– US dollar collapse, Petrodollar demise.
Use the above link to subscribe to the paid research reports, which include coverage of critically important factors at work during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global village forces…
Source: http://ift.tt/2eWzuIX
Reuters reported, a week ago, that Russia’s Sberbank has begun trading in gold at the Shanghai exchange.
Source: http://ift.tt/2u2bLsS
Jim’s been sick for weeks, but starting to feel better. Why is the MSM constantly talking about exchange rates?
Source: http://ift.tt/2tu3ZZb
Within the US borders, the population remains largely ignorant of the true significance of the global currency reserve concept. It is of paramount importance, yet almost never discussed in the financial press.…
Source: http://ift.tt/2tb5kbs
Wednesday, 5 July 2017 By Jim Willie CB
The King Dollar is mortally wounded. Many notice but the masses seem largely unaware. Since 1971, the Gold Standard has been removed from its anchor position. But since 1973, the Petro-Dollar has taken its place. It has called for crude oil sales led by the Saudis and OPEC to be transacted in USDollar terms, for oil surpluses to be stored in USTreasury Bonds, and for some kickbacks from the Saudis to the USMilitary complex for weapons purchases. Of course, the US is ready willing and able to create strife and to foment wars whereby the Arab oil monarchs will need more weapons. Since 2014, many events have pointed to the crippled condition of the important link between the USDollar and crude oil. The price has plunged by 50% of more, and not recovered. It is currently lurching in the nether bounds near the $45 level. Anything less than $65 to $70 per barrel is very dangerous for keeping the oil sovereigns afloat and for keeping the US energy sector solvent. Witness the Wall Street banks having tremendous problems with impaired bonds and toxic energy portfolios. They seem not resolvable. They cannot keep the oil price over $50, a sign of their impotence.
Not enough financial analysts connect the new normal of a much lower crude oil price with the eventual vanishing act of the Petro-Dollar. The Wall Street banks are deeply exposed on their entire energy portfolios, which include both bonds and commercial loans. Tens of $billions will have to be written off as loss, beyond the $billions already declared as losses. These corrupt banks have worked their magic to lift the oil price above the $50 level, but failed. They worked the task for over a year, but failed. They need an oil price over $60, but failed. The Saudis did not help the cause, by their ongoing extra output to finance their filthy Yemen War. The Saudis earned the anger of their OPEC partners, especially the Gulf Arab allies. The Wall Street banks deeply resent the Saudis for this deed, but the USMilitary complex loves the Saudis. The other Arab oil producers also harbor consider rancor toward the Saudis, who really have no friends in the entire Persian Gulf region. They are so worthy of a palace coup, which would bring clamors of rejoicing in many corners of the West if it were to occur. The day might be close.
The Saudi warrior prince just made more enemies in-house with the push to become crown prince. The dozens of half-brothers will plot against him. Many analysts believe an internal collapse in Saudi-land cannot occur, due to control by the royals of the key factions like the military and religious center. Keep in mind that bankruptcy has a way of sweeping factions aside. A failed ARAMCO stock deal could trigger some internal battles, and reveal the bankruptcy in addition to the lies on national oil reserve wealth. The kingdom’s bankruptcy could become a major topic soon, as the Jackass has been harping on. Be on the lookout for a strange suspicious death event for the king, which could trigger violent episodes from rival half-brothers, many of whom have had their families cut out of wealth distribution (confiscation) for decades.
PETRO-DOLLAR IS DEAD
The Petro-Dollar is a dead standard. The important functional parts, such as the derivative machinery, have been dismantled over the last four years. A key hint on the massive rift between the US and Saudis was the contrived legal prosecution cases with the big Swiss banks. It seems the Swiss simply bent over and took it in the rear flank from the Washington NeoCon criminals. No precedent exists for the USGovt to sack control of a sovereign nation’s big banks like what happened with UBS and Credit Suisse. Pay no heed to the formal charges of tax evasion and Iran sanction violations. These were pretexts for stealing the Arab gold in Swiss bullion banks. Notice that a year later, the Saudis worked to move hidden gold hoards into the safe confines of Deutsche Bank. The threads are complex, since the Qataris pulled their funds out of D-Bank, thus rendering it more exposed. Some of the most convincing evidence of a dead defunct Petro-Dollar is the multiple fronts of war to defend the USDollar. Back in 2005, the Jackass wrote often about how in several years the King Dollar will be defended by war. It is here…
Source: Enter The NatGas Cartel
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For your holiday listening pleasure, Jim Willie returns for a comprehensive discussion of the petrodollar and how current events around the Arabian Peninsula are a sign of great distress for this monetary scheme.
