With Global debt reaching unprecedented and unserviceable levels it has got me thinking where this is all going.
Current US debt clock:
It has been nearly 30 Years since the Rothschild publication “The Economist” suggested on their front cover that there would be a new World currency in 2018. The picture shows a phoenix rising from the flames of a pile burning bank notes.
If you do not know who the Rothschilds are basically they are the richest family in the World and have a long history in banking and finance.
Whilst this does sound a little far-fetched; in my opinion there could be some truth behind this. It is no secret that the current Gold price is being heavily manipulated. This suggests to me they are trying to dampen the demand by constantly selling naked shorts on the comex (the commodities exchange) hence, gold cannot reach its true value. If they were to allow private investors to hold all the physical gold then creating a new World currency backed by Gold would prove impossible. This is also why there is does not seem to be independent auditing of U.S gold reserves. If there was then I suspect there would probably be far less Gold held centrally than people realise. When you consider over recent Years Russia and China have become major players buying up a lot of gold and not to mention India to.
My observations are that they are losing control when you look at the price of gold in recent Years gold performance has been very good and dumping naked shorts on the comex is starting to lose effect.
This is what Dr Paul Craig Roberts had to say. He was Former editor of the Wall Street Journal and was former US Assistant Secretary of the Treasury for economic policy in 1981 under Ronald Reagan. This is what he said to Greg Hunter in 2014:
Source- Greg Hunter USA Watchdog
“The reason they want to hold the gold price down is they are afraid of its impact on the dollar. The reason why they had to suppress the gold price is they had to protect the dollar from quantitative easing (QE) because they were printing trillions and trillions of new dollars.This was worrying people around the world who hold dollars because the dollar was increasing, but not the goods and services in the American economy. So, when the gold price took off, the Fed said this endangers QE because if the dollar is declining in value relative to gold, it must also be declining in value relative to other currencies. Once the exchange rate starts collapsing, we lose control. So, we got to suppress gold. I don’t know which side of the equation will play out first. I don’t know if they will run out of gold to deliver to India and China or people will say this is a rigged scheme and we are just not participating anymore.”
According to official reports, which I think needs verifying by an independent body, the U.S Holds the most Gold. My question is if they hold all this gold who is the legal owner? And that is assuming there is only one owner per ounce of Gold which is highly unlikely given the amount of leveraging that goes on.
The World’s top holders of Gold (please take these figures with a grain of salt):
Full article > https://tinyurl.com/y96sdnlv
