"Hello, Central!" How Safe Is My Money?
Patrick H. Bellringer
H.
(Response)
FROM: Patrick H. Bellringer
TO: H.
DATE: Feb. 19, 2007
SUBJECT: Reply
Dear H.:
Thank you for your letter. The Federal Reserve Note today is only worth the cost of the paper and the ink to print it, or about seven cents, because there is no collateral in precious metals to back it. At one time you could actually go to your bank and get a silver dollar in exchange for a paper dollar bill.
The buying power of the Federal Reserve Note is steadily slipping against other currencies and is solely based upon the faith and trust of the people in the false Federal Reserve money system. The constitutional collateral for the dollar is silver and gold, which have been totally phased out. Today, by forcing the world to buy oil with the dollar, oil has become the partial collateral to support the dollar. This oil base is shaky, as various countries are moving to buy and sell oil with the Euro, which is partially supported with gold. Thus, the dollar is on the brink of collapse.
Many people with savings are investing in gold and silver today to keep their buying power from eroding, and to insure against losing all with a collapse of the dollar. It will not matter if your dollars are in the bank or in your mattress at home, if an economy collapse happens. They would still be worthless. This is why the funding of the Farm Claims and Prosperity Programs is linked to NESARA and the change back to a gold banking system.
Under a gold system your money would have value and would be safe in any gold chartered bank. There is no sense in giving people money and leaving the Federal Reserve System in place, for under the present Homeland Security laws, such money would be labeled "terrorist" money and would be confiscated and put into G.W. Bush and Dick Cheney's pockets, and you would be arrested as a terrorist and put in prison for the rest of your natural life.
I am not an investment counselor but common sense dictate that one should invest in that which would have future value, such as precious metals, free-energy technologies, food industry, clothing industry, housing and land, etc., though housing and land are highly inflated right now.
Invest wisely, and that includes investing in the Realm of the Spirit. Your money is as safe, as is your intent to do good with it.
In Love and Light,
Patrick H. Bellringer