An Incredible Year For Gold
.An Incredible Year For Gold
Notes From The Field By Simon Black, Sovereign Man
December 30, 2020 Sovereign Valley Farm, Chile
Gold has been one of the world's best performing asset classes over the past few years, and it has shined this year in particular. But while the financial gains have been impressive, I've long argued that the real reason to own gold goes far beyond making money. As I've written before, I personally don't have much interest in trading paper money for gold, only to trade the gold for more paper money in the future.
To me, gold is like an insurance policy. You can buy insurance to protect your home, your car, and your family. You can buy 'put options' to protect your stock portfolio against major declines. You can buy credit default swaps to protect your bond portfolio against bankrupt governments.
An Incredible Year For Gold
Notes From The Field By Simon Black, Sovereign Man
December 30, 2020 Sovereign Valley Farm, Chile
Gold has been one of the world's best performing asset classes over the past few years, and it has shined this year in particular. But while the financial gains have been impressive, I've long argued that the real reason to own gold goes far beyond making money. As I've written before, I personally don't have much interest in trading paper money for gold, only to trade the gold for more paper money in the future.
To me, gold is like an insurance policy. You can buy insurance to protect your home, your car, and your family. You can buy 'put options' to protect your stock portfolio against major declines. You can buy credit default swaps to protect your bond portfolio against bankrupt governments.
But these are all known risks... things that we know -might- happen. We know that stocks might decline, or a house might catch fire.
But gold is like an insurance policy that covers all the true unknowns... things that we never see coming. And there were certainly a lot of those this year.
Below is an article that I wrote in early January of this year-- before Covid, riots, and the rest of the fiasco of 2020 took hold.
As I wrote:
"I know this is the time of year where people make all sorts of predictions about what’s going to happen in the year ahead.
Frankly I don’t think anyone can credibly say that they have any idea what’s going to happen in the world in 2020. And that’s why I own gold."
This statement remains absolutely true. Here is the full article:
The price of gold is up nearly $100 since Christmas, reaching around $1,575 per troy ounce as I write this letter.
This most recent price bump is due to the panic over Iran. But the gold price is up nearly 20% over the last year, so there have obviously been plenty of other factors driving the price higher before the Middle East started flaring up again.
And there will be plenty more after these tensions cool down.
Trade wars, economic crisis in China, Bolshevik nonsense in the US, Brexit woes… the world is definitely not lacking in major issues that could continue to drive gold prices higher.
Throughout history there have always been periods of relative calm and stability, followed by periods of chaos and uncertainty.
The 1960s were incredibly chaotic, for example. Riots, assassinations, war, etc. were the dominant stories of the time.
By comparison, the 1990s were relatively calm. Peace and prosperity reigned. And life was so easy that the biggest problem of the decade was Bill Clinton’s love stain.
We seem to be sliding head-first into another period of turmoil (though I would argue that we’ve been there for a few years).
Stability is gone. Trade wars, shooting wars, terror attacks… pretty much everything is back on the table now.
Bolshevik politicians are taking hold all over the world, even in places like the United States, where, only a few years ago, it would have been considered preposterous for a socialist candidate to run for President.
Now there’s more than a dozen.
Most of all, the Social Contract is breaking down; people everywhere are becoming angry and unglued. We’ve seen it in the streets in places like Hong Kong, Spain, Chile, Lebanon, France, etc. And we see it every single day in social media.
People are demanding change and revolution in everything from our basic system of economics, down to the very words we can and cannot use.
This is all part of a level of conflict and turmoil we haven’t seen in decades, and it’s possible we’re just in the early stages.
I somehow doubt that all of these woke social justice warriors will suddenly capitulate their war on gender pronouns, or that Bolshevik presidential candidates will abandon their Marxist ideology and embrace the free market.
Now, don’t get me wrong… I’m not suggesting this is the winter of our discontent. I’m incredibly optimistic about the world and it’s opportunities.
But I sure am glad that I own some gold.
It’s not the fact that the gold price is up $100 in a month, or that precious metals have performed very well as an asset class. (Silver is up 21% in the last six months alone.)
The investment benefits are a nice bonus. But the real value of gold is that it’s one of the best things to own in times of turmoil and uncertainty.
Gold is a global asset with a 5,000+ year history of value and marketability. It’s a hedge… an asset you can rely on when you can rely on little else.
In many respects it’s like a life insurance policy… with the added cherry-on-top that you don’t have to be dead to benefit from it. And your gold dealer is probably not going to give you prostate exam first.
I know this is the time of year where people make all sorts of predictions about what’s going to happen in the year ahead.
Frankly I don’t think anyone can credibly say that they have any idea what’s going to happen in the world in 2020. And that’s why I own gold.
To your freedom and prosperity, Simon Black, Founder, SovereignMan.com
Lynette Zang "The Currency Reset Has Begun" 12-29-2020
.Lynette Zang: The Currency Reset Has Begun | Gold & Silver
I Love Prosperity: Dec 29, 2020
In this video we talk with the one and only Lynette Zang - she breaks down the financial system, the impending monetary crash, the currency reset, gold, silver, precious metals, her predictions for the future & more...
Lynette Zang: The Currency Reset Has Begun | Gold & Silver
I Love Prosperity: Dec 29, 2020
In this video we talk with the one and only Lynette Zang - she breaks down the financial system, the impending monetary crash, the currency reset, gold, silver, precious metals, her predictions for the future & more...
Bix Weir and Lynette Zang Tuesday Afternoon 12-29-2020
.Bix Weir
ALERT! Silver...The End of a CRAZY YEAR!!
What a Crazy Year for the Silver Manipulation Crowd...from 9 year lows to 7 year highs...Record Breaking COMEX Silver Deliveries...to JP Morgan & Friends getting fined $1B+ for precious metals manipulation...we had it all this year!
