Globalist’s Biggest Scam – Fiat Currency. It’s Debt Not Money

Michael Noonan – Last week, in “Fiat ‘Dollar’ Says Gold And Silver Will Struggle,” we said the following [See 4th paragraph]:

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.”

The globalists, through their creation of the Federal Reserve, have sold the biggest lie ever to the world and continue to get away with it.  People everywhere believe the fiat-created Federal Reserve Note, falsely called the “dollar,” is actually a monetary dollar.  We have often stated how Federal Reserve Notes are evidences of debt issued by the Fed.  We also always add that debt is not and can never be money, yet almost every American wrongly believes debt is money because they believe the Fed “dollar” is money.

Only gold and silver are money!

Gold and silver each are a commodity.  They have universal recognition and acceptance.  Their value is determined by the market by what people choose to accept as payment for goods and services offered.  By contrast, the Fed “dollar” is not money.  It is a currency.  A currency represents the actual money.  In today’s world, there is no currency that represents actual money.  Fiat is imaginary.  It does not exist except in one’s mind.  Yet, around the world, everyone’s imagination believes their local currency is money.

Only gold and silver are money!

If you go to a restaurant and use valet parking, you receive a stub to reclaim your car by the valet at the end of dinner.  The ticket stub is not the car, it represents the car to be “redeemed” upon presentation.  There is no currency in the world that represents money, and no currency can be redeemed for money.  Always remember, Only gold and silver are money! 

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Dollar Selling Panic Coming [Video]

WilliamsGreg Hunter – Economist John Williams has long predicted the $16 trillion in U.S. dollar assets held outside of America will be sold in a panic. The time draws near for that scenario to unfold, and Williams explains, “When people start selling the dollar, or dollar denominated assets, you will see the value of the asset plunge.  We have had a remarkable rally in the dollar since mid-2014, and it is up over 30%.

It is going to be going down by more than that, and we are going to be headed to new lows.  We have the waffling of the Fed and the beginnings of the perception that the economy is in serious trouble, which generally would be negative for the dollar.  We have started to see selling pressure on the dollar.  It has been inching lower.  It’s down year to year now. . . . The selling is going to intensify, not only with large central banks, but with corporations that will be beginning to dump their Treasury holdings. . . . Nobody wants to be the last one out the door when you have a panic like this.  It’s not a panic yet, but the potential certainly is there.”

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Silver, Silliness, Gold, and Risk

riskGary Christenson – The movie “The Big Short” features Michael Burry. His statement from Zerohedge:

“It seems the world is headed toward negative real interest rates on a global scale. This is toxic. Interest rates are used to price risk, and so in the current environment, the risk pricing mechanism is broken.”

Repeat: The Risk Pricing Mechanism Is Broken.”

What risks could be mispriced? A few come to mind.

  • The world is saturated in debt – over $200 Trillion. Does anyone expect that debt to be repaid? What are the risks when over $200 Trillion in debt can be counted as an asset only if that massive and increasing debt can be rolled over and replaced with say $300 Trillion in debt? What are the risks this exponentially increasing debt nonsense will be acknowledged for what it is – a train wreck in progress?
  • The US stock market looks like it is rolling over, just as it did 7+ years ago in 2008, and 15 years ago in 2000, and 1994, and 1987. What are the risks that the S&P 500 is overvalued, that the P/E and a dozen other measures are overvalued, and the stock market will correct/crash? Think back to 2008, 2000, 1994, and 1987. Read: Tread Lightly – 2016 Technical Outlook.
  • People and countries in the Middle East are not playing nice with each other. Regardless of whether the problems are religious, a 2,000 year feud, outside interference, control over gas and oil pipelines, or foreign policy stupidity, the region appears ripe for turmoil and more violence. Have risks been properly assessed? What happens if WWIII is born out of the fires of Middle East hatred, energy markets, and political posturing? Has that risk been properly priced into bond markets with negative yields, or stock markets with historically high P/E ratios, or crude oil prices at multi-year lows? Continue reading

What your high school chemistry teacher never taught you about gold

moneySimon Black – One of the more unfortunate developments in human civilization over the last century is the devolution of money.

In fact, the word ‘money’ has now become synonymous with those funny pieces of paper that are conjured out of thin air by unelected central bankers.

Or even more ridiculous, ‘money’ has become the electronic representation of that paper.

Think about your bank account balance; it’s not like the bank has all that paper currency sitting in its vault.

The ‘money’ in your account doesn’t even really exist. There’s just enough of a thin layer of confidence in the system (at the moment) that this is a widely accepted practice.

It seems rather strange when you think about it. Though for thousands of years, early civilizations had some pretty wild ideas about money.

There are examples from history of our ancestors using everything from animals skins, to salt, to giant stones, as their form of ‘money’.

Though I suppose these weren’t any more ridiculous than our version of money– pieces of paper that don’t even really exist, controlled by unelected central bankers. Continue reading

A Reality Check

Michael Noonan – There are two things about which everyone need be clear:  1. The lack of clarity of the identity of the global elites, AKA Rothschilds and their ilk, who control the world’s money supply along with every government, and 2. The demise of the fiat “dollar” and failed fiat Euro are not accidental.  Everything, everything is planned decades, or more, in advance by the global elitSes.  They control and use upper echelon characters, like Soros, Kissinger, et al, and their primary membership organizations like Council On Foreign Relations and United Nations, among others.

This does not mean all the details are determined on a micro level, but the general direction in which the globalists want to move the world is not happenstance.  Never forget their modus operandi:  Problem, Reaction, Solution.  They create their desired Problem, watch the public’s Reaction, and then swoop in with their intended Solution to solve the Problem few guess was started purposefully.  The Solution almost always moves the elites closer to their New World Order agenda and always entails a loss of freedom for people.

The Middle East has been under relentless attack for a few decades, growing into a disintegrating crescendo.  Lebanon, Palestine, Afghanistan, Iraq, Egypt, Libya, and now Syria, still under attack by the US-created ISIS, Iran isolated and monetarily sanctioned, ostensibly threatened over their non-existent nuclear threat, another US false flag.

Nowhere in the elite’s bought-and-paid-for mainstream news media will you hear about Iran using nuclear energy to supply their electricity needs throughout the nation.  Nowhere will you hear that Iran has no means of delivering any nuclear attack, which is not being planned anyway.   Nowhere will you hear that the isolation and sanctions are US payback for selling oil and not using the US fiat “dollar.” which is the real and only reason Iran is being demonized as a nuclear threat. Continue reading