Mooney's Bill Could Take the Gold Price to the Moon!
In this report I discuss H.R. 5404 which is a bill introduced to the 115th U.S. Congress to define the dollar as a fixed weight of gold by congressman Alex Mooney of West Virginia's 2nd congressional district.
The bill is a long way from becoming the law of the land but if it were to pass through both houses of congress and be signed into law by President Trump it could strip away the power of the central bankers manipulate the price of money and the markets.
The findings of the bill show that the U.S. economy performed a great deal better when the dollar was defined as a weight of gold prior to the creation of the Federal Reserve System in 1913.
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Great market analysis surround with alex mooney...
Your market analysis is very precious for me.. for this i always follow your blog @maneco64
Thank you for the support @prince121.
Gold does not fix his price every day at a different price
You are a great information resource and read to a successful market well done
Good analaysis about market & gold. keep it up sir.
Thanks @angelina66.
you are most welcome.
Hello, hai @maneco64! Kami follow yah.. 😃
It would be great to see you at the London Crypto Currency Show on 14th April! The following projects are coming to present:
@utopian-io Read their blog about the show:
@esteemapp Read their blog about the show:
@stach Read their blog about the show:
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Also @allasyummyfood, @stephenkendal, @anarcotech & I will present. The event doors open at 09.30am and the Steem Project presentations start at 10.15am and finish at 11.30am.
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Thanks for the heads-up @starkerz. I will do my best to attend. It would be nice to meet other steemians in person.
Cool! I hope to see you there! by the way, I have seen a few of your videos over the years! thanks so much for your detailed analysis and interesting questions you tackle! upvoted some of your other blogs! great to see you on steemit!
Hi @starkerz ! Here is the update I made today for the SP Delegations.
@Steem-Ambassador Delegations Update! 3 New Steem-Ambassadors Delegated - 16 Users in Total are Already Delegating! 10 are Steem-Ambassadors
What are your thoughts?
Regards, @gold84
I posted about this bill yesterday. If nothing else it demonstrates that congress is not completely ignorant of honest money. The thing about this that would be advantageous for the US is that a skyrocketing price of gold and a gold backed dollar would neutralise the national debt. Of course the world would also experience crippling inflation, but it would solve the big debt problem. Gold holders would also be very happy.
great information.
very interessting - Trump is a gold fan -that is known
I'm not too optimistic of this -- it would certainly destroy the fed so any real effort towards getting it realized could be met with casualties.