion is the only thing Keynesians know.

At the same time the power elite are aggressively moving toward destroying private business with controls, taxes and bureaucratic harassment. Government is doing what it always does. It destroys value and production.

I do not believe that things just happen. If we back off and look at the whole picture we see organized chaos that will end with all substantial wealth transferred to the power structure. Only a few will preserve their assets.

The political order has the appearance of insanity which is the perfect cover for a hidden agenda. The next crash will be much greater than previous crashes and will probably be fatal.

Has anyone stopped to think that all modern booms are inflationary illusions? Even though the economic undertow at this time is deflation, massive quantitative easing—money printing—plus unprecedented spending by the political administration has so far kept monetary inflation going.

Bernanke knows more than anyone that the Fed by itself can create inflation. The fox is in charge of the henhouse.

We should not look to future for default, for it is happening now. We should prepare for the worst outcome.

There is no certainty as to when. But this regime could go on for months or even years should an intervening bull market occur, though it would be another false one based on the massive inflow of newly-printed money. It should be obvious, however, that risks are at an all-time high.

This is why we have for several years recommended the accumulation of precious metals, stored food and Swiss annuities… and continue to do so.

Bob Livingston

is an ultra-conservative American and author of The Bob Livingston Letter™, founded in 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

Facebook Conversations

Join the Discussion:
View Comments to “40 Miles Deep”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at

  • CJ

    I laugh every time a comercial comes on, enticing people to give up their gold. Yea, it may be cheaper 10k or 14k, but it’s still gold. I’m hoarding everything I can!

    • JC

      It probably works pretty well on Obama’s voters. It has dollar signs and shiny stuff in the commercial. ;)

      • Jana

        your comment struck my funny bone. I had a really good laugh, thank you.

        • JC

          Glad I could provide a chuckle. :)

  • Al Sieber

    With gold they know they can’t counterfeit it, it’s time to throw the money changers out of the temple (Federal reserve) for good, they’ve been stealing the wealth of civilizations since history begun.

  • Al Sieber

    Adjusted for inflation gold should be $2500 a oz.. they manipulate the precious metals markets, stock and bond markets etc.

  • http://personalliberty sandra

    I wonder where to buy gold that is pure an not mix?

    • Elijah

      Pure gold is 24K, so all you hav to do is search for 24K gold, or 22K is a good choice then 18K. 14K Gold has only about 55% pure gold in its composition. So while Gold is trading at around 1200.00 an ounce, this leaves the value of 14K gold at only about 600 an ounce, so it doesnt really matter which type of gold you hold, as long as you arent buying 14K gold at 24K prices.

    • JLG

      I have been doing business with Richard Smith, 1-800-800-4485, for over 15 years. He is very financially secure and very honest! In this business both are a rarity, I think. His prices are net on your door step! KYPD cul jlg

  • Bruce D.

    Gold does give piece of mind if nothing else.

  • Elijah

    Precious metals are a commodity for sure, but when the S!%T really hits the fan and the dollar collapses, People will be using their gold and silver for food since they cannot eat these precious metals.

    I am stocking up on a real commodity – Chicken. In 2007 the Chinese became the worlds largest producers of chicken eggs. The Egg is one of the worlds most perfect foods. So when the end of the year nears and people are rioting in the streets for food (the ones who hold paper money that will be worthless), I will be eating freshly laid eggs and fire roasted chicken.

    Another thing that will be VERY valuable when the dollar tanks will be bullets and cans of tuna. Better stock up now, because every day your US dollars are worth less, the longer you wait the less real commodities you will be able to buy.

    • Al Sieber

      At least you’ll be able to buy food with your gold and silver if any is available. paper money you can use for toilet paper. tuna fish is gonna go up regardless because of the gulf disaster.

