• "No country ever went bust on a strong, sound currency - but plenty have on Fiat printed with abandon!"
• "When the world’s Fiat Currencies collapse and go to their intrinsic value, Zero, as they all have done over the millennia, then the only store of Wealth left standing will be Gold!"
✘ THE WAR ON GOLD!
The War on Gold started in earnest in 1913 with the Federal Reserve Act which allowed for a coverage of only 40% of the US$ Monetary Base.
Then the 1933 confiscation of the productive people’s gold, an act of unprecedented insidious tyranny, while leaving the parasitic banksters to keep their ‘hoards of gold’ overseas, was the callously pre-calculated step number two.
Bretton Woods and the London Gold Pool
Then ever since that fateful day on August the 15th, 1971, when Nixon declared that he’ll stop the ‘Speculators’ from draining US Gold by ‘temporarily’ suspending the ‘Gold Window’, meaning the unilateral scrapping of the Bretton Woods Agreement, signed by 44 Nations and followed by every nation on the planet, and reneging the solemn commitment made by the US to back their $ with Gold and allow any country to redeem their paper Dollars for Gold, ever since that day of infamy there has been a very well documented conspiracy by the USG and the Banksters to deride, destroy and excise Gold from the World Monetary System, by stealth and every conniving and criminal means they can muster.
Prior to this date the US ran the London Gold Pool from 1961 to 1968, a cabal of 8 countries led by the US and 7 European Central Banks, Belgium, France, Germany, Italy, Netherlands, Switzerland and the UK, while the US supplied 50% of the Precious Metal to suppress the price to the pegged $35.20/ounce agreed on at Bretton Woods.
However this proved a monumental task as the US was running huge trade and budget deficits, mostly due to the Vietnam war, and started to print enormous amounts of Dollars, not backed by Gold, which engendered a Gold bull market of massive proportions and prompted European countries to redeem their paper $ for the Gold they were assured under the BW agreement.
US official Gold Holdings
This caused the London Gold Pool to collapse in 1968, but only after the US lost some 12,000 tons, from just over 20,000 tons down to a little over 8,000 tons.
Then after the ‘Nixon Shock’ Gold was sporadically sold at auction to further suppress the price. But then Gold commenced to be 'freely' traded on the Comex Exchange which began the paper trading of Futures in 1975, which allowed the parasitic Banksters to use ‘Naked Shorts’ to suppress the price of Gold, manipulate the market and make huge profits at the expense of all other market participants, i.e. productive people.
This usually works perfectly well since the manipulators are big enough to push the market in any direction they desire and are always flawlessly positioned to profiteer from their market rigging. i.e. ‘Short’ at the top of the market, ‘Long’ at the bottom; a very lucrative criminal racket played out since 1975 with complete impunity since Gold is the Banksters’ and Governments’ nemesis #1, for it prevents their unlimited printing of Fiat Currency and also thwarts exactly such criminal profiteering rackets at the expense of productive people.
This all works well if they manage to maintain control over the market, since they are big enough to push the market any which way they desire, but if market forces overwhelm the manipulators occasionally they can get caught out with lethal positions on the wrong side for once; and this leads us to the next chapter:
Brown’s Bottom
In 1999 Gordon Brown announced that the UK would sell almost 400 tons of its Gold, well over half of its holding at the time.
The perpetual market rigging and profiteering of the parasitic criminal Banksters had them caught out on the wrong side of an overwhelming market at that time, and Goldman Sachs, and particularly JP Morgan and also Citi were offside by a margin big enough the eliminate these scourges from the planet for good.
Alas, Banksters are in control of the planet and own and control every Government, and with Gordon Brown they had the perfect puppet to save their behinds; selling the people’s gold at rock bottom prices, and in a manner guaranteeing the lowest possible price.
(He announced the sales beforehand and sold it at auction, guaranteeing a suppression of the price and achieving the lowest possible price for the people’s Gold.)
So instead of facing the wrath of the market like everyone else would have to, and confronting the consequences and certain bankruptcy as it should have been, these parasites and overlords of governments forced the sale of UK’s Gold to suppress the price and save these criminal Banksters to loot and plunder for yet another day.
Brown’s 395 ton Gold sale was also in accord with the avowed underhand destruction and unilateral excising of Gold from the monetary system, and in general to suppress the price since Banksters perceive Gold as the most formidable and ultimate competition to their, at will and to infinity printable fiat currency; which it is.
Brown's sale of the UK people's Gold at the bottom of the market is colloquially referred to as Brown's Bottom!