Bix Weir
ALERT! Silver...The End of a CRAZY YEAR!!
What a Crazy Year for the Silver Manipulation Crowd...from 9 year lows to 7 year highs...Record Breaking COMEX Silver Deliveries...to JP Morgan & Friends getting fined $1B+ for precious metals manipulation...we had it all this year!
Lynette Zang:
BARTER PRECIOUS METALS, DATA COLLECTION, & PLATINUM
Dec 29, 2020
1. CR: I have an estate account. I just put over $500k into it and was told the funds would be available on the 12/9. I went to wire $ to ITM and was told no, funds now being held until 12/16. I just got a call from someone in the NY chase office asking me what my intentions were for the cash. If I left it with them for an additional 2 months, I would be able to profit approximately $2k more. I have never invested through Chase and have never received a call like that from them. Red flags went up. What do you think this means? 1:06
2. John C: I have been purchasing PCGS/NGC MS65 Silver Morgan Dollars. The assumption is that they would be safe from confiscation, hopefully. You say that silver is more useful as a tool of barter. Would I be better off buying the non-graded coins? what would you suggest? 4:40
3. Wendy: I’ve noticed a bombardment of email solicitations offering “rewards”, for filling out surveys. There is a variety of prizes to choose from at decent value. The hook is, you have to pay shipping, which includes all personal info and a credit card. There are so many of these offers with the same format that I’ve become suspicious. Is there a massive central data collection going on? Am I getting paranoid? 7:20
4. Amber: How are the wealthy going to be using the money that will still be in “digital dollars” to invest? I am sure they have something cooked up to maximize even this new fiat currency to their advantage in investing. 9:20
5. Martin: Customer asks if Lynette has an opinion on how the new administration may be using Platinum for upcoming industrial uses, and where the prices may rise. Would it be a good investment option instead of Silver or Gold? 12:34
TNT, Fleming, Bix Weir and more Monday 12-2-8-2020
.TNT:
Harambe: Bloomberg: Vietnam Government Aims for 2021 Economic Growth of 6.5%
(12/28/20)
Bloomberg: Vietnam Government Aims for 2021 Economic Growth of 6.5%
Vietnam is looking to raise its economic growth target for 2021 by 0.5 percentage point to 6.5 per cent, although the coronavirus pandemic and adverse weather are potential obstacles, its prime minister said on Monday.
Vietnam's economic growth slowed to 2.91 per cent this year, its lowest level in at least 30 years, due to the Covid-19 pandemic, natural disasters and a sluggish global economy. That rate was still among the world's fastest.
TNT:
Harambe: Bloomberg: Vietnam Government Aims for 2021 Economic Growth of 6.5%
(12/28/20)
Bloomberg: Vietnam Government Aims for 2021 Economic Growth of 6.5%
Vietnam is looking to raise its economic growth target for 2021 by 0.5 percentage point to 6.5 per cent, although the coronavirus pandemic and adverse weather are potential obstacles, its prime minister said on Monday.
Vietnam's economic growth slowed to 2.91 per cent this year, its lowest level in at least 30 years, due to the Covid-19 pandemic, natural disasters and a sluggish global economy. That rate was still among the world's fastest.
"I can say 2020 is the most successful year of Vietnam in the five-year term. Our country is now better than ever," Prime Minister Nguyen Xuan Phuc said, referring to Vietnam's economic performance in 2020.
"We previously targeted a growth of 6.0 per cent for next year.
Although there remain several obstacles, the government aims to expand the economy 0.5 percentage point higher," Mr Phuc said.
Tishwash: Demonstrations in Baghdad demanding the dismissal of the governor of the Central Bank
Hundreds of citizens demonstrated, on Monday, to demand the dismissal of the governor of the Central Bank of Iraq, Mustafa Makhaif, accusing him of stealing for the benefit of corruption whales.
The / Al-Malouma correspondent said that hundreds of citizens, merchants and shopkeepers demonstrated in Rasheed Street in front of the headquarters of the Central Bank of Iraq to denounce the policies of the bank’s governor after raising the price of the dollar.
He added that the demonstrators demanded the government to resign, terrifying that his policy would only destroy the poor citizen and serve corruption whales.
The correspondent indicated that riot police deployed at the demonstration site and prevented the demonstrators from reaching the gate of the Central Bank of Iraq. link
************
Courtesy of Dinar Guru
Jeff Iraq has now officially announced to us that they have implemented the reforms as of Sunday December 20th when they devalued that rate...they've got to change the rate by the end of March...Now that they've devalued the Iraq dinar they have now told you they've officially started the reforms.
************
Monday Fleming RV Update:
Earlier our military intel contact would say is T4B start is close, all still on track, said he cannot say much more right now, except watch over next 48-72 hrs,
Once they start us redemption of ZIM & all currencies will go past Fri 1 Jan & give T4B at least 7-8 days before they start the public T5,
He also said major disclosure declassification revelation bombs incoming now at the same time this week intended to expose & take down Deep State swamp creatures that have been fighting the RV release & NESARA/ GESARA.
ALERT! Exposing JPM's 1st Quarter Silver Derivative MONSTER!! (Bix Weir)
Dec 28, 2020
Why did the price of silver drop under $12 in the 1st Quarter of 2020?
Was it "free market trading" or something more?
The OCC just released their 1st Quarter Derivative report and the answer is OBVIOUS...JP Morgan was holding a derivative position in silver of over 2B OUNCES!
Who says "Crime Doesn't Pay?!"
The Atlantis Report
The Future of Gold, Silver and the Dollar - Peter Schiff
Dec 28, 2020
In today´s video Peter Schiff will be sharing what will happen in the future of Gold Silver and dollar
A lot of people are worried about what will happen in the future of gold, stock market, bitcoin, silver ,crypto, market bubble, usd, btc, crypto currency, bull market ,after watching this video you will have a better idea about what will happen in the future.
