What would it take for President Trump to re-monetize silver? Hugo Salinas Price spells out what it would take, and it wouldn’t take much…
A Message for Trump. Expanded and Clarified as of January 23, 2019.
Mr. President Trump, Sir: you are working tirelessly, against tremendous odds, to carry out your mission in life, which is to “Make America Great Again”.
I propose to you a measure fully in accord with your vision of a great, united nation of America, working for prosperity; a measure that conveys a fundamental message of inspiration for the American people. The greatness of a nation flowers when its moral stature is elevated, and such is the object of the measure that I suggest to you.
I suggest that you restore to Americans the use of silver money as a means of savings, to grant Americans the peace of mind that such savings provide, immune to the ravages of inflation which now decimate the savings of the whole world.
If you should take up the challenge which such a measure involves, you would, without any doubt, be accorded a stature of greatness as President of the United States of America, not seen since the time of Andrew Jackson.
And not only that: you would achieve a landslide electoral victory in your re-election as President in 2020.
Furthermore, thanks to the moral significance of having created silver money for your Nation, you would win over to the United States the goodwill of the whole of the Western Hemisphere, which for centuries and up to the early 20th Century, labored with the use of silver money: the whole Hemisphere would follow your glorious example.
I am not, by any means, suggesting the abandonment of your established system of paper money: I am suggesting silver money that will operate in parallel with paper money, for the exclusive use of silver money as a means of saving.
Silver money disappeared from circulation in the whole world, because silver money traditionally bore a stamped monetary value, and when the price of silver began to rise as a consequence of the general inflation of prices caused by paper money, the silver in the coinage became worth more than its stamped value. This caused the disappearance of the world´s silver money, which in the United States took place in the early 60’s.
The solution to the problem lies in creating silver money without a stamped monetary value; the monetary value will be imparted to the coinage by means of a monetary quote, to be issued by your Treasury. This quote would include a profit for the Treasury, over the cost of the silver in the coins. The quote would rise with rises in the dollar value of industrial silver, but never be diminished in the event of falls in the value of silver.
Over the whole course of History, the creation of money has been the exclusive right of Government, and in assigning to your Treasury the function of creating silver money by means of a quote, you would be following a centuries’ old practice that operated until the usurpation of the creation of money by a cabal of bankers.
According to one investigator – Steve St. Angelo, who publishes his articles at www.srsroccoreport.com – in the period from 1986 to the present, the American people have purchased more than 520,000,000 ounces of silver for their savings. These savings are in the form of “Eagle” silver ounces, which are stamped “One Dollar”.
Just like Stocks or Bonds which bear a printed value when issued, but whose daily value depends on the quote given to them by the Market, so the “Eagle” ounces can be monetized by means of a quote higher than the “One Dollar” stamped on these coins. (New issues of “Eagle” coins would omit the words “One Dollar”).
So, I suggest that the President of the United States of America issue an Executive Order, ordering the Treasury:
1. To issue an official monetary quote for the Silver Eagle. I suggest the initial quote shall be, for the time being, $30 dollars. This quote will never be less, but may be worth considerably more as the price of silver rises.
2. To increase the monetary value of the Silver Eagle, when necessary. Subsequent rises of the price of silver, which would reduce the seigniorage accruing to the Treasury to less than 40%, shall cause the Treasury to increase the monetary quote to the next multiple of 5 dollars.
3. To retain the last monetary quote for the Silver Eagle if the price of silver falls, and not reduce it under any circumstances.
4. To accept that all debts to the Treasury shall be payable both in Dollars or in Silver Eagle coins at the quoted monetary value assigned to them by the Treasury.
This Executive Order turns the Silver Eagle ounces – all 520 million of them – into silver money.
Mr. President Trump: please imagine for a moment, the joy and steadfast political support of the millions of Americans who have purchased these silver ounces, when you announce that their ounces are now worth, as money, $30 Dollars each. At one stroke you will have demolished negative attitudes of millions of Democrats by granting them, as well as your millions of Republican supporters, an immensely important gift: silver money which will increase in monetary value, as the price of silver rises – a gift which will cost your Treasury nothing! On the contrary, your Treasury will be making a profit on all further coinage of Silver Eagles!
In boxing terms, your enemies suppose they have you on the ropes. So, in this moment it would be a stunning surprise if you snatch from them the control of the ‘narrative’, by monetizing the Silver Eagle; thus, you draw the attention of the totality of the American people and of the whole world with this splendid move: to offer the American people the possibility of placing a part of their savings in ready silver money.