    • Richard Pawley

      Raising your own chickens for eggs is a great idea and they are one of the healthiest sources of protein if they have been allowed to roam free. It’s even being done in NYC (no roosters, and no more than four per family) and chickens that can run around and who don’t eat genetically modified soy and corn are much healthier than those who don’t. I have even read that American chicken feed made from genetically modified “Franken” grains was fed to South African chickens but they wouldn’t eat it. Of course if you are given nothing else they will eventually eat what they are given I would suppose. Because of the Mercury in canned Tuna I don’t eat it more than once a month and I take two Chlorella tablets each day that I get from in Florida that helps remove mercury and other heavy metals from my body. Tomatoes should never be purchased in cans, only in jars as they will leach out chemicals from the plastic liners in the cans. Dried and freeze dried foods that are packed, sometimes in nitrogen but always with an oxygen absorber can be found at places like and their shipping is very reasonable. Whole grains in larger quantities can be purchased from but they charge what it costs to ship so you need to be buying a couple of hundred pounds to get the best prices in 5 gallon containers. As for Honeyville go in with some friends to buy in quantity or buy during their few times a year sale and really save. I have purchased fruits and vegetables and they have meats as well that can last for decades if stored in a cool dry place. I have purchased canned organic butter from New Zealand and canned cheese from Australia ( because most American cheeses are made from the cheapest milk and that is contaminated with artificial bovine hormones, illegal in most countries in the world but good enough for us because the industry/government says so. Such things can be stored in a cool dry place for a couple of years without refrigeration. I only buy milk, not necessarily organic, that says right on it, that “Our farmers pledge not to use artificial bovine hormones.” Remember, you can’t eat what typical Americans eat and not get the typical diseases Americans get. I know someone in a distant state who sold all his gold and purchased a five year supply of what is called non-perishable food for his family. Don’t go crazy over this, but if you don’t have at least a small emergency food supply on hand you are likely to regret it one day when the deflation ends and the inflation that Congress is so desperately trying to create begins finally arrives, and to top this Congress is trying to pass laws that would affect those who grow their own food for themselves. Progressive Venezuela has taken over the food supply a few weeks ago and their wonderful president, elected by a greatly deceived public, watches as some of them go hungry while that food rots in warehouses. The socialist regime in Russia did that decades ago and starved to death millions of their own people and many of the environmentalists here have said that we have to many people so you will have to figure it out yourselves, why they didn’t immediately accept the help of foreign nations who offered their equipment and ships, some of it as close as Virginia, to help solve the oil mess in the gulf. Of course the environmentalists seem to oppose sound borders too, so they really don’t appear to have their act together. Unfortunately many in Congress seem to go along with policies that support things like this and we need to replace them while we still can. The time to do that is this November. Forget about Obama for now. It’s a foregone conclusion that he is going back to Chicago in 2013 and that will be punishment enough as it will be much worse there then and the country will hold him responsible for what has happened to the country, but it is the Marxists he put in positions of power and the Congress who went along with it all who are truly to blame. I’m still fascinated that there are progressive socialist liberals in congress who want to take authority over your home garden and what you grow for yourselves under the pretext that you might sell some of it to someone and it might be harmful or polluted? Can you imagine that when our country is the only one in the industrialized western world including Australia and New Zealand that allows artificial bovine hormones to be in all milk and milk products and who hides from it’s citizens the fact that 80% of processed foods contain ingredients that have never existed in nature? Just as we warn our citizens when foods contain high fructose corn syrup (made from the genetically altered corn I mentioned) so European nations inform their citizens when such GMO genetically modified foods are present so they can choose to pay a dime more and buy natural foods. Why do we tolerate such travesty’s of nature? Because it is cheap, but actually it isn’t because the chemicals necessary to grow such abominations of nature, are polluting the landscape and the rivers and causing a decline in health which is expensive. This is believed to be the first generation that will outlive it’s children because we grew up before such technology could exist (like taking a poisonous spider gene and putting it into the DNA of corn so the bugs will leave the corn alone). We live longer but not well. It’s the same reason we sold off our manufacturing base because we wanted not quality but cheapness. When Congress gets though nothing is going to be cheap. I can assure you of that and although it might take a year or two or three you will most likely remember reading what I just said. Please get informed. Learn all you can but don’t vote for “approved” candidates in November unless they are approved by the Tea Party Base and not the major party bosses. We need, must have, new people who are outside the beltway and outside the control of their union or party bosses. We need people who can withstand all the enticements of money, power, and sex, that are so freely available in Washington. We need a restoration of morality and that is the only thing that can save America. The Bible clearly says that it will be as it was in the time of Sodom and Gomorrah when the world is finally destroyed, a time when there is rampart greed and avarice, oh, and also widespread homosexuality. Those cities were destroyed by fire, some believe an asteroid crashed into them and the gas beneath the surface caused them to explode into a massive fireball. Interestingly, those who believe in the Bible know that Jesus said that the world will end when so many fall from the sky it will be like figs during a storm. We can’t stop that but we can stop Congress from destroying the economy and the dollar. We must send most of them home in November. We simply must! Don’t they know that Marxism has already failed in Nazi Germany, Soviet Russia, Castro’s Cuba, and elsewhere? They cannot be that stupid so I believe they are on the wrong side of history which they have been desperately rewriting now for years. Their only goal is re-election, not serving the people. I want to cry out like Thomas Paine at what I see happening. Wake up America. We must send the Communist/Marxist/Progressive/Socialists home in November. This is it folks, if you want your USA back you are going to have to vote like the lives of your children depended on it, and you cannot expect your representatives to be more moral than you are. Believers need to pray and all need to vote in November. It is, alas, NOVEMBER OR NEVER!

