Welcome to Wealthcommon Currency Central
In earlier America, the American dollar was derived from an established amount of
gold or silver based on the popular coin of colonial times -- the Spanish
milled dollar. Paper receipts for gold and silver
warehoused by private enterprises and private banks circulated in the
first part of the 1800s. Before the Civil War, both private mint
and government precious metal coins were in circulation together. The private mintage actually had a knack
for containing a little more silver and gold. These are examples where
the currency in America had physical limits on production and
thus a natural rarity, true value and stability from an
However, there were times in American history where the currency
caused trouble and chaos. One was the Continental currency, a paper-only
money printed during the Revolutionary War. States printing their own money
contributed to the inflationary loss and economic hardship during and after those times. Then three
national central banks successively rose and fell suffering the fraud, scandal and inflationary
consequences of their paper monies. When the Civil War came
about, paper money was issued which resulted in inflationary economic
hardships that undoubtedly made reconstruction more difficult.
In other times, history has recorded the debasement arising from such paper
money systems like Argentina's relatively recent banking crisis, pre-Nazi Germany,
18th Century France, the Russian Federation's ruble and from long ago the
clad-metal debasement of Roman coinage which accompanied the empire's downfall.
Let us instead adhere to a system of exchange where the face value of the currency
is much better proportioned by precious metals instead of using today's intrinsic low value
notes riddled with national debt.
|Current Conversion Rate:
1 Silver Wealthcommon (2 oz.) = $75
Wealthcommon face value in USD will not decrease. It will
remain constant until an adequate increase in silver's value becomes
established long term and/or the US dollar's value adequately
decreases long term. Even when silver goes low, a wealthcommon beats the
inherent proportions of paper notes.
*After the tax deadline occurring at the end of Monday, April 18, 2011 - the face value
of the Wealthcommon will rise to $75. Further official appreciation on hold at least until after an anticipated correction in silver plays out. Thus
any potential production beforehand would be halted.
*Wealthcommon face value is made up of the value of silver contained,
production costs plus leeway to accommodate the short-term fluctuations
You can compare the face value to prices of similar silver coins of the
Note the purchase
minimums and the shipping charges of each site. (Wealthcommon face value usually includes
* Cost example: Silver low and high ($19 -
$30). Minting cost is $3/ounce ($6/wealthcommon). Thus 2oz. silver costs: $38 to $60
plus $6 minting = $44 to $66 for a wealthcommon. Then consider shipping,
year engraving and any plastic capsule charges per wealthcommon.
*There are currently no silver certificates or smaller Wealthcommon
*The term 'legal tender' simply denotes the official national currency
exclusively accepted by government for taxes or fines due. This
does not mean other currencies or barter cannot be used for commercial, private
or general public use. Therefore, a wealthcommon cannot be referred to as 'legal tender'
but it is a lawful medium of exchange.
*The Wealthcommon is called a currency, mintage or silver rounds -- not
'coins' or 'money' because such terms are reserved for
government circulations. (We're talking absurd legalism here folks -- like who the hell
*Different denominations of the Wealthcommon currency are
planned. Distribution will depend on popularity of the
current unit Wealthcommon.
*Larger proportions of your precious metal savings can
be put into insured storage facilities like GoldMoney or Pecunix to harbor your
metals safely from fire and theft. Unfortunately, government confiscation or impedance may be another
matter to deal with. Replenish, cloak and disperse your at-home, smaller amount, precious metal circulations in strategic quantities
taking such matters into account. Arm yourself as the civil order will eventually break down.
*American Commonwealth Republics is a cyber, ideal vision of America
advocated by the
Commonwealth Party . Circulators and acceptors
of wealthcommons do not need to agree with the policies of the Commonwealth
Party any more than passers of U.S. Dollars need agree with Democrat or
Republican policies, their manipulated two-party ballot system nor the
financial antics of the Congress and the Federal Reserve. Wealthcommoners
do have an enthusiasm for precious metal currencies and eliminating the debt.
