federal reserve

Wayback Wednesday: The Gold Repeal Resolution 1933

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Gold Repeal Image One
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Eighty-six years ago, today, following President Franklin Roosevelt‘s signing of Executive Order 6102 on April 5, and Executive Order 6111 on April 20, the 73rd U.S. Congress enacted House Joint Resolution 192 (48 Stat. 112), abolishing payment in gold. These steps eventually led to the Gold Reserve Act of 1934. The ownership of gold coins, gold bullion and gold certificates was forbidden. The Executive Order(s) required all persons to deliver on, or before, May 1, 1933, all but small amounts of gold. Violation of the order was punishable by fine up to $10,000 or up to ten years in prison, or both.

From The History Channel:

On June 5, 1933, the United States went off the gold standard, a monetary system in which currency is backed by gold, when Congress enacted a joint resolution nullifying the right of creditors to demand payment in gold. The United States had been on a gold standard since 1879 […] but, bank failures during the Great Depression of the 1930s frightened the public into hoarding gold […].

Soon after taking office in March 1933, Roosevelt declared a nationwide bank moratorium in order to prevent a run on the banks by consumers lacking confidence in the economy. He also forbade banks to pay out gold or to export it. According to Keynesian economic theory, one of the best ways to fight off an economic downturn is to inflate the money supply. And, increasing the amount of gold held by the Federal Reserve would in turn increase its power to inflate the money supply. Facing similar pressures, Britain had dropped the gold standard in 1931 and Roosevelt had taken note.

On April 5, 1933, Roosevelt ordered all gold coins and gold certificates in denominations of more than $100 turned in for other money. It required all persons to deliver all gold […] owned by them to the Federal Reserve by May 1 for the set price of $20.67 per ounce. In 1934, the government price of gold was increased to $35 per ounce, effectively increasing the gold on the Federal Reserve’s balance sheets by 69 percent. This increase in assets allowed the Federal Reserve to further inflate the money supply.

Executive Order 6102 Image Two
Image Credit: gumroad.com

From Peter Schiff:

After the bombing of Pearl Harbor, President Franklin D. Roosevelt called Dec. 7, 1941, “A date that will live in infamy.” When it comes to the US monetary system, June 5, 1933, should share that ignoble title because that date marks the beginning of a slow death of the dollar.

Roosevelt signed Executive Order 6102 […] touted as a measure to stop hoarding but, was, in reality, a massive confiscation scheme. Even in the heat of Roosevelt’s confiscation scheme, government troops did not break into people’s homes… Ironically, all the gold actually collected by the Treasury was willfully surrendered in a wave of misguided patriotism, while many ‘law-breakers’ simply kept their gold.

The purpose of Roosevelt’s executive order was to remove constraints on inflating the money supply. The Federal Reserve Act required all notes have 40% gold backing [but], the Fed was low on gold and up against the limit. By increasing its gold stores, the Fed could circulate more notes.

Roosevelt’s [actions] in 1933 set off a dollar devaluation that continues to this day. In 1913, prices were only about 20% higher than in 1775 and around 40% lower than in 1813, during the War of 1812. Whatever the mandates of the Federal Reserve, it is clear that the evolution of the price level in the United States is dominated by the abandonment of the gold standard in 1933 and the adoption of fiat money, subsequently. One hundred years after its creation, consumer prices are about 30 times higher than what they were in 1913.

In 1964, the minimum wage stood at $1.25. To put it another way, a minimum wage worker earned five silver quarters for every hour worked. Today, you can’t even buy a cup of coffee with those five quarters [but], the melt-value of those five silver quarters, today, stands close to $15! Roosevelt’s moves, culminating in the June 5 congressional resolutions, initiated a process of monetary deformation that led straight to Nixon’s abomination at Camp David, Greenspan’s panic at the time of the 1998 Long-Term Capital Management crisis and, the final destruction of monetary integrity and financial discipline during the BlackBerry Panic of 2008.

