1/11 GOLD BACKED CBDC MEGATHREAD - Yesterday, I posted a mega thread about the remonetization of gold and how the price is headed much higher. The punchline is gold bugs should be cautious because this remonetization is likely a Trojan Horse. Unlike the confiscation that occurred in 1933 under Executive Order 6102, this time, you'll be paid a great price for your gold - you just can't spend it! Stay tuned for my next megathread (silver) that might offer a way out.
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2/11 - Gold Window - On August 15, 1971, Nixon unilaterally canceled the dollar's international convertibility to gold. Until then, countries could freely exchange their dollars for gold under Bretton Woods. This action by Nixon delinked the dollar to gold, and from that point forward, the government could print an unlimited amount of paper money. This is what is referred to as the closing of the gold window. Well, that window is about to be opened back up, and this thread will explain how and why, as well as what comes next.
3/11 Fort Knox Audit pt 1 - In 1933, FDR confiscated people's gold and placed about half of it in Fort Knox (4,000 out of 8,000 tons). Due to high inflation and public skepticism that the audits accurately reflect those holdings, on September 23, 1974, one of the forty-two vaults was opened for inspection by some people from Congress and press members.
Can you guess which vault they chose? It's not the most enormous vault. It's not the vault with the most bars in it. They picked vault #33. You can't make this shit up. Then that vault somehow had 36,236 gold bars (how many 6's can you make with those numbers!) valued at 42.2222 per troy ounce. I only have a high school diploma in numerology, but the #33 vault thing was enough to get my attention.
Now, Musk, Trump, and Paul are all clamoring for an actual audit. One of the things people should ask themselves whenever they read the news is, "Why now?" Is it because Trump's a nice guy? Ask the people who bought the $Trump and $Melania meme coins that question before you answer.
Do you honestly believe all the waste, fraud, and abuse done by the government is being pointed out right now to help us? Absolutely not. It's designed to discredit the government so the current system can be bulldozed to the ground and reset. We will have a technocratic WEF-style system whether we want one or not. It will just have a Trump label on it this time. Instead of Bill Gates calling the shots, it will be Elon Musk and Larry Ellison—two wings of the same bird.
Can you guess which vault they chose? It's not the most enormous vault. It's not the vault with the most bars in it. They picked vault #33. You can't make this shit up. Then that vault somehow had 36,236 gold bars (how many 6's can you make with those numbers!) valued at 42.2222 per troy ounce. I only have a high school diploma in numerology, but the #33 vault thing was enough to get my attention.
Now, Musk, Trump, and Paul are all clamoring for an actual audit. One of the things people should ask themselves whenever they read the news is, "Why now?" Is it because Trump's a nice guy? Ask the people who bought the $Trump and $Melania meme coins that question before you answer.
Do you honestly believe all the waste, fraud, and abuse done by the government is being pointed out right now to help us? Absolutely not. It's designed to discredit the government so the current system can be bulldozed to the ground and reset. We will have a technocratic WEF-style system whether we want one or not. It will just have a Trump label on it this time. Instead of Bill Gates calling the shots, it will be Elon Musk and Larry Ellison—two wings of the same bird.
4/11 Crypto pt 1 - On August 18, 2008, the bitcoin.org domain was registered. On October 31, a paper by Satoshi Nakamoto was posted to a crypto mailing list. On January 3, 2009, the bitcoin network was launched. In the genesis block was the text:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
Who is Satoshi Nakomoto? That's a great question, but no one seems to know. For someone who owns 1 million bitcoins worth $88 billion, he's done a helluva job staying anonymous.
Spoiler alert: Satoshi is a nation-state, central bank, intelligence agency, or a combination of all three. Crypto launched during the great financial crisis. Literally as a "second bailout for banks" and a last hurrah to prolong the dying fiat system that started in 1971. Bitcoin was the genesis of a $3 trillion crypto speculative tulip Ponzi bubble the likes of which the world has never seen. However, it did a good job of keeping money diverted from the real economy, where those newly printed dollars would have accelerated inflation and the demise of our fiat system.
More importantly, Bitcoin was a way to train people to stop using cash, get used to cryptocurrency, and predictively program them for a Central Bank Digital Currency.
