Best of the Week
Most Popular
1.US Paving the Way for Massive First Strike on North Korea Nuclear and Missile Infrastructure - Nadeem_Walayat
2.Trump Reset: US War With China, North Korea Nuclear Flashpoint - Video - Nadeem_Walayat
3.Silver Junior Mining Stocks 2017 Q2 Fundamentals - Zeal_LLC
4.Soaring Inflation Plunges UK Economy Into Stagflation, Triggers Government Pay Cap Panic! - Nadeem_Walayat
5.The Bitcoin Blueprint To Your Financial Freedom - Sean Keyes
6.North Korea 'Begging for War', 'Enough is Enough', is a US Nuclear Strike Imminent? - Nadeem_Walayat
7.Bitcoin Hits All-Time High and Smashes Through $5,000 As Gold Shows Continued Strength - Jeff_Berwick
8.2017 is NOT "Just Another Year" for the Stock Market: Here's Why - EWI
9.Gold : The Anatomy of the Bottoming Process - Rambus_Chartology
10.Bitcoin Falls 20% as Mobius and Chinese Regulators Warn - GoldCore
Last 7 days
The Greatest Investing Lesson Learned from the 1987 Stock Market Crash - 20th Oct 17
Stock Market Time to Go All-in. Short, That Is - 19th Oct 17
How Gold Bullion Protects From Conflict And War - 19th Oct 17
Stock Market Super Cycle Wave C May Have Started - 19th Oct 17
Negative Expectations, Will the Stock Market Correct? - 19th Oct 17
Knowing the Factors Affect your Car Insurance Premium - 19th Oct 17
Getting Your Feet Wet In Crypto Currencies - 19th Oct 17
10 Years Ago Today a Stocks Bear Market Started - 19th Oct 17
1987 Stock Market Crash 30th Anniversary Greatest Investing Lesson Learned - 19th Oct 17
Virgin Media Broadband Down, Catastrophic UK Wide Failure! - 19th Oct 17
The Passive Investing Bubble May Trigger A Massive Exodus from Stocks - 18th Oct 17
Gold Is In A Dangerous Spot - 18th Oct 17
History Says Global Debt Levels Will Lead to Another Crisis - 18th Oct 17
Deflation Basics Series: The Quantity Theory of Money - 18th Oct 17
Attractive European Countries for Foreign Investors - 18th Oct 17
Financial Transcription Services – What investors should know about them - 18th Oct 17
Brexit UK Vulnerable As Gold Bar Exports Distort UK Trade Figures - 18th Oct 17
Surge in UK Race Hate Crimes, Micro-Racism, Sheffield, Millhouses Park, Black on Asian - 18th Oct 17
Comfortably Numb: Surviving the Assault on Silver - 17th Oct 17
Are Amey Street Tree Felling's Devaluing Sheffield House Prices? - 17th Oct 17
12 Real-Life Techniques That Will Make You a Better Trader Now - 17th Oct 17
Warren Buffett Predicting Dow One Million - Being Bold Or Overly Cautious? - 17th Oct 17
Globalization is Poverty - 17th Oct 17
Boomers Are Not Saving Enough for Retirement, Neither Is the Government - 16th Oct 17
Stock Market Trading Dow Theory - 16th Oct 17
Stocks Slightly Higher as They Set New Record Highs - 16th Oct 17
Why is Big Data is so Important for Casino Player Acquisition and Retention - 16th Oct 17
How Investors Can Play The Bitcoin Boom - 16th Oct 17
Who Will Be the Next Fed Chief - And Why It Matters  - 16th Oct 17
Stock Market Only Minor Top Ahead - 16th Oct 17
Precious Metals Sector is on Major Buy Signal - 16th Oct 17
Really Bad Ideas - The Fed Should Have And Defend An Inflation Target - 16th Oct 17
The Bullish Chartology for Gold - 15th Oct 17
Wikileaks Mocking US Government Over Bitcoin Shows Why There Is No Stopping Bitcoin - 15th Oct 17
How to Wipe Out Puerto Rico's Debt Without Hurting Bondholders - 15th Oct 17
Gold And Silver – Think Prices Are Manipulated? Look In The Mirror! - 15th Oct 17
Q4 Pivot View for Stocks and Gold - 14th Oct 17
Gold Mining Stocks Q3’17 Preview - 14th Oct 17
U.S. Mint Gold Coin Sales and VIX Point To Increased Market Volatility and Higher Gold - 14th Oct 17
Yuan and Gold - 14th Oct 17
Tips for Avoiding a Debt Meltdown - 14th Oct 17
Bitcoin Hits New All-Time High Above $5,000 As Lagarde Concedes Defeat and Jamie Demon Shuts Up - 13th Oct 17
Golden Age for GOLD, Dark Age for the Stock Market - 13th Oct 17
The Struggle for Bolivia Is About to Begin - 13th Oct 17
3 Reasons to Take Your Invoicing Process Mobile - 13th Oct 17
What Happens When Amey Fells All of a Streets Trees (Sheffield Tree Fellings) - Video - 13th Oct 17
Stock Market Charts Show Smart Money And Dumb Money Are Moving In Opposite Directions—Here’s Why - 12th Oct 17
Your Pension Is a Lie: There’s $210 Trillion of Liabilities Our Government Can’t Fulfill - 12th Oct 17
Two Highly Recommended Books from Bob Prechter - 12th Oct 17

