Judy Shelton's Vision for a Gold-Backed Treasury Bond
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Date: November 27, 2024
Renowned economist and advocate of the gold standard, Judy Shelton, has once again brought the conversation on sound money to the forefront.
In a recent post on X, formerly Twitter, she posed a thought-provoking question:
"Why don't we use our gold as collateral for a new Treasury debt instrument?"
Shelton has proposed an innovative mechanism for reintroducing the gold standard—a 50-year Treasury bond convertible into gold, to be issued on July 4, 2026, under the initiative of President Donald Trump.
This move, she argues, could symbolize a return to fiscal discipline and monetary stability, aligning with the principles of America's founding.
A former economic advisor to President Trump, Shelton has been a vocal critic of the Federal Reserve and its monetary policies.
Her latest book, Good as Gold: How to Unleash the Power of Sound Money, delves into the historical and practical benefits of a gold-backed monetary system, highlighting its potential to curb inflation, stabilize currencies, and restore trust in the U.S. dollar.
Banks in Big Trouble. Seismic events on the horizon
Banks are making desperate moves. Wells Fargo is shutting down all existing personal lines of credit in the coming weeks and no longer offers the product.The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. It is a trend which is due to continue.
The new Basel 3 regulations seem set to encourage this trend, despite retail depositors being accorded a stable funding status. Central bank digital currencies are anticipated to augment and perhaps replace non-financial business credit over the next five to ten years.
But the increasing financialisation of commercial banking brings the risk of tying its future firmly to a financial bubble. And with price inflation on the increase, it is only a matter of very little time before that bubble bursts.
Sources: www.cnbc.com, www.goldmoney.com
Zimbabwe introduces new digital currency backed by gold
Zimbabwe to create new digital currency backed by gold.As part of efforts to stabilize the local currency, the Reserve Bank of Zimbabwe (RBZ) is preparing to launch a digital currency backed by gold that will be accepted as legal tender for transactions in the nation.
The RBZ will take the first steps toward using the nation's gold reserves to anchor the Zimbabwe dollar with the introduction of the digital gold tokens, a kind of electronic money backed by gold stored at the RBZ.
Huge NESARA vows in Trumps tweets
President Donald Trump tweets on October 05, 2020:BIGGEST TAX CUT EVER, AND ANOTHER ONE COMING.
MASSIVE REGULATION CUTS.
BETTER & CHEAPER HEALTHCARE.
PEACE THROUGH STRENGTH (BRING OUR SOLDIERS HOME).
PRO LIFE!
SPACE FORCE.
Sources:twitter.com, www.foxbusiness.com
NESARA Dawn of the Golden Age
A video for all NESARA skeptics, A very long in-depth Explanation of NESARA, its history, and all the details you could need.Part 1 - Dawn of the Golden Age - Discuses how Saint Germain helped bring about the beginnings of an enlightened era that soon fell into darkness under the helms of the Illuminati and a corrupted masonic order.
Part 2 - The American Federal Empire. America was always meant to be always a shining beacon of freedom and prosperity to the world. But the machinations of British bankers and the Rothschild's soon destroyed all that was once good in this great land.
Part 3 - The Farmer Claim Program - Discuses how a class-action lawsuit brought about in the early 1990's lead to the creation of NESARA, the National Economic Security and Reformation Act which will ultimately tear apart the New World Order and bankers plans right out from under their feet.
Sources: www.youtube.com
Russia China will lead the world to gold standard
The process of fiat money collapse is currently underway and that gold, property and productive assets like manufacturing factories can be used to rebuild the economic system.A combination of China and Russia would be the two countries that will lead us back to having a currency backed by precious metals.
China has multiples of what they report in gold reserves, that they probably got 20,000+ tons of gold reserves.
Russia is actually in a very-very good position: they have very low debt, they don't run large deficits, etc. They got a very large natural resource economy as well.
As a result, when the things come crashing down that the first two currencies that go to a gold backing are China and Russia.