Again, what is the “petrodollar”. The idea was championed by Henry Kissinger in 1973 as a way to create ongoing demand for US dollars by maintaining the pricing of crude oil in dollars only. The effects of this were two-fold:
As a result, any threat to this system, whether it has come from Iran, Iraq or Libya has been squashed either politically or militarily over the past 40+ years. The current flare-up of tensions between Saudi Arabia and Qatar must be viewed through this prism and that is the primary topic of this 47-minute discussion.
To that end, please be sure to review these links while you’re listening:
I hope that you find this helpful and informative. Thanks for listening.
TF
Jim Willie is an original. If you want to be official about it, you can call Jim a “statistical analyst” as Jim has a PhD in statistics from Carnegie Mellon. Since 2004, however, he’s simply been known as “The Golden Jackass”.
Through his website http://www.goldenjackass.com/ Jim has developed a subscription-based newsletter service which is second-to-none in its quality and its “outside-the-box” thinking. Jim’s very affordable service, The Hat Trick Letter, can be found here: http://www.goldenjackass.com/subscribe.html
p.s. As you can tell by his bio picture, he has an extraordinarily large brain, which he uses to all of our benefit.
Source: Jim Willie Golden Jackass Qatar Saudi Arabia Petrodollar | TF Metals Report
As per tradition, the Golden Jackass returns today with over an hour of A+ audio entertainment for your holiday weekend listening.
The discussion begins with some additional information on Jim’s latest public post found here: http://news.goldseek.com/GoldenJackass/1495656000.php
From there, the conversation moves to the petrodollar, the Eurasian Trade Zone, the new Hong Kong Gold Exchange and Jim even gives some thoughts on Bitcoin and the rest of the crypto-currencies.
I’m confident that you’ll find this information to be very informative and valuable. Perhaps it will help you to pass the time while driving or traveling over the weekend. Either way, sit back and enjoy 75 minutes of Jackass consciousness.
TF
p.s. Jim is/was battling a brutal head cold. I tried to edit out as much of his coughing and wheezing as I could but my apologies if I missed a few spots. Hopefully, he’ll be feeling better soon.
Source: Jim Willie Golden Jackass Hat Trick Letter interview | TF Metals Report
Published on Apr 27, 2017
The World Reserve Currency status of the US dollar is ending and a new world currency has begun. Here is what is going on.
The First (((OCARE))) Obama Care State To Collapse…
Moments ago the Common Wealth of Puerto Rico filed for a Quasi-Bankruptcy Protection by US Courts over it’s $70 Billion Dollars in Debt created by both the Mandatory Health Care costs and Mandatory Welfare.
Puerto Rico – however – is not an Incorporated Territory like the Detroit, the Philippines or the Washington State Secretary of State’s Office.
Puerto Rico is part of the United States Corporation.
Puerto Rico uses the US Dollar as a base and it’s President is appointed by the United States Corporate President.
When Detroit filed for Bankruptcy Protection the courts just let it ride because it is a Private corporation, governed by laws set forth in the State of Michigan Corporation. It is the Michigan Department of Treasury Corporation that oversees the Corporation of Detroit.
It’s an Incorporated City – the Corporation of Detroit.
When Puerto Rico files for Bankruptcy it files as part of the United States Corporation – however – under executive order 12803 the United States is completely privatized and may in fact have only a few employees.
Common Wealth Territory or not – Puerto Rican Bonds are issued from the United States.
See the picture
When we told the owners of the Federal Reserve Banks, the US Treasury and Deutsche Bank they were about to loose $ Trillions – that was not meant as a joke and I am sure their CEOs will be forgiven by their owners for overlooking what we sent them.
We even reminded them Monday and Tuesday on their Facebook Pages but they failed to listen to GOD’s last warning.
Arrogantly Ignorant??
The US Presidential Appointed Governor of Puerto Rico is currently petitioning the Federal Oversight Board to invoke a Quasi-Bankruptcy (Fake) law that puts a stand off before a Judge.
