#0: EIGHTEENTH VALUN INCEPTION POINT REACHED

PNG image showing the price of gold over the last 30 days.  This chart will change with the price of gold and will be updated by goldprice.org

 Lowest exchange rate for the proposed international standard value unit - Valun - rises from $2.46 to $2.47

NOTE: There is no such thing as a Value Unit (Valun) either as a trading vehicle or a circulating currency. These estimated values represent the results of an experiment only.

On 31 July, 2020, the price of gold closed above the close on 29 July, 2020, so a new inception point, always higher, never lower is henceforth adopted. All contracts that would be in force during the brief 17^th inception period have now been raised 1 cent American to $2.47. Henceforth, no Valun will ever trade for anything less in US dollars. The new potential high, never can be reached unless gold becomes worthless, is $4.94.

The precious metals markets closed, and a newer larger piece of purchasing power is assumed by the Valun. This is all exactly according to the rules set forth in this blog's proposal. It satisfies all present law concerning alternative currencies, that no circulating token may be less than a dollar. Our proposed open account ½ Valun V-Check now stands at $1.24. It started at $1.08 so it has grown by 14.81% since April 9^th. Under the rules it can never be lower.  This rule actually makes sense for those contemplating doing business using Valuns, because the smallest part of every sale is going to be the taxes, which must be paid in THEIR money.  We want to get people used to the idea of two kinds of money, ours and THEIRS, and which kind gets used for what.

I encourage all readers with a genuine interest in this proposal to make copies of any or all of the contents of this blog, make printed copies and distribute them among your families and friends; anyone honestly interested in freedom, free PRIVATE enterprise, the right to express our will through the right to contract and the right to issue our own money, free of debt to anyone. A Valun based economy will not be based on the internet or rely on it, because as we have seen, the internet doesn't exactly belong to us either.  Our message has been consistent; if you really want something different, it must ultimately have as little to do with THEM as possible,   This proposal defeats USURY, compound interest, fractional reserve lending, deposit insurance, and many other concerns of average hard working honest people everywhere. It is getting closer all the time for us to begin organizing to make this proposal a reality.

Briefly recounting past inception points:

2 November, 2011 – First inception – V1 = $2.16
9 April, 2020 – Second inception – V1 = $2.17
14 April, 2020 – Third inception – V1 = $2.20
23 June, 2020 – Fourth inception – V1 = $2.21
29 June, 2020 – Fifth inception – V1 = $2.22
30 June, 2020 – Sixth inception – V1 = $2.23
7 July, 2020 – Seventh inception – V1 = $2.24
8 July, 2020 – Eighth inception – V1 = $2.26
20 July, 2020 – Ninth inception – V1 = $2.27
21 July, 2020 – Tenth inception – V1 = $2.30
22 July, 2020 – Eleventh inception – V1 = $2.34
23 July, 2020 – Twelfth inception – V1 = $2.36
24 July, 2020 – Thirteenth inception – V1 = $2.38
26 July, 2020 – Fourteenth inception – V1 = $2.39
27 July, 2020 – Fifteenth inception – V1 = $2.43
28 July, 2020 – Sixteenth inception – V1 = $2.45
29 July, 2020 – Seventeenth inception – V1 = $2.46
31 July, 2020 – Eighteenth inception – V1 = $2.47

It is part of this blog's experiment to keep the Valun exchange rate measurements up to date with the current prices of gold and silver.

#0: SEVENTEENTH VALUN INCEPTION POINT REACHED

PNG image showing the price of gold over the last 30 days.  This chart will change with the price of gold and will be updated by goldprice.org

Lowest exchange rate for the proposed international standard value unit - Valun - rises from $2.45 to $2.46

NOTE: There is no such thing as a Value Unit (Valun) either as a trading vehicle or a circulating currency. These estimated values represent the results of an experiment only.

On 29 July, 2020, the price of gold closed above the close on 28 July, 2020, so a new inception point, always higher, never lower is henceforth adopted. All contracts that would be in force during the brief 16^th inception period have now been raised 1 cent American to $2.46. Henceforth, no Valun will ever trade for anything less in US dollars.