Mr. President Trump: I have outlined in a few words, a plan that if pursued, will immediately invigorate the United States of America, as each American does his very best to work and produce the wherewithal to become the owner of silver ounces, for his and his family’s wellbeing.
Mr. President Trump, Sir: Do you have it in you, to achieve such greatness as President, as will endure for centuries in the collective memory of the United States of America? Then –
MAKE AMERICA GREAT AGAIN WITH SILVER MONEY
SD Friday Wrap: This rant has got it all, and it’s GUARANTEED TO MAKE YOU MAD, so enter at your own risk…
It sucks being early.
And I’m always early.
It’s the story of my life: Always early, rarely wrong.
It sucks because you get laughed at.
It sucks because people look at you like you’re from outer space.
It sucks because people are oh-so-quick to slap the “conspiracy theorist” label on you.
Case in point –
One day prior to the United States government overthrowing the Venezuelan government, I put out an article posing the question about whether regime change in Venezuela was imminent?
And then came the onslaught.
“You’re full of nonsense!”.
“You have no grasp of reality!”.
“You just do it for click-bait!”.
“You’re just some two-bit precious metals pumper!”.
And then came the regime change.
The worst part about this regime change is that nearly every single person bought in to the whole stupid “organic uprising” bull-crap spewed by the US government and the US government’s liars and propagandists.
99.999% OF EVERYBODY bought into it.
And I do mean everybody.
Mostly I’m angry about the sound of crickets coming from the alternative media on this one.
You see, regime change doesn’t fit in with this whole phony MAGA thing, so all we get from the supposedly alt-media are crickets.
Why?
Because the alternative media has had it’s balls cut off.
Seriously.
There is barely anybody in the alternative media saying, “wait a second, I’m not so sure what the government is telling me to believe is correct.”.
Nor is anybody saying, “what I’m seeing on TV, YouTube and on Twitter might be fake, and that which is not fake may be spun a certain way to easily fool the sheeple.”.
Well, congrat-u-freakin’-lations.
Because nearly every single “awoke” person fell for this crap.
So much for being “awake”.
“Great awakening”?
My ass.
Just when you think there may be a sliver of hope, and just when you think that the people are finally starting to get it.
Nope.
Sheeple.
Brainwashed sheeple that is.
And they’re turning into mindless zombies.
It has bothered me so much, that last night I sat down and stated putting thoughts onto screen, and believe me, not one person would have been spared from getting torn a new one with the words that I’m about to let loose.
Not one person.
So I’m going to share what I wrote, even though it’s against my best judgement.
It’s that important.
Besides, I’m a firm believer in doing first, and if screwing-up in the process, then asking for forgiveness later.
Last night, I ultimately and abruptly stopped writing what I’m about to share because I started thinking, “why should I care about the sheeple anyway?”.
That’s another story of my life.
Caring about the sheeple.
It’s a curse, and it sucks.
Sometimes I wish I could just be an asshole, take some Fukitall, and then start lunging directly towards jugulars in this dog-eat-dog world.
Besides, living a carefree lifestyle in a perpetual state of ignorant bliss while downin’ a couple brewskies watching some football on cold Winter’s Sunday doesn’t sound all that bad.
Isn’t there a Super Bowl coming up sometime soon anyway?
The only problem is I can barely last two minutes in front of a television without vomiting.
And so I care.
As painful and as sickening as it may be.
That said, these words are guaranteed to burn everybody in a way that makes being stuffed into a microwave and cooked for 30 minutes seem like the nice relief of an air-conditioned room on a sticky, humid, hot, and muggy day.
Seriously.
What I’m about to say will make you mad.
Not that I haven’t likely already made you mad anyway.
So if you don’t feel like becoming mad, and yes, I mean mad, not angry, then I suggest scrolling down to the end of this rant because you will be offended, and this rant will make you mad.
RANT ON –
*****
WRITTEN ON JANUARY 24TH, 2019, IN THE EARLY EVENING
*****
Where are you alternative media?
Truth tellers?
Hello?
Is this thing on?
Where are the skeptics?
Where is the investigative journalism?
Why has everybody bought the narrative, deaf, dumb & blind?
Oh well.
Doesn’t matter.
I’ll just put the obvious out there, and hopefully people will get it.
