Ben Bernanke Admits to Ron Paul that SILVER IS A CURRENCY!

The last time Ben Bernanke gave his semi-annual Federal Reserve monetary policy report to the House Financial Services Committee, we were treated to The Bernank's testimony to Ron Paul that gold is not money, it is merely tradition.
Ron Paul has somehow topped that today, resulting in Fed Chairman Ben Bernanke admitting that SILVER IS A CURRENCY!!!
Paul asks Bernanke if he does his own grocery shopping, and when The Bernank replied 'yes', Paul immediately cut him off, stating 'no one believes the 2% inflation rate,' and 'someone is stealing our wealth!'
Paul then pulled a silver eagle out of his pocket, and informed Bernanke that in 2006 the coin could purchase 4 gallons of gas, today, it can purchase 11, and stated 'That's preservation of value!!'
The Bernank's response? 'Anyone can hold whatever currency they want'

silverdoctors.blogspot.com...


3:55 is where it gets good

There is only one serious issue to be address in the last 99 years of presidential debate - The Federal Reserve

Good for Ron! Put it right in Bernakes face. You're the man Ron!

Originally posted by PageAlaCearl

The last time Ben Bernanke gave his semi-annual Federal Reserve monetary policy report to the House Financial Services Committee, we were treated to The Bernank's testimony to Ron Paul that gold is not money, it is merely tradition.
Ron Paul has somehow topped that today, resulting in Fed Chairman Ben Bernanke admitting that SILVER IS A CURRENCY!!!
Paul asks Bernanke if he does his own grocery shopping, and when The Bernank replied 'yes', Paul immediately cut him off, stating 'no one believes the 2% inflation rate,' and 'someone is stealing our wealth!'
Paul then pulled a silver eagle out of his pocket, and informed Bernanke that in 2006 the coin could purchase 4 gallons of gas, today, it can purchase 11, and stated 'That's preservation of value!!'
The Bernank's response? 'Anyone can hold whatever currency they want'

silverdoctors.blogspot.com...

edit on 2-3-2012 by PageAlaCearl because: (no reason given)

edit on 2-3-2012 by PageAlaCearl because: (no reason given)

That's right, you can hold whatever currency you want. So if or when the Fed bank note or T Bills go belly up, and are worthless.... People can turn back to Gold and Silver... O wait, not too many people own or invest all that much into silver, and every sold all their Gold to the 'Gold Guys'... a bunch of smart cookies yall are.

Physically own silver and gold... period. "."

s & f for you sir.

When we have a system that allows the people who are printing the money to control the value of money and those same people are printing money for themselves and buying gold and hiding the gold away.. this is the most disgusting illegal system that we have working for us.

Ben Bernake is a criminal and doesn't give an F what anyone thinks, he is paid to take this abuse and misdirect the attention of the public away from the master minds.

Perfectly legal to hold silver or gold.... for now.