Understanding Gold, Alan Greenspan, and Control of World Money Markets

Over the years and in recent speeches, Alan Greenspan has upheld and explained the value of gold. Gold comes in the form of bullion or numismatic, with bullion being gold bars or coins with the value of its weight in gold, and numismatic gold being old gold coins, minted by a government for use as currency.

In order to get a handle on the gold market we need to understand a few basic principles about gold. Gold is the money of the Scriptures and, consequently, has been financial security for over 5,000 years. Consider the words of one of the most powerful men in our country, Alan Greenspan, the former Chairman of the Federal Reserve. Greenspan was initially appointed by Ronald Reagen and served successive four-year terms from 1987 to 2006. Most people don’t know this, but in the 1960’s and 1970’s Alan Greenspan was the biggest gold bug in the country. He was always espousing the gold standard and the value of holding gold over fiat money.

Here are a few selected quotes about gold from Alan Greenspan:
“You always have to ask the question why is it that central banks hold so much gold which earns them no interest and which costs them money to store. The answer is obvious: they consider it of significant value, and indeed they consider it the ultimate means of payment, one which does not require any form of endorsement.”
“Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.”

So why don’t we hear good things about gold in the media like we hear from Alan Greenspan? Is it a conspiracy to hide or cover up or withhold this information from us? Could the government possibly have other motives? Is there a reason they don’t want us to own gold? A possible answer to that question came from Thomas Jefferson, who years ago said, “If you can control the currency of a nation you can control its people.”

Listen to the attitude of Baron Nathan Mayer de Rothschild. In a quote from a book The Secrets of the Federal Reserve, by Eustace Mullins, Chapter 5, The House of Rothschild, he says “I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man that controls Britain’s money supply controls the British Empire, and I control the British money supply.”
The big money people in this country who run the country behind the scenes know that gold is the world’s only money. And if they can keep the common people out of gold then they can control them during economic crises.

Just how do they control the common people to keep them out of gold?
We will be covering who they are very shortly. First, they suppress the price of gold. By keeping the price of gold down they make it appear to be worthless. Secondly, they use a reverse psychology campaign against gold in the media, saying, “What do you want gold for? It doesn’t pay interest or dividends. It is a barbaric relic. It is a thing of the past. It will never be any good anymore.” In contrast to Alan Greenspan's point of view, Americans are constantly bombarded by this negative propaganda against gold, and it has been very effective. The end result: most Americans don’t own any gold, and don’t want to own any gold.

So, what is their intent? It comes back to the word control. What happens in economic crises when our paper currency fails and the stock market collapses? People whose assets are all dollar denominated will lose everything. When that happens, they can tell you which bread line or soup line to stand in. People who have a good percentage of gold in their possession will become wealthy overnight. That means that they will have to talk to you then, because you will be one of them, and that’s the last thing they want to do. So, at all costs, they want to keep you out of gold.

So why do you think Alan Greenspan espouses gold?

Without gold you have no financial security for yourself or for your family.

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