first majestic silver

"Not in My Lifetime"

July 11, 2002

I would like to thank all of you that responded to my inaugural article, making it by your measures a resounding success. By most accounts, it was a message that had been carried but unspoken for some time by a good many of you, a message that needed to come to the forefront and one that has since spawned new thoughts in the circles of discussions centering around gold, central planners, the New World Order and related topics. This was my hope in creating it.

There were, of course, dissenters among the responders. One or two were simply offended by the "religious" references incorporated into my discussion (how dare I foist such notions as "God" being "involved with His creation" upon the masses). Mainly, however, those who offered critical comment did so with a degree of accreditation. Their skepticism came in the form of, "These things may very well come to pass…but not in my lifetime." Of these responders, most were non-specific as to why they held this view. More or less, they reflected the laissez-faire mentality that "all things continue as they (have) from the beginning of the creation." (II Peter 3:4) Indeed, manipulators and men of self-aggrandizing scheming have been around for a very long time.

One responder in the group of skeptics, however, motivated me to research. His comment was simply that the technology connected to "the mark of the beast" did not exist today and could not for several years to come. Therefore, a system of accounting according to a gold standard by the use of biometrics was not yet possible. I believe I have found two pieces of information that will dispel this assumption and lend further credence to my assertion that the behavior of gold at this particular point in history is by no means arbitrary nor uncontrived.

The first piece of "evidence" I present to the jury is concerning digital gold. From the e-gold website (www.e-gold.com) the description of the use of gold as electronic currency is fundamentally simple. The following bullets summarize its highlights:

  • The e-currency is 100% backed by precious metals, the most popular overwhelmingly being gold.
  • You may spend specific weights of gold.
  • The bullion is securely held in the form of certified good delivery bars at repositories certified by the London Bullion Market Association (LBMA).
  • Spends are expressed in terms of eight major national currencies, allowing a Canadian to pay a German the correct weight of gold as if quoted in his own national currency.
  • It is presently used for e-commerce, business-to-business / person-to-person payments, points of service sales, payroll, bill payments, etc.
  • It is less expensive to use than credit cards and bank wire transfers.
  • It is easy to start an account, no minimum balance, no startup fees, and no credit check.

There is nothing really that needs to be explained. It is your account reflecting your money balance. No gimmicks, frills, small print, or disclaimers. Just pure and simple real money. (To those of you who enjoy the pretty pictures on the fiat paper you've grown so accustomed to, my sympathies are extended. Perhaps a hermetically sealed frame is in order to begin a collection for the memoirs.)

For the transition to currency in the time being, your electronic currency can easily be converted by the use of the X-CardTM. Also very simple, you fund your card from your e-currency account then find the nearest ATM. I haven't determined a position to take on whether a worldwide paper currency will be a necessary tool to maintain once e-currency takes hold with the masses. Vending machine companies are already on notice to make changes for the coming colored currency and could be one example of a need for such a currency, but I could just as easily see them converting to an electronic system as well. No matter, with or without a world currency, e-currency is growing in its exposure and use in the financial system. Given the state of wreck that the fiat system is propelling toward headlong, I believe that the e-currency system will have no problem rising up to fill the void. An email from one responder in Austria confirmed the ideas presented here. He stated that "the system is already running, at least partially. In some stores you can get a customer card. It has a barcode on it, just like the goods. When you go to the cashier, he first scans the goods and then he scans the barcode at the card, the money gets booked off your account…Since we joined the EC in 95 there is a huge effort to get us to pay with debit or credit card instead of cash."

With this in mind, I now move to Exhibit B, my second piece of evidence - the biometric itself. This, really, is what the whole argument hinges upon. If there is any shadow of doubt left in your mind that my argument is merited, it is because I have failed to produce any strength of credibility on this point. I present for your consideration the implant known as the VeriChip. VeriChip is the brainchild of Photographer: Greg Whitesell

Digital Angel Corporation (www.digitalangel.net) now in partnership with VeriChip Corporation, a subsidiary of Applied Digital Solutions (www.adsx.com). From the website, it is "an inert glass encapsulated microchip that is energized and transmits its information when activated by a VeriChip reader…is composed of FDA-accepted materials and contains a unique verification number that can seamlessly integrate to the Global VeriChip Subscriber (GVS) Registry" (emphasis added). The bullets below summarize the characteristics and intended uses for the VeriChip technology:

  • It was cleared by the FDA, in announcement by the company on April 4, 2002, as a technology not considered to be a regulated medical device.
  • The GVS Registry service was implemented on May 1, 2002.
  • The technology can be used in conjunction with a Global Position System (GPS) for accurate tracking of the individual to within 20 feet.
  • It has an expected 20-year lifespan and is easily injected by a shot-like inserter.
  • It is being promoted as a "universal means of identification."
  • Current uses promoted by the company include healthcare, search and rescue, transportation security, residential and commercial building access, law enforcement, and government/military security.
  • The chip itself simply contains a number that identifies the unique individual. The registry contains all pertinent information concerning that individual.

For a more in-depth look at the company's presentation I encourage you to browse the above listed websites yourselves since I need here to remain focused on its correlation to gold.

Although the technology is currently used on a voluntary subscriber basis, it is not a far stretch of the imagination to envision its use as a obligatory method of identification, especially in light of the recent efforts against terrorism, the calls for greater security, the news of heartbreaking kidnappings, etc. From a purely commercial/economic standpoint, can anyone imagine a more secure method of transacting business than to have their e-gold accounts safely guarding their "deposits" of gold while they electronically make their debits by a simple passing of their hand by a scanner uniquely identifying them (oh, perhaps with a simple PIN number added for a second level of security). And who better to back the system than the highly revered masters of bullion for more than a century, the Rothschilds, via their LBMA outlet. Everybody wins. Crime is deterred, security is enhanced, business flows, purchasing power is maintained, fraud is practically eliminated (there may be a few hackers to prosecute…they won't be hard to find). A veritable utopia of world order and stability.

And gold must be at the heart of it. It alone is the universal standard of money. Silver could just as well be incorporated. Dollars are out. Imagine telling a few members of Al-Qaeda that they'll have to surrender their dinars for some good ol' American greenbacks (or "multi-coloredbacks" as they soon will become). Gold is multi-cultural, amoral, patriotically unspecific, and meets every definition of the qualifications for money. The merger between these two technologies, e-gold and e-identification, will have ominous implications. It is here. It will be our near future.

I conclude this series of articles with this. Gold is good. In and of itself, it is an honest measure of wealth and weight of exchange. In the context of what I have described above it will be a tool used to lead many into destruction. "And the third angel followed them, saying with a loud voice, If any man worship the beast and his image, and receive his mark in his forehead, or in his hand, the same shall drink of the wine of the wrath of God, which is poured out without mixture into the cup of his indignation; and he shall be tormented with fire and brimstone in the presence of the holy angels, and in the presence of the Lamb: and the smoke of their torment ascendeth up for ever and ever: and they have no rest day nor night, who worship the beast and his image, and whosoever receiveth the mark of his name." (Revelation 14:9-11) While pursuing our shared interests in gold, let us not get "gold fever" and lose sight of the grander picture. Be watchful and be not deceived, my brothers and sisters. Keep these words with you going forward. Remember this too, "And I John saw the holy city, new Jerusalem, coming down from God out of heaven, prepared as a bride adorned for her husband…and the street of the city was pure gold, as it were transparent glass." (Revelation 21:2,21). Now that's a road I want to go down… in my lifetime!


In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.
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