Gold standard

 
Part of a series of articles on Economics

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Socialism Communism Dialectical materialism Money beast Federal Reserve System Inflation Free-enterprise system Investments Gold Gold standard  

The United States abdicated her responsibility to provide the abundant life when she went off the gold standard. This happened in stages. On April 5, 1938, President Roosevelt declared a national emergency and said he was depriving American citizens of the right to own gold and use it as a medium of exchange.

President Nixon took the final step on August 15, 1971, when he suspended the convertibility of the dollar for gold internationally. We were then fully on the paper standard. In subsequent years, important steps were taken towards remonetizing gold. Legislation passed in December 1974 allowed American citizens to own gold. Gold clause contracts, not covered in this legislation, were made legal as of October 28, 1977. And, on December 17, 1985, President Reagan signed the Gold Bullion Coin Act which required the U.S. Treasury to mint and sell gold coins which have limited legal tender status. But other steps must be taken before gold circulates as legal tender in the U.S. economy. Essentially, we are still on the paper standard.

Gold and the U.S. Constitution

This is a violation of the spirit and the letter of Article I, Section 10 of the Constitution, which says, “No State Shall ... make any Thing but gold and silver Coin a Tender in Payment of Debts.”

The framers intended Congress to use gold and silver coin as money even though they did not explicitly state that Article I, Section 10 applied to the federal government. This can be demonstrated by the statements of a number of the framers, a text analysis of the Constitution and by Supreme Court decisions. The Founding Fathers’ intent is also seen in the actions of the First Congress, which in 1792 created a monetary system based on gold and silver.

At the time the Constitution was being framed, the nation was in the midst of a terrible inflation caused by the expansion of the Continental, a paper currency. During the debate over the wording of Article I, Section 10, Roger Sherman, a delegate to the Constitutional Convention, said he thought this “a favorable crisis for crushing paper money. Thomas Jefferson and John Adams both wrote about the evils of paper money.

The Federal Reserve System

But, contrary to the framers’ intent, bankers plotted to control the currency. The Civil War brought the first deviation from this system, causing steep inflation. In 1879, the U.S. returned to a convertible gold standard and prosperity.

American monetary policy began to change drastically after the passage of the Federal Reserve Act, Dec. 23, 1913, gave the banking community control of the nation’s money in violation of Article I, Section 8 of the Constitution, which gives to Congress the power “to coin money” and “regulate the value thereof.” The power to create money was given to an independent agency, the Federal Reserve Board. The Fed issued Federal Reserve notes, which became the only legal tender in America and progressively reduced the promise to exchange paper dollars for gold.

At the time of their original issue in 1914, Federal Reserve notes were 40% gold-backed. FDR revalued the price of gold to $35/troy oz. with the passage of the 1934 Gold Reserve Act, which devalued the dollar to 59% of its former value and removed gold from domestic circulation. During World War II, the gold reserve was reduced to 25%. On Mar. 18, 1968, the gold reserve requirement was entirely eliminated. On Aug. 15, 1971, President Richard Nixon suspended foreign exchange of U.S. dollars for gold and devalued the dollar again by raising the gold price to $38/troy oz.

Now the Federal Reserve system (the Fed), serving the interests of the banking community, exercises the unilateral right to expand and contract the supply of money and credit and create periods of boom and bust. The ramifications of this state of affairs are almost beyond calculation. Today we could have a financial collapse worse than the Great Depression of the 1930s. And we know that the power elite used the depression to concentrate power in the central government. Doubtless they would like to do the same in the future.

If we have another depression, it will be America’s own karma because we the people have turned over our power and our abundant life to the godless dominant minority, the same Watchers, this time coming in the guise of the bankers and their elite rulership over the Federal Reserve system and its twelve member banks.

In turning over control of our monetary system to the fallen ones and allowing them to retain it, we are giving them the power to bring about the decline and ruination of our economy. The Fed’s ability to expand credit is what is behind the out-of-control national debt, consumer debt, farm debt, domestic energy loan debt as well as the debt bomb—loans to foreign nations which will likely never be repaid. These debts taken together, especially the national debt created by deficit spending, are such a major problem that it would take a president of the stature of Abraham Lincoln and greater to turn it around.