      • Annika

        You make many good points about the altered state of our U.S. food supply; then carry on with the altered state of freedom in our union.
        In doing so, you make a good point – food mimics life.

        Today, most Americans don’t know what a chicken raised free & fed grains/bugs/seeds/sunshine tastes like. Tomorrow, they may not know what TRUE LIBERTY tastes like, as well… Because how may one know what one has lost – without comparative scales?

        My people of France were almost free 100 years ago – now you wouldn’t believe what limits on freedom they deem acceptable; apart from the fact that with the European Union, they are no longer a sovereign nation. We should all listen to the washingtoniens and their talks of “World Government” – and be very afraid. In November, vote as far away for the socialistic cancer as possible. Vote Republican!

        Tanks for the links of ‘food supplies’, i’ll use them.

        • DaveH

          An excellent point, Annika, that people need a frame of reference to properly judge what they are losing.

          However, the Republicans aren’t going to get back what we’ve lost or even stop the progress towards all-powerful Government. After Jimmy Carter, there were many similarly upset people with an eye to shrinking the size of government. Unfortunately, they put their faith into the Republican Party. And here we are.

          There is only one Party with the Principles necessary to take us back towards what our Founders established, and that is the Libertarian Party.
          For Individual Freedom, Personal Responsibility, Free Markets, and Limited Government, Vote Libertarian!

  • http://n/a Ronnie Lee David


    • James

      Ronie L. I agree but God helps those who help themselves. If one is faced with a giant and all he has is a stone and a sling-shot, God will guide that stone to the most vulnerable spot. And if more time is needed to destroy God’s enemies, He will make the sun stand still for almost a day.

  • James

    I agree with Bob L., but I would change “gains in value” to “increases in price.” God is like any other commodity, when borrowed dollars are spent into the economy it simply reflects that like all commodities. The amount of gold in existence stays relatively proportional to the number of people on earth, and an ounce of gold thus always buys the same amount of goods. On June 30 2009 gold was $927/oz. and on June 30 2010 it was $1242/oz. That’s a 33 1/3% increases in price, not value. It says the dollar, in the past year, lost 1/3 of its value. True, gold reflects the devalued dollar first, but in about a year all commodities will increase proportionately in price.
    We are told that a little inflation is good for us and the economy, but I can remember when a nickel bought a double-dip real ice cream cone with a cherry on top. In the first 25 years of my life, gold was less than $50/oz. What that says is that since then, the dollar has lost over 95% of its value. This eventually resulted in the utter absurdity that houses became more valuable as they aged, and the race was on borrow and buy houses, which resulted in the housing bubble that blew up and put us in the deflationary cycle we’re in now.

  • Jonn D

    Wait a minute, I agree that gold does afford security when the paper currency is de-valuated, but how can you spend it? Can you take a bar of gold to the grocery store and buy your food? I don’t think so. Besides, what would the grocer give you in change -PAPER MONEY. In 1932 or 33 President Roosevelt called in all the gold and issued paper money in its place and that is what will happen if inflation rises and people have their assets in gold. The greatest security for your assets is to remove the people in office. Vote against all incumbents unless they have voted against the legislation put forth under this administration.

    • Vicki

      If it were my grocery store yes you can. Making change would be difficult at first but I would find a way. Voting out those that support the current administration is not enough. We need to vote out all those whose voting record and speeches fail to fully support freedom, liberty, and the Constitution they SWORE to defend.

      That means most of them must go.

      • James

        Vicki, almost every city of size has a coin shop where gold and silver bars may be exchanged for paper currency. However, if lots of people start exchanging their dollars for gold, then President Obama, like FDR, will have possession of gold outlawed. So gold investment should be on a short term basis, with your ear to the ground, FDR is President Obama’s hero.

