{"id":14041,"date":"2011-02-01T19:20:28","date_gmt":"2011-02-02T02:20:28","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=14041"},"modified":"2011-02-01T19:20:28","modified_gmt":"2011-02-02T02:20:28","slug":"virginia-legislature-wants-the-commonwealth-to-be-the-golden-state-california-accedes","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14041\/virginia-legislature-wants-the-commonwealth-to-be-the-golden-state-california-accedes\/","title":{"rendered":"Virginia Legislature Wants The Commonwealth To Be The Golden State. California Accedes."},"content":{"rendered":"

Worried about a dollar collapse?\u00a0\u00a0 Virginians may worry less because their legislature\u00a0 is proactively investigating solutions<\/a>:<\/p>\n

WHEREAS, various systems of alternative currency employing gold or silver, or both, in the form of coin or its equivalent in bullion have already proved themselves in the free market, and could either be employed by the Commonwealth directly or be used as models for a new system created by the Commonwealth to meet Virginia\u2019s unique needs; and<\/p>\n

WHEREAS, the adoption of an alternative currency consisting of gold or silver, or both, would not destabilize the present monetary and banking systems<\/strong>, the Commonwealth\u2019s governmental finances, or Virginia\u2019s private economy, because it would not compel or commit the Commonwealth or her citizens to employ such alternative currency to the exclusion of the Federal Reserve System\u2019s currency immediately, but would merely make the alternative currency available, and enable it to be used in competition with and preference to the Federal Reserve System\u2019s currency, to the degree that the need for such use became apparent; and<\/p><\/blockquote>\n

Governor McDonnell (R-VA) claims the resolution would be unconstitutional, that the powers to coin money rest with the federal branch of government<\/a>.\u00a0 I don’t think that matters.\u00a0 The Virginia Resolution simply recognizes that a competing currency might be needed should the US currency collapses.\u00a0 That resolution could very well be the “shot heard ’round the world”.<\/p>\n

Americans of all walks of life, from the CEO in the corner office to the cop walking the corner beat are following the price of gold and silver daily.\u00a0 Some are actually buying the precious metals, too.\u00a0\u00a0\u00a0 Wall Street, in its typical fashion, developed a derivative product to sell to its customers.\u00a0 The bankers and brokers claim GLD and SLV are a more simple approach to hedging portfolios with an exposure to precious metals.\u00a0 Guess what?\u00a0 It may be harder to find the actual metals, held by the Wall Street mutual funds, than the mortgages packaged in the collateralized debt obligations.\u00a0 GLD and SLV may be empty vaults<\/a>; perhaps a scam.<\/p>\n

I started moving money into silver about Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Worried about a dollar collapse?\u00a0\u00a0 Virginians may worry less because their legislature\u00a0 is proactively investigating solutions: WHEREAS, various systems of alternative currency employing gold or silver, or both, in the form of coin or its equivalent in bullion have already proved themselves in the free market, and could either be employed by the Commonwealth directly […]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[],"class_list":{"0":"post-14041","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-investment","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":8783,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8783\/are-our-customers-entitle-ed-to-better-fees\/","url_meta":{"origin":14041,"position":0},"title":"Are Our Customers EnTitle-ed To Better Fees?","author":"Brian Brady","date":"June 6, 2009","format":false,"excerpt":"Admit it.\u00a0 You've wondered if there was a lot of fat in title policies, didn't you?\u00a0 I mean, how many claims does a title company REALLY get in this \"nobody trusts anyone\" market?\u00a0 We order a title commitment and the title company: performs a detailed search of the property's chain-of-title\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9034,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9034\/repeal-proposition-13-or-file-chapter-13-to-be-california-leftist-politicians-cry\/","url_meta":{"origin":14041,"position":1},"title":"“Repeal Proposition 13 Or File Chapter 13 !” To Be California Leftist Politicians’ Cry","author":"Brian Brady","date":"June 28, 2009","format":false,"excerpt":"I've been critical of California's Proposition 13 because of its progressive nature. It penalizes immigrants and younger families to favor older, wealthier nativists.\u00a0 Howard Jarvis' intent was to stop the California's Legislature from its runaway spending; the Legislature did no such thing. In fact, the California Legislature has increased spending,\u2026","rel":"","context":"In "Big Mother"","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2168,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2168\/green-building-will-soon-be-invisible\/","url_meta":{"origin":14041,"position":2},"title":"Green building will soon be invisible","author":"Jim Duncan","date":"November 5, 2007","format":false,"excerpt":"This year brings a different story - most want to know the monthly utility bills, some ask whether rain barrels (referred to as a \"god-send\" by my neighbor, in the context of Virginia's current drought) are allowed by the HOA, others want to know if they can put up a\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1962,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1962\/is-greenspan-to-blame-for-the-housing-crisis-and-if-he-is-is-this-entirely-a-bad-thing\/","url_meta":{"origin":14041,"position":3},"title":"Is Greenspan to Blame for the Housing Crisis? And, if he is, is this entirely a bad thing?","author":"Greg Swann","date":"September 23, 2007","format":false,"excerpt":"The second half of a US News dyscomium on Alan Greenspan's Fed:The global spread of capitalism has increased inflation-dampening competition throughout the world and allowed investors to accept lower yields when investing in bonds. What's more, globalization has boosted incomes, in Asia and beyond. That has expanded the pool of\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2874,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2874\/as-california-goes-so-goes-the-nation\/","url_meta":{"origin":14041,"position":4},"title":"As California Goes, So Goes the Nation","author":"Sean Purcell","date":"April 1, 2008","format":false,"excerpt":"Sometimes local news is national in nature.\u00a0 This is often true when it comes to California.\u00a0 With such a large population and a history of \u201cactive\u201d politics, many of the laws and regulations that California passes eventually migrate to other states; sometimes this is reminiscent of a rainbow spreading across\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18580,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18580\/overnight-news-to-get-around-the-realty-bots-go-where-theyre-not-to-the-mailbox\/","url_meta":{"origin":14041,"position":5},"title":"Overnight News: To get around the Realty.bots, go where they\u2019re not \u2013 to the\u00a0mailbox.","author":"Greg Swann","date":"November 5, 2021","format":false,"excerpt":"I'm playing with some new ideas for 2022. 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Just lately, on a training podcast with Brian Brady, I mentioned that the way to get\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/14041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=14041"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/14041\/revisions"}],"predecessor-version":[{"id":14042,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/14041\/revisions\/14042"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=14041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=14041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=14041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}