Did the precious metals markets just hit their summit and prices are headed down from here?  Who knows except perhaps THEM.  It's THEIRS not yours, remember that.  That's the first lesson Riegel has to teach us, the absolute illegitimacy of THEIR money.  The second lesson is that all of THEIRS works the same way, a commodity in a monopoly position determining the prices in all other commodities.  All commodities markets are driven by speculation, betting on whether the future price of a load of said commodity is going up or down.  No producer has any control over that at all.  AT ALL.  They can participate in the markets by producing and selling into them, but the owners of the money determine the prices for everything else.  After all, the purpose of money as Riegel agreed, is to measure value in a trade, not to store value, unless the commodity used is participating in the trade; if you decide to pay in precious metals, you should get a fundamentally lower price as measured in the de jour currency ; US dollars.  The same should normally be true if cryptocurrencies are used; you should get a better price if you decide to deal in them rather than the de jour currency.  So obviously both buyer and seller have to decide to trade using them.  The same would be a requirement of participation in a Valun based parallel economy.          

Briefly recounting past inception points:

2 November, 2011 – First inception – V1 = $2.16
9 April, 2020 – Second inception – V1 = $2.17
14 April, 2020 – Third inception – V1 = $2.20
23 June, 2020 – Fourth inception – V1 = $2.21
29 June, 2020 – Fifth inception – V1 = $2.22
30 June, 2020 – Sixth inception – V1 = $2.23
7 July, 2020 – Seventh inception – V1 = $2.24
8 July, 2020 – Eighth inception – V1 = $2.26
20 July, 2020 – Ninth inception – V1 = $2.27
21 July, 2020 – Tenth inception – V1 = $2.30
22 July, 2020 – Eleventh inception – V1 = $2.34
23 July, 2020 – Twelfth inception – V1 = $2.36
24 July, 2020 – Thirteenth inception – V1 = $2.38
26 July, 2020 – Fourteenth inception – V1 = $2.39
27 July, 2020 – Fifteenth inception – V1 = $2.43

28 July, 2020 – Sixteenth inception – V1 = $2.45
29 July, 2020 – Seventeenth inception – V1 = $2.46

It is part of this blog's experiment to keep the Valun exchange rate measurements up to date with the current prices of gold and silver.

#0: World Bank and IMF Caught Demanding Lockdowns, Curfews In Exchange for Massive Loans

World Bank and IMF Caught Demanding Lockdowns, Curfews In Exchange for Massive Loans

I have no idea how long this brief podflash may be available.  Hear it while you can and put two and two together. 

So whose money is it really?  It says right on it to whom it belongs.  Even if you happen to have an account at one of the institutions that issues brands of THEIR money; are you a partner of such an organization?  Are you in any way shape or form materially responsible for the issuance of any of that money?  (Shhh.  The accounts are where all the money resides anyway regardless of what the tokens are or what they're made of.  Don't unduly annoy the "gold bugs" who imagine their dream of a gold backed money - which ARTIFICIALLY LIMITS MONEY SUPPLY - will put a stop to inflation).  NO!  It will drive the world down with deflation where those who have any of THEIR money after the collapse will be able to buy from people who have been wiped out of their life savings, etc. 

This story is actually huge.  The country in question, Belarus, has a currency called the Belarusian Ruble.  One of them is worth 41 cents American right now.  I would expect to see this and many other currencies devalued and inflation to start to take off in these countries.  What causes inflation?  THEY tell you it's too much money chasing too few goods.  But NOT ALL MONEY IS BID AGAINST ALL ITEMS AT ONCE.  So this is NOT the complete answer.

What did Riegel tell us?  He said inflation was the result of watered down currency all right, except that the cause of the watering was the mixing of "backed" and "unbacked" money.  What was "backed" in Riegel's view?  Money that the government taxed back and re-spent as opposed to money that the government newly spent, which was "unbacked."  So if all money were backed by a limited supply of gold, what would be the result?  There would be a limit to how much money there would be at any instant.  Who controls that?  The owners of the monopoly awarded the task of "backing" the money; those who own the gold mines, the mints that press the coins and the markets where the price of gold is manipulated by speculators who are directly affiliated with the other owners of the money.

