Cuz Merica

[datzenmike]

 It used to be that every dollar was backed by an equal amount of gold. Gold was separated from currency in the mid '30s. Before that you could ask for your dollar's worth in gold. After, it was illegal to own gold. It changes around all the time.

[VFR800]

Illegal to own gold ey? 

 

Back then and all the way through to now (in USA)?

 

People here in AUS use it as an investment option.

[KoHeartsGPA]

You can own gold here in the states, shit you can mine it if you have the means.

[VFR800]

Yeah,it's a traded commodity around the world to the best of my knowledge and was unaware of any legal impediment to owning it. 

[thisismatt]

"Yes, in this country, from 1933 to 1974 it was illegal for U.S. citizens to own gold in the form of gold bullion, without a special license. On January 1, 1975, these restrictions were lifted and gold can now be freely held in the U. S. without any licensing or restrictions of any kind."

[a.d._510_n_ok]

good old FDR.

 

 

and yes once upon a time there was American currency marked as a gold or silver certificate. you could take those bills to a bank and trade for the denomination's worth in the respective precious metal.

 

 

 

bonus food for thought:

 

 

American "silver" coins were given a copper core after '64 and are known as "sandwich coins". That's why a '65 and newer quarter has a brown stripe on the edge and older coins do not. In '64 a quarter was worth 25¢ in silver. Quarters minted after '64 lost much of their metal value and their government kept the change.

[datzenmike]

Like I said, it changes, wasn't sure when this was. 

[Dguy210]

Answer to China's yuan for gold? Asteroid mining. it would flood the market with precious metals and would be a very American answer to the problem.

[MikeRL411]

 It used to be that every dollar was backed by an equal amount of gold. Gold was separated from currency in the mid '30s. Before that you could ask for your dollar's worth in gold. After, it was illegal to own gold. It changes around all the time.

 Actually there were 3 kinds of US paper currency in circulation aside from Gold and silver coins [plus minor coinage of copper, nickle and silver blends].  There were Silver Certificates designated by a Blue treasury seal, redeemable in silver on demand.  Then there were US Notes certificates with red treasury seals designated as legal for all debts public and private And by careful folding to a taxi driver the message "gal tender and private"..  Then there were Treasury notes designated by Green treasury seals.  I haven't the faintest notion that they were backed by more than a printing press.  i have old samples of all three variants including the original [horse gamblers paid off] $2 bill, not the one with the abbreviated Declaration of Independence edited painting of the signning of the Declaration of Independence which eliminated the Delaware deligation!  Most original $2 bills will be found with a corner torn off as gamblers considered these bills to be bad luck!

[MikeRL411]

By the way!  The initial issuance of US dollars to the GIs after the Invasion of Europe was a limited reissue of the recinded Gold Standard paper currency per my WW2 Uncle!  Rapidly recalled!

[MikeRL411]

Answer to China's yuan for gold? Asteroid mining. it would flood the market with precious metals and would be a very American answer to the problem.

 

So how much gold would have to mine the asteroid to recover the multi million cost of the mission?

[Dguy210]

So how much gold would have to mine the asteroid to recover the multi million cost of the mission?

https://www.thesun.co.uk/news/2642475/nasa-to-explore-asteroid-16-psyche-which-is-so-valuable-it-could-crash-the-worlds-economy/

 

China: Gold standard bitches!

America: Fuck your gold

[125 CSL]

"US security officials have classified the left-wing group Antifa as "domestic terrorists", confidential documents have revealed."

 

http://www.independent.co.uk/news/world/americas/antifa-domestic-terrorists-us-security-agencies-homeland-security-fbi-a7927881.html

 

 

Now that antifa has been listed as domestic terrorists will this change things, will the cops start to arrest them or stand back and wait for crap to hit the fan.

 

 

[datzenmike]

Do what Napoleon did to the rabble. He unloaded grape shot into the rebellious crowd. That put an end to it quickly. When asked how he was handling the situation he said "I gave them a whiff of grape"

 

White supremacists should be on that domestic terrorist list as well.

[240zness]

Napoleon said history is just lies agreed upon right?

 

Gold standard and Saudis , oil shortage in the seventies.

 

Good luck with those asteroids but china leading is gonna suck

[240zness]

Been checking my change for pre '65, for years.

 

Started looking for dimes to mark my golf ball that had low 'score/years like 63-64. Don't want to see '85 when your trying to go low , right?

[datzenmike]

Yeah the universe is just full of gold asteroids. It's on the news every night.

[heywier427]

Why arent Kohearts and Paradime fighting?

[Draker]

DACA not renewed, sent to congress to review.

 

Will be interesting because 2018 mid terms.

[KoHeartsGPA]

So how much gold would have to mine the asteroid to recover the multi million cost of the mission?

All of it wouldn't cover the cost, we have plenty gold here in the states and would cost far less to mine it, they aren't doing so for other reasons.

[a.d._510_n_ok]

Why arent Kohearts and Paradime fighting?

In this time of national tragedy they have put their differences aside in recognition of the gravity of the situation and I for one applaud their efforts. Now is not the time for buffoonery.

 

[125 CSL]

"US security officials have classified the left-wing group Antifa as "domestic terrorists", confidential documents have revealed."

 

http://www.independent.co.uk/news/world/americas/antifa-domestic-terrorists-us-security-agencies-homeland-security-fbi-a7927881.html

 

 

Now that antifa has been listed as domestic terrorists will this change things, will the cops start to arrest them or stand back and wait for crap to hit the fan.

 

 

Rumor mill working this topic.

It just may be a lie, but talk is Soros has pulled funding. With 2 reasons given, the Dems are feeling the heat from the uncontrolled radicals, and or Soros is getting heat from the Dems over the direction the radicals are taking.

[125 CSL]

[thisismatt]

Do what Napoleon did to the rabble. He unloaded grape shot into the rebellious crowd. That put an end to it quickly. When asked how he was handling the situation he said "I gave them a whiff of grape"

 

White supremacists should be on that domestic terrorist list as well.

For what reason?

[a.d._510_n_ok]

For what reason?

to keep dems from talking to their mentors.....?