        • Richard Pawley

          He won’t have to outlaw it, just put a 75% tax on it. Already, hidden in the health care bill are provisions that any dealer who buys a total of $600 worth of gold from a single person in a year must fill out a government form for the IRS. This isn’t just for small gold coins but for all business who buy anything they need. It is another move of the progressive socialists who have taken over a large part of the Democratic Party to further restrict small business which Karl Marx hated, along with sexual fidelity, and all the tenants of civilization. Marxism, whether it was Hitler’s National Socialism or Russia’s International version, or Cuba’s island version are all failures, and yet the 111th Congress is in love with the idea of letting the president try it here. Without them there would be no health care bill (wait till some of you see what your taxes will be next year) nor the Disclose Act which lets Union Bosses, many of whom are apparently Communist, spend all they want to promote their candidates, but any conservatives who believe we shouldn’t be up to our neck in debt to bail out companies that should have been allowed to go bankrupt…well, to long to tell. We have less than four months to save our country and replace our Congress and if we don’t I don’t even have the heart to tell you what the future is going to be like. Support your local Tea Party candidate, regardless of party. True Americans who love our country and our Constitution are our only hope. God help us if we cannot find them in November. 2012 will be to late! It is NOVEMBER OR NEVER!

    • SeaGal

      In Roosevelt’s time, gold had to be turned in because that is what backed the dollar. No more, so unlikely. Or you can invest in numismatic coins (old collectible); it is not recorded.

      • James

        SeaGal, very true but when hard times come, old collector-type gold coins wont be worth anymore than their gold content.

  • s c

    For all they have done to us for so many years, central bankers deserve ‘special’ consideration. They are LIARS, they are THIEVES, they hate the truth (ALL forms of it), they put themselves before everyone else, they make most criminals seem tame and they are genetically linked to politicians (common, inferior life forms).
    In effect, central bankers and career criminals have much in common. They do NOT belong in any society.
    When they’re finally recognized by those who have protected them [fellow criminals, and most politicians and progressives], they can enjoy each other’s company in whatever foreign country will take them.
    Putting targets on their back seems more than fair.
    After all, if there’s anything to letting the punishment fit the crime, then target practice might be the answer. Enemies of mankind deserve
    all the ‘special’ consideration they can get. Fair is fair, and ‘balance’ is so important in life.

    • Vicki

      Just remember that unlike the current Congress and Admin the “money changers” you talk about never put a gun to your head and told you to buy their products.

      Being angry with banks et all is buying into the “Corporate is Bad” myth the left has preached for years.

      We should demand an audit of the central bank we have (Fed) and we need to vote out EVERYONE in Congress that votes against a full and complete audit of the Fed. has that campaign and lots of other good ones. If all of us join those already there and send an email just once a day on one of the campaigns we will be heard.

  • JC

    Everyone should read this from an Obama classmate at Columbia.

    WAYNE ALLYN ROOT: Overwhelm the system
    Barack Obama is no fool. He is not incompetent. To the contrary, he is brilliant. He knows exactly what he’s doing. He is purposely overwhelming the U.S. economy to create systemic failure, economic crisis and social chaos — thereby destroying capitalism and our country from within.
    Barack Obama is my college classmate (Columbia University, class of ’83). As Glenn Beck correctly predicted from day one, Obama is following the plan of Cloward & Piven, two professors at Columbia University. They outlined a plan to socialize America by overwhelming the system with government spending and entitlement demands. Add up the clues below. Taken individually they’re alarming. Taken as a whole, it is a brilliant, Machiavellian game plan to turn the United States into a socialist/Marxist state with a permanent majority that desperately needs government for survival … and can be counted on to always vote for bigger government. Why not? They have no responsibility to pay for it.
    – Universal health care. The health care bill had very little to do with health care. It had everything to do with unionizing millions of hospital and health care workers, as well as adding 15,000 to 20,000 new IRS agents (who will join government employee unions). Obama doesn’t care that giving free health care to 30 million Americans will add trillions to the national debt. What he does care about is that it cements the dependence of those 30 million voters to Democrats and big government. Who but a socialist revolutionary would pass this reckless spending bill in the middle of a depression?
    – Cap and trade. Like health care legislation having nothing to do with health care, cap and trade has nothing to do with global warming. It has everything to do with redistribution of income, government control of the economy and a criminal payoff to Obama’s biggest contributors. Those powerful and wealthy unions and contributors (like GE, which owns NBC, MSNBC and CNBC) can then be counted on to support everything Obama wants. They will kick-back hundreds of millions of dollars in contributions to Obama and the Democratic Party to keep them in power. The bonus is that all the new taxes on Americans with bigger cars, bigger homes and businesses helps Obama “spread the wealth around.”
    – Make Puerto Rico a state. Why? Who’s asking for a 51st state? Who’s asking for millions of new welfare recipients and government entitlement addicts in the middle of a depression? Certainly not American taxpayers. But this has been Obama’s plan all along. His goal is to add two new Democrat senators, five Democrat congressman and a million loyal Democratic voters who are dependent on big government.
    – Legalize 12 million illegal immigrants. Just giving these 12 million potential new citizens free health care alone could overwhelm the system and bankrupt America. But it adds 12 million reliable new Democrat voters who can be counted on to support big government. Add another few trillion dollars in welfare, aid to dependent children, food stamps, free medical, education, tax credits for the poor, and eventually Social Security.
    – Stimulus and bailouts. Where did all that money go? It went to Democrat contributors, organizations (ACORN), and unions — including billions of dollars to save or create jobs of government employees across the country. It went to save GM and Chrysler so that their employees could keep paying union dues. It went to AIG so that Goldman Sachs could be bailed out (after giving Obama almost $1 million in contributions). A staggering $125 billion went to teachers (thereby protecting their union dues). All those public employees will vote loyally Democrat to protect their bloated salaries and pensions that are bankrupting America. The country goes broke, future generations face a bleak future, but Obama, the Democrat Party, government, and the unions grow more powerful. The ends justify the means.
    – Raise taxes on small business owners, high-income earners, and job creators. Put the entire burden on only the top 20 percent of taxpayers, redistribute the income, punish success, and reward those who did nothing to deserve it (except vote for Obama). Reagan wanted to dramatically cut taxes in order to starve the government. Obama wants to dramatically raise taxes to starve his political opposition.
    With the acts outlined above, Obama and his regime have created a vast and rapidly expanding constituency of voters dependent on big government; a vast privileged class of public employees who work for big government; and a government dedicated to destroying capitalism and installing themselves as socialist rulers by overwhelming the system.
    Add it up and you’ve got the perfect Marxist scheme — all devised by my Columbia University college classmate Barack Obama using the Cloward and Piven Plan.

