Busy Times

This is a busy time for me with moving, taxes and a bunch of other things.  It may be another week or week and a half before I can blog again which would be around April 21. 

These are interesting and historical times we live in, knowledge and preparation will have us prosper :).

See you next week

Hi, thanks for coming to this site :),

It is my birthday week and have chosen to take the week to do birthday week stuff!

The next blog will be next Monday Aprill 11.

See you soon,

Hugh

Big Brother

Lower on the island the soil remains saturated with water so the risks of mudslides and other dangers remain high.  It has been requested that we do not indulge our curiosity and investigate the carnage.

Confined to a finite space reminds me of being back on the ship, limited in our range of movement while having a view of infinity.  Our dreams are pulled to into the expanse to travel far while our bodies cannot join, instead destined to sail patiently toward the horizon. 

It is our imagination that allows us to ask “what if”, as our heart ponders whether true happiness can be found in that imaginary and untraveled land.   Is this where the seeds of “So What” lie?

Why do we need to know what really money is, why is it so important?  It hasn’t seemed important up till now, and no one else seems to care.  The question almost seems obscure. 

It has already been an important question and it has already had a major impact on our financial well-being.  That is what no one is talking about.

First, lets be clear, gold and silver are real money.  They are durable, divisible, have relative value, are transportable, can not be easily duplicated and are recognized and accepted in exchange around the world.  Consequently they are a means of exchange, a unit of account and are a store of value.  They have withstood the test of time and empire to be used as money for thousands of years.

Second, we care because its integrity is the foundation on which our financial system is built.

The Founding Fathers knew this and so the Constitution of the United States specifically states that money can not be created (printed) that is not backed by a specific unit of gold or silver.  As per the Constitution, dollar bills cannot be created that are not backed by something of real value. 

This law protects the people from fraud, forgery and corruption of government and the power of the banks.  The Founding Fathers knew that without this protection, the system and the people would be vulnerable to its inevitable corruption and destruction. 

It is very much in the interest of government and the banks for us not to see this and to know why, and it is our captain’s humble view that our financial future depends on us knowing WHY!!!!