TETELESTAI Notification List

The TETELESTAI (It is finished) email which will contain the first 800#'s will be posted first on a private page and will be sent out to everyone subscribed to the private page's feed.

If you wish to subscribe to the private page's feed, please visit the TETELESTAI page located HERE and access the private page.

If you're having trouble please give me an email at TetelestaiDC@gmail.com

(Note: The TETELESTAI post is the official "Go" for redemption/exchange.)

Guest Posting & Responding Now Available

Dinar Chronicles is now allowing viewers to guest post and respond to articles. If you wish to respond or speak your mind and write a post/article or about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

The subject line of your email should be: "Entry | (Title of your post) | Dinar Chronicles"

- Proper grammar
- Solely write intel, rumors, news, thoughts, messages regarding Dinarland, Iraq, the RV, the GCR, NESARA/GESARA, the Republic, Spirituality, Ascension and anything that is relating
- Your signature/name/username at the end (If you wish to remain anonymous then you don't need to provide one.)

If you have any questions or wish to communicate with us then please give us an email at UniversalOm432Hz@gmail.com

Send your entry and speak out today!

Follow Dinar Chronicles by Email

Featured Post

Restored Republic via a GCR: Update as of Oct. 22, 2017

Restored Republic via a GCR Update as of Oct. 22 2017 Compiled 12:05 am EDT 22 Oct. 2017 by Judy Byington, MSW, LCSW, ret, CEO, Child Abus...

Tuesday, May 16, 2017

History of the Gold Standard in the US - 5.15.17

Received via email at 11:03 PM EDT for publication. ~ Dinar Chronicles

US Gold Standard History




1900

Concerned that the U.S. might be returning to a bimetallic system, Congress passes the Gold Standard Act, making the gold dollar the official unit of currency. Greenbacks remain as legal tender but for the first time can be redeemed in gold.

1913

In response to periodic banking panics when gold reserves fell short, the Federal Reserve is established as a lender of last resort. The Fed is not only charged with maintaining the gold standard but also starts issuing Federal Reserve notes that are 40 percent backed by the yellow metal.

1933

Four years after the Wall Street Crash of 1929, the Fed removes the U.S. from the gold standard to expand monetary policy. Convertibility, therefore, is ended.

“The free circulation of gold coins is unnecessary,” President Franklin Roosevelt tells Congress, insisting that the transfer of gold “is essential only for the payment of international trade balances.”

Roosevelt nationalizes gold by issuing an executive order requiring all gold coins, bullion and certificates to be turned over to the Fed at $20.67 per ounce. Hoarding gold in coin or bullion is punishable by a fine of up to $10,000 and/or jail time. These policies are reinforced in the Gold Reserve Act of 1934.

1944


Representatives from the U.S. and 43 other countries meet in Bretton Woods, New Hampshire, to normalize commercial and financial relations. The agreement is a quasi-gold standard whereby each currency other than the U.S. dollar has a fixed parity to the dollar, which itself is pegged to and can be exchanged for gold at $35 per ounce. (This does not apply to Americans, however, who still can’t hold gold.) The dollar becomes the world’s reserve currency.

1971

President Richard Nixon “closes the gold window” after announcing the U.S. would no longer convert dollars into gold. This move is initially supposed to be temporary, but in 1976 the U.S. monetary system officially becomes one purely of fiat money. Gold rises 2,330 percent during the decade, from $35 per ounce to $850.

2012

The Federal Reserve Bank's 99-year contract to print legal tender for the United States of America, Inc. expires and the private bank defaults and is absorbed by its top major creditors: China, Russia and India--all of whom have modern gold standard based currencies.

Reactions:

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

All rights reserved go to their respective holders. We do not own the intellectual property shown on this website, the respective holders own that privilege unless stated otherwise.

We do not endorse any opinions expressed on the Dinar Chronicles website. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on Dinar Chronicles.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is...Read More