‘Cause I’m pissed, and I need to get this off my chest or I probably won’t sleep well tonight.
So I’m only going to say this once, and hopefully, people will get it –
Every globalist and Deep State swamp creature absolutely loves what the Trump Administration is doing to Venezuela.
As an added bonus, the globalists and the Deep State are laughing all the way to the bank because of the stupidity of the masses.
Genuine uprising.
Genuine uprising my ass!
Because Venezuelans went through the protests and the uprising a long time ago.
And they lost.
Those candles will just burn down, and then they will burn out.
Because they’re worn-down, and they lost, and they will continue to lose until complete and total collapse.
The strong in Venezuela were either killed already, have fled, or they’ve become too weak to do anything.
- From diseases and infections.
- From malnutrition and starvation.
- From helplessness and hopelessness.
I’m sorry, but the poor, starving Venezuelans didn’t just collectively muster up Incredible Hulkian strength because they all-of-the-sudden reached their tipping point and decided to overthrow the Maduro “regime” with lightning speed, forcing both Maduro and the military into submission.
Here’s the trick, and it’s not even magic, it’s just dirty: The sheeple have been duped.
Nearly EVERYBODY has been duped.
OK, “Hey Half Dollar, everybody knows it was the military that turned on Maduro and overthrew him, not the common folk”.
Get out of here with that nonsense!
Then why do we get all those videos of “hundreds of thousands” of Venezuelans, taking to the streets “to protest the Maduro government and show their support for Guaido”?
Besides, you mean to tell me that not one single soldier during the exact moment of a military coup was killed, on either side, and that only a few protesting citizens of Venezuela were killed?
Sorry.
I’m smart enough to know the difference between a corn dog and crap-on-a-stick.
There must only be three Pauls left in the world, because it seems only people named Paul get it.
Two of them are true Patriots, and one of them is just an idiot who thinks he’s a Patriot, but Patriots don’t call themselves that anyway, so he is just an idiot.
Patriots just are.
The third Paul is just an idiot who knows too much like Syme, but didn’t get vaporized like Syme.
And no, escaping instantaneous vaporization was not by intelligence, strength, or wit, but by dumb luck.
What can I say?
The sensors seem to always go haywire every time the vaporizer gets near me.
But I digress.
Paul Craig Roberts gets it: Washington Has Appointed A President For Venezuela
And Ron Paul gets it: Ron Paul: “Maduro must go!” – President Trump Sucked Into His Own Syrian-Style War
Me?
Well, yeah, I get it, but simple things get simple minds.
Simplicity requires something, however, and I’m sure that 99.999% of the people can’t do it.
You wanna know the secret to simplicity?
And just plain getting it?
I’ll tell you –
You must turn off the TV, turn off the radio, stop watching Disney for Adult Men, otherwise known as ESPN, stop watching CIA produced movies, which is every single Hollywood movie and every major internationally-acclaimed movie, stop listening to popular music, unless, of course, you listen to the music of your youth only, which is OK because you were too young and malleable to understand MK Ultra anyway, stop watching popular YouTubers, and there’s probably more things that one must stop doing that are slipping my mind right now because I’m just too irate to clank it out on my keyboard.
OK, “Hey Half Dollar, you’ve really fallen off your rocker this time. The Venezuelan people came together to overthrow the evil dictator and illegitimate Nicolas Maduro. So chill man. Besides, it’s not that big of a deal. You’re makin’ a big fuss about nothin’!”.
Yeah.
I know.
Who cares, right?
I mean, the people of Venezuela were suffering so much, and it was all, and only, because of Maduro – the undocumented, illegal President.
And the United States was only ever there to lend a helping hand when a helping hand was needed.
Poor Venezuelans, but now, after you have risen-up and overthrown your evil government in mere hours, we stand with you.
No, seriously.
We stand with you.
But don’t take ‘Ol Half Dollar’s word for it, hear it for yourself:
Los paralelos en el trato de EE.UU. a Venezuela en 2019 y a Libia en 2011
5,926 people are talking about this
Do you see now, formerly oppressed peoples of Venezuela?
You have nothing to worry about because the overflowing abundance of newfound Freedom and Liberty will last forever, and it was all brought to you by the utmost sincere kindness of the most benevolent of peace makers.
OK, “Hey Half Dollar, you’re just ranting, so could you at least get on to your point. I mean, you did say something about “globalists” and “deep state”, so get on with it already.”.
