ubaru
06-11-2012, 11:57 AM
<tbody>
This article is full of good facts that help clear the clouds over the propaganda that gold is somehow
not desirable or useful in comparison to federal debt notes (dollars).
Gold is still King…not the fiat currency US dollar (https://mercuryreliance.wordpress.com/2012/06/11/gold-is-still-king-not-the-fiat-currency-us-dollar/)
by Frank's Blog (https://mercuryreliance.wordpress.com/author/mercuryreliance/)
</tbody>
<img style="max-width:100%;height:auto;margin-bottom:12px;" class="yiv1152101661size-full yiv1152101661wp-image-1163" title="Gold is King" alt="" border="0"> (https://mercuryreliance.files.wordpress.com/2012/06/gold-is-king.jpg)Gold (https://en.wikipedia.org/wiki/Gold_reserve) is Money
Central banks (https://en.wikipedia.org/wiki/Central_bank) say gold is still a vital monetary asset in the global economy, so why do we continually hear the main stream media and investment banks (even depository banks), all over the world say it's a relic of the past. Some even go as far as saying that it's not money at all. Even Ben Bernanke (https://en.wikipedia.org/wiki/Ben_Bernanke) stated publicly that it is not money on the main stream television.
<img style="max-width:100%;height:auto;margin-bottom:12px;" border="0"> (https://www.youtube.com/watch?v=2NJnL10vZ1Y&w=420&h=315)
Here's some proof of a central bank stating gold is a vital monetary asset (the European Central Bank (https://en.wikipedia.org/wiki/European_Central_Bank)):
..."Gold remains an important element of global monetary reserves."
https://www.ecb.int/press/pr/date/2009/html/pr090807.en.html
(https://www.ecb.int/press/pr/date/2009/html/pr090807.en.html)
Why the bamboozle? Why do the 'people' of the world need to be fooled about gold? Why the push for dollars and other paper currencies as the prevalent so called 'assets' of the world, while the central banks hold gold for 'vital monetary assets'. The answer is that since gold was abolished in 1971 as backing for the US dollar (the world reserve currency (https://en.wikipedia.org/wiki/Reserve_currency)), fiat paper currencies could be created out thin air to infinity (debt creation), to fund just about anything the central banks wanted. Thus began the Ponzi scheme to create debt to infinity.
Here are some International Monetary Fund (IMF) (https://en.wikipedia.org/wiki/International_Monetary_Fund) links that I think everyone will find very, very interesting:
https://www.imf.org/external/np/exr/facts/gold.htm (Gold's role in the IMF)
https://www.imf.org/external/np/exr/facts/finfac.htm (Where the IMF gets it's money)
https://www.imf.org/external/np/exr/facts/sdr.htm (Special Drawing (https://en.wikipedia.org/wiki/Special_Drawing_Rights) Rights...the global created out-of-thin-air world currency that every country holds in the central banks)
https://www.imf.org/external/np/fin/data/rms_sdrv.aspx (What the SDR is worth valued in currency to the world)
https://www.imf.org/external/np/exr/facts/howlend.htm (IMF lending...POOF! here's some SDR's for you on your computer screen...Thanks!)
https://www.imf.org/external/np/exr/facts/gabnab.htm (here's your quota...interest free...thanks again!)
The IMF is basically a money laundering outfit for the central banks of the world. Sort of shadow bank that countries use to borrow and lend from each other for off balance sheet transactions. Such transactions as a country selling its gold to the IMF for its currency, then the IMF selling it back to the same indebted country to release its debt obligations to the IMF, and it not affecting the global markets (they are off balance sheet transactions). This is outright money laundering, market manipulation and currency creation out-of-thin-air at its best.
This information is all publicly accessible knowledge that can be reproduced provided the sources are mentioned (THIS ALL COMES DIRECTLY FROM THE IMF WEBSITE HERE: https://www.imf.org/external/ source now mentioned). The crazy thing is that most people seem more interested in posting 50 million votes for the next American Idol than reading about the greatest collapse of a global monetary system since the fall of Rome...it is coming sooner than we all think.
When this global fiat currency system collapses (the dominoes are already falling in Europe and other nations around the globe...including many states in the US of A), most of the global population, we're talking billions of people here, will have that 'Deer in the headlights' look on their faces and wanting answers from their governments. The answer from their governments will be the same as it has been for four years now. That the cause was the sub-prime mortgage mess or over spending, or forces beyond their control. This will lead to global governance and a new global currency being adopted to 'Save us all!' from catastrophe. But if the masses find out the real reason why the global economy has collapsed, which is the fiat currency crisis and how fiat currencies (https://en.wikipedia.org/wiki/Fiat_money) really work, they will rebel and go back to real monetary value in gold, silver and copper as it has been for thousands of years. A 'real' paper money backed by physical assets held in a vault. Assets like gold and silver that completely fit the bill for 'money'.