Ask Yourself About the Dollar and the Wealthcommon:
(1) Do you prefer a paper currency dependent on the promises of
- Who gave us the paltry, failing Social Security system?
- Who waste and over spend government revenues?
- Who use trickery and deceit in their accounting and budget practices?
- Who flaunt corporate welfare and bailouts?
- Who created the punitive, convoluted income tax code, I.R.S.
and the welfare state?
Would you prefer a currency dependent on precious metals?
(2) Do you want to circulate a currency whose buying power falls
long term due to inflation and its debt base?
Do you want to circulate a more stable currency whose buying
power can rise especially in the bad times likely to come because of the
national debt, fiat reserve notes and government mismanagement of our economy?
(3) Do you trust the nation's paper currency loaned from
foreigners and banksters which has no direct commodity backing while its current intrinsic
production value is a mere 3 cents regardless of the paper denomination?
Do you trust a silver currency that is debt-free whose
silver content and production cost is more proportioned to the face value
which is set adequately higher to stabilize the currency above common fluctuations
in precious metal cost?
(4) Should you depend on a currency that is a heavy profit on paper notes
for the banksters who issue it? This is not to mention the foreign and domestic sponsors who loan
it out while it heads for collapse.
Should you depend on a currency that can preserve its buying power
and buoys if silver soars higher long term as the dollar ultimately falls?
(5) Do you want an unconstitutional, illegal currency due to
its nil precious metal backing whose issuance is controlled by a constitutionally unauthorized
bank association granted power by an abrogating congress and whose deposits are allocated within a fractional
reserve (musical chairs) banking scheme?
Do you want a legal, precious metal, private
currency that is not a mechanism of collusion between politicians and
If you said yes to the latter arguments, then the Wealthcommon
is your more favored currency.
.....Forget the Dollar
Imagine if your employer asked that instead of giving you paychecks, they could give
you a cash advance off a company credit card where you would pay the interest.
cash advance you got in compensation as wages would
automatically deduct a minimum based on the interest of previous cash advances as pay.
Would you agree to that deal? Of course not! Yet, when you accept the current
US dollar, you are accepting a note or bill that is basically a collective promise to pay off
the compounding interest on a cash advance from the Federal Reserve 'credit card'.
Whenever the politicians
need to create easy money to spend on otherwise unaffordable pork and spending programs, they too
implement the Federal Reserve's cash advance system.
Even with overall economic growth,
the more money created to sustain economic circulation is also distributed as a cash
advance to the masses!
Endgame for the U.S. Dollar:
A silver or gold currency's value is tangible, upfront and inseparable.
If the powers at-large want to take advantage of you, then they will
implement a paper-only currency whose value is by declaration (fiat).
Such a currency circulates today that is linked to a national
account where they can make secret deals in smoke-filled rooms, spend thrift
into debt while appearing to keep financial stability by paying you
with more of their paper ' I.O.U.' money. This is the currency we have
today -- Federal Reserve Notes.
The Federal Reserve is akin to a national credit card where every dollar
is distributed with interest due, paid back to holders of Treasury Bonds (or securities).
Some banksters can make enormous profit via the difference between the face value
of their currency and its intrinsic production value -- not to mention the
return on interest. Politicians can make vast promises and they gain much power
by implementing the paper money. If they cannot realistically pay (or
immediately tax) for some pork project or programs for social bribery
then they can simply have the money printed up. If the economy falters, there
is the temptation to simply print more easy money to keep things rolling.
Consequently, as time passes the ratio of actual labor and production to the amount of
money in circulation drops. The interest and debt owed to the backers of the
easy money increases and the long-term value of the currency lowers which reflects this collective
monetary policy of the nation.
