Welcome to Wealthcommon Currency Central
In earlier America, the American dollar was derived from an established amount of
gold or silver based on the popular coin of colonial times -- the Spanish
milled dollar. Paper receipts for gold and silver
warehoused by private enterprises and private banks circulated in the
first part of the 1800s. Before the Civil War, both private mint
and government precious metal coins were in circulation together. The private mintage actually had a knack
for containing a little more silver and gold. These are examples where
the currency in America had physical limits on production and
thus a natural rarity, true value and stability from an
'organic' base.
However, there were times in American history where the currency
caused trouble and chaos. One was the Continental currency: a paper-only
money printed during the Revolutionary War. States printing their own money
contributed to the inflationary loss and economic hardship during and after those times. Then three
national central banks successively rose and fell suffering the fraud, scandal and inflationary
consequences of their paper monies. When the Civil War came
about, paper money was issued which resulted in inflationary economic
hardships that undoubtedly made reconstruction more difficult.
In other times, history has recorded the debasement arising from such paper
money systems like Argentina's relatively recent banking crisis, pre-Nazi Germany,
18th Century France, the Russian Federation's ruble and from long ago the
clad-metal debasement of Roman coinage which accompanied the empire's downfall.
Let us instead adhere to a system of exchange where the face value of the currency
is much better proportioned by precious metals instead of using today's intrinsic low value
notes riddled with national debt.
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Current Conversion Rate:
1 Silver Wealthcommon (2 oz.) >> Worth its retail weight in silver plus any collector's value. |
Know This...
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So it appears that even with an accompanying explanation about the collective bankruptcy brought about
by un-backed, debt-paper dollars -- circulating a particular bullion just will not catch on with the masses to prevent our dollar demise. This is not
too surprising with the government and banking system's money monopoly having advantage in centralized
mass production and convenience plus general ignorance and apathy of the populace.
Despite selling wealthcommon rounds at a higher face value to
prevent incentive of melting them down or due to that, we acquiesce to Gresham's Law.
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We note that cryptocurrencies have had some success though with periods of volatility. However,
cryptocurrencies unlike tangible precious metals rely on having electricity, internet access and the
infrastructures to transact. What if the lights go out or some authority can legally (or otherwise) impede or turn
off the switch?
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As no wealthcommons have been put into circulation, we are free to end this endeavor without obligations; however,
the relevant parts of this webpage can remain as an illustration of the concepts with any necessary updates. It may be
easier to attempt local alternative currencies to the Federal Reserve System as some have had
temporary success.
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Though the dollar's downfall has still not come as anticipated, it cannot go on forever based on such high
debt levels. Depending on economic trends, perhaps there is much more time to come
or there is possibility of a turn-around if reforms are enacted. It may be the case that it will not go out with a
bang but more of a whimper - just the constant slow devaluations over time until something replaces it. Hopefully
the occurrence will be in such a way as for us to have plenty of time to prepare and to address lowering our debt
levels. God speed good friends............
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Ask Yourself About the Dollar and what was proposed as the Wealthcommon:
(1) Do you prefer an unbacked currency issued by a manipulative, private bank monopoly masquerading as an official
government department whose notes accommodate the phony promises of
bankrupting politicians who:
- Gave us the paltry, failing Social Security system?
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- Waste and overspend government revenues?
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- Use trickery and deceit in their accounting and budget practices?
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- Flaunt corporate welfare and bailouts?
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- Created the punitive, convoluted income tax code, I.R.S.
and the welfare state?
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Would you prefer a currency dependent on precious metals?
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(2) Do you want to circulate a currency whose buying power falls
long term due to inflation and its debt base?
Do you want to circulate a more stable currency whose buying
power can rise -- especially in the bad times likely to come because of the
national debt, our debased fiat reserve notes and government mismanagement of our economy?
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(3) Do you trust the nation's currency loaned from
foreigners and banksters which has no direct commodity backing where the paper version's
intrinsic production value has been quoted at a mere 3 cents?
Do you trust a silver currency that is debt-free whose
silver content and production cost is more proportioned to the face value
which is set adequately higher to stabilize the currency above common fluctuations
in precious metal cost, prevent meltings and which acts to limit its issuance when silver corrects?
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(4) Should you depend on a currency that is a high credit
or debt instrument
favoring the banksters who issue it? This is not to mention the foreign and domestic sponsors who loan
it out while it heads for collapse.
Should you depend on a currency that can preserve its buying power
and is upward buoyant since silver is destined to soar higher at the dollar apocalypse?
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(5) Do you want an unconstitutional, illegal currency due to
its nil precious-metal backing whose issuance is controlled by a constitutionally unauthorized
bank association granted power by an abrogating Congress and the deposits of which are allocated within a fractional
reserve (musical chairs) banking scheme?