"Understanding QFS Gold Certificates" by Ron Giles- 12-28-2020
."Understanding QFS Gold Certificates" by Ron Giles - 12.28.20
Entry Submitted by Ron Giles at 3:13 AM EST on December 28, 2020
It has been hard for many to understand the new gold-backed financial system, the new Quantum Financial System (QFS). The absurd amounts of money we will get is incredible, to say the least. Where did it all come from?
The best way to understand this new system is to look at currency as gold certificates. Instead of saying I have five hundred dollars in my account, it is now appropriate to say I have five hundred gold certificates in my account. It could be USD or it could be British Pounds, it makes no difference. Let me explain.
"Understanding QFS Gold Certificates" by Ron Giles - 12.28.20
Entry Submitted by Ron Giles at 3:13 AM EST on December 28, 2020
It has been hard for many to understand the new gold-backed financial system, the new Quantum Financial System (QFS). The absurd amounts of money we will get is incredible, to say the least. Where did it all come from?
The best way to understand this new system is to look at currency as gold certificates. Instead of saying I have five hundred dollars in my account, it is now appropriate to say I have five hundred gold certificates in my account. It could be USD or it could be British Pounds, it makes no difference. Let me explain.
A set-aside mountain of secured gold bullion brings forth its value in backing the currencies of the world. Each gold kilo brick has a serial number to identify the brick.
So, which comes first, the currency or the gold to back the currency?
The old Fiat Central Bank System is dysfunctional and needs to be discarded as they just print money from nothing of value except what they contrive and use to justify their illegal activities (birth certificates).
So a new financial system had to be invented with a new gold-backed currency and a computer system that ensures the security of each transaction.
So the Gold comes first and the currency then represents an extension of the Gold value into a currency that can be used without carrying around pieces of gold?
This is better because how do you get change when using a gold coin to purchase a loaf of bread? How do you transfer enough gold to buy a cargo ship of oil? That’s the problem. The value of Gold must be held inviolable and extended into society as currency so that it may be easily used for the exchange of goods and services.
Each increment of currency must be backed by an amount of gold to make it retain its value. So, the New Powers That Be (NPTB) came up with a whole new money system with Gold as its secured value. How did they do this?
The “digital Gold Certificate.”
Let's be very clear. There does not exist a computer in this world that can do what the new Quantum Computer can do and without it, this whole new financial system would not work.
The new concept of money has now changed into the new Gold-backed currencies using a database of Gold Certificates. A kilo brick of Gold bullion is the source of each Gold certificate. The Gold Certificate refers to the serial number on the brick of gold.
When the QFS is activated, there will be a price for gold that will reflect the value of the mountain of gold that is held for gold backing of the new currencies.
Once the price of gold is set like a snapshot in time it reflects the total value of the mountain of gold. The volume of the gold brick is divided by the snapshot price of gold and is then assigned to a gold certificate for each piece of currency that brick is backing.
Thus, the value of the currency is backed by an identified gold brick assigned to that currency by the digital Gold Certificate.
Once assigned the Gold Certificate will not be changed and will act as digital currency stored in the Quantum computer.
Asset-backed has a perceived value that can change over time as the assets are mined and sold as a commodity. The QFS process of Gold-backed currency will retain its value for the foreseeable future.
Once the Global Currency Reset takes place, digital gold certificates will be given to every increment of currency in each national currency.
Because of the Global Currency Reset that takes place when the RV takes place, a gold certificate can represent a US dollar or a British pound, or an increment of any national currency.
You can see why the GCR had to take place to accommodate any national currency as part of the QFS. Rest assured, all currencies of the world will retain their value as measured by each other's par value of Gold-backed currency.
Is it appropriate to say that the gold certificates are a new international currency? It would seem so, but it only represents digital money not a nation's currency, per se'. Each nation will have paper money reflecting their nation's currency that can be used for cash transactions. In the US it will be the new USN.
There is a worldwide price for gold that can go up or down as the markets adjust to supply and demand. Gold has always retained its original value to what it can buy but the inflation created by the use of Fiat money has changed to where the price to buy an ounce of gold has gone up substantially.
However, the value of gold still reflects the amount of gold to buy the same items as it always has. A $20 gold coin from many years ago will buy a $1300 Armani suit these days. It is the same one ounce of gold it took to buy the same suit 30 or 40 years ago.
Inflation created the difference in the price of Fiat currency need to buy the suit compared to the 30 to 40 years ago price.
Gold retains its pure value. That’s why it can be used to back currency in the QFS and that value will not change in the foreseeable future.
Once the GCR (Global Currency Reset) takes place, then all currency will be Gold-backed and on par value with all other nation's currency.
New paper money will be printed to facilitate the use of Gold Backed currencies when using cash to purchase an item on Craig's List, etc.
The new Gold-backed currencies used in the new Quantum Financial System (QFS) are all new money. The new money is not coming from any old Fiat money.
This Gold-backed money is just an extension of the value of the huge store of Gold set aside in its secure location. The work has already been done to assign the gold Certificates to a brick of gold. It is waiting for activation to be put into a QFS account when the Redemption of Zim or the Exchange of currency takes place.
The amount of gold to be used to back all the currency that will be Gold-backed in the world is only around 40 % of the gold holdings that is available to back the currency. This also accounts for Historical bonds and funding of collateral accounts. etc.
The gold certificates can only be activated by a transaction that puts the certificate into an account within the QFS. There is a huge database of gold certificates awaiting activation. What we will receive in the redemption of Zim on an individual basis can be compared to a thimble full of ocean water available in the ocean.