With this type of monetary policy, cycles occur with alternating inflation
and deflation while the occurrence of particular events and indicators can differ. Let's step into a
scene where there has been a notable period of low interest rates
encouraging the borrowing of easy money. As more money circulates, prices begin to rise and in the mean time wages are
slower to make up the difference. Some call on commercial credit markets
to fill in the voids in order to sustain their living
standards which results in more forwarded money being created. A bubble occurs where
speculators borrow to sell ever rising demand assets. After too much sloppy leverage there is a series of defaults
that triggers a credit crunch. Businesses stagger and cannot borrow to
continue production and growth. A deflation occurs
where commodities and asset prices fall as inventories build up while
consumers cannot borrow further to spend and with job losses on the increase. As the pain progresses, a panic of
bailouts and stimulus is enacted by government. Down the road this results in price inflation as
liquidity soaks into the system. Now to fund the government intervention there must
be either higher taxation or government borrowing. Overall, as the cycle progresses
the system cannibalizes itself as more money is produced, more debt accrues, mania ensues, assets liquify, financials get bailed out,
government grows and dollar value falls while job markets and living standards
drop further. The order of these events can vary greatly, but heavy debts, growing government
and a falling dollar are the endgame symptoms for the money system.
When creditors really pull out and money production halts there is
a deflationary depression -- factories stop, inventories stagnate, prices
drop to hopefully attract sales while people clench their money. Another
scenario is a hyperinflationary crisis where money is produced
with abandon trying to keep up appearances and hold economic activity afloat while suffering
enormous debt obligations and steep drops in currency value -- sometimes
overnight. (Could a stagflationary depression be another possibility?) Notice that these two scenarios are actually acted out on a
weaker scale during 'normal' times, each acting as a justification for the highering or
lowering of interest rates by the Federal Reserve. Thus it is obvious
that this type of monetary system destroys itself by slowly implementing successive
boom and bust cycles via the money supply, increasing debt while
lowering currency value until there is no room left to compensate for a
massive deflation or a hyperinflationary collapse of the economy. Thus, the
need for a Federal Reserve to 'manage' the money supply is really a
consequence of having such a fiat money system in place to begin with which
is incrementing its own destruction!
Luckily in the U.S. this monetary cycle has been greatly stretched out,
but nonetheless the eventual end is the same for even a wealthy, superpower
nation with a good work ethic. America has been vastly drained of vitality
from such a paper money system. And that's not only in economic terms but social terms
as well. Paper money concentrates easier wealth in the
hands of some elites and worsens conditions for the poverty level, thereby
amplifying the absurd luxuries of elites and their wanna-bes while
manifesting a state of desperation and crime at the poverty level, cheapening
the culture as a whole. Look at some of the notorious examples of today's
lifestyles of affluent depravity and chrome-plated degenerates.
Meanwhile, you do pay the direct and indirect costs of the Federal Reserve
'credit card' through its money laundering income tax which invokes imbedded compliance costs
(20-30% of every dollar you spend) plus inflation, lower wages, lost job opportunities, the need
for and obligations of increased private credit and of course
more government growth. However, if the powers had to issue a precious metal
currency then they could not produce easy money at will. They with everybody else
would have to work for their money -- starting with the gold and silver miners
who harvest the metals out of the mines. The money would have a much higher
intrinsic value in relation to its circulation value. There would be no need for
perpetually increasing rates of money production because gold and silver generally retain
buying power. Plus there is a better check and balance on the incentive to grow the national money
supply which will keep it more in tune to economic growth and population expansion. As with
petroleum, adequate gold and silver can be found to satisfy the circulatory
demand. And because living standards are less likely to suffer the inflation, interest and deficits with a gold and
silver currency, less credit is needed and thus less debt results. The money system becomes even more secure
by abolishing fractional reserve banking.