Gold coverage rate declined form 75% to 18% in just under 30 years!
The Bretton Woods Agreement was another nail in the coffin of Gold as a Monetary Instrument in that ONLY the US was allowed to 'back' their currency with Gold and then only by 75% which was soon whittled down to 18% due to relentless printing of this Fiat Confetti Currency!
However the solemn promise of the US under the BWA was that all other nations could redeem their paper Dollars for REAL Money i.e. Gold, under what was deemed the Gold Window, which Nixon unilaterally closed, like every other agreement/contract/convention/treaty the US has ever signed!
Switzerland the IMF and the Swiss Gold.
Switzerland joined the evil of all evil IMF in May 1992, an institution used by the International Banksters to rape and plunder productive humanity via its onerous and iniquitous lending practices and loan terms, dishing up distressed assets in borrowing countries at pennies on the Dollar to the international WS Banksters. There is noting subtle about the IMF’s modus operandi, it is a predatory institution of the Banksters; run and owned by the Bankster for their criminal benefits and profiteering alone.
Then in June 1996 the Swiss Federal Ministry of Finance and the Swiss National Bank, SNB, formed a joint working Party under the pretence to avert a Constitutional breach by the SNB by dropping below the 40% requirement to back the Swiss Franc with Gold.
Thus new legislation came into effect on the 1st November 1997 which lowered the backing requirement to 25%.
But this was only step one of the destruction of the Swiss Franc, engineered by the criminal Banksters.
This working party also recommended that Switzerland, that is the SNB should only have about on third of its foreign reserves in Gold and to revalue the Swiss Gold holdings upwards from $96.40/ounce to $189/oz, approximately 60% of the then prevailing market price.
Thus, they deemed, Switzerland has a ‘surplus’ of some 1,300 tons of hard assets, Gold, which should be disposed of. The rest of the ‘assets’ being Paper Fiat Currency which can, was and is printed by the trillions at the whim of the Americans to fund the largest military offensive force on the planet.
A currency backed only by a printing press and a gigantic military!
(This alone should have rung alarm bells, if anyone remembers the thirties, Nazism and every period preceding major wars; the US is no ally of anyone but an Empire of aggression and oppression across the globe, with EVERY country being targeted for exploitation, submission and compliance with US dictate.)
With this devious sleight of manipulation by the Banksters, the Swiss population at the time, Politicians and pundit Joe average alike, was fooled into accepting the gravest mistake any country could possibly make; the sale of its hard earned assets in exchange for worthless pieces of paper printable at will by the trillions.
Make no mistake, the Banksters have systematically conspired to demonize, ridicule and paint Gold as a ‘barbaric relic’ and the ‘fetish of a few nutters who think Gold has any value in today’s modern world’ and thus to excise Gold from the Monetary System for good.
What reckless printing will do to a currency!
The IMF statutes require member countries to adhere to a strictly Fiat based currency, with no backing, Gold or otherwise.
That Switzerland could be a member from 1992 to 1996, the onset of the process of disposing of its Gold, without any conflict with the IMF ‘requirement’ speaks volumes, nevertheless the US Fed/USG, the International Banksters and the IMF were clearly behind the drive to force and dupe the Swiss into selling their hard assets; Gold.
The IMF rules were citied as a ‘requirement’ to de-link the Franc from Gold and dispose of this ‘barbaric relic’!
Subsequently the SNB sold in all 1,550 tons of Gold of its 2,590 tons it held prior to this heist by the Banksters, leaving only 1,040 tons.
The vilification of Gold
The International Banksters, that is the Fed, the Bank of International Settlements (BIS), Wall Street Banksters, the IMF and virtually every Central Bank is behind the vilification campaign of Gold, with the obtuse Politicians on board of this delusional, self-destructive crime against the people.
World wide Gold is the people’s choice of Money, the only means of wealth preservation and trusted storage of their hard earned wealth, and has been so for 5,000 years.
A store of wealth which over the long term always keeps its purchasing power, price manipulation aside!
Only one means of exchange of value and store of wealth has survived the the passage of time; 5,000 years of service to Humanity!
This is opposed to Fiat currency, printable at will by the trillions and rapidly loosing its redeemable value as demonstrated by the US$.
Every single Fiat Currency ever devised has always found its intrinsic value sooner or later; Zero!
The Fed's handiwork since its inception!
