Dollar standard rejected in the era of gold
Gesara.news » News » Dollar standard rejected in the era of goldNews Date: September 18, 2020
Peter Schiff said he thinks we are about to see a gold bull market rivaling the 1970s because the world is going to reject the dollar standard and go back to a gold standard.
Ray Dalio:Within the next five years you could see a situation in which foreigners who have been lending money to the United States wont want to, and the dollar would not be as readily accepted for making purchases in the world as it is now.
There have been efforts by numerous countries (led by China and Russia) to dethrone the US Dollar as the world's reserve currency. China has been reducing its exposure to the Dollar for a long time, and both China, as well as Russia, have been stocking up on gold in recent times.
Central banks added 650 tons to their reserves in 2019, the second highest shift in 50 years, after the 656 tons added in 2018. Before the 2007-09 financial crisis, central banks were net sellers of gold worldwide for decades. Leading the recent spree has been China, Russia, Turkey, Kazakhstan and Uzbekistan.
China can escape the fate of a dollar collapse by tying the yuan to gold. There is little doubt she has access to sufficient gold. Currently, her interest is to preserve the dollar, not destroy it, because it is the principal means of Chinese foreign interests being secured.
Sources: www.fxstreet.com, uk.news.yahoo.com, seekingalpha.com
The year the author was referring to is when the London Gold Pool existed. The group was comprised of several central banks, which dumped their gold reserves to keep bullion price at $35 per troy ounce. Middelkoop says that now we can see the second London Gold Pool is failing.
NESARA section 6: Returns Constitutional Law - the formation of Restore the Republic PAC.
Section 8: Establishes new elections. The interim government will cancel all National Emergencies and return us back to constitutional law. - The Military.
Section 9: Monitors elections - Quantum Voting System (QVS).
Game Over! Thanks for watching Castle Rock!
Israel and the United Arab Emirates reached a historic peace deal on Thursday that will lead to a full normalization of diplomatic relations.
This will advance the region, and this will advance the whole world.
This is GESARA, for those who want more proofs.
Did anyone notice how Trump pronounced the Pfizer vaccine-like FISA vaccine?
Trump said Pfizer perfectly clear, the other 3 times it is FISA, as in unsealed FISA Warrants.... which will be delivered via our military as evil folks are arrested. Gold...NESARA/GESARA. Vax = Arrests.
President Trump announced the COVID vaccine rollout within 24 hours. Note the curtains. He is... backed by gold.
Patriots believe that he is saying FISA instead of Pfizer in this speech. President Trump could be announcing DECLAS within 24 hours, including military intervention at this point and a big step towards the gold standard.
Sources: twitter.com, inteldinarchronicles.blogspot.com