Going For The Gold

From President Trump's Speech at CPAC:

"Global cooperation, dealing with other countries, getting along with other countries is good, it’s very important. But there is no such thing as a global anthem, a global currency or a global flag.

This is the United States of America that I’m representing." President Donald J Trump

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To make a long explanation short, I have to admit that when I saw what was in the bill signed by President Trump through the eyes of a true conservative I was outraged for more than a few reasons. After a while my anger began to turn into confusion. Confusion about why our president would do this to us? I mean he never struck me as a kick the can down the road kinda guy. Quite the opposite. So what could possibly be going on here?

A growing number of American states are taking action to restore sound money policies. Utah kicked off the trend in 2011, when it declared gold and silver to be legal tender in the state.  Alabama enacted a new law that removed taxes on gold and silver.  Before that, Texas passed a law creating a state depository for gold bullion and other precious metals to help sideline the Federal Reserve in commerce.  Oklahoma also affirmed gold and silver as legal tender. 

But for the American people to truly prosper, it is important for Congress to take action.  After all, Congress created the problem by unleashing the Fed and its awesome powers over the lives of every American. It is time for lawmakers to do the right thing.

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Alex Mooney

Republican Representative for West Virginia's 2nd congressional district, Sponsored and introduced HR 5404 "A BILL To define the dollar as a fixed weight of gold."on Mar 22, 2018 during the 115th Congress, 2017–2019, intended to keep the price of money relatively standard and prevent runaway inflation, i.e. one dollar equals _x _grams of gold.

This bill, not surprisingly was introduced but was not enacted. Status - DOA

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Forbes.com contributor Nathan Lewis: As I have repeatedly observed Donald Trump shows a strong affinity for gold.  He has also shown a keen intuitive grasp of  how the gold standard was crucial to having made America great:

" Donald Trump: “We used to have a very, very solid country because it was based on a gold standard,” he told WMUR television in New Hampshire in March last year. But he said it would be tough to bring it back because “we don’t have the gold. Other places have the gold.”

Trump’s comment to GQ: "Bringing back the gold standard would be very hard to do, but boy, would it be wonderful. We’d have a standard on which to base our money."

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Is President Trump planning a play to move us back to the Gold Standard?

The U.S. embraced the principle of Stable Money, and a currency based on gold, for 182 years, 1789-1971, and in the process became not only the most successful country of that time, but the most successful country of all time.

Since 1971, it has become a country that needs to be made great again.

Jus Sayin!