    And that is exactly what the Kenyan is doing….destroying America.

    • Frannie

      Thank you for taking the time to write this JC. If possible you should send this out all over the country for anyone and everyone to take heed. I’ve copied it to send it out to as many people I can. Only the head buried in the sand and political asleep citizens don’t want to hear the truth.

      Obama is doing this very thing that Root talked about in your comment and he has until 2012 to complete his plans. There are many things he has done to impeach him and I’m wondering why someone in Congress hasn’t stepped up to the plate instead yet.

      • JC

        Frannie, I’m glad you find the message relevant. I do.
        It was actually sent to me by a fellow Libertarian
        though and all I did was paste it in.

    • James

      JC, Thank you, President Obama is FDR all over again. When government controls everything, and federal agencies are authorized to punish people for not complying with federal edicts, it’s called communism.

      • JC

        That’s right James and it’s never been more important for us to understand this and educate our friends and neighbors.

  • Rev. Robert


    • Frannie

      I’m surprised also Rev.Robert. So many people gets this wrong. The Lord didn’t say ‘Money is the root of all evil’ as someone noted above, he said, ‘The LOVE of Money is….’


    So how WILL one use the gold and silver he/she accumulates?

    • Vicki

      The same way people have used it for thousands of years. You will buy and sell using it as the barter item of choice making it possible for you to trade some product you make to gold/silver then buy product from someone else that just is not interested in your product.

      That by the way is why I laugh at people who want to stop using “money” and go to what they call a “barter” system. We are already in a barter system. It’s the only kind there is.

      People started using “money” to increase the efficiency of barter.
      A good example of why this is more efficient is 2 farmers. Both grow all the wheat they can sell/use. One paints houses too. The first farmer wants his house painted. The other farmer has no interest in trading house painting for wheat as he already has more than enough of. So instead the first farmer gives the 2nd some gold or silver for the house painting. Thus the barter efficiency is much improved.

      • James

        Vicki, I would suggest that we repeal the Federal Reserve Act and go back to using gold and silver coins, money that has intrinsic value.

        • JC

          Boy the Feds wouldn’t like that very much would they?
          Imagine how limited their actions would be if the currency was tied to gold.
          As an aside…did you notice that Apartheid in S. Africa was ok with the rest of the world until the government there started circulating the Krugerrand?
          Not to condone racism on any level, but it does seem ironic doesn’t it?

        • vicki

          OK. Go here to help do that :)

          also checkout their campaign to audit the fed.


    Whoa, you’re a “Rev.” and you don’t know that it’s “The LOVE of money is the root of all evil.”?

    • Vicki

      The root of all evil is the love of POWER over others. Money in and of itself is just a method of trading wealth between people.

      • Rob Alexander

        Right on Vicki – sad that so few get this. Money is just a means to power.

        Too bad most people can’t think beyond 1 step, hence why Democrat “hand to mouth” policies or what I call “giving based economics” are so popular with so many.

