Dear truth seekers,
The noose is definitely tightening on the US dollar, seen increasingly as a non-viable global reserve currency. This also applies now, to mainstream perceptions of the Federal Reserve bank itself, as several countries, including China, entertain the serious notion of a determined return to a precious metals-backed system of international currencies....Gold being proposed as the major component.
This move would leave the fiat dollar and all fiat currencies, high and dry and at a distinct disadvantage, in comparison to precious metals, such as gold...
If fiat is only based on confidence and that confidence has all but dried up, what does it possess that encourgages value and respect...?? People and nations across the world are becoming increasingly exasperated with the dominant western financial system and seek to replace it with something of real value. Something of greater integrity. Something to trust...and manifestly real.
I predict that other BRICS nations will follow suit, if China does decide to go ahead with this daring and logical plan to back the Chinese Renminbi with gold....and that will only be the begining, as several other nations, including Germany, a non-BRICS aligned country, will feel the necessity to follow suit, as confidence in the current dollar is at an historical low...
Let us consider the recent debacle when Germany requested a return of their national gold reserves from the Federal Reserve, only to be flatly refused...Indeed, an audit of the Fed has not been forthcoming and this Amerikan charade has only created greater suspicions in Germany, that the US has stolen the gold, or sold it on....which would be theft, pure and simple.
Faith in Amerika is already waning across the world, with the PRISM programme revelations...And the Germans feel particularly disgruntled and justifiably so...
Unless the US proves that they still possess the gold, which they can't, the Germans will be compelled to join the BRICS venture, at some stage, as they are owed their gold....and the political and economic dominoes will fall against the current fiat system...
Following the inevitable fall of fiat currencies pegged to the dollar I predict that constitutional elements in America will restore a precious metals system, when the truth of criminality has finally surfaced, and the corrupt banking system stands naked before the world...with the Anglo-Amerikan cabal suitably curtailed, at last.
May our futures be GOLDEN....the end of the nightmare is in sight...
Selamat Kasijaram Zau.. (Sirian for "be blessed in the love and joy of spirit...!")
Drekx Omega, Cmdr, GFL Ground Crew (East England Sector)
Replies
It's marvellous the way digital crypto-currencies, such as "Bitcoin," can serve to provide just financial transactions, by cutting out charges and government regulation...However, when you compare the gold and silver markets to Bitcoin, you will see a vast size difference.....Bitcoin is still just a digital currency and another form of fiat, albeit a much more honourable form, free from parasitic banking corruption and government interference.............well, as yet.
Chinese Yuan has overtaken the Euro as the second largest traded currency, globally...
This places China in a more powerful position economically, in relation to the US...
Jim Rogers describes the exceptional debt of Amerika....The most indebted nation in history...thus exceptional in that regards, above all else....
As predicted, there is an ever growing impetus to replace the fiat dollar global reserve currency with something much, much more golden....
The Chinese have recently described the need to take action, in light of the recent US government shutdown, which in itself is costing billions of dollars....all wasted in political theatrics....And all because of the debt....DEBTS THAT CANNOT BE PAID TO THE BANKS...Debts that will have to be written off....
In the mean time, faith is slowing in the fiat dollar and a new way forward demanded by humanity.......
It is happening, it is real.....as I have said many times...
Some more confirmation that the future economies will be precious metals backed, as fiat currencies loose traction...See this interview of a World Bank insider and whistleblower, Karen Hudes, spilling the beans in support of the new golden alternative to the current financial money printing corruption...
oh, bring it on, Baby!
Hi Drekx,
Remember jailed Mr Nuthaus, who issued a liberty dollar and is currently awaiting his jail sentence?
Poor guy is 68yo, I understand, and faces up to 20 years. He recognized the need for protection from federal reserve fiat currency, and was consequently treated like a terrorist. He was a threat to Amerika--viewed as a sovereign citizen---(so what, we all are, and are being fooled we're not :)), and so was treated as a threat--all his wealth confiscated too.
I think his only mistake was calling the silver, coins instead of rounds. Would you believe the "government" prevents anyone possessing one of these rounds by claiming they are illegal? Mr Nuthaus is essentially a political prisoner, as is Bradley Manning, as was hoped for too by Satoero, Mr. Snowden.
As described in my article above and now confirmed in this video..."Golden dragon set to breathe fire on US dollar?"
Note that this important data is covered at 09:00 on the vid, so maybe skip straight to it...
RT has released their new video, two hours ago, which confirms the plan to back the Chinese currency (Reminbi) with gold, and so effectively internationalising it and increasing confidence...and empowering it to usefully challenge the dominant global reserve currency, the current paper-backed US dollar....thus exerting pressure for change across the world, eventually levering all to follow suit, by backing all currencies with gold, etc...and thus dropping fiat...
At present Banks train their staff on how to cheat their customers and so its time to remove all the corrupt people involved in shaddy dealings
Exactly.....!!
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