Dear Patrick,

With regard to my reply to Snow Dog, let me note that
your ideas are also very sensible.

> FDR engaged in theft and counterfeiting as a solution to 
> a problem caused by theft and counterfeiting.  

> The sale of government assets include office buildings, 
> vehicles, huge tracts of land, etc.  

Sadly, much of this land was never properly a part of the
Fedgov's assets.

> In other words, my solution would be:  take every
> action to make good on all the gold redemptions.  Do not 
> steal the gold.

Excellent.  "Do not steal gold" is excellent.  It should
be the watchword of everyone in this industry.  "Do not
steal gold."  

> I must emphasize that when the government devalued the 
> dollar and confiscated gold, they WERE defaulting on 
> their redemption obligations.

Hear-hear!  Yes!  Exactly!

> They didn't magically skirt the underlying hard reality 
> just because some politicians signed some pieces of paper.

On the other hand, a whole lot of fedgov goons had a whole
lot of fun rifling through homes and safety deposit boxes.

Stealing old lady jewelry is not the sensible alternative
to making good on debts.

Regards,

Jim
 http://www.goldbarterholdings.com/
 http://www.two-cents-worth.com/?101468&EG


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