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As I was watching some old western movie the other night something occurred to me that might explain America’s lingering disinterest in gold coins.

October 20, 2011 – As I was watching some old western movie the other night something occurred to me that might explain America’s lingering disinterest in gold coins.

Two crusty old pioneers had just negotiated an exchange of much needed staples and seed for a cut in the following year’s harvest. They sealed their deal with a handshake. No money changed hands and no papers were signed.

In essence, it was trade conducted in fiat money. It was a time when a man’s word was his bond, and honor held him to it. That code of honor still exists, at least within our minds.

At their core the vast majority of Americans still cling to that simple code. We want to be treated honestly and with respect and will return it in kind. But we also know when we are being scammed and we will return that too, in spades. The problem is, there is way more of the latter these days than the former.

None-the-less, we find it difficult to hold the government to the same standards. Instead we presuppose altruism in everything the government does. When Roosevelt took our gold coins there was no revolt. The government is honorable and does what is best for its people, even if its actions are beyond our ken.

When Nixon took us off the gold standard it was for the good of America. It freed the Treasury to print as many greenbacks as it thought necessary, which we saw as no more than a good faith promise. America is honorable and its promises will be kept.

Unfortunately we are stuck in what psychologists call euphoric recall. America’s honor has been pushed aside by greed and lust for power, but ostrich-like we bury our heads in sand that had run through the hourglass long ago.

There is but one way to bring back the good old days: bring back the good old values of honor, trust, and respect. Bring an end to the imperialism that has drained our coffers. Accept our failures and set on a course to make amends. Bring wealth and hope back to America by putting the government in its place and taking our economy out of the hands of bankers.

If the recent protests are any sign, as I believe them to be, the day of reckoning for the status quo is fast approaching. And the days of our disinterest in gold coins will soon pass.

Kevin Johnson

Senior Staff Writer – GoldCoin.net

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