Wren Services 321-960-9362 cell
4750 Decatur Circle
321-259-4729 home
Melbourne, Fl. 32934 sarsoun@hotmail.com ——————————————————————————————–
Week of Oct.11. Civics 101 – Every once in a while, it’s good to review the basic law of the Land and figure out if things are still being done the way the Founding Father’s had planned for them to be done. When I do that, it always amazes me that people know so little how things are supposed to work.
First off, you have to remember who is in charge. It’s not the government, the President, or the Congress. It’s We, the People. We, the People of the 50 countries, the 50 nations, got together to do things in concert with each other, things that we could do jointly, certain “Federal” things that by dint of scale of economy are better done in concert. Like, for example, instead of having 50 nations issue their own stamps, we decided to have the Congress take care of that, along with the other 18 or so things itemized in Article one, section 8, of the Constitution. One of the key things we wanted them to do was coin money (A1, S8, C5). Notice it doesn’t say “print money” The paper currency we are currently using are “notes” for money, and won’t (can’t) be used for money unless these notes are redeemable for money. Notice in that same clause, the very important stricture that they are to “fix the standard of Weights and Measures”. This was very important, so the Congress proceeded to go to work and established the standard of value when it passed the Coinage Act of 1792, which fixed the standard of value as the dollar, a silver coin, 371 ¼ grains of Silver 9/10 fine. This was important, and soon the standards of the ounce, pound, quart, inch, and so on, were likewise fixed. FIXED MEANS THAT IT WAS ESTABLISHED, NEVER TO BE CHANGED. So if we fixed Silver as the metal in our dollar, and established the Silver Standard, years later, could we have gone on a gold standard? NO, THE STANDARD IS STILL SILVER.
Could we coin coins of one ounce and called them “dollars”. NO, ONCE FIXED BY THE COINAGE ACT, SILVER WAS THE STANDARD, AND 371 ¼ OF SILVER 9/10 FINE IS THE DOLLAR, BY WHICH WE PRICE GOODS AND SERVICES, SO WE CAN KNOW WHAT THINGS ARE WORTH, FACILITATING TRADE AND COMMERCE.
Now, not only did the Constitution enable but there were also sections that prohibited. Like Article one, section 10, which delineated certain powers of the States. The States could not coin money, nor could they “Make any Thing but gold and silver Coin a Tender in Payment of Debts. Tell that to the Judge the next time you get a ticket. Tell that to the tax collector.
Now here’s the clincher (I promise you will be able to sleep better at night, unless you hold Treasury instruments.) A1, s8, cl 2, says that We, the People, empower the Congress, “to borrow money on the credit of the United States”. Whoa, if the Congress has not coined any standard of value money since the 60’s, what could they have borrowed? Is it possible that there really is no humongous trillion “dollar” debt?
What it is, folks, is a huge deception, a house of cards, nay, paper.
Our whole financial system is deception. Our money system is based on a rubber ruler, stretch it one day and it means one thing, let it bounce back, it means another. The manipulators have us at their mercy. The Bible tells us of a similar situation in the Old Testament (Genesis 47) times of Joseph in Egypt, that “the money failed”. Well, lo and behold, it’s happening again.
TRADING 101 – People often ask us of our strategy of trading in 3’s. We like to establish 3 initial positions in a move. The first is our scalp trade, meant solely to cover commissions. The second third is for short to medium profits. Our last and final third is the portion that we like to hold on to “for dear life”, to squeeze as much out of a big move as possible. So if one of my clients can afford 10 contracts, when we liquidate, we are going out 3 -3 -4. It’s a simple concept that allows us some psychological leeway so that we can always feel we took something out of a trade, we had a plan, did what we thought would be best, and can come away satisfied.
For further information, contact us at 321-259-4729. Thank you.