The value of the currencies will be set at a point in time reflecting the Fiat value of gold at that time.
Once set and functional in the QFS the change in the price of gold will not affect the value of any currency as all currencies will be on par value with each other.
If the price of gold goes up or down, all currency value will go up or down without changing the value between the currencies. New Gold-backed currencies in the QFS will stabilize the value of everything in the new economic system.
Fiat currency does not work the same way as Gold-backed currency. That’s why we are getting rid of this rotting currency that creates inflation. There is no inflation with Gold-backed currencies. This stabilizes the economy once and for all.
This new Gold-back QFS currency is the secure way of the future in the Golden Age of Mankind. It is the blessing from God that we have all been praying for.
Embrace this QFS as a gift from God that will secure our funds and support our humanitarian activities for a very long time.
Love and Light
Ron Giles
QFS2020.com
https://inteldinarchronicles.blogspot.com/2020/12/understanding-qfs-gold-certificates-by.h
Max Keiser and The Silver Report Uncut Sunday 12-27-2020
.Keiser Report |The Money Printing Bill Comes Due | E1637
Dec 26, 2020
In this episode of the Keiser Report, Max and Stacy spend the Boxing Day special episode with Simon Dixon of BnkToTheFuture.com discussing the extraordinary money printing of 2020 and the consequences to ripple through the global economic and monetary systems in 2021.
They look at possible New Bretton Woods options and what that means for the ordinary person as the current debt fuelled, free money world unravels in 2021, the 50th anniversary of an all US-dollar-world. How will the unraveling be told in bitcoin, gold and other alternatives?
Keiser Report |The Money Printing Bill Comes Due | E1637
Dec 26, 2020
In this episode of the Keiser Report, Max and Stacy spend the Boxing Day special episode with Simon Dixon of BnkToTheFuture.com discussing the extraordinary money printing of 2020 and the consequences to ripple through the global economic and monetary systems in 2021.
They look at possible New Bretton Woods options and what that means for the ordinary person as the current debt fuelled, free money world unravels in 2021, the 50th anniversary of an all US-dollar-world. How will the unraveling be told in bitcoin, gold and other alternatives?
Commercial Real Estate Crisis Arrives, Experts Predict 50% Capacity 40% of All Businesses May Fail
Dec 27, 2020
The commercial real estate crisis has begun in major cities and industry experts are warning 40% of all businesses in the US may fail as a result of this recession.
This is the largest such event in history and the nations hottest property markets are beginning to feel the void in commercial real estate tenants.
With so many businesses closing and business prospects grim in NY and California many small business owners are simply packing up and taking their tax dollars else where.
This trend has begun to accelerate as a mass exodus and abandoned building of this scale may result in some sort of cash for clunkers program for abandoned commercial real estate to clear the shame of a once great industrial nation.
Mike Maloney and The Atlantis Report Thursday 12-24-2020
.Mike Maloney
GoldSilver Holiday Special - Get Prepared For SOMETHING BIG
Premiered 2 hours ago
Welcome to our ‘Holiday Special’ video with Mike Maloney and Jeff Clark. What does Mike think of the latest stimulus debacle?
What will it mean for gold and silver investors?
What does Mike hope to see happen next year? Tune in to find out.
Mike Maloney
GoldSilver Holiday Special - Get Prepared For SOMETHING BIG
Premiered 2 hours ago
Welcome to our ‘Holiday Special’ video with Mike Maloney and Jeff Clark. What does Mike think of the latest stimulus debacle?
What will it mean for gold and silver investors?
What does Mike hope to see happen next year? Tune in to find out.
The Alantis Report:
Be Ready , We’re On A Highway To Economic Collapse and Hyperinflation !!
Premiered 105 minutes ago
Be Ready , We’re On A Highway To Economic Collapse and Hyperinflation Global recession, a virus pandemic, trade wars, soaring geopolitical tensions, supply chain disruptions, and tens of millions of working-poor crushed deeper into poverty!
The country is barreling toward insolvency, the economy is tipping over, and there are not many tools available to kick the can.
Eight hundred thousand lost their jobs the week before Christmas. Twenty million getting unemployment benefits out of a workforce estimated to be 160 million.
Consumer spending slumps as savings buffer nears depletion.
Yet, if you thought 2020 was wild. Get ready; You ain't seen nothing yet.
2021 will be an absolute sheet show to the tenth power. Hope you are ready.
They have tested you, and you did not fight back. You allow your government to spend trillions of dollars on the biggest bloated pig of all time. So you will be tested further.
For the full transcript go to https://financearmageddon.blogspot.com
"Why Reset Gold-Backed Currencies?" by Ron Giles 12-23-2020
."Why Reset Gold-backed Currencies?" by Ron Giles - 12.23.20
Entry Submitted by Ron Giles at 2:28 AM EST on December 23, 2020
Recent posts have given an extremely distorted view of the future of the Global Currency Reset, initiated as the solution to the Cabal, Debt-based, Fiat fiasco, banking system.
The confusion lays in the assumption that the old will be assimilated into the new as if one could pour old wine in a new bottle to produce a better taste. Nice try Bankers, you lose again.
That process will not work. The old wine is still tainted and needs to be thrown out and destroyed. If this is still not clear, let’s put it this way. Any old spoiled wine is bad and is not only distasteful but repugnant and will continue to make people sick even if it is poured into a new bottle and sold as new wine.
"Why Reset Gold-backed Currencies?" by Ron Giles - 12.23.20
Entry Submitted by Ron Giles at 2:28 AM EST on December 23, 2020
Recent posts have given an extremely distorted view of the future of the Global Currency Reset, initiated as the solution to the Cabal, Debt-based, Fiat fiasco, banking system.
The confusion lays in the assumption that the old will be assimilated into the new as if one could pour old wine in a new bottle to produce a better taste. Nice try Bankers, you lose again.
