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.[1]
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.[2] 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.[3] 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.[4]
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.[5] 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. They began, as we saw in Part 1, at Jekyll Island in November 1910. The Federal Reserve Act which they designed 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.”
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.[6] 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 the formation of the Federal Reserve system
... must be challenged and reversed because it is no part of the divine plan of the United States.... 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.[7]
Changing paper into gold
The God of Gold spoke in 1984 of the spiritual alchemy necessary for a return to the 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![8]
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
Sources
Elizabeth Clare Prophet, “The Abdication of America’s Destiny,” Part 2, Pearls of Wisdom, vol. 31, no. 23, June 5, 1988.
- ↑ Ron Paul and Lewis Lehrman, The Case for Gold: A Minority Report of the U.S. Gold Commission (Washington, D.C.: Cato Institute, 1982), p. 129.
- ↑ Murray N. Rothbard, The Mystery of Banking (n.p.: Richardson & Snyder, 1983), p. 254.
- ↑ See “Turning Paper into Gold: Joe Cobb’s Alchemical Formula for a Healthy Economy,” The Coming Revolution: The Magazine for Higher Consciousness, Summer 1986.
- ↑ Edwin Vieira, Jr., Pieces of Eight: The Monetary Powers and Disabilities of the United States Constitution (Old Greenwich, Conn.: Devin-Adair, 1983), pp. 15–36.
- ↑ Notes of Debates in the Federal Convention of 1787 Reported by James Madison (Athens, Ohio: Ohio University Press, 1966), p. 542.
- ↑ Vieira, Pieces of Eight, pp. 237–51.
- ↑ The God of Gold with God Tabor, Pearls of Wisdom, vol. 23, no. 23. and Pearls of Wisdom, vol. 23, no. 24., December 1 and 15, 2010.
- ↑ The God of Gold, “The Divine Alchemy of the Cosmic Interchange,” Part 1, Pearls of Wisdom, vol. 52, no. 7, April 1, 2009.