Do you want a legal, precious metal, private
currency that is not a mechanism of collusion between politicians and
banksters?
If you said yes to the latter arguments, then the proposed Wealthcommon
is your more favored currency.
.....Forget the Dollar
Imagine if your employer asked that instead of giving you paychecks, they could give
you a cash advance off a company credit card where you would pay the interest.
Every subsequent
cash advance you got in compensation as wages would
automatically deduct a minimum based on the interest of previous cash advances given as pay.
Would you agree to that deal? Of course not! Yet, when you accept the current
US dollar - you are accepting a note or bill that is basically a collective promise to pay off
the interest on a cash advance from the Federal Reserve 'credit card'.
Whenever the politicians
need to create easy money to prime the economic pump which helps them spend on otherwise unaffordable pork and spending programs, they too
implement the Federal Reserve's cash advance system.
Even with overall economic growth,
the more money created to sustain economic circulation is also distributed as a cash
advance to the masses!
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Endgame for the U.S. Dollar:
A silver or gold currency's intrinsic value is tangible, foundational and inseparable.
If the powers at-large want to take advantage of you, then they will
implement an unbacked paper and digital currency whose value is based more upon declaration (fiat).
Such a currency circulates today that is linked to a national
account where they can make secret deals in smoke-filled rooms, spend thrift
into debt while appearing to keep financial stability by paying you
with more of their unbacked paper and digital ' I.O.U.' money. This is the currency we have
today -- Federal Reserve Notes.
The Federal Reserve is akin to a national credit card where every dollar
is distributed with interest due, paid back to holders of Treasury Bonds (or securities).
Politicians can make vast promises and they gain much power
by implementing the unbacked paper and digital money. If the economy falters, there
is the temptation to simply print/upload more easy money to keep things rolling.
Consequently, as time passes the ratio of actual labor and production to the amount of
money in circulation drops. The aggregate interest and debt owed to the backers of the
easy money increases and the long-term value of the currency lowers which reflects this collective
monetary policy of the nation.
Luckily in the U.S. this monetary cycle has been greatly stretched out,
but nonetheless the eventual end is the same for even a wealthy, superpower
nation with a good work ethic. America has been vastly drained of vitality
from such an unbacked paper and digital money system. And that's not only in economic terms but social terms
as well. Unbacked money concentrates easier wealth in the
hands of some elites and worsens conditions for the poverty level. The more easily accommodating money supply
amplifies the absurd luxuries of elites and their wannabes while cheapening
the culture as a whole. Look around at some of the notorious examples of today's
lifestyles of affluent depravity and chrome-plated degenerates.
It is obvious why the checks and balances of a precious metal money
system drove the writers of the Constitution to demand such a money for
the use of the nation.
Lawful Currency Attributes.
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Visit the links below to learn more about precious metals, alternative currencies,
strategic financing and other issues concerning your money.
Remember that as a personal investment commodity, precious metals can
include risk as there will be times of volatility, downturns and corrections even
in a bull market which will also provide you with great opportunity to the upside.
So do the research, mind the trend and weigh risk and incorporate any disclaimers
concerning anyone's predictions & opinions. You are responsible in the end for your investment
actions. The larger the sum to invest and more intricate the matter, you may want to consider
if you should consult some type of trustworthy personal investment advisor who is in business as such with some accredited title and who
has good knowledge and track record for the markets you get into.
ADVISORY: GOLDMONEY GOT BOUGHT OUT AND HAS ATTAINED A REVIEW
RECORD OF REFUSING TO RETURN DEPOSITORS' FUNDS WHILE MAKING ALL KINDS OF EXCUSES AND RUNAROUNDS FOR NOT RETURNING PEOPLE'S MONEY. REGARD AS
A SCAM. DO NOT DEPOSIT FUNDS THERE.
Kitco monitors precious metal markets
everyday plus they have loads of information with articles, graphs and links for precious metal
investors. They also sell gold/silver coins & bullion.
Swiss America: Buy & sell precious metals with news & commentary. - 'To educate and prepare our clients on how precious metals - in physical form - offer asset protection,
security, profit potential, privacy of ownership and peace of mind as well as offset the liabilities of owning other assets.'
BullionVault - 'BullionVault is the world's largest online investment gold service taking care of $2 billion for more than 70,000 users. It is part-owned by both GBIT and Augmentum Capital.'
SD Bullion is what the doctors ordered. They also sell colloidal silver, survival food and as
predicted what will become a form of currency in tough times as well -- ammo. They claim to be the lowest-cost online retailer.
