Jim’s Daily Rant. Govt. To Value Silver at $175?

My friend Jack sent me this email today:

US will back constitional dollar with $175 Dollar silver ... ???? it is being reported ?EMERGENCY: CME Could HALT Silver Trading ($95 Breaking Point, What Happens Next Based On Real Data)

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“The Chinese Guy” suggests that our government may be seeking ways to bolster world confidence in our Dollar by various means, some including obtaining enough silver and gold to back it. Some methods might be to declare silver to be valued at $175 and exchangeable at that rate. Others might be to confiscate silver outright verses purchasing in buld contract with mines. All of these methods will take from 6 to 18 months to implement.

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Response #1: Initial Thoughts:

My initial response to jack was:

I am half way through the podcast.

My gut response is it will not impact your Business Model for at least 6 months.

In the meantime, many other things will be in a state of change.

I need to put a lot of thought into this matrix problem.

My gut is the us needs to build a 'Variable' solution; words and promises today and various steps of implementation as life proceeds. The government cannot foresee the future now, nor can the citizens.

Gut Conclusion:  The Rocket ride cannot be stopped in 2026.

Response #2: Legislation:

The US can only legislate how it values Silver.

The US cannot value how the world values Silver.

The Silver is in two forms: Bulk and Silver Dollars. I do not believe the government can force sale of purchased collectibles/investment silver dollars. Therefore they will always be free to market worldwide; cannot be stopped in actuality.

With what the Republic is going through to recreate itself, they dare not broach either banning alcohol or precious metal possession to the citizens. The government can only get to the future Silver supplies first.

To restate all the above, a new fledgling government in North America had better steer clear of outlawing all but the Missionary Position during sex in their first session of Congress. It is too hot to touch !!!! So is confiscating personal investments.

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What I see in my mind’s eye is the Little Train Engine that could barely make it up the hill. Then it was joined by a giant engine (my version), ours being the Silver attack on the Banksters.

If the Military Intelligence is behind this, then they have already planned the remedy. Why would they be driving the public to participate just to slaughter their dreams afterward?

That is just not going to happen.

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In programming one begins by first deciding where you are going. This is accomplished by “Declaring” what will go into Storage Cells to remember items/values needed. First one declares if each cell is to be a FIXED item, never changed (ounces in a pound) OR VARIABLE item (today’s price for tomatoes).

We are standing on quicksand now and soon we will be walking through chaos on sinking rocks to hopefully reach Terra Firma again. Wouldn’t it be prudent for Congress declare the money backing as a “Variable” to be negotiated with the people as the landscape changes?

Wouldn’t negotiation be preferred to risk of open rebellion? I believe they know this, and so should we. Whatever they do has been well thought out and will occur in its right time. In the meantime, we need to keep creating our world ahead and not give it any thought.

It would indeed be foolish for us today to sell Silver to hang onto the Federal Reserve Notes. When the time to sell arrives we will not have any need to hoard the silver any more. We will willingly wish to be vested in the new Dollars. We ourselves will know when that time arrives.