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Gold Standard Revival: How Russia and BRICS Could Reshape the Global Economy – Jim Rickards Insights

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Gold Standard Revival: How Russia and BRICS Could Reshape the Global Economy – Jim Rickards Insights

Jim Rickards delves into the potential impact of Gold Standard and how it could revolutionize the world’s financial landscape. Discover the expert analysis and predictions regarding the future of gold as a monetary asset. Stay tuned for valuable insights and a deeper understanding of the evolving role of gold in modern monetary policy

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  • tony

    International Public Notice: Regarding “Gold Revaluation Accounts”
    Also called “off ledger accounts” the “gold revaluation accounts” being held by banks are their hedge funds against the day when the delusion of the Federal Reserve Notes and EUROs can no longer be maintained. 

    This is the “back end” of the Federal Reserve scheme, the means they intended to ultimately profit from, ever since their first meeting at Jekyll Island.

    The idea, part of a “Hundred Year Plan” that included multiple government corporation bankruptcies, is simple.  

    Take everyone off the gold standard and the silver standard, hoard the bullion and coinage in “off ledger accounts” that the banks can see as “private holdings” —pretend that these “holdings” belong to unknown depositors, claim them via claims on abandonment benefiting the banks, wait for deflation and inflation to eat away the fiat currencies and run up the “value” of gold, then cash in. 

    That is, they used a simple hedge-fund approach on a macro-economic scale, and are counting on the increase in the perceived value of “their” gold and silver hedge fund holdings, to more than compensate for the loss of value of the fiat currencies.  

    Only it’s not their gold and not their silver in these “revaluation accounts”. A good portion of it belongs to the actual land and soil jurisdiction governments, and far more…

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