Would Silver-Backed Mexico Peso Surpass US Dollar? Inquisitr
go to original July 15, 2014

Silver's Monetary Rise (VisionVictory)

Ever since the creation of the Federal Reserve, the U.S. dollar has been backed up by the estimation of what its value is. Prior to that, we used to back it up with gold, ergo the gold standard. For those who don’t believe that, check out the quick video we uploaded here on The Inquisitr all about it.

The fact that our dollar’s value is also plummeting like a rock says a lot, especially with the creepy message about our dollar that was presented earlier this year. In short, we probably need to get rid of the Federal Reserve and back our dollar with a commodity, such as gold again. There is a reason why all that gold sits at Fort Knox.

It looks like that we won’t be the first country to realize that backing our money with a commodity is a good thing. Reports are now coming in that Mexico now wants to leave the fiat money system behind and back out their currency with silver.

Read the rest at Inquisitr

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