"Only One Source of Gold Backing" by Ron Giles 3-21-2020
Thank you Ron
"Only One Source of Gold Backing" by Ron Giles - 3.21.20
Entry Submitted by Ron Giles at 3:39 PM EDT on March 21, 2020
It is untrue that a nation’s gold reserve will back their currency. Why, because some countries have little gold reserves and will suffer in the new financial system if, indeed, their currencies need to be backed by their own gold reserves. Gold rich countries would flourish while Gold poor countries would struggle.
For the Alliance, this would create a failing grade for equality in the new Financial System. A really bad procedure indeed.
How can the Alliance create a more equitable process? Consider that some of the greatest minds, on and off the planet, have addressed this problem and wa-la, they came up with a very simple solution using a very complex equation.
The Economic Equation
This problem was address very early in the Global Currency Reset process using a very intricate set of economic values that can be applied to each country to determine the amount of liquidity needed in each nation to facilitate their internal commerce. Without sufficient cash, there would be shortages and a lack of financial freedom for certain portions of the population. Thus, the Economic Equation was created to determine the amount of cash to be made available to each nation. The equation was equally applied to all countries so that it was fair for all concerned. The equation took the place of the Central Banking System that creates money whenever they needed to have more liquidity, thereby eliminating the need for a third party agendized financial system using pretend. Fiat-debt-instruments for currency.
The Equation involved many economic factors such as the country’s raw assets, the population, the size of the country, the position they enjoyed in the worldwide economy as a player, and many more factors that could affect how much money they needed in their economy. Once the equation was settled upon, it was equally applied to each country.
A national currency is already in place; by backing the existing currency with the Chinese Elder’s gold and making more available to the GESARA compliant governments for their use in supplying their nation with the means to build up their economy, was the end goal of the Equation Process.
This is the real Global Currency Reset (GCR). A country can either use their existing currency or create and release a new currency. Either way, the QFS would back their legal currency with Gold and adopt it to the new financial system using gold certificates.
Each country would then reset its own national currency that already existed into the gold-backed currency created by the Chinese Elder’s gold. The Quantum Financial System would be the overseer and the buffer of the economic factors. The existing currency in the country would form the basis of the Global Currency Reset where the basic increment of the currency would be on par value with the basic increment of currency of all other nations.; one USN dollar would be equal to one Pound Sterling of UK currency and both are then equal to one Chinese Yuan, etc. To participate in this program, a country and its government would have to be GESARA compliant as agreed upon by all countries.
Each Government will be supplied a liberal budget of cash to run the government’s annual budget over a 10-year period. This will take care of their economy until the new, 17% sales tax takes over the budget process. BTW, 14% national, 3% divided between State and local governments=17% total sales tax, especially in the US. Other countries may have different percentages according to their economic factors as ascertained by their government officials while still following the guidelines.
The fact that the Chinese Gold would be used to back each nation's currency means there would be one Internationally secured gold reserve that would ensure equality for each national currency. Once the QFS is activated, the value of the Chinese gold reserve is set. The backing of the currency will commence with the digital gold certificates that are married to a particular kilo brick of gold bullion using the serial number on the gold brick. This gold-backing protocol is genius and ensures the continued value of the currency for each nation.
A nation that had a lot of gold reserves could either keep their gold or sell it to turn their gold into more cash for use in their economy. The price would fluctuate with the market's supply and demand. The net result of this process over time would be the lowering of the price of gold down to where the price would cover the cost of mining of gold used for commerce.
Once this process takes place, I don’t see the inflated value of gold staying high at all as the gold asset becomes just a commodity and will not be redundantly used to back a nation's currency. Does this mean that a country’s gold reserves will no longer be used as money or used to back a currency? The answer is, yes. The old system of using gold as currency is replaced by gold-backed currency. The inflated value of gold will then seek its own price as a commodity instead of being used as money.
Gold would no longer be used as currency, nor to back currency, because the currency is already backed by the Elder’s gold. If the price of gold were to go up or down for any reason, it would have no net effect on the value of one currency against another. They would still be on par value.
Gold would then be just a commodity like diamonds or rare earth minerals or any other in-ground asset. It could be mined and sold on the commodity markets without any effect on the value of a nation’s currency. The net effect is to separate commodities from being used as currencies.
This process eliminates the concept of asset-backed currency because an asset can be sold out from under the asset backing of the currency, which renders it a questionable and unreliable process. Richard Nixon proved this point when he took us off the Gold Standard with the stroke of a pen. This means no Cabal types messing with our money ever again.
The old financial system used gold to manipulate markets and make money. This old process was designed by the Central Banking System using the currency and financial instruments to make money rather than investing in people and their ingenuity to make and earn a living.
The RV changes everything as we download trillions of currency into the economy.
The new QFS supported Economy will be human-centered, rather than profit-centered schemes using financial instruments (money) for gain. The RV is designed to level the playing field so that every person on the earth will have the financial means to not only survive but to thrive.
The directive, from the Alliance, that we Zim Benefactors are to use our money to invest in other people and their projects, rather than to invest in projects to gives us a return on the RV funds, is a directive that gives us reasons to heal the earth and put our funds where they work for society and the earth, rather than as a profit for ourselves.
If we really understand the RV process, when we redeem our Zim and the funds go into a structured payout, we can ask for and receive an interest rate of up to 10% APR paid out quarterly. With that income, we can see that we never have reason to make money on our money. 10% on Trillions gives us a good cashflow. Beyond the annual 10% given to us by the Alliance, any more is just greed. If you want a family legacy, take a 50-year structured payout term and use the Celestial Chambers to extend our lives to see our projects through to the end of this old timeline. Money might not be needed by then. There is wisdom in how the playing field has been meticulously prepared for the success of ourselves and the whole of mankind that we serve.
We get to be a major part of what is to take place once the funds are released into our personal stewardship. As Sovereigns, we get to come from our hearts without some authority figure looking over our shoulder telling us what we can or can’t do, and that is as it should be for a Sovereign.
Blessings to all, and to all, be a blessing.
Ron Giles
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