Gold and the economy

The Ascended Masters have explained to us that gold is necessary for the stability of the economies of the nations as well as for the stability of the individual consciousness. On October 10, 1977, the Ascended Master known as the God of Gold said:

It must come to pass, then, that the people of America, first and foremost, will have access to the knowledge which you assemble from many sources as well as the Teachings of the Ascended Masters on the subject of gold. It will be necessary to write a pamphlet on gold and its meaning in civilization and to distribute it widely. It will be necessary to publish in this pamphlet a formulation of your deliberations, a modus operandi, a call to action, a deliberate step-by-step reversal of all that has been created through the secret meetings at Jekyll Island and the formation of the Federal Reserve System.

This must be challenged and reversed because it is no part of the divine plan of the United States. And it must be reversed by the process of alchemy and not by the process of sudden collapse, else it will be more destructive to the earth than any other activity that could be taken. And therefore, great safeguards must be employed.

You must realize that the violet-flame action of the Holy Spirit in the hands of Saint Germain, the Great Alchemist of all times, is adequate to effect the transfer back to the gold standard without collapsing the economy. For mankind have not reckoned with the infinite sources of gold, almost infinite, available to the people of earth, nor have they reckoned with the energy of the violet flame and the Great Alchemist. Therefore do not despair, and never allow yourselves to become negative but only well disciplined and determined....

The American people must understand the great fraud that has been perpetrated upon them by this printing of money without backing. The grinding out of money by the printing presses will surely cause the collapse of the economies of the nations.... The salvation of the soul of America depends upon the reestablishment of gold.

Changing paper into gold

in 1984 the God of Gold spoke again of the necessity of returning to a gold standard:

Gold must be in abundance in the hands of the people for trade, for commerce, as the lawful medium of exchange, value for value, of the sacred labor of the people. This wealth can never be hoarded by the fallen ones unless the people give them their God-ordained control of the systems, the coining and the distribution of money.

Let the coins be of gold and of silver. Silver is one day to become that metal, held in the Cave of Symbols by Saint Germain, which looks like silver and yet is a precipitated light-substance possessing many qualities, not only of strength but of resiliency and of being capable of carrying the higher light of Omega. Until that hour, the gold and the silver focus the light of Alpha and Omega. There must be the transmutation of the lower astral self in order for the silver to be transcended by this more precious metal, yet not so precious that it cannot represent that which has been represented by the silver coins in value.

Beloved ones, this manifestation must come forth, and it is an alchemy which you can achieve by the violet flame.... As you have a momentum on violet flame, you therefore must declare the will for the channeling of that violet flame. For it is God’s gift to you, not alone for the transmutation of karma and of forgiveness, but for alchemy....

Children of the Sun, I am the God of Gold, and I speak to you because at this very moment in the nation’s history you have four years, then, to call to me for this change in the coin of the realm. Never has there been a greater possibility. But you must increase the fervor and the call of your hearts and the realization that you are indeed alchemists of Saint Germain and you can change not only the base metals into gold but paper itself into gold!

A return to the gold standard

Many other ascended masters have also spoken about the gold standard.

Nada, June 3, 1973:

I advocate, then, your efforts, concerted in these days, for the resurrection of the divine economy in America and the world. For no matter what form of government the forces of darkness attempt to implement, the form of government which shall prevail is that government which is based upon the divine economy.

For the governing of a planet and its people is the governing of the flow of energy from God to man, from man to God. And the medium of exchange that is used by the peoples of the world and how they qualify that medium determines whether that economy shall be divine or human. And therefore it is the tampering with the standard of gold and with the honest equation of the flow of light between hearts of light that can cause the downfall of nations and of the planetary body.

Lanello, October 8, 1977:

I must tell you, then, that the primary target against America is her economy.... And therefore the commitment and the responsibility that is upon you is to pray earnestly for the health and the protection of the supply in the United States, of its flow, and of the entire economy.

