American States and Nations Bank Update

From Anna Von Reitz

I have established the American States and Nations Bank--- actually three banks--- (1) a repository bank, (2) a sovereign international bank and (3) a state bank operated under Article X. These serve different purposes, but overall serve the same end of securing American assets, expediting trade, and promoting the use of lawful money---- basically all asset-based currencies.

My concern is that over half the world either currently is or will soon be trading in currencies backed by precious metals. Only 1% of Americans have any gold, which leaves them unable to trade with all the countries that are or will be using gold. It also concerns me that the abuse of legal tender may lead to problems that leave Mom and Pop and the Kids back home unable to purchase simple things at the grocery store.

I have recommended (not because I am a "Gold Bug" but because I am practical) that everyone invest in at least a small amount of gold and silver sufficient to pay for basic needs for 1-6 months, or however much people can set aside. And although Karatbars is relatively expensive on a per piece basis because of the cost of packaging small amounts of gold, assaying it, etc., I have recommended it as a good idea because frankly, if things go South, the price of gold will rise astronomically. That could lead to a situation where a one ounce gold coin could be valued at $5000 or more.

Anyone who has had trouble cashing a $100 bill at a store can appreciate the problem. Can you imagine the cashiers biting the coin to make sure it is real gold, as they used to do back in the days of the Gold Rush?--- before they will sell you a loaf of bread and a gallon of milk? Or having the store manager tell you, I am sorry, but we can't "break" your $5000 gold coin into some other form of currency?

Crazy making and scary as this proposition is, it is what it is, and Americans have been told that it is coming for a long time. Silver is also our saving grace and our traditional lawful money and I advocate everyone getting some silver set aside, too.
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Editors note:  If you need silver try this link and call me at 800 889 2839
http://www.teapartysilver.com/    Paul Stramer   pstramer@eurekadsl.net

Posted by Paul Stramer at 7:41 PM