Gold operates as money without states or bankers
Gesara.news » News » Gold operates as money without states or bankersNews Date: September 20, 2020
Gold does not need the state or its bankers to operate as money, because individuals choose it as money on the market century after century. The solidi bear the names & faces of the 5 different emperors who issued them, Honorius was the last Roman emperor to rule Britain.
Everything in life eventually goes to zero.
Gold is one of the only elements in the universe that never dies.
Gold is universally recognized and adorned.
Gold is legacy wealth. Nothing else even competes.
Petition to Announce and Implement NESARA act passed under Obama administrationThe 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.
US Mint Temporarily Closes, new coin imagesLook at the date of the closing of the mint. This announcement was for public tours but when banks tried to order coins - they have been told the mint is closed.
View of new 2020 $1 coins being minted:
They don't look like anything we've seen before. These coins started in 2018 ... could this be in preparation for NESARA?
Think about this - paper money is easy to reprint, but coinage has to be minted... could it be that the mint was closed to re-tool and prepare to mint new coinage? Could it be that coins have been short due to the need for the metal to re-produce coinage?
There is a lot of stuff being blamed on the Virus - is the coin shortage really due to COVID??
Gold standard strategy and the collapse of dollarThe 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
WH can take executive action on the stimulus anywayCongress could agree on the stimulus package deal Friday but Trump floats executive action even if stimulus deal is reached.
White House is finalizing a series of executive orders addressing key coronavirus stimulus priorities if negotiations with Congress fall apart.
"I wouldn't be surprised that, if something gets left off the table, we'd be like "we can take this executive action too and be able to win on it anyway," one official said.
Polyus gold miner to switch the currency to rublesPolyus wins bondholder approval to switch currency for Eurobond payments.
Russia's largest gold miner Polyus has received permission from holders of three Eurobonds to make payments on the debt in Russian roubles or another alternative currency, the company said on Friday.