Gold Is Going To Be The New Global Currency
Gesara.news » News » Gold Is Going To Be The New Global Currency
News Date: August 24, 2021
America not only has record debts but the Fed keeps creating dollars as the tsunami of money cheapens the worlds leading currency.
A man who is connected in China at the highest levels said gold is going to be the new global currency.
Central banks bought 90 tonnes this spring and data player Palantir Technologies bought $50 million in gold bars in August.
US taxpayers and investors require their attractive insurance policy against rampant government spending and currency depreciation.
Gold is such an asset since it has no counterparty risk. It will become more valuable as more money is issued to finance government spending.
Sources: financebrokerage.com, kingworldnews.com
High frequency gravitational wave generator Patent US10322827B2
The present invention is directed to a high frequency gravitational wave generator which includes a high frequency gravitational wave generator including a gas filled shell with an outer shell surface, microwave emitters, sound generators, and two acoustic vibration resonant gas-filled cavities.Sources:patents.google.com
Petition at W.H. to help the Germans to free from Merkel
Petition created at White House to help the German people to free themselves from Angela Merkel and her shadow government.Created by B.H. on July 04, 2020.
Angela Merkel (born Aniela Dorota Kazmierczak, then "Germanized" in Angela Dorothea Kasner) has been the German Chancellor since 2005 and is presumably a DEEP STATE Puppet and is probably bought and manipulated by George Soros.
Source: petitions.whitehouse.gov
Gold standard strategy and the collapse of dollar
The dollar is no longer pegged to gold, but it is still the world's reserve currency. Over 60% of the foreign bank reserves are currently held in US Dollars.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
Treating gold and silver as money
May 12, 2024 update: Nebraska ended capital gains taxes on sales of gold and silver With Gov. Jim Pillen's signature.Older news:
42 states have removed some or all taxes from the purchase of gold and silver.
And there are new bills pending now in five of the eight remaining states, i.e. Tennessee, Mississippi, Kentucky, Hawaii, and New Jersey.
In 2019, the Sound Money Defense League teamed up with sound money advocates in West Virginia to eliminate sales taxes on precious metals.
A similar effort will be considered in Olympia, Washington.
Passage into law would relieve some of the tax burdens on investors, and would also take a step toward treating gold and silver as money instead of as commodities.
Repealing these taxes knocks down one barrier that might keep some investors from considering physical metal for their portfolios.
Source: fee.org
US Debt Relief: Creditor Law Group Wipes Out $1B+
Creditor Law Group has made a significant impact by nullifying over $1 billion in debt for households across the US, providing relief amidst record-high levels of household debt.As the popularity of debt relief options such as debt invalidation grows, the complex process offers relief by challenging the validity of debt.
Optimal results are achieved by working with specialized lawyers in this field.
"One common method to invalidate debt is to challenge the validity of the related documentation.
During reviews of the relevant paperwork, we have often found that important information is either missing or incomplete.
Sometimes, a creditor may lack the proper documentation to prove that the debt is valid.
In certain cases, debt invalidation can be based on violations of consumer protection laws, as when a creditor engages in unfair or deceptive practices.
Typical violations include harassment by debt collectors, misrepresentation of the amount owed, or unauthorized charges."
Creditor Law Group explains.