In other words – the US Treasury Notes used to support the Democratically Controlled National Socialist State (NAZI) of Puerto Rico are not going to be paid back.
“For the loss of a Horse Shoe Nail the Kingdom was lost…”
By 1 June their investors will not have a pot to pee in
By 1 November they will not have pee to put in the pot.
Few stories flatten me – but this one – ohm boy, it’s a biggie.
They are selling a $1,000 Puerto Rican Bond – a US Treasury Bond – for $49.
It literally Trump’s every other story of the year.
And so it begins.
The fall of the US Dollar and it’s Empire…
Source: DR WILLIAM MOUNT: Puerto Rico (US) Files For Bankruptcy
IMF DISCUSSES THE DEATH OF THE DOLLAR AND OF MOST AMERICANS AND EUROPEANS
They will be replaced by those from Africa – Muslims Refugees.
The IMF held it’s annual spring Meeting in Washington DC over the weekend and had the Audacity in this Bastion of NAZI Liberalism to discuss the down fall of the entire US Economic System and replace it with pure Chaos.
For those who have ears to hear it was clear as a bell.
Each profession has it’s own language and interpreting what someone says is often difficult if you do not understand their internal language.
For Example:
1) US Army: Get Proactive & Recon Macy’s
2) Your Wife: Lets go shopping
Or:
A kiss from my Godfathers in the Gambino’s means death while a kiss from the Head of the Russian Church is like shaking hands and saying hello.
This language the IMF uses is the same as the UN and Lucis Trust and that has taken me years to learn.
For those who are trained to hear what they really said this weekend we clearly understood there was a central theme they stated over and over again:
The IMF discussed the Death of the Dollar and the mass killing of people world wide to bring the world down to a “Manageable Population.”
The primary speaker they used was Chris LaGard – A Male Cross Dresser – look at her Adams Apple.
Women do not have Adams Apples.
On thing they hid very well is that the President of the IMF is Chinese.
Please keep in mind that the IMF, United State Corporation, Chinese Central Band, Bank of Russia, Russian Federated Republic – all are owned by the Rothchilds Banking System
The Rothchilds Banking System is actually the Bauery Boys Banking System and is owned by Deutsche Bank, which is owned by the Vatican Trust, which is owned by the Vatican…
Source: DR WILLIAM MOUNT: IMF Discusses On Dollar Death and Pop Reduction
April 24, 2017 By: Sorcha Faal, and as reported to her Western Subscribers
In what is looking more by the hour to be a Russian “first strike” against the United States during this current “cold phase” of World War III, the Security Council (SC) is reporting today that President Putin has ordered the immediate implementation of the “Golden Tsar” attack plan against the US dollar—and that has so terrified the West, its top spy masters (the “Five Eyes Alliance”), have rushed to New Zealand for a secret meet and the UN Security Council is now rushing to the White House—but whose efforts to counter the Federation will fail; and as stated by top Kremlin advisor Sergey Glazyev who warned these Western elites: “The more aggressive the Americans are the sooner they will see the final collapse of the dollar as the only way for the victims of American aggression to stop this aggression is to get rid of the dollar…[and] as soon as we and China are through with the dollar, it will be the end of the United States military might”. [Note: Some words and/or phrases appearing in quotes in this report are English language approximations of Russian words/phrases having no exact counterpart.]
According to this report, after the collapse of the Bretton Woods gold standard in the early 1970s, the US struck a deal with Saudi Arabia to standardize oil prices in dollar terms—and through this deal, the “petrodollar system” was born, along with a paradigm shift away from pegged exchanged rates and gold-backed currencies to non-backed, floating rate regimes.
To the catastrophic effect on the entire world of the United States creating its petrodollar system, this report explains, is shown by President John F. Kennedy, in the early 1960’s, attempting to break his nations military-industrial-complex’s “state of perpetual war”—and that allowed him to drastically reduce his nations national debt rise to only $23 billion bringing its total to $312 billion—but that he wasn’t able to continue due his public assassination in 1963.
Under Kennedy’s predecessor, President Lyndon Johnson, this report continues, the illegal Vietnam War was ramped up costing the American people, by 1969, $42 billion and bringing its national debt total to $354 billion.