The legacy of June 5, 1933 continues today. The dollar continues to devalue. That means over the long-term, the price of gold in US dollars will almost certainly continue to rise.

Yay for us. ~Vic

Chris Thomas Update: August 24, 2012

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An Article From: The Chris Thomas Files

A few people have asked for an update. Unfortunately, there is not a huge amount to say at the moment.

Over the last 20 years, we have seen an increase in the frequencies and types of energies that are available to us. These energies have come from the sun’s increased activities as well as new energies coming from outside of our solar system. There are also new energies arriving from the centre of the galaxy, which have been gradually growing in strength for a few years and, which will reach their peak frequencies during December.

In addition to all of these energy sources, there is also a new energy at work which is designed to help clear up a few “loose ends” that humans have not been able to clear for ourselves. These loose ends are things like the continuing Velon attacks on the Earth and people, and the Velon attempts to mislead us into believing things that are not [to] our benefit. The success of this energy is mirrored in the way in which people are now rejecting concepts like “Angels”, Ashtar Command, the “healing” ship Neptune, etc…that the Velon have been trying to make people follow. Instead, […] people are now seeing beyond these misleading concepts and looking for the underlying truth to what is happening, as well as realising that humans are responsible for ourselves [themselves]. Nobody is going to step in and do the work for us.

But, the main focus of these new energies is to break the power structures that have been holding us back. […] the work of the “Illuminati”. The main source of the Illuminati power-base is to do with money and how it is controlled. By controlling the money supply, they control people. By keeping people in poverty, wage-slaves, they control the way in which people think and act. This pattern of control needs to be broken to allow us all to open our minds to other possibilities and to move on to soul re-integration.

We have seen how shaky the financial system actually is over recent years with the deliberate manipulation of mortgage insurance. Fortunately, this deliberate attempt at impoverishing ordinary people did not work as well as the Illuminati would have liked and it has caused a lot of damage to the banks despite the Federal Reserve “rewarding” banks with several trillions of dollars for their part in the scam. What this new energy is doing is to push the unstable foundations of the banks a little further than the banks intended. The result of this is that the banking system is currently in a state of meltdown. This meltdown has not reached the mainstream media, yet but, it is happening.

Chris Thomas Update Image Two
Image Credit: in5d.com

I would suggest that people try to have some kind of cash reserves at home, enough for a couple of weeks, as the meltdown continues as we should start to see the failure of some banks over the next couple of weeks.

However, there is no need to panic, whilst some banks will inevitably collapse and close their doors, this should not last for very long as other banks, that remain in business, take up the slack. But, it does mean that the whole banking system will need to be re-structured, so it is likely that over the next few months, cash will be in short supply. Given all of the current indications (there are many reports on the Internet), this should not last beyond September but, there is no way of predicting how bad the crash will be or how long it will take to re-adjust the system.

[Note: This was written in 2012 so, when the failures started, there was a mad dash by the banking cartel to hide what was going on. These “band-aids”, as it were, did not fix the problem…only delayed it. It is still insolvent.]

Other than that, most things are fairly quiet at the moment.

We have successfully raised our energy frequencies to reach frequency parity with the Earth at 3.5 KHz and have begun to reject all of the Velon ploys at misleading us. So, this current time is one of clearance on deep levels as well as consolidation of our new energies. Once the banking situation becomes clearer, we will be able to move on to even more personal clearances and taking on new energies that will move us forwards to full soul re-integration later on this year. Everything is happening as it should be. Everything is happening in its correct time frame (albeit a little later than originally intended) and everything is moving forwards on its intended path.

I hope this helps but, if people want more detail, and some help in working more closely with their higher self, I suggest my book Synthesis which was specifically written for this time.

Download the PDF version HERE.

[Additional Note: This was written by Chris Thomas and published on the The Spirit Guides UK website but, removed.]