Silver Coins and Being a Half-Slave
701oz. Walking Liberty Silver Coin. Your Personal Ticket to Freedom
What was Coal Miner Scrip?
Coal Miner Scrip was currency printed by the coal mining company and given to the employees as wages. The scrip could only be used in stores owned by the coal miner company. And these company owned stores sold inferior food and products, at inflated prices. This was an ingenious way for the coal mining companies to in-effect keep their employees as slaves. You could not simply quit and take your scrip outside of the coal miner's property and buy anything else. Coal mining workers were essentially trapped, working for a currency that was essentially worthless outside of the coal miner's land. You can read more about scrip here.
As money devalues and taxes increase, you will go from being a half-slave to a full-slave unless you own gold and silver
The Thirteenth Amendment to the United States Constitution abolished slavery. Of course, people who are determined to own human labor has found creative ways around this amendment through share-cropping in the South and the infamous CoalĀ Miner Scripts. These were ways to own human labor without having to resort to slavery, which was supposedly abolished.
We are all Half-Slaves
While we are all free, if you work and pay taxes, half of your existence is not a free one. Consider this system
- The Federal Reserve loans money to the United States treasury to print pieces of paper (dollar bills).
- The United States Treasury prints those dollar bills.
- You work for those dollar bills
- Local, State and Federal taxes take back half of the bills you worked for.
- The dollar bills you have left over are devalued by 10% to 20% a year.
That is half slavery. And as the dollar devalues, you are on your way to becoming a full slave. You will work your entire live to simply pay taxes and whatever scraps you have left over will be used to pay to feed and shelter you just enough so you can work some more to continue to pay those taxes.
At least the slaves didn't have to pay for their own food and shelter.
Silver and Gold is your Ticket out of slavery
The Federal Reserve and the United States Treasury can not print silver and gold coins. They can try to tax it. They can try to ban it. However, history shows that no government can truly conquer gold and silver. The Romans could not do it. The Germans could not do it. And America will not be able to do it.
Gold and Silver have a unique way to use America's Slavery/Tax scheme against themselves. That's because the more money is printed and taxed, the more valuable gold and silver becomes. Gold and silver is like some alien in a low-budget Sci-Fi movie - the more you try to kill it, the stronger it becomes.
How to Buy Gold and Silver and minimize your capital gains tax
One of the best ways to own silver and gold is to put it into a Roth IRA. You can add up to $5,000 in gold and/or silver. You can not deduct the $5,000 in that year's taxes. However, when you turn 59 1/2, all the capital gains made on that gold and silver is yours.
$5,000 a year is small investment to make in your retirement freedom. With the United States headed toward 90% capital gains taxes and hyperinflation, even a measly $5,000 a year in good or silver, in a Roth IRA, will compound to into big bucks which you will not have to share with Uncle Sam.
Summary
Taxation is a form of slavery. It is ownership of your labor since you are paid with dollar bills printed, with no-labor costs, by the Federal Reserve and the United States Treasury. However, gold and silver is your best weapon against the work slavery. And putting your gold and silver in a Roth IRA will allow you to keep all of your capital gains when you turn 59 1/2.
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Miss Mellie Level 1 Commenter 14 months ago
I'd give this several thumbs-ups if that were possible. You are right on the mark.