CBDCs have been piloted in the Bahamas, Jamaica, and Nigeria. The BRICS have also been piloting CBDCs. Sweden has a digital currency project called the e-Krona.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
Who is Satoshi Nakomoto? That's a great question, but no one seems to know. For someone who owns 1 million bitcoins worth $88 billion, he's done a helluva job staying anonymous.
Spoiler alert: Satoshi is a nation-state, central bank, intelligence agency, or a combination of all three. Crypto launched during the great financial crisis. Literally as a "second bailout for banks" and a last hurrah to prolong the dying fiat system that started in 1971. Bitcoin was the genesis of a $3 trillion crypto speculative tulip Ponzi bubble the likes of which the world has never seen. However, it did a good job of keeping money diverted from the real economy, where those newly printed dollars would have accelerated inflation and the demise of our fiat system.
More importantly, Bitcoin was a way to train people to stop using cash, get used to cryptocurrency, and predictively program them for a Central Bank Digital Currency.
CBDCs have been piloted in the Bahamas, Jamaica, and Nigeria. The BRICS have also been piloting CBDCs. Sweden has a digital currency project called the e-Krona.
5/11 - COVID - There were a lot of weird things that happened during the pandemic. Lockdowns, minute-by-minute infectious disease counters on the TV, social distancing, etc. In all my years, I've never seen anything like it: military-grade propaganda, global coordination, fear-mongering, and panic. Allegedly, the virus (if you believe in such a thing) was leaked in a lab in China in 2019. The other explanation is a pangolin had sex with a bat in a wet market in Wuhan, which unleashed some super virus.
Let me ask you, dear reader, a question. If you knew your fiat monetary system was dying, would you want it to implode spontaneously, or would you prefer a controlled demolition? If you did have a controlled demolition, maybe you could have more influence on whatever the new system might be on the other side...
Well, I cannot think of a more inflationary, productivity-destroying, currency-killing, debt-spiraling event than a pandemic to usher in a new system (remember all the "Build Back Better" talk?).. $6 trillion was printed in the US alone to keep complaining to a minimum while we stayed locked inside our homes. Never mind the inflationary tsunami that would be unleashed afterward.
In addition, COVID-19 allowed the powers that be to test how powerful their propaganda might be on the Internet and social media. It planted the seed that we need vaccine passports to travel, work, and eat at restaurants. It taught people that they need a QR code to enter a bar. COVID-19 was the first step in constructing a digital prison system, and it was merely a dress rehearsal for the real thing.
If you've been paying attention, isn't it a massive coincidence that one of the only countries not to have a complete lockdown during COVID already had a cashless society/CBDC (Sweden)? Weird.
Let me ask you, dear reader, a question. If you knew your fiat monetary system was dying, would you want it to implode spontaneously, or would you prefer a controlled demolition? If you did have a controlled demolition, maybe you could have more influence on whatever the new system might be on the other side...
Well, I cannot think of a more inflationary, productivity-destroying, currency-killing, debt-spiraling event than a pandemic to usher in a new system (remember all the "Build Back Better" talk?).. $6 trillion was printed in the US alone to keep complaining to a minimum while we stayed locked inside our homes. Never mind the inflationary tsunami that would be unleashed afterward.
In addition, COVID-19 allowed the powers that be to test how powerful their propaganda might be on the Internet and social media. It planted the seed that we need vaccine passports to travel, work, and eat at restaurants. It taught people that they need a QR code to enter a bar. COVID-19 was the first step in constructing a digital prison system, and it was merely a dress rehearsal for the real thing.
If you've been paying attention, isn't it a massive coincidence that one of the only countries not to have a complete lockdown during COVID already had a cashless society/CBDC (Sweden)? Weird.
6/11 - Fort Knox Audit pt 2 - This takes us back to Ft. Knox. We all know the gold isn't going to be there. And when it's not there, who are they going to blame? The Central Bankers and the Treasury, of course. Then, other nations will demand that their gold holdings be audited as well. GLD will be audited. SLV will be audited. Bullion banks will be audited. There will be so many audits we might run out of accountants. And they're all going to reach the same conclusion. The old system doesn't work; it's vulnerable to fraud and manipulation, and we need to start over.