What about depreciation of assets and the destruction of all money?  What about the wearing away of metal coins?  What happens when resale of depreciated assets causes money to fall off the account records?   New money must come from somewhere else economies DIE!  So THEIR economics, "sound money," all that are COMPLETELY WRONG aren't they?  Of course, because real LEGITIMATE money must originate from a buyer wanting to buy something, willing to take back the money he issues by selling something back, and whatever that money buys "backs" it.  Why are these SIMPLE ideas so hard to swallow?  THEY want it to appear complicated, mostly to cover THEIR thefts, because THEY actually own all the money, THEY let you hold onto some of it, but THEY could have THEIR best credit risk customers; governments FORCE everyone to pay THEM back THEIR money.  You think not?  It's happened before and will again.  Then what?  Are you still going to believe THEM?  I gave that up a long time ago.  THIS HERE is the only reasonable alternative and it's certainly worth your further study.  Be seeing you    

#0: SIXTEENTH VALUN INCEPTION POINT REACHED

PNG image showing the price of gold over the last 30 days.  This chart will change with the price of gold and will be updated by goldprice.org

Lowest exchange rate for the proposed international standard value unit - Valun - rises from $2.43 to $2.45

NOTE: There is no such thing as a Value Unit (Valun) either as a trading vehicle or a circulating currency. These estimated values represent the results of an experiment only.
 
On 28 July, 2020, the price of gold closed above the close on 27 July, 2020, so a new inception point, always higher, never lower is henceforth adopted. All contracts that would be in force during the brief 15th inception period have now been raised 2 cents American to $2.45. Henceforth, no Valun will ever trade for anything less in US dollars.

We are seeing some signs that the rally may be taking a pause from its almost vertical movement over the last few days. But the upward trend could just as easily continue. We remind our readers that this proposal is squarely aimed at small businesses, at entrepreneurs, at sole proprietorships, partnerships, those who understand the difference between free PRIVATE enterprise and capitalism, at those just starting out as well as all retired people everywhere. We don't know what THEY will do except to keep up THEIR facades for as long as possible. Will THEIR money and institutions fail? They have before for the very same reasons because some of the most conceited are actually the most stupid, who trust myths and legends and concoct plenty of mad science, literally anything that can be patented as owned by THEM. But THEY would rather you continue to think that THEIR money is your money when it never was and never will be because none of us issued any of it.
 
Briefly recounting past inception points:

2 November, 2011 – First inception – V1 = $2.16
9 April, 2020 – Second inception – V1 = $2.17
14 April, 2020 – Third inception – V1 = $2.20
23 June, 2020 – Fourth inception – V1 = $2.21
29 June, 2020 – Fifth inception – V1 = $2.22
30 June, 2020 – Sixth inception – V1 = $2.23
7 July, 2020 – Seventh inception – V1 = $2.24
8 July, 2020 – Eighth inception – V1 = $2.26
20 July, 2020 – Ninth inception – V1 = $2.27
21 July, 2020 – Tenth inception – V1 = $2.30
22 July, 2020 – Eleventh inception – V1 = $2.34
23 July, 2020 – Twelfth inception – V1 = $2.36
24 July, 2020 – Thirteenth inception – V1 = $2.38
26 July, 2020 – Fourteenth inception – V1 = $2.39
27 July, 2020 – Fifteenth inception – V1 = $2.43
28 July, 2020 – Sixteenth inception – V1 = $2.45

It is part of this blog's experiment to keep the Valun exchange rate measurements up to date with the current prices of gold and silver.

#0: FIFTEENTH VALUN INCEPTION POINT REACHED

PNG image showing the price of gold over the last 30 days.  This chart will change with the price of gold and will be updated by goldprice.org

Lowest exchange rate for the proposed international standard value unit - Valun - rises from $2.39 to $2.43

  

NOTE: There is no such thing as a Value Unit (Valun) either as a trading vehicle or a circulating currency. These estimated values represent the results of an experiment only.

On 27 July, 2020, the price of gold closed above the close on 26 July, 2020, so a new inception point, always higher, never lower is henceforth adopted. All contracts that would be in force during the brief 14^th inception period have now been raised 4 cents American to $2.43. Henceforth, no Valun will ever trade for anything less in US dollars.

Welcome to the highest point gold has traded in US dollars. We already see that this is not the end of the current rally in precious metals, so we anticipate more inceptions to follow.