JM Bullion is a precious metal dealer who offers a guarantee of selling at the overall lowest price relative to spot when the same
level of shipping and insurance applies for the matching particular goods of their competitor's. This does not apply to any competitor's forward selling.
Provident Metals has a good general selection of bullion and coin in a warehouse-type setting.
APMEX has a vast selection for various coins and bullion. Some
are foreign or historic. Look for showcase specials. You may also find novelties and accessories like
banknote sets or plastic bullion cases.
Goldline is a buyer and seller of precious metals with some special
products and offers.
Schiff Gold (formerly Euro Pacific Precious Metals) is the precious metal seller associated with commentator Peter Schiff.
They sell only non-numismatics and do not transact online but instead rely on phone
orders and seek to sell their inventory at low prices.
Goldmasters is an online
seller for gold, silver, palladium and platinum coins and bullion. Notice their shipping charges
and their quotes and premiums over spot price.
Sunshine Mint makes bullion products and
custom mint designs. Minimum order requirements may apply. Check with them
to find out.
Wholesale Coins Direct not only sells precious coins and bullion, but they
also sell diamonds and offer insurance and storage through their partners.
Scottsdale Silver has some interesting
bars and mintage of their own unique design that you may want to check out.
The Equity Trade Note issued by Dan El
Private Estates is a novel way to circulate gold. Since gold is the most malleable metal, it is possible to laminate an
"embossed" foil between paper and polymer and then circulate that as true money. Brilliant!
Valaurum too produces a thin foil certificate made of gold called the Aurum\AE. It is sold
by Sprott in North America. At time of initial post, it is the smallest physical weight of gold for sale on the world market.
Commodity Discs are silver bullion that have a smart phone code on the back which adds five dollars to the spot price of silver in order to
establish a transaction value.
Shire Silver is a commodity currency which uses strips or wires of silver or gold embedded into a plastic card
which denotes the weight.
Liberty Dollar silver and gold rounds began circulation by an organization formerly known as NORFED (Nat'l Organization for the Repeal of the Federal Reserve).
Northwest Territorial Mint sold
gold and silver coins plus bullion. They did custom minting as well. Very sad they went
out of business but their dies were purchased by Medalcraft Mint.
Bitcoin is a grassroots, decentralized cryptocurrency. Its supply is controlled by digital
"mining" and its value maintained by inherent scarcity, usefulness and real-world supply and demand.
American Bullion specializes in transferring typical
IRAs into the gold and silver variety.
Goldseek is an
investor-oriented site that relays all kinds of information about the gold market. For
silver there is Silverseek.
Bullion Exchanges
and 321Gold
offer similar links, information and charts like Goldseek and Kitco plus some of their
own unique contributions and different sources to visit.
Antarctica Dollars are a collector issue on polymer
paper. They are exchangeable for U.S. dollars and have been sent to Antarctica.
MoneyArt is an artist's site depicting the look of
imaginary but convincing currencies - some with a social commentary.
Barter News illustrates the advantages of using barter perhaps in the form of business scrip or "company
money".
List of Community Currencies in the U.S. has a good number
of entries but many are inactive.
Economic Collapse Blog: 'Are You Prepared For The Coming Economic Collapse And The Next Great Depression?'
Dollar Collapse is a site managed by a co-author of a
book on the same topic.
Shadow Government Statistics illustrates that what the government tells
us about the economic indicators and any justifications for our monetary policy are pure bunk. See
what our true unemployment, inflation and other figures are as opposed to the quotes based on the "inventive"
government formulas.
Coinflation demonstrates how low the value
of our clad coins is to the face value minted on them. Historic dimes, nickels and quarters are
quoted according to the value of precious and commodity metals they once held. The comparison shows
how our money has been debased and the loss of purchasing power of today's dollars.
Bank Implode monitors the banks to see which ones are in threat of collapse. Is your
bank really safe enough to keep your money there?
Austrian economics should be studied and pursued. Learn about its attributes and principles and how it came into being. Comparisons are made to other schools of economic
thought. Note the section on inflation and its causes and effects.
Cryptostashed is a site about various cryptocurrencies.
Mexican Civic Association For Silver makes the case
for the Mexican banks to circulate silver in the national interest. Silver is a Mexican resource and has had
a significant role in its history.
GATA which stands for Gold Anti-Trust Action Committee was formed to expose and take court action against large institutions
who they suspect flood markets with gold in order to illegally suppress the price.
FairTax advocates an end to the abusive and
burdensome income tax and to the I.R.S.
After checkout, the cost of new retail items is
nearly the same as when they rung up during the income tax era; however, one's paycheck no longer deducts federal withholding.
The Street & Investors Business Daily are all-around market and economic info sites for investors and business interests.
Wealthcommon Currency Central
last revised July 2024
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