Now can we just grow out of the debt? How so can we grow
out of the debt while using the Federal Reserve 'credit card' monetary
scheme? Have you ever known anyone to grow out of debt using a credit
card? Can we export our way out? Well, we have of late imported more than we have exported so foreign capital
cannot be counted upon for net influx. The Euro may look better for a time, but it is essentially in the same mess
since Europe is also in debt. Also many foreign banks and currencies are sured by
the depreciating US Dollar. An assortment of world paper currencies abound, modelling themselves after
the fiat US Dollar. And don't be fooled with US dollar rallies or any fiat currency rallies
as far as a long-term indicator of security. These basket indicators measure the fiat currencies relative
to one another. So, one may look stronger for a time but that can be just because the other currencies in the index are
getting relatively weaker. Despite some historical periods of perceived strength in paper money and of confidence in central banks and definitely discounting the
manipulations of governments, bank cartels and the complacency of fooled populations -- an adjusted long-term measure against gold, silver or even something like oil (minus the supply disruptions) will
tip off the true nature and ultimate decline of fiat currencies. Similarly, over time the price of fast food combos, movie tickets and even ganja are much
truer indicators of a fiat currency's performance and final destination as opposed to indexes of floating fiat currency baskets.
All these trends indicate that the dollar and the other paper monies' downfall isn't just an American problem -- it is a
worldwide economic problem looming.
It is obvious why the checks and balances of a precious metal money
system drove the writers of the Constitution to demand such a money for
the use of the nation.
BEFORE THE END OF THE LAST DECADE (NAUGHTS or AUGHTIES) 'THE GREAT
COLLAPSE' OF FIAT CURRENCIES WAS LIKELY TO TAKE PLACE. THIS OF COURSE INCLUDED THE CURRENT
WORLD RESERVE CURRENCY -- THE U.S. DOLLAR. WE DID SUFFER BURST OF THE HOUSING BUBBLE, A CREDIT
CRUNCH AND THE FINANCIAL CRISIS OF 2008 WHICH SOME SAY WAS ORCHESTRATED FOR THE ELECTION. DESPITE
NOT YET SUFFERING A TOTAL COLLAPSE, THE SCENARIO INDICATES WE ARE NEAR THE BRINK OF WHAT WILL
BE CALLED 'THE GREATER DEPRESSION' BECAUSE NOTHING WAS TRULY FIXED.
WORLD CENTRAL BANKS ARE SWAPPING DOMINOES OF THE SOVEREIGN DEBT CRISIS. WRETCHED
FEDERAL RESERVE NOTES ARE EVIDENCE OF MASSIVE AMERICAN DEBT. THE FED IS JUST PRINTING (OR UPLOADING)
MORE OF THEM THROUGH QUANTITATIVE EASING (Q.E.) WHICH ONLY DELAYS AND EXACERBATES THE INEVITABLE.
HOWEVER, WE CAN MITIGATE OR PERHAPS AVOID A BREAKDOWN
IF WE ENACT TRUE ECONOMIC RELIEF. WE NEED ECONOMIC RECONFIGURATION, NOT
MORE SPEND-THRIFT STIMULI LADEN WITH PORK FOR POLITICAL INTERESTS.
GO TO: ECONOMIC RECONFIGURATION PLAN
PLEASE FORWARD IT TO YOUR REPRESENTATIVES AND FRIENDS.
Generally, initial transactions will depend on personal acceptance by field employees.
This will be accomplished by presenting business cards before obtaining goods and services
and then offering the currency. The cards
act as a facsimile of the currency which includes additional text that will explain the advantages and function of the
Wealthcommon. The cards will help illustrate that the currency is not meant for deposit at the confiscatory banks but
is instead to be used as a personal savings refuge for the upcoming dollar/bank collapse. Accordingly, it is
to be sparingly spent or distributed as change to patrons along with the accompanying cards to facilitate acceptance and to
raise awareness of the impending Great Collapse & Greater Depression.
Besides business cards, brochures and posters will be implemented to further awareness and acceptance
of Wealthcommon currency.
Visit the links below to learn more about precious metals, alternative currencies, strategic financing and other issues concerning your money.
Kitco monitors precious metal markets
everyday plus they have loads of information with articles, graphs and links for precious metal
investors and spectators of the collapsing dollar. They also sell gold/silver coins & bullion.