Briefly recounting past inception points:

2 November, 2011 – First inception – V1 = $2.16
9 April, 2020 – Second inception – V1 = $2.17

14 April, 2020 – Third inception – V1 = $2.20

23 June, 2020 – Fourth inception – V1 = $2.21

29 June, 2020 – Fifth inception – V1 = $2.22

30 June, 2020 – Sixth inception – V1 = $2.23

7 July, 2020 – Seventh inception – V1 = $2.24

8 July, 2020 – Eighth inception – V1 = $2.26

20 July, 2020 – Ninth inception – V1 = $2.27

21 July, 2020 – Tenth inception – V1 = $2.30

22 July, 2020 – Eleventh inception – V1 = $2.34

23 July, 2020 – Twelfth inception – V1 = $2.36

24 July, 2020 – Thirteenth inception – V1 = $2.38

26 July, 2020 – Fourteenth inception – V1 = $2.39

27 July, 2020 – Fifteenth inception – V1 = $2.43

It is part of this blog's experiment to keep the Valun exchange rate measurements up to date with the current prices of gold and silver.

#0: FOURTEENTH VALUN INCEPTION POINT REACHED

PNG image showing the price of gold over the last 30 days.  This chart will change with the price of gold and will be updated by goldprice.org

Lowest exchange rate for the proposed international standard value unit - Valun - rises from $2.38 to $2.39

  

NOTE: There is no such thing as a Value Unit (Valun) either as a trading vehicle or a circulating currency. These estimated values represent the results of an experiment only.

On 26 July, 2020, the price of gold closed above the close on 24 July, 2020, so a new inception point, always higher, never lower is henceforth adopted. All contracts that would be in force during the brief 13^th inception period have now been raised 1 cent American to $2.39. Henceforth, no Valun will ever trade for anything less in US dollars.

Sure, it's a Sunday. There wasn't a market close today, but trading resumes every Sunday night anyway and the market sent the prices of gold above $1,915 an ounce and silver above $32 an ounce. Watch out for the “gold bugs” and their “sound money” arguments. What happens when there is no organized market, regardless of how crooked it has always been? Nobody knows then exactly what an ounce of gold or silver may bring in trade for something (whole barter) and those who believe that such would be better are delusional. Riegel was right; gold (and silver) may certainly be worth something. We're just not quite sure just what.

Yes, corrupt markets reach corrupt results, but we may be witnessing the death throws of these markets. Then what? You hear a lot about inflation. But deflation is far more certain. Sure, you would then have the potential of millions of tokens made of precious metals that could function as money floating around in various states of wear and who really knows what they're worth? A lot of people with more IDEALISM than common sense play right into the hands of the bankers and their oldest dialectic; either THEIR credit or THEIR gold. The Valun would be something independent of THEM in case THEIRS fails, because we would use the records we have of what the precious metals were worth to move forward. Besides which, whether the circulating tokens were silver or gold, money was always recorded in accounts that belonged to some king, some price, some potentate with the power to tax back the loaned money plus interest which would be money that was never issued. How has that always worked? Who benefited?

Briefly recounting past inception points:

2 November, 2011 – First inception – V1 = $2.16
9 April, 2020 – Second inception – V1 = $2.17

14 April, 2020 – Third inception – V1 = $2.20

23 June, 2020 – Fourth inception – V1 = $2.21

29 June, 2020 – Fifth inception – V1 = $2.22

30 June, 2020 – Sixth inception – V1 = $2.23

7 July, 2020 – Seventh inception – V1 = $2.24

8 July, 2020 – Eighth inception – V1 = $2.26

20 July, 2020 – Ninth inception – V1 = $2.27

21 July, 2020 – Tenth inception – V1 = $2.30

22 July, 2020 – Eleventh inception – V1 = $2.34

23 July, 2020 – Twelfth inception – V1 = $2.36

24 July, 2020 – Thirteenth inception – V1 = $2.38

26 July, 2020 – Fourteenth inception – V1 = $2.39

It is part of this blog's experiment to keep the Valun exchange rate measurements up to date with the current prices of gold and silver.

#0: THIRTEENTH VALUN INCEPTION POINT REACHED

PNG image showing the price of gold over the last 30 days.  This chart will change with the price of gold and will be updated by goldprice.org

Lowest exchange rate for the proposed international standard value unit - Valun - rises from $2.36 to $2.38

  

NOTE: There is no such thing as a Value Unit (Valun) either as a trading vehicle or a circulating currency. These estimated values represent the results of an experiment only.