Assuming power from President Johnson in 1969, this report further details, President Richard Nixon added another $121 billion to his nation’s debt for the illegal Vietnam War brining his nation’s national debt total to $475 billion—an amount so staggering for its time it caused what is now called the “Nixon Shock” when, on Friday, 13 August 1971, Nixon ordered the unilateral cancellation of the direct international convertibility of the US dollar to gold…
The Dollar is literally hanging on by a thread.
We all see the economic indicators – but what is really happening behind the scenes????
This weekend Washington DC will hold it’s annual Spring Meeting to discuss the fate of the dollar
Key Topics to be discussed include:
1) Cities are Where The Future Is Being Built:
IE: How to move more people into the cities. By either destroying their farmland or over taxation.
2) 50 Years After: The SDR’s Role in the International Monetary System
IE: The death of the Dollar through the SDR.
3) Productivity In The Age Of Fewer, Older workers.
IE: Population Reduction.
Perhaps a little history:
First – all Central Banks – including the Russian and Chinese Central Banks are owned by the Rothchlds Banking System, which is supposed to be run by Deutsche Bank, which is owned by the Vatican Trust, a subsidiary of the Vatican.
So understand that all orders come form the Vatican.
In 1944 several key things happened – just as was planned way back, way, way back:
1) The Bretton Woods agreement was signed making the US Dollar the world’s Reserve Currency for settling international debt.
2) The United Nations was created in San Francisco, along with the IMF and several dozen other agencies that control YOUR life without you ever even knowing they actually exist.
3) The plan was put forth for the dollar to die and the Chinese/Russian Gold Backed Dollars to replace the US Dollar.
4) Adolf Hitler was moved to Argentina
With the advent of Computers world wide – in 1969 the SDR was created to replace the US dollar as a form on international trade. At the time the SDR was equal to 0.888671 grams of gold – or one dollar.
Today the SDR is pegged to the dollar.
By the way – .888671 grams of gold is now worth $42.42. So this depegging the dollar has literally caused the collapse of the dollar.
This is why in 1977 when I brought home $10 an hour coffee was 25 cents and rent was $150/month.
In 1973 President Nixon was ordered by members of the CIA to violate the Bretton Woods Agreement and so he took the United States off the Gold Standard.
The SDR’s are used by the International SWIFT System to settle all trade through the use of the SDR.
Two weeks ago the Chinese CHIPS System was set in motion when the Russian Central Bank opened up a branch in Beijing, China to bypass the SWIFT System and the SDR altogether.
Ten years ago the dollar accounted for 40% of all trade.
Today the Dollar is at almost 15% of all trade.
The dollar is expected to go below 15% by 1 August and this will signal a huge change as almost all nations will dump the dollar as the “World Currency” and begin trading in the Gold Backed Yuan.
The key meetings of the IMF occur on:
1) 21-22 April to define what happens to create the collapse of the dollar
2) 13-15 October to define (in Libra the Time Of Judgment) the actual fall of the dollar.
There are 5 things these Lucifarian NAZI Pigs did not count on when they planned this.
1) The Atomic Weapon
2) The Internet – so everyone would know.
3) NATO – Paid for by the US Dollar
4) The $7 Trillion Dollar a Year Secret Space Program paid for by the US Dollar
5) GOD – And HIS Plans.
We hope to have a real financial expert on the show on Monday – Charles who owns Noble Gold – to discuss the what happens at the meeting…
Please pray he has the time.Source: DR WILLIAM MOUNT: The Dollar Hangs By A Thread
LAST MONDAY THE RUSSIANS OPENED A BRANCH OF THERE RUSSIAN NATIONAL BANK IN BEIJING, CHINA TO BYPASS THE DOLLAR AS A MAJOR TRADE INSTRUMENT.
THIS OPENING WAS PLANNED IN OCTOBER 1959
TODAY THE INTER TRADE DEPARTMENT – 100 ACRES SET ASIDE TO PROMOTE TRADE BETWEEN CHINA AND RUSSIA – IN ST PETERSBURG RUSSIA OPENED WITH THE “FRUCT” CONFERENCE IN ST PETERSBURG
THE TRADE PLATFORM HAS BEEN PLANNED, BUILT AND IS NOW IN FULL OPERATION COMPLETELY BYPASSING THE BANK OF INTERNATIONAL SETTLEMENTS.
