Indian Sovereign Gold Bonds
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News Date: December 22, 2022
The Reserve Bank of India (RBI) has announced the Sovereign Gold Bond Scheme 2022-23 - Series III, which will be open for subscription during December 19-23, 2022.
Sovereign Gold Bonds, or SGBs, are issued by the Reserve Bank of India on behalf of the Indian government as an alternative to physical gold.
These gold bonds can be sold only to resident individuals, Hindu Undivided Families (HUFs), trusts, universities, and charitable institutions.
These bonds offer a superior alternative to holding gold in physical form. The risks and costs of storage are eliminated.
Sources: indianexpress
Why is gold valuable?
Gold is abundant enough to create coins but rare enough so that not everyone can produce them. Gold doesn't corrode, providing a sustainable store of value, and humans are physically and emotionally drawn to it. Societies and economies have placed value on gold, thus perpetuating its worth.Gold cannot be destroyed by Water, Time, Fire.
Gold doesn't need Feeding, Fertilizer, Maintenance.
Gold is Malleable, Ductile, Beautiful, Rare.
Sources:tizzime.com, https://www.investopedia.com
Gold Is Going To Be The New Global Currency
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
Executive Order related to NESARA
Executive Order on Establishing the Presidents Advisory 1776 Commission.The American founding envisioned a political order in harmony with the design of the Laws of Nature and of Natures God, seeing the rights to life, liberty, and the pursuit of happiness as embodied in and sanctioned by natural law and its traditions.
This Executive Order was issued on 2nd Nov, the day before the election. Looks like Trump enacted NESARA 120 days from there, under the guise of an educational executive order.
Sources: www.whitehouse.gov
WH Petition to Release SWISSINDO, NESARA, GESARA Gold
White House Petition: I Demand my $6m gold Payments, 1-11, for each of 7.6 billion people, under SWISSINDO, NESARA, GESARA International LawsCreated by N.C. on October 07, 2020
United States is violating all International laws, by trading illegally, outside Gold Mandate Laws of SWISSINDO, NESARA + GESARA, thereby causing Destruction, Impoverishment and Enslavement of Humanity, under US Corporate Dictatorships globally.
Sources:petitions.whitehouse.gov
A new global financial system
An economist predicts the emergence of a new global financial system.The Russian economist, Anton Tabagh, said that the current system of monetary relations and trade settlements has been in crisis for a long time, but the recent geopolitical events may take another dimension and form.
The economist expressed confidence that the new system is in the process of taking shape.
Sources: search4dinar