Elon Musk will say we need to modernize the system and track these assets transparently and openly. Every bar must be tagged with a QR code and put on a blockchain. We will know down to the flake which vault, shelf, and row the gold is kept in. We will have an audit trail of every movement, change in ownership, and assay. Cycle counts will be done daily, and physical audits will be done annually so this never happens again.
Meanwhile, massive inflation will be triggered as people lose confidence in their currencies and the USD. The powers that be already know how to handle that because of #5.
Elon Musk will say we need to modernize the system and track these assets transparently and openly. Every bar must be tagged with a QR code and put on a blockchain. We will know down to the flake which vault, shelf, and row the gold is kept in. We will have an audit trail of every movement, change in ownership, and assay. Cycle counts will be done daily, and physical audits will be done annually so this never happens again.
Meanwhile, massive inflation will be triggered as people lose confidence in their currencies and the USD. The powers that be already know how to handle that because of #5.
7/11 - Great Reset - This takes us to the need for a Great Reset. Trump will reopen the same gold window Nixon closed in #2 above. Whatever gold that's left will be used to back a new global currency. Since most nations will have the same problem as the US, they will all miraculously agree on a solution. We need one system that can be used globally, backed by an asset that we all know and trusted for thousands of years, that cuts out the bankers and can be monitored centrally to prevent money laundering and crime.
The US will reduce its official gold reserves from 8,000 tons to 1,000 tons, and China will increase its official gold reserves from 2,300 tons to the 40,000 tons we suspect it has had all along. The Chinese will suddenly become wealthy, and Americans will become poor. The USD reserve currency status will evaporate overnight.
There will likely be bank runs, cyber pandemics, and confusion during this time. People will lose track of the fiat as the controlled demolition gets underway. To keep track of things, the digital ID program will be significantly expanded, and you'll need your phone, your fingerprint, your voice, and your email to log in to any platform where you might have assets (they might even put a chip in you). If you don't get your digital ID, then you won't be able to get your money. This might be a perfect time to roll out the universal basic income system (UBI).
The US will reduce its official gold reserves from 8,000 tons to 1,000 tons, and China will increase its official gold reserves from 2,300 tons to the 40,000 tons we suspect it has had all along. The Chinese will suddenly become wealthy, and Americans will become poor. The USD reserve currency status will evaporate overnight.
There will likely be bank runs, cyber pandemics, and confusion during this time. People will lose track of the fiat as the controlled demolition gets underway. To keep track of things, the digital ID program will be significantly expanded, and you'll need your phone, your fingerprint, your voice, and your email to log in to any platform where you might have assets (they might even put a chip in you). If you don't get your digital ID, then you won't be able to get your money. This might be a perfect time to roll out the universal basic income system (UBI).
8/11 Debt Jubilee - Due to the chaos, all debts will be forgiven, and there will be a debt jubilee. In case you aren't familiar it comes from the Bible:
"And thou shalt number seven sabbaths of years unto thee, seven times seven years; and the space of the seven sabbaths of years shall be unto thee forty and nine years. Then shalt thou cause the trumpet of the jubilee to sound on the tenth day of the seventh month, in the day of atonement shall ye make the trumpet sound throughout all your land. And ye shall hallow the fiftieth year, and proclaim liberty throughout all the land unto all the inhabitants thereof: it shall be a jubilee unto you; and ye shall return every man unto his possession, and ye shall return every man unto his family." - Leviticus 25 8:10 KJV.
Odd how, on December 31, 1974, President Gerald Ford signed a bill that repealed Executive Order 6102, and on January 1, 1975, people could own gold without restriction. It's almost 50 years to the day with what the Bible says, but that's another thread. Moving on...
"And thou shalt number seven sabbaths of years unto thee, seven times seven years; and the space of the seven sabbaths of years shall be unto thee forty and nine years. Then shalt thou cause the trumpet of the jubilee to sound on the tenth day of the seventh month, in the day of atonement shall ye make the trumpet sound throughout all your land. And ye shall hallow the fiftieth year, and proclaim liberty throughout all the land unto all the inhabitants thereof: it shall be a jubilee unto you; and ye shall return every man unto his possession, and ye shall return every man unto his family." - Leviticus 25 8:10 KJV.
