Transactional Gold and Silver for Texas, Sovereignty and Freedom
Welcome to perhaps the most consequential grassroots-driven public policy initiative in U.S. history. On June 1st, the Texas state legislature became the fifth in the nation to exercise a little-noted constitutional authority to make gold and silver coin legal tender and “functional money.”
The instigator of the Transactional Gold and Silver movement is my friend, Kevin Freeman, the author of the best-seller that launched it, Pirate Money: Discovering the Founders’ Plan for Economic Justice and Defeating the Great Reset.
Will Governor Greg Abbott now enable Texans and others to have an alternative to paper dollars that are worth ever-less and the totalitarianism-enabling Central Bank Digital Currency the Federal Reserve wants to foist upon us?
Or will he surrender to banking lobbyists indifferent to this mighty blow for freedom and, interestingly, even the opportunity for their industry to benefit from it, too?
This is Frank Gaffney.
Business in this space has a dismal record: Bold IRA vendors charging 200-300% for Gold, Bunker Hunt Silver Bonds in the 1970s, USD Stable Crypto Coin going Bust. Easy to see Gold and Silver as a store of value, but not a widely accepted transactional currency, except as Gold and Silver Credit and Debit cards, where the big banks will compete.
Even more important is the release from the most egregious Ponzi scheme ever, and one endorsed by an otherwise "law and order" administration: Cryptocurrency. The only way to get your money out of cryptocurrency is for more dupes to pay into it (many of them trying to hide drug money and other illegal dealings). This is the definition of a Ponzi scheme. This is supposedly illegal. So, either let Madoff out of jail or stop the current scam in its tracks. What difference is it if a private citizen steals money or a government steals money from its own citizens? The government can claim "legality". So, gold is good to hedge against crypto much more than fiat paper money, though both threaten liberty in America.