That process will not work. The old wine is still tainted and needs to be thrown out and destroyed. If this is still not clear, let’s put it this way. Any old spoiled wine is bad and is not only distasteful but repugnant and will continue to make people sick even if it is poured into a new bottle and sold as new wine.
Anyone who believes this procedure is valid is demented and has lost their cognitive reasoning skills, or maybe they are a part of the Cabal disinformation scheme that needs the old system around to support this debt centered oppressive financial system.
That debt system has destroyed many a life and is the reason a brand-new system needed to be initiated by the Alliance as the world economic structure using Gold Backed currencies.
Those who believe in old Fiat money as a way of the future are sadly mistaken. Enough said. Nothing about the old Central Banking System will survive, including Wealth Managers connected to a bank.
Any and all arguments that say there is insufficient Gold in the world to accomplish this new Financial System is out of touch with reality and is promulgating their demented point of view of world economics. This is a serious accusation but is, never-the-less true. Why?...because it doesn’t even matter how much Gold is used to back the world currencies, it only needs enough to establish, “VALUE,” as it relates to international trade using national currencies.
Once this, “VALUE,” is re-established and becomes seasoned over time, it becomes the accepted medium of exchange and accomplishes the purpose for which it was created.
When the Global Currency Reset (GCR), will take place concurrent with the RV and all Gold Backed currencies will be established on par with all other currencies, After this takes place the price of Gold does not matter. If the price of gold goes up, the value of all currencies goes up at the same time.
This reflects in the value of all currencies from one currency to another. They all go up and down together. It is genius, and the results are a sustainable and functional worldwide system of trade using any national currency, NOT JUST A CURRENCY JUDGED AS A "RESERV" CURRENCY. The GCR (Global Currency Reset) has RESET ALL CURRENCIES ON A PAR VALUE. No one's currency is better than another's.
The Central Banking System proponents have tried to enhance the "Value Quotient." of all currencies by claiming that each country is backing its own currency with, in-ground hard assets, as well as soft assets inherent to the economic structure within the country. This means that each currency issued acts like a bond, backed by assets. There is little VALUE that can substantiate a country’s currency unless it is a, “perceived value,” acceptable to other trading partners in the world economic arena.
Perceived Value, is always necessary for any transaction using currency. If I don’t perceive your currency as, “valuable,” then I have no interest in receiving your currency in exchange for the value I place on what I am exchanging with you.
The GCR with its Gold Backed currencies establishes parity with all other universally Gold Backed currencies in the QFS and this ends the possibilities of a Nixon type maneuver that destroys value with just the whisk of a pen. Parties to a transaction need to have faith in the currencies and products being exchanged so that they do not lose value when transacting business with another Nation.
This is why the Gold-backing within the QFS uses the Chinese Elder's gold to back all currencies on the international commercial markets. It is safe, reliable, and creates honest dealings with one country to the next.
The Microcosm of Zimbabwe is a historical example of the Macrocosm as to, perceived value, and the need to, “Reset,” the perceived value back to where it can facilitate transactions between countries.
This lack of public, perceived value with the Zim, produced hyperinflation the world has never seen before, and probably will never be seen again. Did the, Perceived Value, of the Zim have anything to do with the inflation? Absolutely! It took 3 - 5 100Trillion notes to buy a bus pass to go across town. Who is responsible for this hyperinflation? Was it the Chines supported Mugabe government that mismanaged the Zim’s value or was it just that the people lost faith in the value of the Zim? Which came first the chicken or the egg?
It is just a blame game, but the lack of value perceived by Zimbabweans exacerbated the hyperinflation. Mugabe and his cabinet who mismanaged and lost billions of dollars, are yet to be free from prosecution for this extreme destruction of the Zimbabwean economic structure. The non-bond Zim was re-introduced in November of last year as par with a basket of other foreign currencies that included the USD, but it did not last long. The country needed a new volume of Zim to run its economy but the Zimbabweans still did not believe in the government's moves.
Fiat currency can only be used until the perceived value is lost and a correction needs to take place. Because the whole worldwide financial structure is based on the easily manipulated Fiat currency with its Reserve Currency manipulations, the whole world needs a reset back to a "Perceived Value," currency system that accommodates international trade equally.
The old system cannot just be, FIXED, it has to be a total, RESET, to move forward as Perceived Value.
The longer the Fiat system is left unchecked, it will produce similar hyperinflation that caused the destruction in the Zimbabwe economy but on a worldwide basis.
Hyperinflation benefits those who create the debt structure of Fiat currencies. When one needs to pay a debt back, creating your own currency to pay that debt is an economic train wreck waiting to happen. We are seeing this train wreck in real life as it plays itself out.
Presently, any Perceived Value from the old system has to go through an extensive and intense, re-evaluation process to be acceptable in the new system. The old despicable system of bonding new-born babies as an acceptable way of making money out of nothing, will not be automatically included in the new system. Are these the old Collateral Accounts?
Any value, thus obtained as assets, will be confiscated within the new asset-based currency reset and used as public holdings within the new currency reset. This is a huge undertaking when other more acceptable ways of resetting the currency values may be used by simply washing away this demented process of value and start anew. This is akin to either flushing the toilet or attempting to reclaim any old value discarded in the toilet bowl as waste. Unless there is a system in place before reclamation attempts, which there is not, it is not a practical solution.
Trump has given an Executive Order to confiscate hard assets by those who have profited by abusive practices against humanity. I believe this is an attempt to disallow ill-gotten gain from being used as value by Cabal types leftover from the Fiat system. It has deprived them from enjoying the fruits of their illegal activities in the new system, and rightly so.