But as demonstrated previously, the price of Gold is totally rigged, and has been suppressed since the 60s by various nefarious means, and the smash from $1,900 down to 1,100 has been orchestrated by the Banksters, i.e. the Fed, BIS, USG/ESF and their WS overlords. Gold is their nemesis #1, as under Gold as money none of their crimes, fraud and looting and plundering the productive people is possible; banking would just be the taking of deposits and lending it out at a margin, not the wild casino of trillion dollar fraud it is today.
It would also prevent the printing of Fiat currency at will and lend it out at interest; a means by which the Banksters were able to enslave the entire humanity in debt.
Gold also prevents Bankster profiteering from economic cycles engineered by them by the loosening and tightening of monetary conditions, which allows them to profiteer on the way up, on the way down, and at the bottom by picking up distressed assets at pennies on the dollar. A practice wholly embraced by the Bankster cabal ever since they gained control over the monetary system.
Now the IMF is feverishly engaged in promoting the Special Drawing Rights, SDRs, as a means of reserve assets, which is just another fiat confetti ‘currency’, printable at will by the international banksters at the IMF under the command of their US overlords, all in order to avert Gold resuming its 5,000 years rightful place as the only real means of exchange and storage of Wealth; Money.
Gold price chart and Brown's & SNB's cleverly timed Gold sales!
SDRs were specifically introduced to thwart the Phoenix like rise of Gold in the international monetary system. Alas, the Chinese, Russians, and most nations outside the US/UK/EU sphere of the Banksters domain clearly have other ideas and have accumulated vast amounts of Gold which they have not disclosed and are in fact working on a New Monetary System and Settlement of Trade system outside the US$; namely ‘Gold Trade Settlement’, a fair, equitable, and the most elegant, stable, sustainable solution of all.
In 1999 the ‘First Washington Gold Agreement’, WGA-1 was signed, there were in all three such agreements. It was part of the US led Bankster cabal’s underhand scheming to force other countries willing to kowtow the dictate of the Americans to dispose of their valuable hard reserve assets; Gold.
Switzerland was the most foolish and willing stooge under the conniving treachery of the SNB and sold the most Gold, in all 1,300 tons of centuries of accumulated wealth at an average price of around SFR 15,604/kg, in exchange for freshly printed pieces of confetti paper. This represents a loss of SFR 28 billion plus the 250 tons sold at SFR 27,000/kg for a loss of 2.6 billion at today’s criminally suppressed prices.
But it is safe to say that the price would be multiples of what it is today were it not for the criminal suppression of the international Bankster cabal led by the American Fed/USG/BIS matrix.
The Swiss Gold Initiative
The Initiative requires the SNB to hold at least 20% of its assets in Gold, is not allowed to ever sell any Gold and must store all Gold physically in Switzerland.
The SNB would also have to repatriate 104 tonnes of Swiss gold from the Bank of Canada and 208 tonnes from the Bank of England
So what’s the big deal for the Banksters to so violently and deviously oppose it?
The SNB is a fully embedded participant to the western Bankster cabal, and we mean this literally, the SNB has been actively involved in the criminal underhand dealings in the Gold market, it is a puppet to the US Fed/USG/WS cabal which unilaterally rules unimpeded with total impunity over the Global Monetary Realm from the BIS to the IMF and every Central Bank.
There are countless lawsuits against Banksters across the western world for the theft of allocated Gold accounts amounting to many tens of thousands of tons, some put the figure at 60,000 tons, including all the Swiss Banksters, but you’re not allowed to know this, they are protected form publicly disclosing such sordid facts that Banksters worldwide are just common criminals.
ABN Amro was the first Bankster to admit that they’ve stolen everyone’s Gold and won’t honour their contractual obligations of delivering Gold stored in allocated accounts, for which they charged storage fees all these years and issued certificates with the serial numbers of all the Gold Bars supposedly held safely in storage on customer’s behalf!
But all that allocated customers’ Gold has been stolen by the Banksters and sold a hundred times over in the paper market and replaced with a worthless IOU piece of paper!
And herein lies the crux of the Banksters’ dilemma and love/hate of Gold. A rising Gold price would see them short squeezed again and every Bankster, JPM, MS, BoA, Barclays, UBS, DB etc, would be bankrupted in the process. That’s what happened when the price reached $1,920 and threatened to really take off. Hence the unprecedented vicious, criminal attack on Gold ever since that day in September 2011, it’s yet again to save the parasitic criminal Banksters.
All with the connivance and blessing of the entire system, from the US president on down to the Treasury, Judiciary, CFTC and every official organ connected to the system.