    • viktor leben

      Actually back in Solomon’s time the economy was predominantly agrarian. One of the fastest ways to accumulate wealth was to steal it. Armies would sack cities and take all their gold/silver etc…. You can read this in the Bible, where different foreign rulers sacked Jerusalem, Israel and Judah ….. Robbery and thievery was the only way of making a quick buck.

      Fast forward to the Industrial Revolution, machines multiplied a man’s productive capacity. Machines (Thank God !) produced incredible wealth ! You don’t need to sack a city. Just build a small factory, add more machines as you get wealthier ,the sky is the limit ! It is easier for a man to be honest because of plenty (brought to you by the machine) …

      It’s to bad those machines have been shutdown, sold for scrap, or just abandoned. As our Industrial base disentagrates (we still have a ways to go) the love of money will once again be the root of all evil. People are lacking money to survive so they are going to have to steal it from their neighbors. Then there are the few crazy investment bankers who just want to rule everyone’s life (not all investment bankers are evil) ….

  • CAG

    Ezekiel 7:19 They will throw their silver and gold into the streets like garbage. Their silver and gold won’t be able to rescue them on the day of the LORD’S anger. It will no longer satisfy their hunger or fill their stomachs. Their silver and gold caused them to fall into sin.
    I agree with the lady above, you can not eat it and it won’t exchange for the things you need. Buy chickens instead and reaise a garden–oh that takes work doesn’t it?

    • Vicki

      The problem with chickens is that you need a big enough piece of land to raise them. And btw many cities do now allow you to have enough of them to matter.

      As to work they are not overly hard to take care of. A dog and or cat are just as difficult. (Presuming you are eating the eggs and not also eating the chickens.)

  • freedom

    all you smart money people.What the hell do I do with an ounce of gold in buying my everyday needs if the dollar collapses.Do I carry a knife and slice it off and carry a battery digital scale to weigh it? Then maybe the grocer says my scale is inaccurate and will only use his scale.Then we argue over weight times value.
    How will the person at the fast food place take my my gold when they can not make change now? How will the gas station attendent take my gold for a fill up? How do I eat gold? How do I protect my gold? What if Obama calls in the gold like Roosevelt did? I see all this information telling me to buy gold and silver but hardly any on what to do with it if the economy fails.I do believe that you wizards simply do not know what to do and you all are going to look bad laying over your gold after someone does you in because you forgot to buy bullets and guns to protect it.Where do you hide it? How do you get to it without your neighbor knowing? The first time you leave your home with it and spend it you will be a marked man.

    Just vote the idiots out of office and join the NRA to protect your gold you are told to buy because a big stick ain’t gonna do it.

    • Vicki

      Vote the people who do not support the constitution out. As to gold and silver buy US Minted coins. Silver Dimes are good. Save the US $20 gold pieces for big purchases. :)

    • viktor leben

      You are making the use of gold/silver complicated ! Concentrate ! Your local shopkeeper will extend you store credit (based on amount of gold/silver – not dollars) …. A whole new STABLE pricing system ! No inflation ! Unless their is scarcity of an item in the future… Good to spend the gold/silver NOW !

      Talk about a stimulus program, prices per ounce of precious metal might actually go down in a small town .. especially if the goods are produced locally !!!!

      You can use that store credit as a cash substittue, barter that voucher away to some other transaction … The deals can be struck by verifying the voucher, this would be EZ in a small town- where everyone knows your business !!!

      This requires honest businessman… so be careful who you do business with….

    • James

      Freedom, gold is just a storehouse of value, it increases in price just as all other commodities do. When you need to spend it, just exchange it for paper dollars at a local coin shop. You will notice that when you do so, you will receive more dollars than you originally bought it for.

  • DLN


    • viktor leben

      Philo Farnsworth was one of the inventors of all electronic television. He worked on the FUsor back in the 1960′s, he had a sustained reaction of about 30 seconds (if my memory is working right). He passed on , but these Fusor scientists have taken over in his research. If they could just adjust the electrostatic containment shell (You need the Minkowski Geometry, you got to map it that way) and this Bearden’s fellow theory on zpg… you’re all set.

      • Vicki

        Look up FUsor reactor on google for a lot of interesting articles. seems to be trying to follow the Open Source Software concepts.