This, I believe, is the Alliance maneuver to separate the wheat from the chaff and eliminate the Cabal participation in the new Gold-backed system of currencies. It has only just begun and we shall see the complete separation prior to the RV taking place.
Trump is simply an Alliance actor. Whether you like him or despise him, it’s inconsequential. If he has taken amnesty for sins from the past or is simply an actor on the public stage, his work, his part, is essential to the GCR/RV plot and the restoration of the Republic event we call NESARA/GESARA.
The time it takes is interminable to those of us who know not what is taking place. We are squirming in our theater seats as we conjecture who are the villains and who are the good guys. When, "THE END," flashes across the screen and the movie credits begin to roll, we will know how we got to the end of the play. Please pass the popcorn, this movie is too long and I’m getting hungry, again. I hope it ends before I pass away from indigestion from only eating popcorn.
WE bought the ticket so we must stay put to get our Value. I worked my ass off before I bought my ticket so without any fat back there, I keep moving to get comfortable but all comfort has alluded my skinny posterior. I shoulda brought a cushion and a lunch. But it is an interesting movie, I just wish it had an intermission or two or three.
Ron Giles
Reference previous post. "Gold as Currency" by Ron Giles - 4.8.18
https://inteldinarchronicles.blogspot.com/2020/12/why-reset-gold-backed-currencies-by-ron.html
More News, Rumors and Opinions Tuesday Afternoon 12-22-2020
.Courtesy of Dinar Guru
Frank26 We have a situation where the CBI is coming out and saying we have a new exchange rate for the Iraqi dinar. Don't we have a bunch of articles that said 'we're working very hard to raise the value of the dinar?' Don't we have the IMF that said 'Iraq is going to lift the value of their currency before the end of this fiscal year?' We told you the value of the Iraq dinar was going to go up based on all the articles. These articles are powerful because they come from the horse's mouth not our opinion. So what happened? [Post 1 of 2]
Frank26 ...Back in the 1990's...China takes their newspaper, they take a full page and it was a disclaimer from the Chinese government saying 'We're not going to raise the value of our currency...' Three days later...the IMF announces that the Chinese currency has gone up in value. Kuwait in the late 1990's did the same thing...why did you do what you did? ...Kuwait and China say it's because we're going through a monetary reform with our currency. Iraq is going through the same thing...what they're doing right now is a one time thing. This 1450 is only for a short time. [post 2 of 2]
Courtesy of Dinar Guru
Frank26 We have a situation where the CBI is coming out and saying we have a new exchange rate for the Iraqi dinar. Don't we have a bunch of articles that said 'we're working very hard to raise the value of the dinar?' Don't we have the IMF that said 'Iraq is going to lift the value of their currency before the end of this fiscal year?' We told you the value of the Iraq dinar was going to go up based on all the articles. These articles are powerful because they come from the horse's mouth not our opinion. So what happened? [Post 1 of 2]
Frank26 ...Back in the 1990's...China takes their newspaper, they take a full page and it was a disclaimer from the Chinese government saying 'We're not going to raise the value of our currency...' Three days later...the IMF announces that the Chinese currency has gone up in value. Kuwait in the late 1990's did the same thing...why did you do what you did? ...Kuwait and China say it's because we're going through a monetary reform with our currency. Iraq is going through the same thing...what they're doing right now is a one time thing. This 1450 is only for a short time. [post 2 of 2]
TNT:
Harambe: AllAfrica: Zimbabwe Govt Dumps 10,000 Ghost Workers: World Bank Assists
(12/21/20)
AT LEAST 10 000 suspected ghost workers have been struck off the government payroll after a biometric registration exercise that was carried out with the assistance of the World Bank.
According to the state media, the Public Service Commission (PSC), during a workshop for the Parliamentary Portfolio Committee on Public Service Labour and Social Welfare, the PSC and the Apex Council grouping staff associations, PSC head of human capital development and management, Moses Mhike, said the exercise of flushing out ghost workers ongoing.
"Ghost workers are no longer an issue. We have managed to account for those on the Salary Service Bureau (SSB)," he said.
"We conducted a biometric exercise to get the data of all civil servants and comparing with the Registrar's Office. We realised that about 10 000 were not biometric compliant and traced them at each and every work station."
PSC secretary Jonathan Wutawunashe said the PSC simply eliminated ghost workers by withdrawing salaries to those who were non-complaint to the biometric exercise.
No arrests were made.
"We made sure that we stopped paying those non complaint and only the legitimate ones came forward. However, the exercise should be an ongoing thing," he said.
The biometric registration was implemented with the assistance of the World Bank as part of efforts to weed out ghost workers and modernise management of the civil service.
https://allafrica.com/stories/202012210215.html
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Harambe: Vietnam+: Vietnam's economy to grow 6.8 percent in 2021: World Bank
(12/22/20)
Hanoi (VNA) - Vietnam’s prospects appear positive as the economy is projected to grow by about 6.8 percent in 2021 and, thereafter, stabilise at around 6.5 percent, according to the latest World Bank’s economic update for Vietnam “Taking Stock”.
This projection assumes that the COVID-19 crisis will be brought gradually under control, notably through the introduction of an effective vaccine.
The report emphasises that Vietnam might be exposed to fiscal, financial, and social risks that should require greater attention from the authorities.
“Vietnam is standing at a crossroads of post-COVID-19 recovery. It has an opportunity to set itself on a greener, smarter, and more inclusive development path that will bolster resilience to future shocks from both pandemics and climate-related disasters,” said Carolyn Turk, World Bank Country Director for Vietnam. “The authorities must tackle the environmental and climate challenges with the same sense of urgency as they have done with COVID-19 because the costs of inaction are already visible and will become increasingly irreversible. The recent tropical storms in Vietnam’s central region and rising air pollution in the country’s major cities are good illustration of this fragility.”
