The bill introduced in the Missouri state senate would make gold and silver the legal tender, eliminating the state capital gains tax on gold and silver, and establishing a state bullion depository.
Practically speaking, this would allow Missourians to use gold or silver coins as money rather than just as mere investment vehicles. In effect, it would put gold and silver on the same footing as federal reserve notes. The federal reserve destroys this constitutional monetary system by creating a monopoly based on its fiat currency which is issued by the federal reserve and backed only by “good faith” in the US government. Something many Americans and many nations around the world are quickly running out of.
Without the backing of gold or silver, the central bank can easily create money out of thin air.
This not only devalues your purchasing power over time; it also allows the federal government to borrow and spend far beyond what would be possible in a sound money system. Without the fed, the US government wouldn’t be able to maintain all of its unconstitutional wars and programs.
If more states followed in Missouri’s footsteps, the federal reserve notes could become largely unwanted and irrelevant for ordinary people. From 1933 to 1974 it was actually illegal for us citizens to own gold bullion without a special license. On January first 1975 the restriction was lifted and gold can now be freely held by Americans. However, during whatever the government deems as “an extreme crisis” the government still has the right to seize (not buy) any citizen’s gold with the stroke of a pen or an executive order. The same goes for land up to 200 miles from the nation’s borders.
In the words of the World Economic Forum, you will own nothing and like it comes to mind here or the old saying “what’s mine is mine and what’s yours is mine”.
This is why the deep state has to go before the people can receive their funding for the restoration plan.
