Return of Real Money,
REAL MONEY again in the UNITED STATES OF AMERICA, is driven by state governments seeking protection from the 100 years of socialistic monetary excesses of the Federal Government. Indiana, New Hampshire, and Colorado are leading the way. Hence, The Federal-State Bi-Currency System. (As predicted in 2005).
The Federal Government is moving to a complete Fiat Money Regime.
1, 5, 10, 20, 50, 100 fiat paper FRNs of zero intrinic worth.
1ct 5ct 10ct 25ct 50ct 1$ steel/cladded/fake coinage.
The US Government uses the FIAT System, (paper, steel and clads).
Steel coinage has already been authorized.
Steel coinage has been used before in the USA.
Cladded coinage is currently being used in the USA.
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FIST PREFERRED OPTION, the best situation.
State use of Federal Minting Operations where possible.
Feed Blanks to Federal Government to Mint old US coinage again.
STATES USE OLD HERITAGE US COINAGE AS MINTED BY THE US MINT
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Gold:Silver ratio of 16:1 is consistent with silver as money.
WEALTH RETENION at the state banks.
20$ Double Eagle (Use the US Mint) using Gold Blanks.
(A private person can exchange one 20$ gold coin for 20 1$ silver coins, but can not exchange the other way around, as GOLD is for wealth retention, and silver is for street currency, two metals for two completely different purposes, and, until such time that real money is reenacted at the federal level per UN treaties to abolish fiat money, the one way official state exchange remains in place, as private person can always exchange at any rate they choose at private coin shops. This also applies to eagles, 16:1 one way only, 16 silver eagles for 1 gold eagle, but not the other way around.)
STREET CURRENCY at the state banks.
1$ Walking Liberty (Use the US Mint) Silver Blanks
50ct Franklin-Liberty Bell (Use the US Mint) Silver Blanks
25ct Washington (Use the US Mint) Silver Blanks
10ct Winged Liberty aka Mercury (Use the US Mint) Silver Blanks
5ct Indian-Buffalo (Use the US Mint) Nickel Blanks
1ct Wheat-Lincoln (Use the US Mint) Copper Blanks
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The States use a real money system.
The Federals use a fiat money system.
The State and Federals us a BI-CURRENCY interim money system.
The State real money system at an exchange rate to Federal Fiat.
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Authorize the use of existing old American Heritage Coinage.
The Dime: The composition and diameter of the dime have changed throughout its mintage. Initially the dime was 0.75 inch (19 millimeters) wide, but it was changed to its present size of 0.705 inch (17.91 millimeters) in 1828. The composition (initially 89.24 percent silver and 10.76 percent copper) remained constant until 1837, when it was altered to 90 percent silver and 10 percent copper. Dimes with this composition were minted until 1966, although those minted in 1965 and 1966 bear the date 1964. Beginning in 1965, dimes also began to be minted with a clad composition of cupronickel this composition is still in use today.
The Mercury dime (Winged Liberty) is considered to be one of the most visually appealing of all U.S. coins, and is highly sought after by collectors. 90% silver, 10% copper. Do not honor Rosevelt, he was the one who CONFISCATED the people's gold. Honor LIBERTY with the Mercury Dime. Mercury Dime 1916 to 1945 finess 0.9000
2.500grams, 0.08038weight, 0.07234silver.
Real money in the hands of the folks is LIBERTY from government socialistic tyranny as enforced by the IRS and criminal sanctions.
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When the Federal Government abandons FIAT money, and it will happen eventually, the states' money, accepted across all states, is readily adopted by the Federal Government and is consistent with our heritage of money.
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During Start up do not DUPLICATE Minting EFFORT were possible.
Do not produce a state 1oz coin, but rather feed blanks to the US mint for minting 1oz gold/silver eagle coinage.
If the federal government will not produce 50ct 25ct 10ct 5ct and 1ct REAL MONEY heritage coinage struck on blanks provided by the states, then, and ONLY then, do the states go into the coinage business, and do so most minimally as possible.