On 24 July, 2020, the price of gold closed above the close on 23 July, 2020, so a new inception point, always higher, never lower is henceforth adopted. All contracts that would be in force during the brief 12^th inception period have now been raised 2 cents American to $2.38. Henceforth, no Valun will ever trade for anything less in US dollars.

So, right now, we are near the top of gold's price in US dollars. Will gold move higher? It's likely. Will we be ready for it? Of course. What if gold gets to $2,000? Then our bid is $2,500 and the Valun goes to $2.50 and never gets lower. What if gold reaches $3,000? Then our bid is $3,750 and the Valun goes to $3.75. How about $5,000? Our bid is $6,250 and the Valun goes to $6.25. From thence, it would never exchange for less. And then should the price of gold fall, the present value of that $6.25 is even higher since it takes more gold to exchange for a Valun. Such it is.

Briefly recounting past inception points:

2 November, 2011 – First inception – V1 = $2.16
9 April, 2020 – Second inception – V1 = $2.17

14 April, 2020 – Third inception – V1 = $2.20

23 June, 2020 – Fourth inception – V1 = $2.21

29 June, 2020 – Fifth inception – V1 = $2.22

30 June, 2020 – Sixth inception – V1 = $2.23

7 July, 2020 – Seventh inception – V1 = $2.24

8 July, 2020 – Eighth inception – V1 = $2.26

20 July, 2020 – Ninth inception – V1 = $2.27

21 July, 2020 – Tenth inception – V1 = $2.30

22 July, 2020 – Eleventh inception – V1 = $2.34

23 July, 2020 – Twelfth inception – V1 = $2.36

24 July, 2020 – Thirteenth inception – V1 = $2.38

It is part of this blog's experiment to keep the Valun exchange rate measurements up to date with the current prices of gold and silver.

#0: TWELFTH VALUN INCEPTION POINT REACHED

PNG image showing the price of gold over the last 10 years.  This chart will change with the price of gold and will be updated by goldprice.org

Lowest exchange rate for the proposed international standard value unit - Valun - rises from $2.34 to $2.36

  

NOTE: There is no such thing as a Value Unit (Valun) either as a trading vehicle or a circulating currency. These estimated values represent the results of an experiment only.

On 23 July, 2020, the price of gold closed above the close on 22 July, 2020, so a new inception point, always higher, never lower is henceforth adopted. All contracts that would be in force during the brief 11^th inception period have now been raised 2 cents American to $2.36. Henceforth, no Valun will ever trade for anything less in US dollars.

Let's say that instead of all the inception points reached to date, we had decided to go with the all time record price for gold. On 22 August, 2011, gold hit it's all time record price in US dollars. On that date, gold hit a spot price of $1,917.90. Our bid price would have been 25% higher at $2,367.38, which means we would expect to see exchanges pay $2,367.38 for gold, and get at least an ounce of gold bullion, which would then have backed 1,000 Valuns at that price. The inception value of a Valun would have been $2.37. Notice that we're almost there right now.

So what are the advantages of doing it the way we did? Recall I mentioned contracts that would extend back into time to first Valun inception. These contracts, which affect how many Valuns certain categories of A members would be able to issue, would reference any time congruent within the range of the Valun, from first inception right up to the present. The difference in doing it the way we have is that these people would get a few more Valuns to issue and as we are seeing, Valuns are increasing in purchasing power.

Now, all of this remains hypothetical because this proposal requires massive grass-roots organizing. How many people have any idea that anything like this might be possible? Very very few, and who talks about it among friends? Are you kidding me? With masks and social distancing disrupting society? How about all the meaningless, irrelevant and clueless references to one of THEIR brands of economics? More rubbish intended to prevent the simple from ascertaining the reality of money, finance, work, wealth, income, everything.

This proposal is for free PRIVATE enterprise. In the process, it would help eliminate poverty and eventually war itself. There is nothing like it because an alternative monetary system that doesn't rely on “commodity theories of money” and gaming to attain price stability is outside THEIR purview. THEY place a reliance on scarcity rather than seeing the world as abundant and capable of satisfying the needs of billions of people. But stupid people merely rely on something that never worked but might be relied upon to work correctly in the future instead of thinking differently. Really? Yeah. So, if this is you, don't bother critiquing anything on this blog. It's not that I'm more than ready to counter what you say, it's that I'd rather not even bother. Figure it our for yourself then. Unfortunately, it is far easier to fool someone than to convince one they have already been fooled. There will be an answer. Let it be, at least for now.