GoldMoney is a gold 'bank' that
converts paper money to gold and back again in various currencies. Use it
just like a bank savings account or you can pay for goods by transferring gold or its equivalent in fiat
currency to other users. They now also warehouse silver too. Protect your savings and ride the coming tide in gold
and silver at GoldMoney.
Pecunix & BullionVault are similar
operations like GoldMoney. They warehouse your gold for paper money and can
convert it back again.
Liberty Dollar silver and gold rounds were distributed by a group formerly known as NORFED (Nat'l Organization for the Repeal of the Federal Reserve).
The pieces had been circulating since 1998.
Liberty Dollars were also available in digital (eLD) and paper form (silver and gold certificates).
Previous versions of the currency have doubled or more in face value and users were able to send their
rounds in for re-minting.
Liberty Dollars were the most widespread alternative precious metal currency in physical
circulation and a recent forerunner in that regard, but the government raided them and shut it down in what appears to be an effort to protect the failing US dollar.
UPDATE: A kangaroo court came up with a guilty verdict against the Liberty Dollar founder. Note that the Liberty Dollar administrators made known to the federal and local governments what
they were doing and yet they were not raided until the year 2007! Liberty Dollar had disclaimers that it could not be
referenced as an official government-issued money of the United States -- only that it was a lawful currency that
could be circulated in combination with official current money. There were complaints where it was found that
banks would not accept them despite initial acceptance by faith of field merchants and patrons and the irony is that faith alone backs
our official and current fiat monetary system. Conversion back to US dollars was available, though not convenient. Meanwhile, end-of-line holders
of the currency have seen its value skyrocket in metal content and its
listings. It is not illegal to put "$", "dollar(s)" or "USA"
directly on merchandise and doing same to integrated price tags does not make items to which they are attached illegal currency when bartered. Therefore taking these and other arguments, the whole case against the Liberty Dollar is moot.
AOCS Mint functions as an umbrella issuer of
copper, silver and gold rounds to be circulated on behalf of various organizations in order
to make statements about independence or sound money.
Equity Trade Note issued by Dan El
Private Estates is a unique way to circulate gold. Since gold is the most malleable metal, it is possible to laminate an
"embossed" foil between paper and polymer and then circulate that as true money. Brilliant!
The Amero is a supposed currency for the North American Union. 'Ameros'
can be purchased and are said to be just a promotional item. A bit expensive but they can be a collectible.
Visit the eBay
listings as well to shop around.
E-dinar provides online accounts denominated in the mintage that Kelantan province in Malaysia has begun circulating which are gold and silver dinars and dirhams.
This is in order to get away from dependency on fiat paper and the U.S. dollar.
Both Bullion Direct and
APMEX are clearing houses for various coins and bullion. Some
are foreign or historic. Look for showcase specials. You may also find novelties and accessories like
banknote sets or plastic bullion cases. Registering is necessary to buy items.
Northwest Territorial Mint carries
some gold and silver coins plus bullion. Look in their bullion sections which
have platinum and palladium as well as gold and silver.
Sunshine Mint also sells bullion products and
like NTM above services custom mint designs. Their minimum order requirements may be higher. Check with them
to find out.
Goldmasters is an online
seller for gold, silver, palladium and platinum coins and bullion. Notice their shipping charges
and their quotes and premiums over spot price.
Goldseek is an
investor-oriented site that relays all kinds of information about the gold market. For
silver there is Silverseek.
The Bullion Desk
offer similar links, information and charts like Goldseek and Kitco plus some of their
own unique contributions and different sources to visit.
The Street is an all-around
market and economic resource for all types of investors and business types. They
have features about equities, trade, money supply, bank policy, commodities markets (oil, base metals,
wheat, cotton, gold) and how all these may intertwine and effect each other. The Street
also has articles and video pertaining to financial and market strategy. Interviews and
advice on various aspects of finance and investing avails to you from within the
nation's market capital.
Dollar Collapse is a site managed by a co-author of a
book on the same topic. The first chapter of that book is posted along with news links concerning the unfolding economic
and currency collapse and its causes and effects.