    • Richard Pawley

      History has been re-written for a lot longer than 50 years, more like 150. You wouldn’t believe all that has been taken out. Did you know that Democratic Progressive Woodrow Wilson segregated the military because he was an Ivy League racist? Did you know that he ran on a ticket to keep us out of WWI and within a couple of months after becoming president he got us into WWI? Although we had gotten along without a central bank from 1836 until 1913 it was Wilson who allowed this privately owned bank (only partly American) to take over our money that year? We also got along without income tax until then but we had to start paying those private bankers for all they were doing for us (Ha ha) and that is where that curse began. Wilson hated the thought of women voting and he fought hard against it, supported the League of Nations, the very first step in a one world government where individual rights will be suppressed but collective rights will reign, for those groups who are in the know. Wilson did not like the Constitution or the American Way (sound familiar). Neither did FDR who tried all kinds of unconstitutional things and when he couldn’t get his way he tried to stack the supreme court (sound familiar?). The dollar has lost over 95% of it value since Wilson was responsible for voting in the mostly Republican controlled Federal Reserve Bank although it is really more international than Republican. Watch Founder’s Fridays on Fox News at 5 p.m. EST time and you will be astonished at all that is not as is taught in school. However, I must disagree that prayer without action is useless. Pray IS action, if you have experienced the power of God in your spirit. Two very easy to read books, classic paperbacks, that I recommend to any and all who want to know how God works without all the mumbo-jumbo, are GOD CALLING, over 360 things that Jesus told a woman in England over 75 years ago about how it all really is, what counts and what doesn’t, and PRISON TO PRAISE that is only 106 pages long but is outstanding. You can change laws without leaving your house or voting, he told them. I write about both these books in both of mine and in truth they are much more important than mine.They have been reprinted many tens of millions of times. If enough people pray we can win back the Senate and the House, not just with run-of-the-mill Republicans but with God fearing people who believe in the Constitution and the freedom that the socialists are so anxious to take away from us. If enough people will pray, Obama’s twin, Elena Kagin will not make it to the Supreme Court to dictate our laws for the next 30 years, and if enough people pray leading up to November, that God will work His will in all our affairs in Washington, in the House and in the Senate, then we can replace the 111th Congress whose insane spending is already going to cause at least 200% inflation (after the deflation ends) but it will be much worse if they are not replaced. Read those two books I recommended and you will never say that prayer alone is useless. I do not believe that there is any chance that Obama or any Democrat will be able to win the presidency in 2012 as there is a high probability that things will be worse by then than they were in the last Great Depression, but they could be much worse if we don’t pray, and if we don’t vote for true Americans in November. It is NOVEMBER OR NEVER. May God bless America because no one else is going to do so.

  • bob pa

    did you ever hear of silver and copper. they also are exchange units as is gold and they are also in circulation.. one once of silver is $22.oo gold is $1200 about 50 silvers equal 1 gold . also copper has a quoted value and as the news reports that people are stealing copper because it is paying 8 to 20 dollars an pound. also aluminum trades also so you just need to look at the trading value of metals to exchange value. but really you have to throw out all the criminals in office and put honest God fearing people in office. you have been putting criminal low lifes in office too long and you have this problem now. deal with it.

  • jim caputo

    America is at the crossroads with this coming election. If Obama is reelected to another term it is all over for Democracy. Arm yourself, collect Gold and Silver and Ammo. Yes stock up on canned goods. Riots and anarchy are coming. Bulletproof clothing is also a must. Water purifying system a must. Your home will not be safe. You will not be safe. Defeat Obama, it’s our only hope!

    • JC

      That’s a sobering thought isn’t it?
      But it’s also a very real probability with a
      communist in the White House.

    • Richard Pawley

      But the only way we can do this is if we first defeat all those in Congress who support all that Obama proposes. The vote to change the 111th Congress in November is going to prove to be the most important election in 25 years! If we wait until 2012 you simply will not believe what has become of this country. Obama can do very little to destroy the United States without Congress. They are the ones who must be stopped in November. It is NOVEMBER OR NEVER!

  • bob pa

    jim caputo you must learn about our founding fathers who said that we are to overthrow an unjust government when are you going to join the founding fathers and their follows and uprise? you better find out fast because america needs you also.

    • bob

      Good old Thomas Jefferson. If you really want to get made see what they said about banks. Read these wise men

  • bob pa

    jc says does that mean caputo or bob pa or both.

    • JC

      Hey bob,

      Actually I was referring to Jim Caputo’s comment.
      But you also raise a good point. I’d have to agree that silver and copper are much more negotiable than gold.

  • http://40milesdeep JEFF KNUTSON

    Gold and silver will be the new exchange for money. As run away inflation continues the only things that will hold their value are gold, silver, food, fuel, guns, amuinition and anything wee need to survive. silver coins are small enough and cheap enough to trade for necessities.