Briefly recounting past inception points:

2 November, 2011 – First inception – V1 = $2.16
9 April, 2020 – Second inception – V1 = $2.17
14 April, 2020 – Third inception – V1 = $2.20
23 June, 2020 – Fourth inception – V1 = $2.21
29 June, 2020 – Fifth inception – V1 = $2.22
30 June, 2020 – Sixth inception – V1 = $2.23
7 July, 2020 – Seventh inception – V1 = $2.24
8 July, 2020 – Eighth inception – V1 = $2.26
20 July, 2020 – Ninth inception – V1 = $2.27
21 July, 2020 – Tenth inception – V1 = $2.30
22 July, 2020 – Eleventh inception – V1 = $2.34
23 July, 2020 – Twelfth inception – V1 = $2.36

It is part of this blog's experiment to keep the Valun exchange rate measurements up to date with the current prices of gold and silver.

#0: ELEVENTH VALUN INCEPTION POINT REACHED

PNG image showing the price of gold over the last 30 days.  This chart will change with the price of gold and will be updated by goldprice.org

Lowest exchange rate for the proposed international standard value unit - Valun - rises from $2.30 to $2.34

  

NOTE: There is no such thing as a Value Unit (Valun) either as a trading vehicle or a circulating currency. These estimated values represent the results of an experiment only.

On 22 July, 2020, the price of gold closed above the close on 21 July, 2020, so a new inception point, always higher, never lower is henceforth adopted. All contracts that would be in force during the brief 10^th inception period have now been raised 4 cents American to $2.34. Henceforth, no Valun will ever trade for anything less in US dollars.

With each succeeding inception, the proposed international standard value unit or Valun increases its purchasing power, never to be devalued. If or when the price of gold falls, the Valun, representing a unit of purchasing power, not a commodity, just gets harder because it takes more gold at lower prices to buy one. As we say, money is not solely the circulating tokens. It's the accounting that matters. BTW, it has never been anything else extending back thousands of years. Anyone who belabors what the circulating tokens are made of or how many there happen to be circulating at any instant, are plain ignorant of what the real insiders have always known about money. So, it's time to relinquish the rubbish taught in most schools and get with basic common sense. Money is rational, it's about time more people understood it in accounting terms, where it has always resided.

Briefly recounting past inception points:

2 November, 2011 – First inception – V1 = $2.16
9 April, 2020 – Second inception – V1 = $2.17

14 April, 2020 – Third inception – V1 = $2.20

23 June, 2020 – Fourth inception – V1 = $2.21

29 June, 2020 – Fifth inception – V1 = $2.22

30 June, 2020 – Sixth inception – V1 = $2.23

7 July, 2020 – Seventh inception – V1 = $2.24

8 July, 2020 – Eighth inception – V1 = $2.26

20 July, 2020 – Ninth inception – V1 = $2.27

21 July, 2020 – Tenth inception – V1 = $2.30

22 July, 2020 – Eleventh inception – V1 = $2.34

It is part of this blog's experiment to keep the Valun exchange rate measurements up to date with the current prices of gold and silver.

#0: TENTH VALUN INCEPTION POINT REACHED

PNG image showing the price of gold over the last 60 days.  This chart will change with the price of gold and will be updated by goldprice.org

Lowest exchange rate for the proposed international standard value unit - Valun - rises from $2.27 to $2.30

  

NOTE: There is no such thing as a Value Unit (Valun) either as a trading vehicle or a circulating currency. These estimated values represent the results of an experiment only.

On 21 July, 2020, the price of gold closed above the close on 20 July, 2020, so a new inception point, always higher, never lower is henceforth adopted. All contracts that would be in force during the brief 9^th inception period have now been raised 3 cents American to $2.30. Henceforth, no Valun will ever trade for anything less in US dollars.

In 2 days, the proposed Valun has gained 4 cents American, we expect more within days. The surge in precious metals prices sees no sign of ending soon. Of course, this blog's experiment is not being watched, nobody is paying attention, but it is proving itself nonetheless.