10ct 0.1oz silver and 1ct 0.01oz silver cladded blanks are needed.
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Minimal Custom State Minting Operations
Bi-Currency State Minting for Local State Economies
Use Federal 1oz Gold/Silver Eagles (1/2 1/4 1/10oz also)
0.1oz State Dime State Mint (0.1oz Silver)
0.01oz Wheat Penny State Mint (0.01oz Silver cladded)
People CAN NOT swap 16oz Silver for 1oz gold at STATE BANKS.
Silver is used as the STREET currency.
Gold is used in bank vault hoards for private wealth retention.
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If the Federal Government will not Mint old heritage coinage,
then the states must strike out on their own. (pun intended)
The state should do so MINIMALLY, as eventually the UN will treaty the abolishment of all FIAT money for international exchanges, and require gold/silver and then the Federal government will also move toward a gold/silver monetary regime, hence, STATE efforts will eventually become moot and should be MINIMAL new minting.
Exchange Rated Bi-Currency, Set Fiat exchange rate
1oz Gold Eagle $50 (Use the US Mint) Gold Blanks
1oz Eagle (Use the US Mint) Silver Blanks
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Monetary Gold Silver Ratio
20$ double eagle gold coin .9675 gold oz.
1$ Liberty eagle silver .77343 silver oz.
Gold Silver Ratio (20 x .77343)= (Au:Ag x .9675)
15.4686 oz of Silver coinage = Au:Ag 0.9675 oz of Gold
Au:Ag is 15.988217 or 16:1 Gold:Silver Monetary Ratio
50$ US Gold Eagle "can be" exchanged at any STATE BANK,
for 16 1$ 1oz Silver Eagles. Will not happen immediately,
but will in time as silver returns to being real money, used on the street for every day usage, as monetary silver relative to gold is very low, and hence, as gold/silver return as currency, silver will move up in value, as a bi-industrial/monetary metal, and will easily reach 16:1 ratio to gold in value and face value in time.
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The individual states must provide:
1) Wealth retention in GOLD and 2) Street currency in SILVER.
As any state system would be replaced in time, so
there should be a MINIMAL STATE REQUIRED MINTAGE:
1oz 1$ Silver Standard Consistent with US Silver Eagles
GOLD WEALTH RETENTION
B) 1oz $50 Gold Coin exchanged for 16 1oz 1$ silver eagles
Use the 1oz Gold Eagle US Minted as the gold standard.
Gold is used as Wealth Retention at the official 16:1 exchange rate. Until market prices reach 16:1, private parties can exchange their gold/silver coinage and bars at any private Au:Ag ratio they want at the local coin shop.
The STATES must not interfere with that street exchange, as the STATE bank should only provide wealth retention in gold, and street currency in silver. Don’t force commerce to have to deal with mixing and matching gold/silver, until the Federal government and the UN take over using the historical fixed ratio of 16:1.
SILVER STREET CURRENCY
D) 1oz Silver Coin 1$ (1$ silver eagles US Minted)
Use the 1$ 1oz Silver Eagle US Minted as the silver standard
E) 0.1oz Silver Dime 10ct State Mint
F) 0.01oz Silver Penny 1ct State Mint
Hence, the states need to minimally mint:
C) 0.1oz dime and (State Mint) using blanks.
D) 0.01oz penny. (State Mint) using blanks.
Blank use is imperative so that other states can readily adopt machinery and production process, use the same minting scheme, and hence readily join other states in the use of real money.
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I believe in GOD, COUNTRY, and the global ASSENT OF MAN, and analyze money in term of geo-politics, good and evil, the on-going international global confluence, human cultural evolution, and the peaceful co-existence of all peoples on earth, as one, in my version of THE NEW WORLD ORDER, as perfected by the global return of real money.
Most Respectfully,
Derrick Michael Reid