The Great Devaluation

23The Incredible Hulk

Gold is the anti-dollar. For more than a century, the Federal Reserve has promoted its paper notes as the true form of money and what citizens around the world should hold. According to the Fed, gold is an ancient relic that has no place in the current monetary system. Since its inception, the Fed has attempted to diminish any place gold holds. For the first 58 years of the Fed's existence it was unsuccessful. Gold was a constraint on the US dollar. For the last 40 years the Fed has won its campaign against gold. During the time as that has occurred, the deep-power elite have benefited the most and the wealth gap has exploded.

The numbers support the Fed's tremendous success at branding the dollar as king. In 1980, 8 percent of all investable assets were invested in gold or gold-backed securities. Today that percentage is roughly one quarter of 1 percent. By this math, the amount held in gold investments is 1/32 of the total where it was four decades ago. Demand for gold has surged recently. Coincidentally, the Fed has increased its balance sheet 32 times during this time frame. Back then, the Fed's balance sheet was only $130 billion. Today it's $4.1 trillion. Is it coincidence that the demand for gold has decreased in exact correlation to the world's increasing demand for dollars?

Ask anyone at the Fed publicly what role gold plays within its construct and you'll be certain to be dismissed with a laugh or a scoff. The Fed would have the world believe ...