Michael Noonan – Gold and silver ARE money. Neither is a “currency,” although money is often cited as interchangeable with currency. Take the Federal Reserve Note, [please!], as an example. A Federal Reserve Note [FRN], is more commonly known as a “dollar.” Even though the word “dollar” appears on every FRN, each and every FRN is a debt instrument issued by the Federal Reserve and not a true dollar. The Federal Reserve is a privately held corporation, owned mostly by certain european bankers, and may include the Rockefellers, from the US.
When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” – Napoleon Bonaparte, Emperor of France, 1815
Napoleon knew of what he spoke. You would think, over 200 years later, people would be all the wiser. Alas, the opposite is true. When it comes to money, people know next to nothing. A Federal Reserve Note is not federal. There are no reserves, and a FRN is not a note. There is no promise to pay anything to anyone at any time, all requirements of a note.
Then, why are FRNs called “dollars?”
Last week, we called the Rothschild and his moneychangers takeover of the US the greatest Ponzi scheme of all time. [See A Clarion Alarm Call For All Paper Assets, opening paragraph]. We went on to explain the bankruptcy of the US and how gold and silver are money. FRNs were an integral part of the globalist’s Ponzi scheme. Originally, FRNs were backed by gold and silver as they circulated alongside US-issued Treasury Notes, all backed by gold and silver.