i agree arjay
gold/silver coin is gone

but mate see that "bank"-note in your wallet
its a bit of printed plastic..with a FACE_VALUE*

im saying increase the face value of coin
bring back one/two cent pieces

at a face value of $1

thus one cent..BECOMES facevalue of $1
the current gold dollar = 100$
the $2 becomes 200 PAPER..[sorry PLASTIC dollars]

that recapitalised the coinage
bails out the poor..who now have true value restored
they pay their bills..and the banks collect the coin..that goes to the mint..for reminting..[by right of seignorage]..to the new face values

eg usa has 800 billion in issued currency
less that a tenth is in coin

so the 8 billion in coin
bails out the 800 billion
thats going to be hyper inflated again
when usa goes back to 'monetory easing'

we cant bailout the bankers again
so restore true value back to those with only coin jars
or pennies behind the couch cushens

the right of seignorage musty go back to the people[govt]
the fed can continue its fiat paper scam
and all debts get paid

coinage prosperity
in lue of austerity

govt only needs to say it
and it is law

ie they take back coins/mint/treaury
and the fed does what it does with babnk note/cyber credits

once the coins are gone
it cant save us

now they want our 5 cent pieces
that are in truth SUPPOSED to be worth
5 bucks..if they were..still in proper silver

that the queens head ASSURES..[signifies]..validates
as a proper lawfull tender..

[heck thats so basic
its written in the fed constitution..
that in fact UNDERWRITES GOVERNANCE..and the rules

by which we are governed
and the rule of law..that regulates commerces excess

*yet no one questions it.*

Ah Arjay, but we do question it, but at least try to understand
how if functions, a little better then you do.
We are also aware that any Central bank profits are paid to Govt
treasuries, they cannot be spent by those who you claim "own" the
Fed.It is the US president who appoints the head of the Fed, if
you remember.

The thing is, Central banks are given a mandate to use monetary policy
to keep the economy in as good a condition as possible.That is
exactly what they try to do.

Central banks don't appoint the Govt, they have to accept whatever
dummie the people elect, as was the case with Bush/Cheney. Now they
have to try and repair the damage which those clowns created, which
is no easy task.

Its not much different in Europe right now. It was not Central
banks which overspent and mortgaged countries to the roof, it was
elected politicians

Yabby it is the FED who control Congress by virtue of creating all the money its needs to function.Every time some one in Congress or the President tries to balance the power,The FED threatens them crashing markets or raising rates.The Govt mambers on the board are just token jesture.

*Yabby it is the FED who control Congress by virtue of creating all the money its needs to function*

Not so Arjay, as the present situation shows. It is obstinate
politicians, more concerned with their own reelection then anything
which are the problem.

First it was Cheney who claimed that deficits did not matter,
eveyone else but the US should worry about the Dollar. So they
borrowed to the roof to fight their wars etc. The democrats
at least tried to raise taxes for the rich, who pay very little
tax in the US. Tea party nuts refuse, despite federal tax
collections running at around 15% of GDP, a near historic low.

So we have a political standoff, with everyone focussing on the
next election, meantime the Fed has to try somehow to keep the
wheels on the economy.That is their mandate after all

Gerald Celente is right 98% of the time, I'd recommend following his Twitter feed to anyone who's interested in this issue.
He's predicting a gold bubble, $2000 then a crash.
What people have to understand is that "global finance" is physics based and as we saw with QE2 it can also be used as a weapon ,QE3 could be the formal beginning of the Big War.
They've been rolling to the start line of WW3 for about three years, watch, things are about to get REALLY crazy.

Jay I've heard of predictions that gold could go to $5000 and oz.So long as the Fed continues to counterfeit our currency then gold will continue to inflate.It will not collapse in a hurry.

The Bankers and Wall St are caught between the wrath of domestic populations and the ire of China and Russia who realise that it is Western Imperialism on the march again.This time it is corporate imperialism.

Tarpley,Jones and others are trying to predict the next bid false flag event.I cannot see how the USA can afford to wage a protracted war.If they continue to decimate their own economy,they cannot produce the weapons and infrastructure to wage war.They don't have the high moral ground and their troops have low morale.They treat their troops appallingly when they get home.This will quickly escallate into a nuke war because the West is weak,bankrupted and really has no moral high ground for any conflict.

Russia has a Naval Base in Syria and attacking it or Iran will see a major conflict ensue.We cannot expect the USA to be our protector for ever.In the chaos of war we would be an easy target for India or China who both have over population problems.

With all that radiation in the northern hemisphere from Fukushima,the best place to live will be in the southern hemisphere.