The WB said Vietnam is expected to grow by almost 3 percent in 2020 while the world economy is expected to contract at least by 4 percent amidst the biggest global shock of the past decades.
The external sector—the main driver of economic growth in Vietnam over the past decade—has performed exceptionally well since the beginning of the COVID-19 crisis.
The country is on the verge of reporting not only its highest merchandise trade surplus ever but also an increase in international reserves. The continued inflows of foreign investment and the steady rise in merchandise exports more than compensated for the losses in foreign exchange earnings from decreased tourism activities and shrinking remittances, according to the report.
The report suggests that foreign investors have continued investing and/or shifting production activities to Vietnam due to the country’s good management of the pandemic.
According to the WB, two lessons from the successful management of the COVID-19 crisis could be extended to the environmental agenda.
The first lesson is that the best way to cope with an external shock is to be prepared in advance and move with early and bold actions. Second, beyond vision and capacity, the ability to embrace innovation and experiments is instrumental to change individual and collective behaviours, which lays at the root of strategies to cope with health and climate threats.
It argues that Vietnam’s ambition to become a high-economy will be determined not only by its capacity to exit successfully from the COVID-19 crisis but also how it will manage its natural resources and climate risks.
https://en.vietnamplus.vn/vietnams-economy-to-grow-68-percent-in-2021-world-bank/193558.vnp
Fleming Tuesday RV Update:
From what we are hearing they are rolling it out as this day is progressing. It is moving East to West. As soon as we get the safelink web sites we will post then here and in Discord and Telegram Rooms.
Our military intel contact was able to also say he knows everyone is sick of hearing this is close, but he said this time is different than in past weeks for several reasons
(1) because POTUS told his White House staff last Thu 17 Dec to leave DC to avoid any unrest as arrests started in DC,
(2) because the highest-to-date level arrests (level of Clintons, Podestas, Huma Abedin) that started over the past weekend, and because the current “mop up operation” this week that MarkZ heard about from his govt sources includes the transition through to the RV/GCR & NESARA and including Iraq’s RV rate change following last Sat’s 19 Dec Iraqi Dinar devaluation/depegging as happened in the 25 March 1991 Kuwaiti Dinar RV about a week after the Kuwaiti Dinar devalued/depegging from the Dollar—showing THIS WEEK IS IN THE ZONE he said.
He could also say this week’s mopping up operation is the CULMINATION bringing a decisive victory against those Deep State & CCP bad actors who fought the RV release and the release of the NESARA /GESARA restored Republic and the constitutional freedoms and financial freedoms these give us and the nations post-RV.
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Mike Maloney
The Big Payday For Gold & Silver Investors - WHEN?
Premiered 23 minutes ago
Gold and silver investors have been waiting a long time for the ‘big payday’. In today’s video, Jeff Clark asks Mike Maloney when he thinks this may happen, and how big a payday it might be.
TNT, X22 Reports, Pimpy and more Monday Night 12-21-2020
.TNT:
Tishwash: The Iraqi Council of Ministers approves the 2021 budget
The Iraqi Council of Ministers approved on Monday the country's financial budget for the next year 2021 in preparation for sending it to Parliament for a vote.
The approval came after an emergency session of the Council of Ministers that lasted for three consecutive days.
A statement issued by the office of Prime Minister Mustafa Al-Kazemi, received by Shafaq News, stated that the Cabinet voted on the federal budget for the fiscal year 2021, in the extraordinary session held today, Monday, headed by Prime Minister Mustafa Al-Kazemi.
The statement gave no further details about the budget's content.
TNT:
Tishwash: The Iraqi Council of Ministers approves the 2021 budget
The Iraqi Council of Ministers approved on Monday the country's financial budget for the next year 2021 in preparation for sending it to Parliament for a vote.
The approval came after an emergency session of the Council of Ministers that lasted for three consecutive days.
A statement issued by the office of Prime Minister Mustafa Al-Kazemi, received by Shafaq News, stated that the Cabinet voted on the federal budget for the fiscal year 2021, in the extraordinary session held today, Monday, headed by Prime Minister Mustafa Al-Kazemi.
The statement gave no further details about the budget's content.
According to the draft budget that the Shafaq News Agency reviewed a few days ago, the budget is worth 91 trillion, 790 billion, 155 million and 429 dinars, with a deficit of more than 58 trillion.
The budget estimated, according to the draft, the price of a barrel of oil on the basis of the price of 42 dollars a barrel, and an export rate of 3 million and 250 thousand barrels per day, including 250 thousand barrels exported from the Kurdistan region.
The budget also estimated the exchange rate of the dinar at 1450 per dollar, according to what was announced by the Central Bank, while the region’s share of it was determined at about 12 percent.
Monday Night X22 Reports
[CB] Attacks Those Countries That Are Not Going Along With Their Plan-- Ep 2359a
Congress finally passed the stimulus bill. They are telling all Americans how they really feel. After months they are now giving $600 to each person, where is the rest of the funds going.The [CB] is now pushing forward with their Great Reset plan. Those countries that are not going along with their agenda are being punished.
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Pence Waits For The Right Moment To Strike, Military Planning, Think Constitution – Ep. 2359b
The [DS]/MSM are now trapped by the constitution, the law of the land. The election results are not adding up, if we take all registered voters there are 13 million voters than registered voters. Trump has been sending this message to the people. Pence has been waiting in the wings for the right moment to strike. The clock is ticking down.
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Iraqi Dinar News 12/21/20
Pimpy’s Investment Chat: Dec 21, 2020
Outlook 2021: Jim Rickards on Gold and the Fed
Stansberry Research: Dec 21, 2020
LIVE! See the Great Conjunction (Christmas Star) of 2020
Once every 20 years, the two largest planets in our solar system—Jupiter and Saturn—appear to meet in Earth’s skies. This “Great Conjunction” happens next on December 21, 2020, but this time, Jupiter and Saturn will be closer than they’ve been in nearly 400 years.