I always make reference to contracts that would be in force during various inception periods because I'm referring to contracts that would be made between members and their local exchanges that would reference these dates. When reading the other posts in this blog, for some people; anyone who has been receiving any public or private pensions since Valun inception at 2 November, 2011, the proposal intends to award them 100% of their received pensions as rights to issue the equivalent value in Valuns. There's no taxes involved because these rights to issue Valuns belong to the individual will of each member. Only Valuns received as income are subject to taxation in THEIR money. That's why we keep records of where the Valun has been since 2011.

Briefly recounting past inception points:

2 November, 2011 – First inception – V1 = $2.16
9 April, 2020 – Second inception – V1 = $2.17

14 April, 2020 – Third inception – V1 = $2.20

23 June, 2020 – Fourth inception – V1 = $2.21

29 June, 2020 – Fifth inception – V1 = $2.22

30 June, 2020 – Sixth inception – V1 = $2.23

7 July, 2020 – Seventh inception – V1 = $2.24

8 July, 2020 – Eighth inception – V1 = $2.26

20 July, 2020 – Ninth inception – V1 = $2.27

21 July, 2020 – Tenth inception – V1 = $2.30

It is part of this blog's experiment to keep the Valun exchange rate measurements up to date with the current prices of gold and silver.

#0: NINTH VALUN INCEPTION POINT REACHED

PNG image showing the price of gold over the last 60 days.  This chart will change with the price of gold and will be updated by goldprice.org

Lowest exchange rate for the proposed international standard value unit - Valun - rises from $2.26 to $2.27

  

NOTE: There is no such thing as a Value Unit (Valun) either as a trading vehicle or a circulating currency. These estimated values represent the results of an experiment only.

Again, on 20 July, 2020, the price of gold closed above the close on 8 July, 2020, so a new inception point, always higher, never lower is henceforth adopted. All contracts that would be in force during the brief 8^th inception period have now been raised 1 cent American to $2.27. Henceforth, no Valun will ever trade for anything less in US dollars. The proposed Valun, or international standard value unit, a unit of exchange measurement, literally the value measurement, is a unit of purchasing power based on the price of a standard 1 oz gold bullion coin. We divide it by a thousand and that's your Valun.

It took a week this time, we expect more within days. Will gold overreach its record high against the US dollar? We have no idea. Right now, we're seeing a panic rally based on very dire information from around the globe. Those who expect the genie to be easily put back in the bottle and things going back to the way they always were, had better reassess current reality and base their actions on the most reliable risk averse strategy available.

Right now, this proposal isn't one of them, because it isn't up and running. That takes concerted private action. This is an idea that must be fully grasped by every potential member. We can't be complacent anymore about money; what it is, WHO OWNS IT, and what is likely to become of it. When I hear from enough people who have grasped what's put forth here and are willing to join it, then a Valun exchange network can be brought into existence; a monetary system running in parallel with THEIRS but owned by the members and NOT based on ANY of THEIR faulty and willfully corrupt economic concepts and traditional attributes of THEIR money; all of it commodities based and open to speculation. We'll have none of that, thank-you!

So, the bottom for the Valun is raised by 1 cent American. From the Valun's original inception back on 2 November, 2011, the lowest possible transfer of value has now risen from $2.16 to $2.27. That's a modest 5.09%, yes in a little less than nine years, but actually since 9 April 2020. It's still negligible, but demonstrates the present upward trend for precious metals against the dollar. The new top is $4.54.  BTW, you can always find the potential top that will never be reached by the current inception  Valun, just double it.  It would take gold becoming worthless, like being able to make it from dirt, for that to happen.  The Valun is NOT intended to function as a buy and hold vehicle for speculation.  

While you're waiting to see the proposed Valun score new highs against ALL of THEIR brands of money, you can get further acquainted with the proposal and just what it would take to bring it to life. Just read more of this blog.  While you read, I remind all that this is a unique proposal and will from the outset NOT ACCEPT certain economic concepts as valid, and we're frankly not even interested in any kind of debate. Those who know WHY I say it this way are those who understand the fundamental importance of free PRIVATE enterprise, accept the necessity of PROFIT, will NEVER give up PRIVATE property, are true patriots to their communities, countries and are otherwise very well adjusted people who have managed to survive THEIR propaganda. We are among those who know, have had enough, are at times quite angry but holding our temper. We represent here, in the heat of the battles of the present moment, the only thing that each and every one of us could uphold as belonging to us! It's long overdue time for action to get this going.

