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Gold Is Going To Be The New Global Currency

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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

Trump is meeting with an ex-bank CEO

Donald Trump is meeting with an ex-bank CEO who wants to abolish the Federal Reserve and return to the gold standard. Trump met with John Allison, the former CEO of the bank BB&T and of the libertarian think tank the Cato Institute.
Source:Businessinsider.com

The last bastion. President Xi Purges Chinas deep state

President Xi is launching his own war against Chinas deep state by launching a full-blown purge of the state security apparatus.
The ultimate goal of the campaign is simple: create police, prosecutors and judges who are absolutely loyal, absolutely pure and absolutely reliable.
Source:www.zerohedge.com

Such a beautiful message of peace

This is the wind of change, a Beautiful message of peace.
During the White House signing ceremony Israel projected flags of Israel, Bahrain, the United Arab Emirates, and the US onto the Old City walls as Israeli Prime Minister Benjamin Netanyahu stood alongside President Donald Trump in Washington hailing what he called "historic" peace agreements.
Sources:twitter.com, www.middleeastmonitor.com

Banks Are Restocking Gold

Banks Are Restocking Gold at Fastest Pace in Years.
The Comex vaults have been steadily depleted over the last several months, however, 1.6M ounces of gold just showed up since March 1.
This is the largest inflow since October 2020 and we are only halfway through March!
This may be simply a restock of the metal lost in Jan and Feb.
It's also possible this is being used to support the massive delivery volume being seen in the historically quiet month of March.
But a third possibility is that the banks are preparing for massive delivery volume in April.
Source: schiffgold.com

Gold is the future as inflation coming in hot

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

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