uh this is a question from agrip pass
notebook
3336 and uh there's two parts to this
question first do I see us using uh
coinage again uh with like a fractional
portion of silver in it uh you know a
percentage of silver in coinage or gold
so some precious metals in the coinage
uh second do I see us going back to some
sort of currency that's backed by gold
or silver in a vault um or partially
backed and you know the answer is I
really don't know on all of this I think
if the public learns enough about what's
going on there's a possibility that we
could actually return to gold or gold
and silver a bi metallic standard but
see gold standards suck it's gold that
is good a gold standard where somebody's
going to hold it in a vault and issue
these receipts that are claim checks on
that gold and tell you that it's fully
redeemable we've got all the gold we say
we do we're just going to print this
first of all it's a national currency it
gives them control over that currency
Crossing Borders and stuff when you if
you just use gold if we just used ounces
of silver and ounces of gold and and
fractional ounces tenth ounces grams of
gold whatever then it's the same
currency all over the planet uh no
currency no no country can steal our
wealth by printing more of it once they
do a gold standard they can control the
inflows and outflows of capital across
borders they can uh confiscate the
wealth of the middle class especially if
they get involved in a war they can just
light up the printing presses and
they'll tell you that this is redeemable
and then they'll stop Redemption rights
just like they did in in uh at the
outbreak of World War I and they light
up the printing presses and they dilute
your purchasing power basically stealing
your wealth and transferring that to the
government and the military and the bank
sector so uh you know it would be great
if we could go back on gold we wouldn't
have these bubbles we would have slower
but continuous growth our prosperity
would be far greater you wouldn't have
the banking sector and these World
central banks leeches these these
leeches sucking the blood out of the
economy so therefore our ultimate
Prosperity would be at a far higher
level than it is today had we not had
all of this uh but do I think we're
going to go back on that no they're
going to try some sort of scam like sdrs
or they're going to try some new
currency that's that gets you know if
you even if you have constraint on the
currency put by put on there by precious
metals where they can print some excess
currency like they did between the wars
they had the gold exchange standard and
then we had the Breton Woods standard
after
1944 and these put a little bit of
constraint but they were still able to
ramp up the currency Supply and create
debt-based currency also which is what
we have today in conjunction with gold
uh and what you see is with when you
have uh National currencies and gold
standards it gives governments the
ability to cheat gold and then cheat it
a little bit more and then cheat it a
little bit more until the whole thing
falls apart and it's their fault for
doing all of this cheating that the
whole thing fall falls apart and it ends
up causing uh great Strife to the masses
so uh so I really hope that we don't
have a gold standard I would love it if
we went back on just gold and silver and
you know there's no reason that you
can't uh take uh gold or silver and put
it into a vault and then uh uh take
every gram or every nanogram or whatever
it takes to have enough currency units
for the planet people say there's not
enough gold baloney there's plenty of
gold uh they could give every atom a
serial number and in that case 1 o would
be enough currency for the entire planet
and then you circulate those on credit
card and you just transfer ownership you
go to the store you buy something you
swipe your credit card transfer of
ownership of those serial numbers goes
from you to the store so it would be
that simple to go back on gold we can
use it in a digital Society uh
safeguards and and uh checks and
balances to make sure they have the gold
they say they do that's very important
why can't we audit the fed well you know
uh that's another uh story I'll get to
that one next time but the fed the
treasury
they probably don't have the gold they
say they do why can't we audit them
that's a a question I'll answer in a
separate video