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How Long Until the New Monetary System? Will It Be Gold?
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🧡💛💚💙 Bullish on Mike's haircut 🧡💛💚💙
Gold & Silver all the way !!!
FUNNY HOW JUST TODAY THE IMF ANNOUNCED THEY NEED A NEW BRETTON WOODS STYLE AGREEMENT . – https://www.imf.org/en/News/Articles/2020/10/15/sp101520-a-new-bretton-woods-moment
What is the "big bang reset" from LIBOR to SOFER happening with 80 trillion this very Fri, Oct 16 weekend? The Central Banks will need to have people on their economic knees in order to shove centrally controled digital currency down our throats.
“C-1984.” Bumper sticker of the century.
I can foresee, anytime from now, an overnight reset event, which explains the crazy stuff over the last few years weve witnessed polliticaly.
I believe a few leaders not owned by the world bank cartel ( there isnt many of them) are already at world war with the cartel and have been for some time. One reason we arent seeing much real war which was instigated by the cartels as they also own the weopons factories.
The worrior leaders wanting their countries great again are waiting for the US dollar to pick up its rate of demise and lack of trust.
Once this escalates all that is required is for them and their allies ( being a growing number) to dump all of their US treasuries and purchase gold with it, while publicly announcing that is what they are doing and encouraging other world leaders to do the same.
Every ounce of gold within that scenario would disappear from sale overnight and the dollar will all but die, collapsing all currencies with the globe going into turmoil for a bit.
1 million an ounce against the US dollar could be reached within days, through the mad scramble, as other world governments, as well as hedge and other funds etc join into the rush. All other fiat will follow suit as what is going on is realised.
Once at the million an ounce or similar as per Weimar Germany( not fantasy, Weimar is real history) , gold will be pegged back as 100% value against fiat, demanded by the people as legitimate money supply.
The global elite and banks would collapse overnight as most of what they own disintigrates including all things debt soaked until the money settles assets back to original mean values with governments then also after their gold reserves as the warrior leaders leak the real information and world turns on them while changing government systems to greater accountability etc. Yes a reason Trump is fortifying the judges 🙂
Governments bailing out the banks will take their gold reserves as payment on the debt they now have to deal with.
Stage one is as explained with a fiat backed system making a return of real money to avoud total armageddon an back to the dark ages.
Stage 2 each country accounts for their gold using blockchain accounting system to lock them to a stable money, being the backed by 100% gold.
There are few world governments who wouldn't find this scenario very attractive with gold at weimar Germany levels against fiat and fiat debt. Considering this scenario would be seperated from the cartels, due to their demise at the time. Gold is well distributed between the global governments, when also considering allies who will do internal deals to get them on track with the gold standard.
The gold backed blockchain technology is in place and trialed by Australias Perth Mint and other firms as well as China and Russia having theirs in place and ready to go. Reason the US Fed owned by the cartels are desperatly scrambling to attempt an unbacked blockchain to avoid the unavoidable. Simply too late now for the cartel, they are painted into a corner and have no way out now besides a world population rising against them and demanding their hanging and redistribution of their wealth.
At a super hyperdflated rate re fiat against gold most countries could pay off their fiat debt using a fraction of gold reserves and have plenty left over to restart the economies. Due to the overnighthyperdeflation of fiat worth it would create a form of debt Jubilee due to the fiat debt becoming all but worthless.
Yes a good deal of chaos and pain in this scenario but less than a 10 to 15 years of armageddon scenario we are presenty facing globally.
Stage 3 the blockchains are interlinked creating a 1 world denominated currency, while still autonomous, but can't be weoponised.
Stage 4 the dollars replaced with a card for transactions as population regains faith in the system.
Stage 5 would likely be the chip implanted in the arm or forehead together wiith a bio security scan of the Iris or finger print simultaniously. Yes one people will line up for, not me, within my obedience 🙂
Unfortunately bitcoin is not required in respect to this scenario and it would likely be outlawed in many countries as they would claim they now have an uncorruptable system. Im not sure on Silver but I see it most likely at some point it would be left out of the monetary mix, due to its greater need in industry and new green technologies. With gold encaptulated by blockchain and annual real gold reconciliations between countries it turns gold into an infinately devidable real asset. This would take the place of what silver was used for within the monetary system. Not saying sver wont do well against its industry purpose but won't do it undsr the monetary umbrella.
