Home Page
Big Love ( featuring Al Inconnu ) by Eonitao State
I had the idea of rolling over Commodities Exchange (COMEX) gold (pretty printed pieces of paper) into a pool of such certificates and issuing a new paper currency (pretty printed pieces of paper) from the value of that gold. The COMEX (and London buillion exchange) has recently been caught in a massive short sell and it is predicted that it is soon to be squeezed..they issued 100 times more paper reciepts for gold than they actually had in physical gold. It is predicted that these contracts will be sold at one dollar very soon and that the physical delivery of gold will be $4,999.
We should consider issuing community currency based on these gold contracts. They would start out "good as gold" and would probably survive a crash in the value of the dollar. This is important because we need to think about carrying on our economic business in the event of a global devaluation of national currencies.
The idea was to kill 2 birds with one stone: start a community currency --- and begin a reactionary political movement based on ((COMEX)physically worthless?)) gold certificates.
An honest statesman on a National level will admit that there is not enough gold to sustain a world economy based on a gold backed currency. There will need to be a conversion of this money to a labor based currency......but this money is reactionary. Its' aim is to return its' value ((COMEX) gold contracts) to its' rightful owners. I call it the Reactivmark:
By the way. This could get you killed. I have talked to a few lawyers here locally and they have advised me to leave it alone. There are labyrinths within labyrinths of regulations that prevent small people from doing such things. The big people do this sort of thing every single day and no legal claims are ever enforced .Google: COMEX gold scandal
The money is reactionary because it seeks to redeem the physical gold that is missing from the COMEX contracts. It could be seen as a 'political money' in the sense of deciding who gets what, who didn't get what but will be getting what in the future (which is the essence of politics). In the sense of returning the value of that gold in the physical (which in its' self has a sociopolitical currency) which will probably go UP rather than down. The public doesn't trust the government ( if you can believe the polls ) so if I charter a bank or a "Trust" with the government I run the risk of being tainted with that fame. It is reasonable to asssume that people are less likely to trust the Trust if the "government" charters the Trust so I will probably leave them completely out of it. If the government wants people to fill out papers for them they should first start prosecuting the gold thieves, right? Start with the man with the gold sacks--- the gold sacks man--- Goldman Sachs!
The idea was to issue fractions of the ounces on the COMEX gold certificates. Each 10 Reactivmark bill has the value of 1/100th of an ounce. Since gold is expected to remain over $1000 per ounce the 10 Reactivmark will never be less valuable than the $10 dollar bill.
At todays gold prices, about $12.
They say you can't throw good money after bad. The exact opposite is true.
You not only CAN throw good money after bad, but you MUST throw good money after bad; it is survival related at those times when the money goes bad (hyperinflates) and that good money is invented and throne into the economic system so that people have a means of exchange (moneys' only purpose) and can carry on commerce. No one can own this money; it belongs to the public as long as it serves the purposes of the public.
~Emperor 1009
:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::