THE WAR IN NORTH KOREA/SYRIA ARE DISTRACTIONS FOR THE HUGE ECONOMIC RESET ABOUT TO TAKE PLACE.
TODAY WE HAVE CHARLES FROM NOBLE GOLD TO EXPLAIN WHAT IS HAPPENING AND HOW YOU CAN PROTECT YOUR ASSETS…
Source: DR WILLIAM MOUNT: Dollar To Loose World Reserve Currency Status
Jim Willie joins FinanceAndLiberty to reveal the danger created by interest rate swap derivatives. As foreigners accelerate their dumping of U.S. Treasury Bonds and the Fed moves interest rates slightly higher, the interest rate swap derivatives market is coming under strain. When word gets out about the strain in these derivatives, foreign dumping of U.S. debt and movement away from the dollar and towards gold will accelerate, Willie says.
Willie says China is getting ready to move to the “Gold Trade Note.” How will China move to a gold backed currency without killing their export market? Willie says China has to get a critical mass of support, say the entire Eurasian trade zone, to follow suit. If China can get this critical mass majority, then the rest of the world still trading with the U.S. dollar will be in the minority. That’s when U.S. dollar countries will face currency crises, Willie says.
The most recent bout with this ongoing Syrian conflict was put forth to the world to hide something very serious.As you recall – a few days ago a fake Chemical Gas Attack on a town in Syria from an abandoned airfield…
via Syrian War – What The Elites Are Hiding — DR WILLIAM MOUNT
More from Jim Willie at:
http://www.goldenjackass.com
Music:
“Griphop”
Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0
http://creativecommons.org/licenses/b…
Audio File:
http://www.mediafire.com/file/kwq9dxx…
The mainstream media has a new in vogue phrase and you are sure to have heard it by now – ‘the rules based international order (or system)’. The Royal Institute of International Affairs based in London, commonly known as Chatham House commented a several years ago that “Economic and political upheavals are emboldening challengers to the rules-based international system, and to the liberal Western values it embodies. To stay relevant, the system must address three major flaws.”
Given recent global events it is clear that the so-called rules based order has systemically failed to address any of these flaws. The most powerful advocates and the institutions that support this system have made the most disastrous decisions culminating in an epic financial crisis with austerity its ideological birth. The West flounders from one crisis to the next, the majority disciplined for the malfeasance and lawlessness of the few and the system is consuming itself from the inside out – a neoliberal bowel cancer with no cure in sight…
Source: New World Disorder – Disintegration Stage Commences | Opinion
We all need to be prepared for what is coming.
Last night, for example, Benjamin Fuldford stated the New US Republic has been reformed and there is a huge monetary change coming as the US Dollar – the Federal Reserve Note – is about to go bust, be eliminated.
He clearly stated that the Federal Reserve Note will be replaced with a collection of 5-6 foreign currencies.
What we have been told is exactly what Jim Willie (Golden Jackass ) told me – we will see a new US DOLLAR that will be devalued tremendously.
Today we will call the UN Security Council to try and confirm the creation of the New US Republic.
One thing that should be made perfectly clear – the Iraqi Dinar is in such a free fall that it will not be “Revalued” so that we all become Billionaires.
Other things we noted just today were the following:
1) There are floods and freezing in areas temperatures in areas not normally experiences these confidants which are having huge negative effect on crops.
…a) Peru – for example – has had the worst flooding in history. This has destroyed countless acres of crops.
…b) Montana has had it’s worst winter on record in terms of cold and snowfall. Cattle Die Off was intense there.
—c) While Montana is freezing Australia is having it’s hottest year on record. Crop failure has risen due to their use of GMO crops.
2) Due to GMOs and new taxes brought in by the last set of Elite NAZIs Wheat Production in the United States has fallen for the first time in 395 years.
3) For the first time in History the bank of the Holy Roman Empire – Now called Deutsche Bank – in now operating in the Red. This threatens to take down most of Europe’s Banks due to the interconnectivity of these financial systems.
4) The largest Russian Bank – The Bank Of Russia — had it’s ATMs began spitting out Rubbles at all of it’s ATM Machines. You wolds ask for 1,0000 Rubles and you would get whatever was in the ATM Machine.
The Bank has been hacked and this will accelerate across the Globe
5) Bond yields are flat – indicating a falling economy – due we all know this. All we have to do is go to the mall and see for yourself.