Oh and BTW from 2 November, 2011 when the proposed Valun came into being, for much of the time between first and second inception, the Valun was recorded at fair market value upward to $3.00 at a particularly low point in THEIR price of gold. We accomplish that using the simple present value of a past transaction entirely based on THEIR current price for an oz of gold. We remind you all that a basis for exchange for OUR money MUST be based on THEIR oldest brand and THEIR most powerful stolen fiat brand. You can't use anything else. We give silver a place at the table too. But we remind you that ALL precious metals, ALL cryptocurrencies and ALL stolen fiat national or supranational currencies, belong to THEM. THEY are, in case you missed it, an association of globalists, bankers, elitists, technocrats, satanists, pederasts, human traffickers (who also deal in drugs, poisons, weapons, etc.) and the legions of scribes (writers, pundits, fronts) and Pharisees (politicians and the clubs and networks they infest). A politician is supposedly someone who is uniquely gifted to adjust the actions of the populace under range to suit whose ends? Yours? Mine?

Briefly recounting past inception points:

2 November, 2011 – First inception – V1 = $2.16
9 April, 2020 – Second inception – V1 = $2.17
14 April, 2020 – Third inception – V1 = $2.20
23 June, 2020 – Fourth inception – V1 = $2.21
29 June, 2020 – Fifth inception – V1 = $2.22
30 June, 2020 – Sixth inception – V1 = $2.23
7 July, 2020 – Seventh inception – V1 = $2.24
8 July, 2020 – Eighth inception – V1 = $2.26
20 July, 2020 – Ninth inception – V1 = $2.27

It is part of this blog's experiment to keep the Valun exchange rate measurements up to date with the current prices of gold and silver.

#0: EIGHTH VALUN INCEPTION POINT REACHED

PNG image showing the price of gold over the last 60 days.  This chart will change with the price of gold and will be updated by goldprice.org

Lowest exchange rate for the proposed international standard value unit - Valun - rises from $2.24 to $2.26

  

NOTE: There is no such thing as a Value Unit (Valun) either as a trading vehicle or a circulating currency. These estimated values represent the results of an experiment only.

Just as predicted, on 8 July, 2020, the price of gold closed above the close on 7 July, 2020, so a new inception point, always higher, never lower is henceforth adopted. All contracts that would be in force during the brief 7^th inception period have now been raised 2 cents American to $2.26. Henceforth, no Valun will ever trade for anything less in US dollars. We never go back, always forward, and the proposal is working out just fine.

So now, in one day, the bottom for the Valun is raised by 2 cents American. From the Valun's original inception back on 2 November, 2011, the lowest possible transfer of value has now risen from $2.16 to $2.26. That's a modest 4.63% in a little less than nine years, so it's still negligible. The new top is $4.52. We expect further inception points to be reached, reminding everyone that at the highest ever price for gold back in 2011, had the Valun begun at that point, we'd be dealing with a bottom at $2.37 and a corresponding high, like a limit that can never be reached, at $4.74.

Notice that the Valun, being immune to speculation regarding its exchange value in some of THEIR money, doesn't have the ability to skyrocket to the thousands of dollars per “coin” that typify all cryptocurrencies. That's because cryptocurrencies are nothing but a false scarcity, exactly the same as betting on the values of scarce shares of stock or more copious amounts of debt instruments, etc. The Valun was never intended as a “buy and hold” investment, but designed to guarantee to preserve purchasing power over time against ALL of THEIR brands of money.

Briefly recounting past inception points:

2 November, 2011 – First inception – V1 = $2.16
9 April, 2020 – Second inception – V1 = $2.17
14 April, 2020 – Third inception – V1 = $2.20
23 June, 2020 – Fourth inception – V1 = $2.21
29 June, 2020 – Fifth inception – V1 = $2.22
30 June, 2020 – Sixth inception – V1 = $2.23
7 July, 2020 – Seventh inception – V1 = $2.24
8 July, 2020 – Eighth inception – V1 = $2.26

It is part of this blog's experiment to keep the Valun exchange rate measurements up to date with the current prices of gold and silver.