We will surely see governments try to print their debts away (as they already are) in an attempt to devalue their currencies and inflate away their federal debts. But the creditors will only allow that for so long and will hedge their wealth with physical gold and silver knowing full well they will soon be repaid in worthless currencies. It's happening already as many large investors are selling their paper precious metals positions in the markets (this is driving the paper prices down in the short term), and then they're buying the real physical metals to hold (the real price of these metals will soon come back to the fore front as a result).
Therefore...even though we hear statements of 'King Dollar' from CNBC and the chairman of the Federal Reserve Bank (https://en.wikipedia.org/wiki/Federal_Reserve_Bank) in the US saying that gold is not money, all we have to know how to do is READ. Read about real money and fiat currency and the links I provided above. Go to YOUTUBE and watch videos about fiat currency and gold and SDR's, silver (in many languages IS the word money), etc, etc. It's all there to view and to read in black and white. Fiat currencies ALWAYS collapse and gold has always been the safe haven money asset. Fiat currency is debt and gold and silver are money. Which one would you prefer?
Best Regards, Frank
Related articles
Spain Moves Closer to Bailout of Ailing Banks (https://r.zemanta.com/?u=http%3A//www.nytimes.com/2012/06/10/business/global/spain-moves-closer-to-bailout-of-banks.html&a=93336712&rid=0000010a-1ae0-000F-0000-00000000048a&e=876f129d4e4fa20736b120deba7f1b28) (nytimes.com)
Is Fiat Currency Finally Finished? (https://mercuryreliance.wordpress.com/2012/03/21/is-fiat-currency-finally-finished/) (mercuryreliance.wordpress.com)
JP Morgan Derivative Nightmare Unfolding (https://mercuryreliance.wordpress.com/2012/05/12/jp-morgan-derivative-nightmare-unfolding/) (mercuryreliance.wordpress.com)
Silver Markets Being Attacked by the Fiat Currency Pushers (https://mercuryreliance.wordpress.com/2012/03/22/silver-markets-being-attacked-by-the-fiat-currency-pushers/) (mercuryreliance.wordpress.com)
Coin of the Realm (https://tfoley.typepad.com/logic_of_desire/2012/05/coin-of-the-realm.html) (tfoley.typepad.com)
This article is full of good facts that help clear the clouds over the propaganda that gold is somehow
not desirable or useful in comparison to federal debt notes (dollars).
Gold is still King…not the fiat currency US dollar (https://mercuryreliance.wordpress.com/2012/06/11/gold-is-still-king-not-the-fiat-currency-us-dollar/)
by Frank's Blog (https://mercuryreliance.wordpress.com/author/mercuryreliance/)
</tbody>
<img style="max-width:100%;height:auto;margin-bottom:12px;" class="yiv1152101661size-full yiv1152101661wp-image-1163" title="Gold is King" alt="" border="0"> (https://mercuryreliance.files.wordpress.com/2012/06/gold-is-king.jpg)Gold (https://en.wikipedia.org/wiki/Gold_reserve) is Money
Central banks (https://en.wikipedia.org/wiki/Central_bank) say gold is still a vital monetary asset in the global economy, so why do we continually hear the main stream media and investment banks (even depository banks), all over the world say it's a relic of the past. Some even go as far as saying that it's not money at all. Even Ben Bernanke (https://en.wikipedia.org/wiki/Ben_Bernanke) stated publicly that it is not money on the main stream television.
<img style="max-width:100%;height:auto;margin-bottom:12px;" border="0"> (https://www.youtube.com/watch?v=2NJnL10vZ1Y&w=420&h=315)
Here's some proof of a central bank stating gold is a vital monetary asset (the European Central Bank (https://en.wikipedia.org/wiki/European_Central_Bank)):
..."Gold remains an important element of global monetary reserves."
https://www.ecb.int/press/pr/date/2009/html/pr090807.en.html
(https://www.ecb.int/press/pr/date/2009/html/pr090807.en.html)
Why the bamboozle? Why do the 'people' of the world need to be fooled about gold? Why the push for dollars and other paper currencies as the prevalent so called 'assets' of the world, while the central banks hold gold for 'vital monetary assets'. The answer is that since gold was abolished in 1971 as backing for the US dollar (the world reserve currency (https://en.wikipedia.org/wiki/Reserve_currency)), fiat paper currencies could be created out thin air to infinity (debt creation), to fund just about anything the central banks wanted. Thus began the Ponzi scheme to create debt to infinity.
Here are some International Monetary Fund (IMF) (https://en.wikipedia.org/wiki/International_Monetary_Fund) links that I think everyone will find very, very interesting:
https://www.imf.org/external/np/exr/facts/gold.htm (Gold's role in the IMF)
https://www.imf.org/external/np/exr/facts/finfac.htm (Where the IMF gets it's money)
https://www.imf.org/external/np/exr/facts/sdr.htm (Special Drawing (https://en.wikipedia.org/wiki/Special_Drawing_Rights) Rights...the global created out-of-thin-air world currency that every country holds in the central banks)
https://www.imf.org/external/np/fin/data/rms_sdrv.aspx (What the SDR is worth valued in currency to the world)
https://www.imf.org/external/np/exr/facts/howlend.htm (IMF lending...POOF! here's some SDR's for you on your computer screen...Thanks!)
https://www.imf.org/external/np/exr/facts/gabnab.htm (here's your quota...interest free...thanks again!)
The IMF is basically a money laundering outfit for the central banks of the world. Sort of shadow bank that countries use to borrow and lend from each other for off balance sheet transactions. Such transactions as a country selling its gold to the IMF for its currency, then the IMF selling it back to the same indebted country to release its debt obligations to the IMF, and it not affecting the global markets (they are off balance sheet transactions). This is outright money laundering, market manipulation and currency creation out-of-thin-air at its best.
This information is all publicly accessible knowledge that can be reproduced provided the sources are mentioned (THIS ALL COMES DIRECTLY FROM THE IMF WEBSITE HERE: https://www.imf.org/external/ source now mentioned). The crazy thing is that most people seem more interested in posting 50 million votes for the next American Idol than reading about the greatest collapse of a global monetary system since the fall of Rome...it is coming sooner than we all think.
When this global fiat currency system collapses (the dominoes are already falling in Europe and other nations around the globe...including many states in the US of A), most of the global population, we're talking billions of people here, will have that 'Deer in the headlights' look on their faces and wanting answers from their governments. The answer from their governments will be the same as it has been for four years now. That the cause was the sub-prime mortgage mess or over spending, or forces beyond their control. This will lead to global governance and a new global currency being adopted to 'Save us all!' from catastrophe. But if the masses find out the real reason why the global economy has collapsed, which is the fiat currency crisis and how fiat currencies (https://en.wikipedia.org/wiki/Fiat_money) really work, they will rebel and go back to real monetary value in gold, silver and copper as it has been for thousands of years. A 'real' paper money backed by physical assets held in a vault. Assets like gold and silver that completely fit the bill for 'money'.
We will surely see governments try to print their debts away (as they already are) in an attempt to devalue their currencies and inflate away their federal debts. But the creditors will only allow that for so long and will hedge their wealth with physical gold and silver knowing full well they will soon be repaid in worthless currencies. It's happening already as many large investors are selling their paper precious metals positions in the markets (this is driving the paper prices down in the short term), and then they're buying the real physical metals to hold (the real price of these metals will soon come back to the fore front as a result).
Therefore...even though we hear statements of 'King Dollar' from CNBC and the chairman of the Federal Reserve Bank (https://en.wikipedia.org/wiki/Federal_Reserve_Bank) in the US saying that gold is not money, all we have to know how to do is READ. Read about real money and fiat currency and the links I provided above. Go to YOUTUBE and watch videos about fiat currency and gold and SDR's, silver (in many languages IS the word money), etc, etc. It's all there to view and to read in black and white. Fiat currencies ALWAYS collapse and gold has always been the safe haven money asset. Fiat currency is debt and gold and silver are money. Which one would you prefer?
Best Regards, Frank
Related articles
Spain Moves Closer to Bailout of Ailing Banks (https://r.zemanta.com/?u=http%3A//www.nytimes.com/2012/06/10/business/global/spain-moves-closer-to-bailout-of-banks.html&a=93336712&rid=0000010a-1ae0-000F-0000-00000000048a&e=876f129d4e4fa20736b120deba7f1b28) (nytimes.com)
Is Fiat Currency Finally Finished? (https://mercuryreliance.wordpress.com/2012/03/21/is-fiat-currency-finally-finished/) (mercuryreliance.wordpress.com)
JP Morgan Derivative Nightmare Unfolding (https://mercuryreliance.wordpress.com/2012/05/12/jp-morgan-derivative-nightmare-unfolding/) (mercuryreliance.wordpress.com)
Silver Markets Being Attacked by the Fiat Currency Pushers (https://mercuryreliance.wordpress.com/2012/03/22/silver-markets-being-attacked-by-the-fiat-currency-pushers/) (mercuryreliance.wordpress.com)
Coin of the Realm (https://tfoley.typepad.com/logic_of_desire/2012/05/coin-of-the-realm.html) (tfoley.typepad.com)