This stuff is hidden away in vaults and made to represent a standard of value for money, and a basis from which credit is measured. A nation's credit, or the value of its paper money, is appraised through international exchange methods by the quantity of gold that is stowed away in its vaults. This stacking up of bags of gold coins, and gold bars in vaults to represent the valuation of the nation's purchasing power, is not only a stupendous humbug, but has proved to be the most demoralizing and death dealing instrument ever devised to enslave, humiliate, torture, disgrace and ruin individuals and nations. About half of this gold is used for coinage and the other half is used for artistic products. The wealth of the world is several hundred times as much as the supply of gold while the annual business transactions throughout the world aggregate more than one hundred times that of money.
Gold is the great bloodsucker of wealth.
It produces nothing but absorbs everything. The use of gold as money must be made unlawful in order to eradicate its dreadful influence and break the first link in the dazzling chain that binds everybody to slavery and pauperism. Return to Contents . Return to Home Page .