6) The Deep Underground Military Bases (DUMB) are experiences huge problems with growing crops. We could solve it for them – but why???
7) Finally – the World Debt Clock keep getting higher and higher and higher across the Globe. The elites order these Governments to spend money which gets them deeper and deeper in debt…
ENOUGHSource: DR WILLIAM MOUNT: Prepare For Huge Economic Changes
Today’s Guest: Jim Willie
March 8th: United States will be forced to accept a devalued domestic USDollar (aka the New Scheiss Dollar) which is when the crisis hits… the Trump Admin will have tremendous challenges in setting up a solid industrial base to relieve the $550 billion annual trade deficit, which is the major problem for the nation… any new asset backed USDollar would result in the forfeit of 13,000 tons of gold in the first year from the trade deficit… the USEconomy is the fast moving locomotive heading over the cliff with numerous indicators of steep decline… the US leadership has had for years no initiatives, no direction, and no progress toward remedy or reform of any imbalances or any crisis conditions… the USGovt is dedicated to fraud, corruption, propaganda, and war… the nation can work toward business creation and job growth if it can get past the political squabbles and sabotage and sedition… many juicy topics are included with the fascist theme permeating the entire nation with politics, industry, banking… the Fascist Business Model has been at work since the Clinton Admin… the US nation cannot be fixed in less than 10 years even if very positive moves are made
Website:
http://goldenjackass.com
[ZurichTimes] Finally we come to the point in History where the US Dollar dies a painful death betrayed and hollowed out in advance by another Judas from within. The snake that will strike this time around will be the Zionist sponsored Corpse called the Kingdom of Saudi Arabia. Once the House of Saud who are now making open alliances with the Zionist Israel as evidenced by their recent trips there as reported by DebkaFile, decide it is time to kill the PetroDollar the decline of the West will begin. Yes perhaps it may even begin in 2017…
Source: Collapse of the PetroDollar System Is the No. 1 Black Swan Event for 2017 | Banksters
(Jim Willie) The Gold Trade Note is gradually coming into view, its form within structured contracts is taking shape as components. the Petro-Dollar has almost completely vanished. The Petro-Yuan is essentially here in its infancy, in rudimentary form. the leap to the Gold Trade Note will be easy, once the pieces are aligned and in place. This new note for usage in secure trade settlement is in the inception process. It will be structured within existing trading vehicles and platforms. The Russians and Chinese appear to be forming the basis for the payment vehicle within the oil trade. Consider it as a formal reflection of the Iran-India gold for oil trade.
Bilateral Oil for RMB Sale + Shanghai Gold Exchange = Gold Trade Note
GOLD ENTERS THE TRADE EQUATION
Examine the many components for the demise of the Petro-Dollar, the fading importance of the USTreasury Bond, the chronically supressed Gold market, and the emerging structure of the oil trade among the Eastern superpowers. Grant Williams lays it out in wonderful style in a recent Zero Hedge article, truly great work. See Zero Hedge (HERE). Take it one step further. The Russians as primary oil producers have the ability to sell oil in RMB terms, accept the Chinese currency and purchase gold at the Shanghai Gold Exchange. Soon the Chinese can better organize their oil purchases from other nations. The vendors can turn around and do the same, convert the RMB into gold in Shanghai. The Petro-Dollar has been effectively replaced with the mechanisms of a Petro-Yuan erected on the Gold table. The Chinese are putting in place a link between oil and gold, once again like before the Bretton Woods Gold Standard was violated by Nixon in 1971. The Gold Standard is emerging, with respect to the oil market…
Source: Gold Trade Note Sighted
(Michael Maharrey) An Arizona bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency, passed the House today. Final approval of the legislation would help undermine the Federal Reserve’s monopoly on money.Rep. Mark Finchem (R-Tucson) introduced House Bill 2014 (HB2014) on Jan. 9. The legislation would eliminate state capital gains taxes on income “derived from the exchange of one kind of legal tender for another kind of legal tender.” The bill defines legal tender as “a medium of exchange, including specie, that is authorized by the United States Constitution or Congress for the payment of debts, public charges, taxes and dues.” “Specie” means coins having precious metal content…
Source: Arizona House Passes Bill To Support Sound Money » The Event Chronicle
Conspiracy Daily Update 