GOLD WARS: TRUE HISTORY OF GOLD AND THE GLOBAL FINANCIAL SYSTEM, Vol. 11: There is only one solution to the U.S. making HR 5404 reality and gold backing a new U.S. currency

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Gerrit Visser wastes no time in getting to the heart of the issue in his response to my HR 5404 article where I asked what happened to our gold and where was the U.S. going to get enough of it to back a new U.S. dollar?  “Let me now attend to the question of HR 5404,” the precious metals analyst and adviser says.  “I very much doubt that HR 5404 will ever be approved or adopted by the U.S. Congress or the Senate on many grounds.”

HR 5404 is a bill before Congress that if adopted into law would bring America back to the Gold Standard.  Visser cites several reasons why he believes HR 5404 will not be approved in the U.S.:

Keep on reading!

GOLD WARS: TRUE HISTORY OF GOLD AND THE GLOBAL FINANCIAL SYSTEM, Vol. 10: Does the U.S. government have enough pure gold to pay off debt that is payable in 999.9% gold only?

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Gerrit Visser questions the purity of any gold the United States claims in reserves.  If we take into consideration everything he has talked about in his two previous blogs, including the figures he has cited, we have to assume that all the gold the U.S. legally owns is of 999.9 purity.  This is because gold is priced in U.S. Dollars per troy ounce of 999.9 pure gold in compliance with the London Gold Standard.

But the purity of U.S. gold, if it does have any, has to be questioned, the precious metals analyst and adviser says.  No one’s ever been allowed to test its purity. Keep on reading!