I dont foresee a need for government to confiscate gold as it can be accounted for through declaration and ownership due to our digital age and be sorted by a licensed system with sales only to transact in country.
Gold and Crypto
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Abraham Isaac Jacob Greatest Daddy Ever LOVING BEYOND DESCRIPTION
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5. The Baseball Dimaond Paradigm New Political Paradigm for the MILLENNIUM
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Love it. And if FAQ is frequently asked questions, them FUQ is frequently unasked questions. I am more concerned about what I don't know.
Jan 1 2021 everyone gets an account at the fed
Why no talk about LIBOR to SOFR?
The g20 didn't, but the imf just called for a "new" Bretton woods deal
The monetary system works just fine for the bankers who rip off the people for decades and more . They just love there system of slavery .
They are already having the meetings in secret
And the IMF is calling for it publicly
To Jeff's point, I just don't think the "price" of Gold has anything to do with this. It's been manipulated all the time anyway.
Just buy Bitcoin
a graph at 3:50 for the e.wave would be better Mike 🙂
They are resetting the Libor this weekend. All in secret…we will hear something on Monday…maybe
Chinese coronavirus
Another infomercial
The Kinesis Monetary System already has two digital currencies backed 1-1 by gold and silver, the KAU and KAG. Why are you not talking about it?
Mike just had me laughing in the first 5 seconds😂🤣🤣
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Really like & appreciate your material Mike & team!!
2 mayor uncertainties I have with G&S
– nationalization or even confiscation!
– you are always emphasizing on price of gold in currency …. its not really relevant. the only relevance is what the real purchasing value is and since G&S is (still) no currency, the most important is how (easy) it’s to be converted to currency when you need it.
Stocks are crashing, Gold and cryptocurrency investment right now will be at every wise individuals list. In three two months you will be ecstatic with the decision you made today..
What is the maximum supply of gold and silver?
Didnt china already push through their digital dollar? Here in the US we are slow. But it will happen. The new system will be a UBI and debit forgiveness. They will control and track everything. So if you get out of line they will shut you off the money system. No more helping people the system dont like. Its the end game
I don't know who needs to hear this,I just got into Bitcoin trading and I made my first profit… wish I knew about this earlier!!
Stimulus currency (the catalyst) will increase monetary velocity ensuing hyperinflation. Stocks, real estate will increase in price but will lag inflation. In turn, inflation will lag gold's price. RELATIVELY SPEAKING, VALUED IN GOLD, both stocks and real estate will slowly crash as in the 70s. P:E ratios may be high in nominal terms, but will actually fall in real money terms (gold), at that point the game is over for the current monetary system. This can occur in months, not years. Got gold?
Crypto for best return.
There's no way the central banksters are going to back their new phoney digital dollar with hard assets. They've made an art out of making money out of thin air. Why complicate it?
Mid next year
Brettenwood renegotiation IMF
Gold = analog hard money. Bitcoin = digital hard money. The choice is obvious.
I investing in gold and other precious metals has been on for centuries and this century we have seen several ways to invest so I don't see any reason of change
Instead of speculating. Watch the World Economic Forum video called the Great Reset. Introducing National Crypto currencies. Then comes negative interest rates and they will tax you to the moon and back. Will have Total control. Game Set and Match to the elites.
Want go down a rabbit hole???
Check out Spiritually Raw and RDS
Interesting times are upon us…
No, the end of the current decade is not 31st Dec 2020. For EVERYBODY in the world, a decade exactly lasts 10 years and more importantly starts on the 1st day the year is a multiple 10. So for example the last 3 decades start day were: 1st January 2000, 2010 and 2020. Accordingly, the corresponding ends are: 31st Dec 2009, 2019 and 2029, respectively. So the 31st Dec 2020 is either:
– a year after the previous decade (the previous decade being: 2010/01/01 – 2019/31/12)
– or about a year into the current decade (which started 2020/01/01)
That is, unless your definition of a decade is different from everyone else's and for you a decade lasts 11 years 🙂
Are you keeping your eye on the world economic forum great reset mike? What are your thoughts on the 'stakeholder economy' model they have planned?