Money Printing Factory VS Silver Minting Factory

Below is a video on how money is printed.

The next video shows how silver coins are made.
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If You Work to Earn Money You Need To Watch This

An interesting video on money creation I found in youtube. The first part of the video explains how the money system works. The second part of the video highlights the First National Bank of Montgomery vs Jerome Daly case which is also known as the 1968’s Credit River Case.

“Six months later Justice Mahoney was found dead (allegedly by poison) and Mr. Daly was disbarred and never practiced law again.” – pjkartist.hubpages.com

References:

• http://en.wikipedia.org/wiki/First_National_Bank_of_Montgomery_vs_Jerome_Daly
• http://www.constitutionalconcepts.org/creditriver.htm
• http://www.citizensforgovernmentaccountability.org/?p=668
• http://transitioninaction.com/forum/topics/the-case-of-jerome-daly-v

The New $100 Dollar

While Bank Negara has updated our coins to stainless steel, the United State is busy printing their new $100 dollars.

The United State’s new $2.4 trillion dollars will look like this:

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Hot Monday: What’s next for Silver & Gold after the US debt clock?

It’s going to be a hot sizzling Monday today. Washington now has one more day to solve the puzzle before the debt burst. Unless they come out with a fire-fighting plan, US will start defaulting on their record-breaking $14.46 trillion debt by tomorrow.

How would this impact the precious metals?

In short, the more money the Fed prints OR the weaker the dollar is the better it is for the PM market. That would happen if US raises their debt ceiling or decided to start defaulting its current debt. That’s the bull camp.

If Washington are able to stop ballooning their $14.46 trillion ceiling, not default its current debt AND turn their Federal P&L from red to black – that spells the bear for PM. Been spending my entire weekend catching up the debt news and to have THAT, is almost unlikely.

Following are some materials that would go along well with your morning coffee.

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Mahathir Refers US Dollars as Toilet Paper

Tun Dr. Mahathir on his Chedet.cc – Blogging to unblock wrote an entry entitled “The Ringgit and the Dollar” on current US dollar crisis.

^ Tun Dr. Mahathir Mohamad, Prime Minister of Malaysia 1981 – 2003.

“13. To remain ahead in wealth the Americans and Europeans invented a new market – the money market. They invented ways of making money from money. These they call products although they cannot be eaten or used.”

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