Gold is the future as inflation coming in hot

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News Date: April 16, 2021

Federal Reserve Chairman Jerome Powell keeps telling us not to worry about rising prices, assuring us that any increase in price inflation is transitory. It appears most of the mainstream is buying this hook line and sinker.
The collapse of fiat currencies will demolish the state theory of money, and not for the first time. Irrespective of how long it takes, the rapid loss of fiat currencies purchasing power means that governments will no longer be able to finance their obligations. There will, therefore, come a point where fiat money must be abandoned in the search for monetary stability. The demise of fiat is the demise of state money and the function of its replacement will be to restore public trust.
The replacement money can only be based on something in governments possession. And either in their treasury departments or central banks, other than each others fiat they only possess gold in their monetary reserves.
Sources: kingworldnews.com, schiffgold.com

Trump: Wonderful future lies ahead

President Donald Trump issued a Thanksgiving Day message:
A very interesting time in our Country, but do not worry, we will be great again-and we will all do it together.
America will never fail, and we will never allow it to go in the wrong direction.
Too many generations of greatness are counting on us.
Enjoy your Thanksgiving knowing that a wonderful future lies ahead!
Source: t.me/real_DonaldJTrump

Gold Standard on Kremlin Desk

Russian president Vladimir Putin is discussing the idea of pegging the Ruble to gold And Commodities.
If approved this would directly link Russia's currency to gold bullion for the first time in more than a century.
Linking the ruble to bullion could give Russia more "sovereignty" over its financial system.
However, the governor of Russia's central bank, Elvira Nabiullina, told reporters the idea was "not being discussed in any way".
Full article: Reuters

Crypto-Currency Act of 2020

US Lawmaker Introduces Crypto-Currency Act of 2020 While Under Coronavirus Quarantine.
The bill clarifies which federal agencies regulate which type of crypto assets. It's crucial that America remains the global leader in cryptocurrency, the lawmaker said.
Source:congress.gov

Fed to print 9.5 trillion and buy all the gold in the world

To test the value of the printed money, I suggest that the Fed prints $9.5 trillion and buys all the gold in the world, including jewelry, of 170,000 tonnes at the current price of $55.6 million per tonne. If they don't understand what will happen, I can tell them. They would have real problems getting hold of 1 tone of physical gold at that price. By the time they buy the second tonne, the market will value the dollar at its intrinsic value of ZERO, and gold measured in worthless dollars will go to infinity.
Source:goldswitzerland.com

Dutch Central Bank discussing Gold Revaluation

The DUTCH government openly discussing canceling debt by revaluation of the Gold price.
The Governor of the Dutch central bank stated the gold revaluation account ensures the solvency of his central bank in an interview on television about prospective losses.

Sources: gainesvillecoins