December 21 also happens to be the night of the winter solstice, and the peak of the Ursid meteor shower. For most Great Conjunctions, Jupiter and Saturn are separated by about 1 degree, which is the width of two full moons in the sky. This year, they will be separated by just one-tenth of a degree, which is one-fifth the size of the full moon.
A Great Conjunction happens every 20 years, but the last time Jupiter and Saturn were this close was the year 1623. Join Lowell Observatory at 5pm MST on Monday, December 21, 2020, to celebrate the Great Conjunction with an evening of telescope viewing and commentary from Lowell's own astronomers and educators.
News, Rumors and Opinions Monday 12-21-2020
.KTFA:
DeepWoodz: Does anybody have any ideas on how the GOI might could convince the citizens to turn in their dollars for dinars? You know, because they need to stop using the dollar cause that’s what we want. Maybe in a way that would even benefit them? Brilliant
Humble1: Sorry Deep, I have racked my brain on that topic and I have nothing, wait a minute, a thought has just occurred to me, what if, now follow this, because it is thinking way outside the box, I can't believe this just came to me, but what if, they increase the value of their dinar to be greater than the value of the dollar, I know, I know, that is super radical thought, just came to me out of thin air, but I believe that would get the citizens to deposit their dinar in the banks, but wait they would need new small category notes to make that work, oh well we can't expect them to all of a sudden print new notes at this time, if only they already had new small category notes that might work, oh well, I am at loss for what they should do Deep, nothing else comes to mind, sorry I could not help more, lololololol
KTFA:
DeepWoodz: Does anybody have any ideas on how the GOI might could convince the citizens to turn in their dollars for dinars? You know, because they need to stop using the dollar cause that’s what we want. Maybe in a way that would even benefit them? Brilliant
Humble1: Sorry Deep, I have racked my brain on that topic and I have nothing, wait a minute, a thought has just occurred to me, what if, now follow this, because it is thinking way outside the box, I can't believe this just came to me, but what if, they increase the value of their dinar to be greater than the value of the dollar, I know, I know, that is super radical thought, just came to me out of thin air, but I believe that would get the citizens to deposit their dinar in the banks, but wait they would need new small category notes to make that work, oh well we can't expect them to all of a sudden print new notes at this time, if only they already had new small category notes that might work, oh well, I am at loss for what they should do Deep, nothing else comes to mind, sorry I could not help more, lololololol
DeepWoodz: I hadn’t even thought of that!!!Brilliant!!....I was thinking the opposite. Raise the value of the dollar so they will in turn sell all their dollars for an abundance of dinars.....wait for it hold on.........................then boom change that rate to the glory days and voila!!! Citizens gettin paid!!! Whoop whoop
NKaiser: IMO the devalue makes no sense and I believe it's part of the global reset the central bankers are trying to impose on the world economy.
Clare: Rare ‘Christmas Star’ to be visible for first time in 800 years on Dec. 21
Jupiter, Saturn align perfectly to create rare star on winter solstice
With this year’s winter solstice comes more than just confirmation of our already-cold weather and ever-fleeting daylight: The rare “Christmas Star” will be visible for the first time in 800 years.
Each year, Earth’s northern hemisphere enters the winter solstice on Dec. 21 -- the shortest day of the year -- officially marking the start of winter. This year, bright planets Jupiter and Saturn will align perfectly on Dec. 21 to create what is commonly called the Christmas Star or the “Star of Bethlehem.”
According to NASA, Jupiter and Saturn align with one another every 20 years or so, but not nearly as close together as they will be in 2020. The planets have not aligned this closely in about 400 years, nor has their alignment been visible (occurred at night) in about 800 years.
The timing of the occurrence couldn’t be more perfect: The winter solstice may be the shortest day of the year, but that also means it’s the longest night of the year -- so there will be plenty of opportunity to take a peak at this once-in-a-lifetime star.
Experts say the Christmas Star can be seen by the unaided eye just after sunset on Dec. 21, 2020. Just make sure you’re facing southwest.
It’s also possible that the phenomenon will be visible throughout the week.
We suggest you seize this opportunity if you can -- experts believe Jupiter and Saturn won’t be this close together again for at least another 60 years.
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Courtesy of Dinar Guru
Jeff Iraq just basically came out saying that the value of the dinar against the dollar has devalued...devaluing the currency, which is reducing purchasing power - it's a last-ditch effort to squeeze the three zero notes out of the citizens. That's all this is...a last-ditch effort to reduce the amount of dinar in the county of Iraq...it's nothing more than a distraction to mislead us, confuse us and to get us to get rid of our dinar...
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PIR 12-21-20 Patriot Intel Report!
Published December 21, 2020
Big Things are happening…….
https://rumble.com/vc2imd-pir-12-21-20-patriot-intel-report.html
SILVER ALERT! Silver Pops & then "Flash Crashes" as Mnuchin PANICS!! (Bix Weir)
Dec 21, 2020
When's the last time you saw the Silver price SPIKE +$1.50 and then get "Flash Crashed" -$2.50 in just a few hours on the COMEX?! It's been a while that this sort of criminal manipulation has transpired but here we are again!
Treasury Secretary Steve Mnuchin has to have an Emergency Interview on CNBC this morning to "Calm the Markets" ...Good Luck with that! THE SILVER KNIGHTS ARE HERE to Destroy the Banking Cabal!!
The Terrifying Background of the World Economic Forum & the Great Reset
Life Growth Academy: Dec 20, 2020
This video explores the founding history of the World Economic Forum, its founder and the new marketing material for the ultimate wealth transfer the Great Reset.