  • John Pickett

    I’ve read most of all what you have said and you all have great idea’s but, how about this let’s get together and put it into action. Don’t wait till November do it now! Tell all you know and those you tell and so on! I remember in church one year we were asked a question about what keeps its value and a gentleman next to me said Gold and Land. Whether or not it’s true I do know what’s true we have let that 10 mile square in D.C. run roughshod over WE THE PEOPLE! No more take our country back and do it Now! God bless you all, May God bless the U.S.A.

  • culver wold

    a so car “expert” on the radio a few days ago said that the devaluation of the dollar did not historically cause the price of Gold to rise in relationship to the drop in value of the dollar. I find this hard to believe. Currently the foreign exchange value of the dollar has remained fairly constant over the past month, in spite of the increase in the total number of dollars in circulation. At the same time there has been a gradual increase in the spot value of gold and a steady value has been maintained over the past month. So gold has gone up a little bit while the dollar has remained reasonably constant. I cannot imagine why a serious drop in value of the dollar would not reflect a rise in the spot value of the Gold since no one in his right mind, it seems to me would accept a less valuable dollar in exchange for an ounce Gold. In effect it would mean getting dollars with less buying power for an ounce of gold than before. Can anyone explain what the “expert” is talking about?

    • Richard Pawley

      Many of the so called experts really aren’t! If you look at the price of gold in 1913 when Congress turned over their Congressional duty of being responsible for the money to the privately owned FED, and the value of what a dollar will buy, you will see that they have gone in opposite directions (not every year) but over time, from then till now. Exchange rates over a month are meaningless. You have to study them over a year and then over five years to get a real feel for them and then you have to study all about the country you are comparing the dollar with. The dollar should already be worth only half of what it is now but it’s to long to go into here. If dollars still exist in twenty years…well, I don’t think they will so it’s all academic. Just remember you can’t eat gold and I know someone who sold all his and in a remote part of the country where he lives now has a five year supply of non-perishable food. He also has guns and dogs and hidden cameras to protect it. Don’t go crazy over this but if you believe in God pray about it and start to get ready because no one knows exactly how much time we have until our house of cards comes tumbling down. Several of my very intelligent sources believe it will be in 2012 and that’s as good a date as any. I don’t think the inflation in food will wait that long but I certainly hope so. Gold is no longer cheap but I do not believe it is likely to get much cheaper unless the stock market really crashes and that will only be temporary. It is however merely a store of value until we eliminate all coupon money. If you can only afford a little go for the smaller pieces like a quarter of an ounce but I believe that non-perishable food stored in a cool dry place will prove more important.

  • PHILesq

    No one ever mentions in these articles that the federal reserve isn’t part of OUR government….that it’s privately owned by by the all powerful N.W.O. advocate Rothschilds family, who own most of the gold in the world,and set gold’s daily price world wide! If we are to discuss paper currency and /or gold we must talk about the Rothschilds!

    • s c

      I’m not calling you a liar, Phil, but your conclusion is WRONG. It’s no secret on this website that the Fed controls America’s money supply and has NEVER been a part of America’s ‘government.’
      It’s the mentally defective progressives who REFUSE to see or admit that the Fed is a PRIVATE CORPORATION and is even WORSE than the corporations they claim they despise.
      They’ve been thoroughly brainwashed, and unless or until their “leaders” tell them to put the Fed on their ‘list,’ they will NEVER look at the Fed as a private corporation.
      Ask Bob Livingston. Ask any of the political writers who write articles for this website. The Fed is an open secret. It’s the dreamers and their zombie pals who prefer denial to reality.
      They go through life without thinking. They FEEL. They should have been born in the 18th century, when they could have been traitors and backed the British. Then, perhaps, they wouldn’t be such a negative influence in America.

  • JP

    For those hoarding gold to buy food during an economic collapse, ie. hyperinflation…where are you going to purchase food with gold? No markets have their register software set up for prices in oz’s gold, or have a scale to weigh in ounces. Duh!

    • JC

      When the cash becomes worthless, and it will, try buying food with your smile…duh!

  • magjoh

    I really enjoy reading blogs. Seeing how easy it is to get people in an uproar. For as many people that seams to fear the Administration of President Obama. There seams to be a higher power working than him. People read a article and go in left field. Obama is just a man he is not God and he is not satan. He is a vessel being used by God to accomplish His plan. We the people that have lived immoral lives. We need to look in the mirror and maybe God will heal not only our land but us and (US)too.

  • John

    Why are so many of you invoking God in a discussion about gold and cash appreciation? It always amazes me how many conspiracy theorists are bible bashers. Ironic that you’re touting the biggest conspiracy of all!


Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.