"Gold is a Barbarous Relic", said the group that wanted to own all the gold in the world.
They did the big bait and switch. Got many central banks to drop their gold, and then, like when trust was waning, said, oh yes, gold is again a #1 asset.
It is obvious that the Khazarian Mafia [KM], the people behind those mother WEFers, have an unholy fascination with gold. They consider it to be money, and nothing else. They worship the god of earth (as opposed to the god of the heavens) meaning they only care about the physical, they do not care about the spiritual. Or basically, gold is their god.
For the love of money (gold) is the root of all evil
And so, the [KM] has been doing the most evil evil on the planet.
But what does that mean for gold? What does that mean for us?
The most evil, and wide spread theft: Debt based fiat currency
Unbacked AND Unregulated AND Debt based AND fiat is like adding evil and more evil, and lots of evil, and oh so much evil together.
We don't have fitting punishments for people who commit genocide.
We don't even have thoughts about fitting punishments for people who steal and destroy 75% plus of people's labor.
This is what the Fed has done.
It buys things with notes that it prints at will.
If i said, "give me your house", you would be like, hell no.
But, if the banks said, "give me your house", everyone just assumes it is the correct thing to do.
It is what happens every time someone takes out a mortgage. You literally give the bank the house. It is not yours. You are not paying it off. The bank owns it. You gave it to them.
In the mortgage contact, you are the "tenant". You are not the owner, and even after "paying it off", you are still not the owner.
People are now saying, "Taxation is Theft" (well it is not, you cannot steal something you own)
what people should be saying is that, "Debt Based Fiat Currency is Theft"
The only problem the banksters have is that the debt will go parabolic. So, before then, you have to change the money system.
The Great Scam: Gold backed currency
There is no such things as a gold backed currency.
Unless people decided on a national, clean out the banks day, the gold slowly disappears, and all you have left is the paper notes. This is what the [KM] wants. They want all the gold, and they want everyone else running around chasing the paper.
So, there is great impetus to put only enough gold to make a currency look like it is gold backed, but then have a plan for removing that gold back into their possession. And if their is such pressures on the system, then the system will never be fair or honest. The future Nixon will "temporarily" remove the gold backing.
The system is designed to remove people's thoughts from what is backing the currency, and just leave them using paper. It is oh so convenient. And making sure the system is doing what it says is oh so hard. (When was the gold in Ft. Knox last audited?)
Gold backing is a scam, but it will probably be offered as everything else the Fed is offering is being turned down flat.
If you own all of something, it is not money.
The [KM] wants all the gold. They are insane psychopaths, so they cannot see that them owning all the gold makes gold worthless. Still they want it. They want it all.
Worthless as a money.
Gold is already worthless as a money. There is so much gold in vaults that the big players can do whatever they want with the markets. The Rots-children could set gold to $35 an ounce simply by selling into the market. They probably have enough gold to satisfy jewellery demands for decades if not a century.
Also, gold coins were used to buy and sell goods back when it was not so easy to mint coins. Today, China makes fake gold coins by the container full. Gold plated tungsten is so precise, that most people cannot tell the difference. You can't tell by weight or by size. Only by x-ray machine or by cutting into it can you know if it is solid gold.
So, actually using gold as coinage again will be tricky to say the least.
And what do you do when the [KM] can show up with any amount of gold coins and buy anything out. Completely diluting the money supply and causing permanent inflation.
Gold will have a hard time being money in today's industrial and scammerific world.
The central banksters will try to do something with gold. The US mint / treasury seems to be gearing up to do something.
A gold backed currency may work for a while. But in the end, crypto currency is what is going to take over.
That bitcoin only has 21 million is very important. Gold is far more common, and more is being found all the time. And in the future, we will find ways to just vibrate it out of rock or sea water. It will just be a pretty yellow metal that you just go out and get whenever you need it.
The other pieces are that bitcoin can be sent anywhere. Gold, not so much. Gold just loses in every category to bitcoin. (And bitcoin will cross the physical barrier)
So, in the future, the dollar will be left to rot, gold will be a pretty yellow metal, and crypto-currencies will rule.
FYI - in the near future, people will be panning for gold like crazy to do things like buy food. So, if you do like gold, go get some before the insanity phase of the monetary breakdown. Actually, buy silver. Far more upside and usefulness.