Shadow Government Statistics illustrates that what the government tells
us about the economic indicators and any justifications for our monetary policy are pure bunk. See
what our true unemployment, inflation and other figures are as opposed to the quotes based on the "inventive"
government formulas or hypie-market playas.
Coinflation demonstrates how low the value
of our clad coins is to the face value minted on them. Historic dimes, nickels and quarters are
quoted according to the value of precious and commodity metals they once held. The comparison shows
how our money has been debased and the loss of purchasing power of today's dollars.
Bank Implode monitors the banks to see which ones are in threat of collapse. Is your
bank really safe enough to keep your money there?
Austrian economics should be studied and pursued. Learn about its attributes and principles and how it came into being. Comparisons are made to other schools of economic
thought. Note the section on inflation and its causes and effects.
Sound Money Bill is an effort in New Hampshire to get
the state government to transact in gold and silver with resident businesses and citizens. The options would be to exchange in
Federal Reserve Notes or instead chose the gold & silver coin.
Mexican Civic Association For Silver makes the case
for the Mexican banks to circulate silver in the national interest. Silver is a Mexican resource and has had
a significant role in its history.
Here resides a list of kaput and current local alternative currencies in the U.S.
which attempt to escape the control of the state corporatist money flows and the Federal Reserve. These currency
projects wish to help insulate and boost the economies of their communities.
Bitcoin is a grassroots, decentralized digital currency. Its supply is controlled by digital
"mining" and its value maintained by inherent scarcity, usefulness and real-world supply and demand.
Antarctica Dollars are a collector issue on polymer
paper. They are exchangeable for U.S. dollars and have been sent to Antarctica.
MoneyArt is an artist's site depicting the look of
imaginary but convincing currencies - some with a social commentary.
Barter News illustrates the advantages of using barter perhaps in the form of business scrip or "company
money". Barter networks and exchanges further prosperity by enabling transactions without need of loans and interest or other possible cash flow obstacles.
Reciprocal trade allows for getting
goods and services at lower cost while expanding exposure of your company which can provide more potential customers. The positives of barter
will become more sought in a harsher economic climate while barter itself will function as a necessary substitute for
our demised paper/electronic fiat cash systems. The site has link pages to national and international companies that facilitate
Economic Collapse Blog points out the
Bancor as the IMF's world unitary, fiat currency originally named and proposed by John Maynard Keynes and its function
will be that of a global version of the Federal Reserve. Now if we want real stability and ease we should
use gold and silver as the international exchange mediums instead of another debt scheme which will subject the masses to
economic slavery and subvert national sovereignties like the Bancorp will.
Quote of current national debt, breakdown of how Congress spends revenue department
by department. Interest payments, dollar value and various links to solutions
and activist sights on the national debt.
Site for the Bureau of the Public Debt, an agency of the U.S. Treasury. They borrow money
for the national government through selling Treasuries and bonds. This agency pays and redeems the
interest on such securities. Site contains a link to the daily tally of the
national debt down to the penny.
Stansberry & Associates put up this sobering overview of where the financial system
now sits. If you have about an hour and fifteen minutes you will be exposed to many of the
facts before the pitch to subscribe. Their reports and newsletters are about preparing for the crisis and how to
protect your assets.
FairTax advocates an end to the abusive and
burdensome income tax and to the I.R.S. Income tax is replaced with a 23% consumption sales tax.
Before checkout, retail items will price 20-30% less when the FairTax is enacted. The lower price is due to the
disappearance of imbedded costs that were attributable to the income tax. After checkout, the cost of new retail items is
nearly the same as when they rung up during the income tax era. However, one's paycheck no longer deducts federal withholding
so you have more money while paying nearly the same for the new stuff you buy. Their site documents the whole plan and makes its case with various
studies. Investigate the plan for yourself.
To ask questions or to order wealthcommons, you can
contact Wealthcommon Currency Central.
Wealthcommon Currency Central
last revised May 2011