This is an historic event. Could we be on the cusp of substituting bronze tokens or aluminum wafers for our fractional dollar exchange medium? The printing of paper fractional notes as substitutes for base metal coinage would not be new - - and you don't have to go back to the "Continental" to find the evidence.
With this development you can now anticipate a shortage of coin in commerce. Hoarding in accordance with Gresham's Law will now take over, just as it's already accomplished with our gold and silver coinage.
Uncirculated coin rolls in all denominations should appreciate considerably as cultural awareness works its way through our citizenry - - and that of foreigners as well!
William M. Meredith, Secretary of the Treasury, 1849-1850.
February 26, 1874 to February 15, 1876
Another question jumps out at us: How will the amero be matriculated into our daily commerce?
Mexican Peso Gaining Against US$ & C$ Gives Rise to Amero Scheme
We've all been hearing about the dxdecline of the US dollar. But, what of the Canadian dollar's decline pretty much in tandem with the US$'s drop? We've heard that because of newly implemented new onerous tax levies on energy trusts, the Canadian economy has been jolted. Most of my Canadian junior miners have felt the heat also. But, the C$ had been decidedly since August! Another argument heard is that as the US's largest trading partner, Canada would be in for an unpleasant experience should the US go into a severe recession. Maybe so, but why then has the Mexican peso been picking up steam against both currencies since this past summer?
You know what I think? I think the three amigos (more like the "tres criminales") are engineering a currency parity scheme to more closely align the peso with the US$ & C$ in preparation for the amero which has an implementation schedule of 2008. This being so, then US investors in Canadian mining and energy stocks will not be able to capture the additional reward of an appreciating currency.
We believe the Bush economic hit team headed by fiat muscle men Paulson & Bernanke along with pretty much the entire crime family are in China to lay out the North American Union and amero currency scheme to their Communist allies. The Chinese are being assured by this private banking cabal not to worry, but their $750B in US$ reserves will be seamlessly converted to ameros without loss. We bet a multi-tiered currency conversion scale has been drafted to protect not only the Red Chinese, but also select multi-national corporations and other exempted elitist allies. The losses resulting from the coming devaluation will be borne by the citizens of North America, and other dollar holders outside the sphere of crime family allegiance.
This article is brought to you by the Charleston Voice E-mail List. To subscribe FREE to the distribution list, send an e-mail to: Barnacle@chasvoice.biz with 'SUBSCRIBE' in the subject line.
The content on this site is protected
by U.S. and international copyright laws and is the property of GoldSeek.com
and/or the providers of the content under license. By "content" we mean any
information, mode of expression, or other materials and services found on GoldSeek.com.
This includes editorials, news, our writings, graphics, and any and all other
features found on the site. Please contact
us for any further information.
Disclaimer
The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy
or completeness of the information (including news, editorials, prices, statistics,
analyses and the like) provided through its service. Any copying, reproduction
and/or redistribution of any of the documents, data, content or materials contained
on or within this website, without the express written consent of GoldSeek.com,
is strictly prohibited. In no event shall GoldSeek.com or its affiliates be
liable to any person for any decision made or action taken in reliance upon
the information provided herein.
OilSeek.com