This is just another tax that the government just-cuz. The government thinks it can tax everything. It will if we let it… Since we got off the gold standard in 1970, the dollar has lost 70 percent in value and gold has gain 300 percent just since 2000! What would you invest in?

Look AT THIS!!! Since we import more than we export the only thing we can give other countries is dollars. So what? If we can’t buy clothes and electronics from China, what will we do? We have to trade something, buy at a steeper price or make it ourselves. What do you want to do?

I like this comment because it is so true. If more people buy gold, silver and other precious metal it would force the FED and Congress to cut spending and/or raise taxes (which raising taxes is sometimes needed). If China, Japan, and the Saudis are leaving the USD, why can’t the American people?

the ability of consumers to adopt the alternative currencies can help to keep the government and the FED honest, as the threat that further inflation will cause more and more people to opt out of using the dollar may restrain the government from debasing the currency.

I’m not sure what Paul is trying to do here. The United States currently has a monopoly on currency. Why would you want a free market of currency and precious metals? What does America stand to gain by unilaterally removing this tax? As the Euro is tanking, why should America risk its current and very strategic position here?

This doesn’t move us off of fiat-currency — losing mind-share to other currencies will correlate to losing trust, the largest factor holding up the green back.

What the controllers want is clear… more state power, the IMF calls for a world currency. More Central control, more state currency. What we need is a range of free market currencies all backed by metals like gold and silver. The competition would reduce volatility and keep prices in check for consumers. Currencies could even partner with retailers to further push down prices. With electronic banking collecting a number of different currencies would be easy and shrewd shoppers could save a bundle. Doing this would restore trust and balance in the market, limit the imperial aspirations of governments, and eliminate inflation. Of course no one would force you to use these monies, and the Federal Reserve notes would still be in circulation. But without a gold backing the fed note would go the way of the dodo, never to be seen again. Visit allyreport.blogspot.com