We are taking another look at the globalist-owned Federal Reserve and their totally fiat Federal Reserve Note, more commonly and inaccurately referenced as the “dollar,” which it is not and never was. The fact that people in the United States continue to believe that the “dollar” is real and the Federal Reserve is a part of the US government speaks to how successfully the total Ponzi scheme perpetrated by the elites over the last century plus has fooled almost everyone.
Today, cash is barely 5% of “money” in circulation, and the bankers want to do away with even that paltry source in order to fully gain control over the financial lives of all citizens. The fact that this information still needs to be explained relates to the futility of the public ever wakening to the reality of how all Americans have been, and continue to be fleeced by the elites who control every aspect of how the United States functions, including the bought and paid for politicians, starting with the corporate federal president on down.
Our take on the precious metals charts strongly suggests that gold and silver may work higher, over time, but it will be labored and not without intense effort to overcome the unlimited ability of the Federal Reserve [controlled entirely by the elites] to create an infinite supply of debt that poses as “money.”
Money does not exist in this country. In fact, money does not exist anywhere in the world. What is money? So few people know, and many who profess to know do not. Money is a commodity with a recognized value. Gold and silver remain the last known standard of real money. Remember J P Morgan’s famous words: “Gold is money. Everything else is credit.”
If ever there were anyone in a position to know the difference between what is money and what is not, Morgan certainly knew. Credit is debt. Debt can never be money. Federal Reserve Notes, those that you have in your wallet and circulate in transactions are pure debt issued by the Federal Reserve. As we have stated several times, they are not Federal, there are no reserves, and they are not Notes. A note is a promise to pay something to someone within a specified period of time. There is no such promos on any Federal Reserve Note. These are undeniable facts yet many deny acknowledging this reality.
Federal Reserve Notes, what most people know as the “dollar,” are the biggest Ponzi scam ever. So many people are unable to comprehend this basic truth because they have come to believe in the lie told to them by both the Federal Reserve and the corporate federal government, which is not a government of the people, by the people, or for the people. That Republican form of government ceased to exist over 150 years ago when the South seceded from the Union and then president Lincoln formed a government run by Presidential Orders, and this country has been under martial law ever since, another fact not told to the American public. Whenever marital law exists, the Constitution no longer applies. [There is a reason why the constitution is no longer taught in any law school.]
Those with legitimate money, gold and silver, will stand the best chance of financial survival as the globalist’s continue to destroy the world in order to construct their New World Order dominance over everyone and everything. Will they succeed? So far, they have in an unconstrained manner. How well will those with gold and silver fare once the current fiat “dollar” scheme blows up in their faces and claim they never saw it coming? That remains to be seen. They will have means, but most of those who survive without any financial means will view those who have gold and silver with contempt.
We do not know for how much longer one will be able to acquire gold and silver without being subject to total government scrutiny, but for that reason alone, one should be in a continual purchase mode for as much as one can. It appears that gold and silver prices will continue to be kept low. The anticipated upside explosion did not happen in 2013, 2014, 2015, and most likely not in 2016. As to 2017? It is too soon to tell. Just keep acquiring PMs without letting anyone know you are doing so. Always remember, if you do not personally own and hold it, you do not have it.
Expectations for the demise of the fiat “dollar” have been misplaced, at least with respect to time, and as everyone knows, timing is everything. Since the breakout rally in 2014 out of a protracted TR, the correction has been mostly sideways. Weak corrections almost always lead to higher prices, and the probability of higher levels is greater than not. That would not be good news for gold and silver.
Any notions that a new currency, including the SDR, will have gold backing is folly. China just issued the first Yuan-denominated SDR, more evidence how the rest of the world is fast-moving away from the dollar as the necessary reserve currency for trade. No more.
China’s currency, [not money, but currency] is all digital, which is imaginary, not real. The interest in having the Yuan included in the SDR basket of currencies, starting in a few months, is China’s acceptance of another paper currency replacement, the SDR, over the US “dollar.” The SDR is controlled by the IMF, the globalist’s organization, and using gold backing by the globalists for anything will never happen.
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