Michael Noonan – Last week, in “Fiat ‘Dollar’ Says Gold And Silver Will Struggle,” we said the following [See 4th paragraph]:

Money does not exist in this country.  In fact, money does not exist anywhere in the world. What is money?  So few people know, and many who profess to know do not. Money is a commodity with a recognized value.  Gold and silver remain the last known standard of real money.  Remember J P Morgan’s famous words:  “Gold is money.  Everything else is credit.”

The globalists, through their creation of the Federal Reserve, have sold the biggest lie ever to the world and continue to get away with it.  People everywhere believe the fiat-created Federal Reserve Note, falsely called the “dollar,” is actually a monetary dollar.  We have often stated how Federal Reserve Notes are evidences of debt issued by the Fed.  We also always add that debt is not and can never be money, yet almost every American wrongly believes debt is money because they believe the Fed “dollar” is money.

Only gold and silver are money!

Gold and silver each are a commodity.  They have universal recognition and acceptance.  Their value is determined by the market by what people choose to accept as payment for goods and services offered.  By contrast, the Fed “dollar” is not money.  It is a currency.  A currency represents the actual money.  In today’s world, there is no currency that represents actual money.  Fiat is imaginary.  It does not exist except in one’s mind.  Yet, around the world, everyone’s imagination believes their local currency is money.

Only gold and silver are money!

If you go to a restaurant and use valet parking, you receive a stub to reclaim your car by the valet at the end of dinner.  The ticket stub is not the car, it represents the car to be “redeemed” upon presentation.  There is no currency in the world that represents money, and no currency can be redeemed for money.  Always remember, Only gold and silver are money! 

This is a very simple truth, yet few accept it as truth.  Almost everyone is too willing to believe that imaginary currencies are real money.  For as long as most of the world is willing to accept this false premise, the globalists will always rule the masses much like sheep being led to financial slaughter.

How do most people measure the value of gold and silver?  By their imaginary currency.  Always remember, every currency is imaginary because it is backed by nothing.  Any currency’s “value” is dictated determined by the source, the central bank issuing the imaginary money currency.  When you understand the basic difference between money and currency, you will fully understand the globalist’s massive “money” Ponzi scheme which is aided and abetted by every government guilty of perpetrating the fraud, and make no mistake, the fraud is on you.

The only way to measure of the value of gold and silver is by the daily fluctuating number of fiats [of any country’s issuance] required to buy either metal.  The value of gold and silver do not go up and down.  It is the number of fiats that increases or decreases that determines how gold and silver are “priced” on any given day.

If people do not understand the basics, they will continue to believe that debt is money.  The two are not and can never be interchangeable.  In a Venn diagram, money and debt can never intersect for they have nothing in common.  By contrast, because currencies are actual debt, not only do they intersect, [as we show in this simple diagram], they are concurrent overlaying circles, one and the same.

If a currency is a promise to pay, what is the promise you receive?  None, zip, nada.  All you can get is more of the same in different denominations. Currencies are more akin to the car game, Old Maid, where one wants to avoid being the last holder of the queen card designated as the Old Maid.  Continue reading . . .

Michael Noonan is a Contributing Writer for Shift Frequency

SF Source Edge Trader Plus  Sept. 2016

[widget id=”text 44″]