By Michael MacDonald, Christopher Whitestone
The Silver Bomb isn't a booklet approximately a few predictive monetary philosophy, yet really a frank, no-excuses glimpse on the present kingdom of items, and a decent, candid, examine logical results.
The prestidigitations of valuable banking, that have till lately been protected against scrutiny by means of a cloak of pro-banking cultural bias, are laid naked inside of those pages. Intimidating and intricate monetary and ancient connections, regardless of how deep down the rabbit gap they first could appear to be, are plainly exposed by means of the appliance of fine powerful gentle and shut inspection. previously unquestioned fiat foreign money (money subsidized by way of not anything) and fractional reserve banking regulations and their inevitable and historic effects are introduced out within the open and published.
The truth-is-stranger-than-fiction global of manipulation of the dear metals markets is unfolded in order that all may even see within. the point of interest of this booklet isn't really to cajole someone that every one of this has occurred, or that it keeps to occur. what's printed this is that it really is taking place along with different occasions of human historical past to create a by no means obvious earlier than event—the inevitable explosion of The Silver Bomb. And most significantly, useful activities and options are provided with a view to aid the reader arrange for what's already upon the horizon, the tip of paper funds sponsored by means of not anything, and the go back to steel as cash.
In those fiscally turbulent days, many funding course seekers are having a look accurately for the data contained during this e-book to assist them of their figuring out of what occurred to the greenback, what's at the moment taking place to silver and to gold, and tips on how to hedge the shrewdpermanent way.
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The Silver Bomb isn't really a ebook approximately a few predictive monetary philosophy, yet relatively a frank, no-excuses glimpse on the present nation of items, and a decent, candid, examine logical results. The prestidigitations of important banking, that have till lately been protected from scrutiny via a cloak of pro-banking cultural bias, are laid naked inside those pages.
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Extra info for The Silver Bomb: The End Of Paper Wealth Is Upon Us
The scene depicted is one of a society that has had just about enough, as it has found itself enslaved by debt to greedy money changers. Shylock petitions to be made whole with a piece literally cut off of the guarantor of the debt. He offers pleas to the court that it would adhere to the letter of the law in agreement with his strict interpretation and enforce the liable Antonio’s remittance of the bloody sum. His arguments are rejected by demonstration of a “loop-hole” in Shylock’s contract. The court finds against him, and exposure of Shylock’s un-ethical “cruelty” proves to be his end.
S. has used its residual clout to prevent any moves away from the practice of tying of the price of oil to the now purely fiat US Dollar. At the onset of World War II, the world’s currencies were already in a mess but the British pound reigned supreme. By the end of WW II, the world reserve currency baton had been handed off to the then dominant US Dollar. After Bretton Woods, the US Dollar took its turn at the top, but in 1944 the US Dollar was enshrined as the world’s reserve currency based upon the United States’ status as the world’s largest creditor, and that the Dollar was backed by reserves of gold.
After unsuccessful efforts by another finance minister to tighten up the laws concerning the charging of interest, Mary returned to following the currency policies that had been started by Edward’s council and employed the services of notable “economist” Thomas Gresham again. Gresham was actually an international merchant who was instrumental in the entrenchment of central banking in England. He is a clear example of generational influence held by merchant bankers over the affairs of a nation. Thomas Gresham’s father, Sir Richard Gresham, had been a financial agent for Henry VIII and had been knighted for his expertise in negotiating loans with foreign merchants.