We must look at reality, beloved ones! There are those in power today who are callous, who have no feeling whatsoever regarding humanity but act only in their own best interest. When it serves their interests, they preserve a healthy economy. When it serves the international interests that America should go down, a simple adjustment in the banking rates will affect enormous millions of people and the entire flow of energy as supply. The devaluation of the dollar, the putting of the dollar off the gold standard, constant inflation—all of these are manipulations of the sacred fire, of the great flow of God’s consciousness, which ought not to be tampered with!

I tell you that gold is the only safety valve for the changing of the value of material supply, and therefore a nation that is not on the gold standard economically has built its house upon sand, and when the wind and the waves come it will come tumbling down. This is why it is necessary for students of light to always remember to prepare for the rainy day and to be careful with supply and to be careful with energy.

El Morya, July 2, 1979:

The United States has become the forcefield chiefly opposed by the fallen ones in every nation, and of course they have always used economic measures to move against the children of light. These measures have been stepped up by manipulations in the Federal Reserve System, in the banking houses, and the putting of America off of the gold standard. I could have told you in the hour, in the moment of that event, of the ultimate decay and collapse of the monetary system.

All nations have gone this way. Therefore, sons and daughters of liberty and children of the light will realize that the greatest act of patriotism that you could muster for the Woman and her seed and for the abundant life is to campaign for the return to the gold standard. This has many complications, as you know, and many would suffer loss. And truly, there would be a period of hardship. But I say, hardship is better than death, and freedom is better than slavery!

Today, America, you exist under the most horrendous slavery of all—economic slavery. You are the enslaved Israelites, and I am come in the mantle of Moses to deliver you, if you will.

Saint Germain, February 17, 1980:

This generation of Americans and their prosperity is built upon the credit system. The increase of the money supply has created an unreal concept of the abundant life. While some have become millionaires through inflation, others have been robbed of the fruits of their sacred labor. Thus the synthetic self has built its synthetic economic system, and the illusion of a materialism without God and of mechanization without the presence of the Holy Spirit has produced a wholly unreal consciousness of the abundant life.

The surfeiting of the people in consumer products bought with unsound money unbacked by a gold standard has produced a profound insecurity in the American people, a subconscious resistance to take the responsibilities of living and working together in the cosmic honor flame to produce the abundant life that is the only true foundation for a golden-age civilization....

Let the value of life rest upon a gold standard that comes from the golden rule, which is the principle of the divine economy—do unto others as you would have them do unto you. This golden rule is applied to the gold of the heart, the golden wisdom that serves the needs of the community through love—applied love that becomes compassion, charity, and the sharing of the joys of the abundant life with those who entertain the impoverished sense.

The Goddess of Liberty, February 14, 1998:

To have the victory of the economy requires tremendous diligence. Even we do not know the outcome, for we have been without the stability of a gold standard for many, many years. Therefore you desire to reverse this, and this is the ultimate challenge. But you must look at other aspects of the economy as well, for the absence of the gold standard is not the only problem with the economy.

Therefore, blessed ones, it is important that you study what is at hand, what truly causes this nation to be compromised as well as what causes it to move forward. Many of you understand this and it is indeed very important for you to understand what is happening beneath the surface, what is happening in those places where the economy is compromised.

There is also compromise at the level of the president of the United States. There is compromise in all areas. A gold standard is not sustained when there is compromise, for a gold standard means a golden standard. This golden standard requires every son and daughter of Liberty within this nation to carry the standard of truth, the standard of the God of Gold, the standard by which they say, "We will raise our civilization to the heights of a golden age."

This is a tall order, as you know. But since you desire to take it upon yourselves, I, the Goddess of Liberty, intend to assist you in this calling and in this mighty mission.

For more information

The God of Gold, “The Divine Alchemy of the Cosmic Interchange,” Pearls of Wisdom, vol. 52, no. 7 & 8, April 1 & 8, 2009.

See also

Gold

God of Gold

Federal Reserve System

Sources

Elizabeth Clare Prophet, “The Abdication of America’s Destiny,” Part 2, Pearls of Wisdom, vol. 31, no. 23, June 5, 1988.

Pearls of Wisdom, vol. 25, no. 43, October 24, 1982. endnotes.