Market Oracle FREE Newsletter

3 Videos + 8 Charts = Opportunities You Need to See - Free

Silver, the U.S. Dollar and the Two American Citizenships

Commodities / Gold & Silver 2009 Oct 09, 2009 - 06:36 AM GMT

By: Christopher_Quigley

Commodities

Best Financial Markets Analysis Article"To me, the most ominous flaw in our constitutional set-up is the fact that the federal government does not have control over money and credit and does not have control of corporations. It is therefore not really sovereign. And it is not really responsible, because it is now controlled by these two groups, corporations, and those who control the flows of money. …….


Now I come to my last statement. I regret ending on what is, I suppose, such a pessimistic note-- I'm not personally pessimistic. The final result will be that the American people will ultimately prefer communities. They will cop out or opt out of the system. Today everything is a bureaucratic structure, and brainwashed people who are not personalities are trained to fit into this bureaucratic structure and say it is a great life--although I would assume that many on their death beds must feel otherwise.

The process of coping out will take a long time, but notice: we are already coping out of military service on a wholesale basis; we are already copping out of voting on a large scale basis. I heard an estimate tonight that the President will probably be chosen by forty percent of the people eligible to vote for the forth time in sixteen years. People are also copping out by refusing to pay any attention to newspapers or to what's going on in the world, and by increasing emphasis on the growth of localism, what is happening in their own neighbourhoods……….

Now I want to say good night. Do not be pessimistic. Life goes on; life is fun. And if a civilization crashes, it deserves to. When Rome fell, the Christian answer was, "Create our own communities."

Oscar Iden Lecture Number 3 of 3
"The State of Individuals"
Prof. Carroll Quigley
Georgetown University
Georgetown 1978

As a European looking at the American economic and political scene I find it fascinating to see Prof. Carroll Quigley's prophecy from the Oscar Iden Lectures in 1978 come to pass. It is generally accepted today that astute and aware citizens obtain their information from the internet and private news groups. Any review of these mediums will alert one to the fact that nearly half of the States of the Union have powerful committees actively working on opting out of the Federal system. It is my humble opinion that as the monetary crisis deepens this movement will grow in momentum. This trend for renewed local sovereignty seems to be taking off exponentially and as in the movie "Network" it would seem: "people are as mad as hell and will not take it anymore."

Upon researching this phenomenon deeper it would appear that more and more Americans are beginning to have a legal epiphany and realize that most of them actually have two citizenships. http://deoxy.org/lib/2us.htm .They are citizens of their respective republics, were they were born, in addition to being citizens of the "Federal" Union. Amazingly increasing numbers of Americans are applying for US passports asserting their citizenship of their home republics and rejecting their option of recognizing the Federal State, which in American jurisprudence relates solely to the District of Columbia and territories. This issue has become a powder-keg because it appears that the I.R.S. has no constitutional power outside the Federal Area and if you are not a Federal citizen, but simply an American citizen of one of the 50 American states, the I.R.S. has no actual jurisdiction over you under common law. Once this "secret" becomes mainstream the Federal dollar is as good a dead. No collectable taxes equals no Federal Reserve dollar.

As people around the World begin to comprehend the magnitude of this legal conundrum it can only have serious implications for the future value of the dollar and the price of silver and gold. Should the I.R.S. lose its mandate to collect taxes from American" Continental" citizens the system will demand an immediate solution. It is hard to see how this situation will work out favourably to the greenback. This is why, I reckon, smart state legislators are preparing options now. If the Federal Dollar is in a death spiral it is better to have a home State replacement ready to go. They know that the mainstream media will not report this growing movement and thus intelligent lawmakers are quietly developing their own networks of informative action. As Quigley predicted in 1978 these networks are becoming the framework for future political power. According to his theory, power comes from the ability to get things done, period, and as the Federal system morphs into debt paralysis any parallel "State" system that is effective will become the basis of all new political power-broking.

From a distance to me America is undergoing a revolution as we speak. Anybody who thinks this "recessionary" crisis is normal is not informed. It will be fascinating to see how the genius of American creativity will fashion a solution. Even Canute could not hold back the sea, for the tide, though gradual, was too awesome in power once it started to move. America is in pain and citizens demand action. The tide of a resolution is forming on the ground in State capitals where increasingly Federal officers are being ignored and shunned, but don’t expect to read about this in the "Federal money" media.

Silver dollars anyone?

By Christopher M. Quigley
B.Sc., M.M.I.I. Grad., M.A.
http://www.wealthbuilder.ie

Mr. Quigley is 46 years of age and holds a Batchelor Degree in Management from Trinity College/College of Commerce, Dublin and is a graduate of the Marketing Institute of Ireland. He commenced investing in the Stock Market in San Francisco, California where he lived for 6 years. Now based in Dublin, Mr. Quigley actively trades utilising the principles set out in the modules above. This Wealthbuilder course has been developed over the last 9 years as a result of research, study, experience and successful application.

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Christopher M. Quigley Archive

© 2005-2017 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife