Central banks gold reserves switch
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News Date: March 11, 2022
The central banks are increasingly concerned about inflation, and the major ones start giving out signals that they won't let inflation run too hot, even if it means slower growth.
In commodities, the upside potential in gold is more than just a safe haven hedge, as the rising geopolitical tensions and the latest sanctions imposed on the Russian central bank will bring the central banks around the world to reconsider their FX holdings, and start shifting towards a nationless gold.
Source: youtube.com
Waller confirmed to Fed Board. WH supports Shelton
By a completely partisan vote of 48 to 47 (though Rand Paul voted against), The Senate confirmed Trump nominee Christopher Waller to the Federal Reserve Board of Governors - filling one of the two vacant slots on the influential economic body.The White House remains confident that Ms. Shelton will be confirmed and is fully supportive of her candidacy, a White House spokesman said Thursday.
Her beliefs:
- eliminating the Feds independence and federal deposit insurance
- returning the U.S. to a gold standard
Sources: www.forexlive.com, www.zerohedge.com
Supreme Court justice to serve the American people
Amy Coney Barrett said Saturday that, if confirmed as a United States Supreme Court justice, she would assume the role to serve the American people.Judge Amy Coney Barrett: "I love the United States, and I love the United States Constitution."
Sources:twitter.com/WhiteHouse, www.whitehouse.gov
Debts going down, Gold rate up
Look at US debt clock!Despite pandemic, Total personal debt and credit card debt are going backwards.
This reminds NESARA first section:
Cancels all credit card, mortgage, and other bank debt due to illegal banking and government activities. Many refer to this as a "jubilee" or complete forgiveness of debt.
Debts clock:usdebtclock.org
Gold, metals rates are going up!
NESARA 10th section:
Creates a new U.S. Treasury rainbow currency backed by gold, silver, and platinum precious metals...
Gold clock:usdebtclock.org/gold-precious-metals.html
Petition to Announce and Implement NESARA act passed under Obama administration
The petition to Announce and Implement the ACT - NESARA reached its goal of 5000 Signatures under Obama administration.It was created by F.P. on September 28, 2011 and reached 6,623 signatures.
Source:petitions.obamawhitehouse.archives.gov
Why is gold valuable?
Gold is abundant enough to create coins but rare enough so that not everyone can produce them. Gold doesn't corrode, providing a sustainable store of value, and humans are physically and emotionally drawn to it. Societies and economies have placed value on gold, thus perpetuating its worth.Gold cannot be destroyed by Water, Time, Fire.
Gold doesn't need Feeding, Fertilizer, Maintenance.
Gold is Malleable, Ductile, Beautiful, Rare.
Sources:tizzime.com, https://www.investopedia.com