Odd how, on December 31, 1974, President Gerald Ford signed a bill that repealed Executive Order 6102, and on January 1, 1975, people could own gold without restriction. It's almost 50 years to the day with what the Bible says, but that's another thread. Moving on...
9/11 - Gold CBDC - Which brings us to a gold-backed CBDC... Now, people are unemployed, confused, hungry, and looking for answers. Gold bugs will be full of self-righteousness. The same friends who made fun of us will be coming to us for investment advice. Governments will raise gold prices to try and incentivize gold bugs to sell their holdings to back the new currency. Most of us will see all the money that could be made, and in our pride from all our newfound wealth and status, we will gladly sell to the same crooks that stole the gold from Ft. Knox in #6 and blew up the monetary system in #5. If you don't think they already have a plan for you and your gold, think again!
So when people sell their gold for $30,000 an ounce or whatever ridiculous price that gets offered, the last few remaining ounces in the hands of the public will be owned by the bankers and removed from public circulation; gold bugs will get an allocated gold account with the government-linked to their digital ID stored in a vault they can't access. We will then be free to spend that money so long as we behave and don't make trouble on social media. At the first sign of a problem, our ID gets turned off, and we won't be able to use our CBDC wallet for two weeks. Our Beyond Meat rations will be cut, and we will fall back in line.
Any gold still in private hands will trade at a steep discount. People will be reluctant to deal with it, and when they do, desperate people will flip it back to the government. The doom loop will begin with ever fewer ounces in private hands.
So when people sell their gold for $30,000 an ounce or whatever ridiculous price that gets offered, the last few remaining ounces in the hands of the public will be owned by the bankers and removed from public circulation; gold bugs will get an allocated gold account with the government-linked to their digital ID stored in a vault they can't access. We will then be free to spend that money so long as we behave and don't make trouble on social media. At the first sign of a problem, our ID gets turned off, and we won't be able to use our CBDC wallet for two weeks. Our Beyond Meat rations will be cut, and we will fall back in line.
Any gold still in private hands will trade at a steep discount. People will be reluctant to deal with it, and when they do, desperate people will flip it back to the government. The doom loop will begin with ever fewer ounces in private hands.
10/11 Crypto pt 2 - Crypto bros will be scratching their heads. Why would anyone in their right mind own crypto backed by nothing they can't use as a medium of exchange when governments worldwide have joined forces and issued legal tender crypto backed by gold? The answer is they wouldn't. So cryptos will be dumped hand over fist into a market with no bid. Bitcoin, Dogecoin (odd that a meme coin has the same name as the Department of Government Efficiency), Fartcoin, Hawk Tuah girl coin, Trump coin, Melania coin, and the 10,000 other cryptos will evaporate overnight.
Crypto bros will mourn the demise of their crypto wealth. At the same time, all the technologies and tools they've built around money and the blockchain will be repurposed for our CBDC digital prison. The infrastructure they created to move their worthless digital tokens will be co-opted by the government and repurposed for the CBDC so the system can be rolled out faster.
Crypto bros will mourn the demise of their crypto wealth. At the same time, all the technologies and tools they've built around money and the blockchain will be repurposed for our CBDC digital prison. The infrastructure they created to move their worthless digital tokens will be co-opted by the government and repurposed for the CBDC so the system can be rolled out faster.
11/11 Silver—Don't fall for the Trojan Horse. I urge people to be cautious during these confusing times. Our best chance to maintain and preserve our wealth is to cut out the middleman and use real money to deal directly with other individuals. My next mega thread will discuss silver and how it might help us escape this mess. We will soon know if it still has monetary properties.
"Gold is the currency of kings.
Silver is the currency of gentlemen.
Credit is the currency of slaves.
Bitcoin is the currency of grifters.
Gold is money and nothing else." - Unknown
"Gold is the currency of kings.
Silver is the currency of gentlemen.
Credit is the currency of slaves.
Bitcoin is the currency of grifters.
Gold is money and nothing else." - Unknown
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