Gold – everlasting, beautiful, money.
This video, from the Financial
Times is a perfect example of the miseducation, the conditioning, I’ll
even say to go so far as brainwashing about gold that has taken place. A lot
of things people think they know about gold are completely wrong. The
important things you should know about gold are very much unknown to most
people. ~Jim Rickards
For the past 100 plus years the Federal Reserve has conducted a campaign
against the virtues of gold. First, in 1933 using the Office of the
President, they stole our gold through Executive Order 6102.
After this rather unsuccessful effort the real campaign began. Sometime
after World War II the word “gold” was, basically, eliminated from everyday
language and conversation. Yes, people in the Western world, still discuss
gold when the subject of jewelry is brought up, but people don’t really
understand gold and why or how it functions as money. Make no mistake about
it, gold is money even today. If gold is not money then explain to me why
central banks, around the world, including the United States central bank,
the privately owned, Federal Reserve stores physical gold and accounts for
it, as an asset, on their accounting ledger? The cost of storing gold is no
small expense, especially if you are talking about a storage facility like
Fort Knox. To be 100% clear, gold is money, period.
Why is gold money? There are plenty of good reasons why
gold is money. One of them is: what else could be money? You’re not going to
want something that’s radioactive; you’re not going to want something that
dissolves in water; you’re not going to want something that’s impossibly
scarce, you want it to be scarce but not too scarce. You don’t want a gas
that’ll go up in the sky. ~Jim Rickards
China has been promoting the ownership of Silver and Gold to it’s
Citizens since September 2009. Silver is money and has been used as money
longer gold. Why would China encourage their citizens to acquire physical
silver and gold? What do the Chinese know that the U.S. does not? Well, both
are money and the Chinese government understands the U.S. dollar will not be
used outside the United States very much longer. Therefore, the citizens of
China are being taught, by their government, to protect their wealth from a
currency crisis. What has the United States government taught it’s citizens
about wealth, savings or a currency crisis? Anyone? Anything?
We’re Being Herded Into Digital Pens to be Slaughtered
with Negative Interest Rates ~Jim Rickards'
Let’s listen to former President, George W. Bush, teach the people of the
United States how to handle money and the economy –
Yes, that’s right, the President is teaching us about the economy and how
we should “go shopping more”. Spend, spend, spend. What ever happened to
save, save, save? Anyone remember “a penny saved is a penny earned“? We never
hear any wisdom about the economy, money or the virtues of saving. You do
remember what a virtue is, right?
When I sat down to discuss the economy, gold and global events with Jim
Rickards, Agora
Financial, we peered behind the curtain to see what China and Russia are
doing, individually and collectively.
There is a subject that is so far off the radar by the mainstream media,
independent media and, basically any media in the West that Mr. Rickards was
somewhat surprised when I ask him about it. The Shanghai Cooperation
Organization (SCO) is one of the most important developments in the last
fifty years. This plan, which encompasses over 50% of the global population
and over 70% of the natural resources on this planet, has been completely
overlooked, with few exceptions, for many years.
China and Russia sit at the head of this gigantic organization and the
implications for the West are many and far reaching. The monetary
infrastructure, that is already in place, has the capacity to make void all
Western world banking, financial and economic activity. The strategic
alliance the SCO represents has the exact same implications regarding
geopolitical situations and war. Look at how Russia developed a plan,
executed that plan and was able to cripple “ISIS” in five months. The United
States and it’s allies have been unable to accomplish this goal in fifteen
years! That’s a force to be reckoned with. What makes you think the monetary
infrastructure that China and Russia have in place can’t accomplish the same
goal on the “monetary battle ground”? While we continue ignoring the most
significant monetary and strategic developments, in our lifetime, we are only
fooling ourselves that tomorrow will function the same as today. Tomorrow is
already here, we just haven’t awakened to hear the news.
Let’s listen in and allow Mr. Rickards to give the details on gold, the
SCO and what this means to all of us in the coming years.
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