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The First BREXIT – 260AD

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QUESTION: Mr. Armstrong, thank you for your excellent commentary. Could you comment on the monetary system in Britain during the period following Rome’s waterfall event? I would be especially interested in the period following the capture of Valerian I through the 9th century.

MG

Carausius Denarius2

ANSWER: I suspect that the purpose of your inquiry is the loose history taught in Britain that there was a usurper in by the name of Carausius (287-293AD). He actually did reintroduce silver which compelled monetary reform in Rome under Diocletian (284-305AD).

Postumus AU Aureus as Hercules - R

Effectively, there was a previous usurpation which was really a separatist movement you can call ancient BREXIT. That was led by Postumus (260-268AD) who made his move for power upon the capture of Valerian in 260AD. Interestingly, there were 34 intervals of 51.6 years from 260AD that brought us to 2014/2015 for the rise of BREXIT. At least cyclically, it was on time and this was just one component that the computer attributed to the success of the BREXIT referendum.

Image result for Constantius I gold medallion

I have written the full account of the rise of the next attempted usurpation by Carausius. While the first separatist movement failed when Postumus’s successor Tetricus I surrendered in 273AD ending the Gallic Empire, the next usurpation came into play 14 years later in 287AD with Carausius. This attempt at a separatist movement was ended by the father of Constantine the GreatConstantius I Chlorus. This is a medallion showing him entering London.

 

Pre Post Roman

After the fall of Rome, we see gold Thrymsa appears in Britain around 620AD. There begins a debasement process and by 675AD (about one 51.6-year ECM wave) what use to be gold vanishes and is replaced with silver. We see a brief political issue of gold under Offa (757-796). Other than that issue, gold does not reappear again until Henry III in 1257.

 

Anglo Saxon Debasement 7th century