Gold has been considered hard money for 5000 years. 20% of all the gold ever mined is owned by central banks of the world. Why do central banks buy gold?
A cube (22m x 22m x 22m) is all the gold ever mined.
- 201,296 tons of gold (above ground, extracted)
- 53,000 tons of gold (below ground, unextracted)
If you want to understand how quickly money changes hands, what M2 money supply is and how debts are cleared… go watch this 2 min clip 👍
#BankingCrisis hit so hard and markets have such low confidence on #CreditSuisse, they offered $0.5 per share totaling $2 billion wiping out $68 billion it was valued at just a couple of years ago… fire-sale
Banks are broke everywhere. They’re begging central banks for liquidity👇
#FederalReserve hasn’t ever been independently audited for its gold quantity or quality. What if they’re faking the reserves at 8,200 metric tons without audits just like the JPMorgan Nickel stash which turned out to be stones 🤷♂️
NOTHING SPREADS LIKE A BANK RUN
#CreditSuisse paid $11.5 billion in misdemeanor slap on the wrist fines alone. UBS acquired it for 1/4th that.
A senator asks tough questions to Janet Yellen and she stumbles to answer those #JanetYellen
When they say they’re bailing out the banks without any sort of impact to the taxpayers… don’t trust them
Funny it resembles our banking system
Fiat central banking with money printing without any backing of value is plunder. Plunder is the way of life for all #CentralBanks including the #FED
CPI is garbage when they can cook the books on what factors go in & out. If the reported inflation is 6%, the real inflation is at least 2x-3x that number.
#FederalReserve and #CentralBanks are not based on sound economic policies. All that Fiat economists do is stealth wealth stealing and hope no one notices it until it dies off. They extend the charade with a new Fiat.
Chancellor on the brink of a third bailout for banks. The flood is upon us all. Are you on the #Bitcoin ark yet?
Printing more money so everyone gets rich and can afford the same goods easily is a fool’s errand. Printing excess money causes inflation rising prices of most scarce assets.
Kamala Harris is the new democrat candidate replacing demented Joe Biden. She was a border czar in which she failed miserably. She’s an AI czar for which she wouldn’t even understand the implications. She’s bad for the economy, inflation, world peace, energy independence, education, crime rates, child trafficking, drug trafficking and everything else.
They don’t want Donald Trump elected because they’re afraid he will expose and dismantle them.
“The Party that cries about how Donald Trump is a threat to Democracy just forced out the candidate that their voters chose and replaced him with a candidate that no one voted for.
The hypocrisy is immense in the Democratic Party."
USDA Positions In America Are Being Paid DIRECTLY From The Food Companies.
“The USDA is responsible for making all the nutritional standards for our country. However, more than 96% of the people who make those nutritional standards are paid directly by the food companies.
The USDA saying that 10% or more of a child's daily diet needs to be added sugar. Not natural sugars, not things that are found naturally in food is really bad.
USDA employees are being paid by corporations to make kids sick & fat.”