CMRE - 2013

1. CMRE - 2013 Nothing endures but change. Heraclitus

2. There is a general life-cycle to money • We are at the final stage of that life-cycle • We have the right to engage in enforceable gold clause contracts • States have the duty to enforce such contracts • States have the duty to implement a gold & silver monetary system Developing Sound Money, State by State Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org

3. General Life-cycle of money A Free Market Emerges 1

4. General Life-cycle of money A Free Market Emerges ☞ Free Market Money Emerges 2

5. General Life-cycle of money A Free Market Emerges ☞ Free Market Money Emerges 3 ☞ Government RegulationsEmerge

6. General Life-cycle of money A Free Market Emerges ☞ Free Market Money Emerges 4 ☞ Government RegulationsEmerge ☞ Government Monopolizes Money Supply

7. General Life-cycle of money A Free Market Emerges ☞ Free Market Money Emerges 5 ☞ Government RegulationsEmerge ☞ Government Debases its Money Government Monopolizes Money Supply ☞

8. General Life-cycle of money A Free Market Emerges ☞ Free Market Money Emerges 6 ☞ Government RegulationsEmerge F. U. D. creates Crisis and Collapse ☞ ☞ Government Debases its Money Government Monopolizes Money Supply ☞

9. General Life-cycle of money A Free Market Emerges ☞ ☞ Reemergence of Free Market Money Free Market Money Emerges 7 ☞ ☞ Government RegulationsEmerge F. U. D. creates Crisis and Collapse ☞ ☞ Government Debases its Money Government Monopolizes Money Supply ☞

10. There are great changes in monetary systems around the world as the result of FUD (fear, uncertainty and doubt) created by crisis and collapse of fiat currency systems. • “The value of money always approaches its cost of production”Dr. Larry Parks • America’s founders experienced the final stage of the monetary life cycle leading to the popular phrase “worthless as a continental” • “Since the federal constitution has removed all danger of our having a paper tender, ...” The Pennsylvania Gazette, December 16, 1789 Publisher Benjamin Franklin. Developing Sound Money, State by State Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org

11. There are great changes in monetary systems around the world as the result of FUD (fear, uncertainty and doubt) created by crisis and collapse of fiat currency systems. • “The value of money always approaches its cost of production”Dr. Larry Parks • America’s founders experienced the final stage of the monetary life cycle leading to the popular phrase “worthless as a continental” • “Since the federal constitution has removed all danger of our having a paper tender, ...” The Pennsylvania Gazette, December 16, 1789 Publisher Benjamin Franklin. Developing Sound Money, State by State Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org

12. There are great changes in monetary systems around the world as the result of FUD (fear, uncertainty and doubt) created by crisis and collapse of fiat currency systems. • “The value of money always approaches its cost of production”Dr. Larry Parks • America’s founders experienced the final stage of the monetary life cycle leading to the popular phrase “worthless as a continental” • “Since the federal constitution has removed all danger of our having a paper tender, ...” The Pennsylvania Gazette, December 16, 1789 Publisher Benjamin Franklin. Developing Sound Money, State by State Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org

13. There are great changes in monetary systems around the world as the result of FUD (fear, uncertainty and doubt) created by crisis and collapse of fiat currency systems. • “The value of money always approaches its cost of production”Dr. Larry Parks • America’s founders experienced the final stage of the monetary life cycle leading to the popular phrase “worthless as a continental” • “Since the federal constitution has removed all danger of our having a paper tender, ...” The Pennsylvania Gazette, December 16, 1789 Publisher Benjamin Franklin. Developing Sound Money, State by State Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org

14. In 1985 Congressreinstituting constitutional gold and silver coined money, creating a constitutional alternative currency system. Developing Sound Money, State by State Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org

15. In 1985 Congressreinstituting constitutional gold and silver coined money, creating a constitutional alternative currency system. • Today we the right to engage in enforceable gold clause contracts, but few of us use them because of fear of the IRS. Developing Sound Money, State by State Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org

16. In 1985 Congressreinstituting constitutional gold and silver coined money, creating a constitutional alternative currency system. • Today we the right to engage in enforceable gold clause contracts, but few of us use them because of fear of the IRS. • Thus our best solution to restore our great country to some semblance of a constitutional monetary system is to press our States – under their duty at U.S. Const. art. I, § 10, cl. 1 – to make nothing but gold and silver a tender for payments of debts. Developing Sound Money, State by State Tom Selgas, United States Bill of Rights Foundation http://www.usbor.org tdselgas@usbor.org