Yeah.
Sorry about that.
This has been bothering me a lot lately.
You know, kind of like, “hey, something’s not right here, don’t ya think”?
But nobody can hear, let alone see.
Or do the math to put two and two together.
So let’s try to do some math.
And I apologize in advance, because, well, you know – we all know that Half Dollar ain’t no dang mathematician.
But let’s try anyway.
Starting off with the globalist/Deep State seal of approval, we have our home team and everybody’s favorite 2016 Republican Presidential Primary Loser, Jeb Bush:
“Thank you, Mr. President”.
Ahh yes.
Thank you.
You know, for bringing Freedom, Liberty, and democracy to the formerly oppressed and suffering people of Venezuela.
Who’s next?
Let’s see if you can recognize this guy, without reading the title or listening to him say his name when he swears his allegiance to the Queen:
It’s just like a regular Wet Willie, only with, well, a royal twist.
You’ll see.
You’re gonna love it.
And you will love it whether you like it or not!
Just like we see Trudeau lovin’ what the Trump Administration is doing to Venezuela:
*****
END OF WHAT WAS WRITTEN ON JANUARY 24TH, 2019, IN THE EARLY EVENING
*****
– RANT OFF
So it sucks being early.
Let me give two more examples, because it shows how being early is just a matter of my life.
In 2010 I bought a (piece of crap by the way) Dell Streak.
It was an Android phone running version 1.6, and it had a 5-inch screen.
Everybody laughed at me and said I looked like a clown carrying such a big phone.
Yet what is the average size phone screen today?
Well, according to phonearena, most people have a phone with at least a 5.5-inch screen.
That is an example of the daily stupidity I face from being early.
Being early is not just meaningless either.
Take, for example, the downfall of the United States.
In 2008 I said only a non-politician outsider could fix the United States.
I was called an idiot, I was laughed at, and all those other “sucks being early” things.
In 2016, the American people finally got it.
But guess what?
It’s too late.
Here’s one last example: The Wall.
I’m right.
Just early.
Guilty of being right.
That’s the verdict in this kangaroo court.
So I’ll continue to serve my sentence.
Because appeal is of no use.
Moving on.
I thought gold & silver would rally this week.
I thought wrong.
Now sure, we are up on the week in both gold & silver, but it was no rally.
Hopefully the rally can begin next week in earnest. Of course, that’s if you’re not a buyer here. If you are a buyer here, I hope you have the continued chance to stack at these suppressed prices.
The price of gold & silver is not their value.
The gold-to-silver ratio still favors silver:
I do think we’re still at the point where this is about as good as it will get for some time.
The golden cross in gold is, well, golden:
Technically speaking, when the average price of gold over the last fifty days is higher than the average price of gold over the last 200 days, that’s bullish.
Silver has one big, fat, beautiful candle today:
I think we take out $16 next week.
We’ll see.
Palladium looks to be completing its pullback:
In a bull market you “buy the dip”.
Palladium just dipped.
Even platinum is showing signs of life to end the week:
Follow-through momentum is important for platinum here.
Of course, we really need all of the precious metals to follow-through with momentum next week.
I think we can.
Copper surged through its 50-day moving average to close out the week:
Looks like copper is climbing that wall of worry to me.
I was the first person to call the inverse head-n-shoulders pattern in crude oil:
I’m also looking for oil to be in the upper $70s by Spring or Summer.
The VIX is one of the easiest things in the world to suppress:
As the global economy gets wiped out, with the United States included, the globalists and the Deep State will simply back-off and let the VIX do it’s thing,
Because, you know, it’s all about that narrative.
For now, the mainstream narrative has been to say the correction in the stock market is over:
That is, just before the globalists pull the plug on the stock market.
I think yield on the 10-Year Note is rolling over here:
That means to look for interest rates to go down and bond prices to go up.
The economy can’t handle higher interest rates, but down the line, rates are really going to surge because of run-away inflation, whether the economy can handle higher rates or not.
The US Dollar hit my target:
Dollar bulls are going to be in for a rude awakening if I’m right about the dollar falling from here.
If there could be one key take-away from this week, what would that take-away be?
The week is not over.
There are two more days.
And we have a US government making a move on Venezuela.
Venezuela is not “fixed”.
In fact, the situation in Venezuela is about to get much worse.
Just like the entire global economy.
Including the United States.
Stack accordingly…
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