So ferocious and devious is the smear campaign by the Banksters against this Initiative that the organisers’ PayPal account, which they used to collect funds from around the globe to aid their campaign, since this is of such enormous importance and an issue touching every citizen on the planet, has been closed down by the Banksters and then even forfeited (stole) the funds held therein.
Then Luzi Stamm one of the organisers, was not allowed on a public TV debate, a rather puerile act of reprehensible chicanery.
Every media rag and TV station is relentlessly running obtuse diatribes against this Initiative, based on the international Bankster cabal’s rulebook of lies, misrepresentations and fabricated distorted facts and history about the role of Gold and its import for a stable, equitable and sustainable Monetary System.
This Initiative is of such importance that it is seen worldwide as an arbitration on the parasitic Banksters’ current, privately owned criminal Fiat Currency Crime Racket with which they are able to rape and plunder productive people at will and buy off the entire system including Government, Judiciary, Watchdogs, the Media, in short all four ‘Estates’, the entire means of control over the productive people!
A YES Vote would spell the beginning of the end of their criminal reign of rape and plunder, and start the process to bring back sanity, equity, fairness, liberty and justice into today’s world.
• For every War the Gold Standard was abandoned to print and fund the Banksters’ schemed and initiated criminal Wars!
✘ Gold is Peace, Prosperity, Liberty, Equality, Sovereignty!
✘ Fiat is Exploitation, Inequity, War, Vassalage,
Dept-Slavery, Death & Destruction!
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• Remedies and Solutions
The present Fiat Currency System is clearly an iniquitous and parasitic form of Economic Neo Colonialism, affording the holders of the World Reserve Currency and controllers of the associated markets and financial channels enormous, unjust advantages!
Gold has been mined for 150,000 years and used as means of Transaction & Store of Value!
Nature's Gift to Humanity!
Now if the Rumour Mill has it correct then Russia and China are working towards a fair and equitable system of trade based on a Monetary System which is also – well, fair and equitable!
There is only one form of Money capable of delivering such just and noble principles: Gold!
It can’t be printed and forged as is the case now with Fiat Currency.
Gold will also, since it is finite and not printable at will, force every country automatically to adopt measures and policies to ensure their Balance of Trade is always healthy and keep their economy competitive and strong.
Under such a system all trade will be settled in Gold and will inevitably level the playing field for all countries.
This completely precludes and negates the need for any FTA or other such thinly disguised forms of Trade Agreements which only ensure Multinationals the right to exploit labour and resources of poorer countries and bestows stronger, larger countries unfair advantages over smaller ones.
The present Fiat Currency System predicates eternal, exponential growth. So to keep this iniquitous parasitic system going, every attempt is being made to generate this elusive eternal growth in a finite world.
In this, FTAs are seen by the Money Masters as a temporary, yet illusive fix.
The problem with FTAs is that they preclude countries from protecting themselves from deteriorating Balances of Trade and forces them into borrowing to keep the charade of prosperity and accustomed lifestyle going.
This of course is the Banksters’ ultimate aim; the enslavement of everyone in Debt which allows them to rape and plunder their Debt-Slaves and institute Oligarchic Rule over their Vassals.
Satan's Currency backed by War, Death & Destruction vs
Gold as Money; redeemable for Gold at Face Value anytime!
To prevent this and build a more just and equitable, just society, one based on merit and reward for effort as opposed to the present parasitic system where banksters simply can print currency out of thin air, only Gold as Money will and can serve as this purpose.
There is a small measure of irony and justice in this wicked scheme; the main perpetrators behind this racket mainly reside in the US and UK and they are about to experience some of their own medicine when the Fiat Currency System finally faces reality and the lies and emergency patches can no longer keep it going, as it has been on borrowed time for a long time. They both are already Bankrupt were it not for the fact that both have printing presses to conjure up confetti currency and keep the Lie going!
Except of course the real perpetrators behind these Crimes against Humanity don’t recognize any nationality, borders or loyalty to any country; they are international Vultures & Parasites and have been so for thousands of years and are well known for it!
Gold will always serve in this virtuous role for Humanity; only the criminal Banksters and their Puppet Politicians fight against these noble Values and Aspirations.
Gold will forever be Humanity's one and only choice as a trusted store of wealth!
{If you enjoyed this article please consider G+1 it in the top right hand column, to help it gain a wider audience & wake up the sheeples, many thanks}
That’s some 40 odd tons per year, but lo and behold, they got a paltry 5 tons shipped the first year, with Gold Bars which had to be re-refined and recast.
What the Headlines really should have read!
What an incredible coincident!
Evidence Screaming False Flag Op
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