Posted on 04/22/2021 5:27:05 AM PDT by EBH
(Video)If it feels like the U.S. government is spending money like it's going out of style ... it's because it is! Glenn exposes the TRUE state of our economy that the Biden administration doesn't want you to see. Obama kicked off a spending spree that was continued under Trump, and now Biden will finally push us over the ledge with the $2.3 TRILLION "infrastructure" deal. All signs point to a major economic disaster. And the perfect storm is brewing to convert the greenback into a new digital currency. Think Bitcoin, but with CENTRAL bank control, where we could see the end of private savings and private spending and your finances are tracked. Every time our money gets converted, your wallet will take the losses.
Much speculation. No citations or references to support it “coming soon”.
Although more was given, search words NESARA and QFS should suffice to get started: duckduckgo/bitchute/telegram. In a pinch, but not recommended as they are controlled by the deep state and central banking: youtube, google, msm.
State government precious metal backed currency is quite feasible.
State governments levy sales taxes which would help pay the security costs of guarding the precious metal.
State governments also guard state houses and prisons, so they have the inherent need to pay for security people.
The State of Florida might buy $1,000,000,000 of bullion.
I might buy up to say 3,000 Desotos at say $3,000 in March 2022 in an initial offering. Holdings would be limited to Floridians and say a maximum of 5,000, except for a 14-day period. The 14 days is to give employers time to pay their Florida employees.
These Desotos would be good for buying services, food and paying Florida taxes.
I’ve done research on the QFS and am not persuaded by the videos and other evidence. Very light on primary sources. Claims that QFS is using technology provided by benevolent extraterrestrials also has no primary references.
You do realize that there are FReepers that claim that QFS is rolling out soon, with one FReeper saying almost two months ago that QFS was coming “any day”.
Lots of claims, for sure.
Long-term debt “could easily be pegged to the US land, oil, timber or any other commodity” and probably will be.
It should be well understood that the norm will be the government winning and not you.
You can’t shield the equivalent of a $100,000 income year after year from the thieves in DC.
The people that vote to have the government pay their bills need to be made to understand that enough people can try to play that game that it will become impossible for any government to deliver on politician promises.
The grey matter needed in is your heads.
“Think QFS (Quantum Financial System) and NESARA. Precious-metals-backed currency.”
One problem with precious-metals-backed currency is that it would tend to get owned by Asian countries and citizens.
DeGaulle was able to force the US off the gold standard even though the French economy is not a Chinese/Japanese/Korean level exporter to the US.
Until China joins them
The yuan/dollar ratio has been quite stable:
https://www.chartoasis.com/usd-cny-forex-chart-5-years-cop0/
The dollar has sunk against the Euro in the past year, but is within a range much longer:
https://www.chartoasis.com/eur-usd-forex-chart-5-years-cop0/
Yes, very much so. I gather I'm essentially doing so right now. It's coming, timing is for speculation.
I will make this caveat: Anybody that says when QFS/NESARA will roll out doesn't know. Anybody that knows when QFS/NESARA will roll out won't say.
I'll also point out that Deep Staters (like folks associated with the Central Banking System, FED, 'Rats, MSM) that want to keep the current SWIFT/FED could very well be the source of stories that tie NESARA/QFS to extraterrestrials, flat-earth types, etc, to try to monkey wrench the issue. So, I would not take some extremity aspect and extrapolate it as a complete debunking.
Bottom line is, you've done your due diligence, and seem to reject it all. That's really fine - you've done some digging. I've also performed, to my satisfaction, my own due diligence digging, and have obviously come to the opposite conclusion. This is as it should be!
Cheers/NCSWIC.
The amount of PM's held by Asian countries/citizens is peanuts compared to that held by the Vatican (the money center of the Vatican/London/DC Cabal).
Fort Knox *used to be* empty.
OSB, little chips of "timber" pressed into sheets has gone from $9 per sheet to $39 per sheet in one year
Jimmah Cahtah...ON STEROIDS
https://www.investing.com/analysis/silver-shorts-holding-on-by-a-thread-200574106
Silver Shorts Holding On By A Thread
By Andrew LaneCommodities Apr 20, 2021 07:25AM ET
10
Andrew Lane Andrew Lane
The fundamentals for silver have never been stronger. The double edged sword of the white metal with its industrial and investment appeal should lead to higher prices in the very near future.
Since February 2021 and the well documented silver squeeze, there has been an army of folk around the world that have brought to light what an undervalued commodity silver is. WallStreetSilver gains around 1000 new members weekly, each encouraging the next to buy physical silver in the hope of squeezing supply. And it is working there is no doubt about that. The Perth mint appears to be defaulting on deliveries. Major websites around the world are out of stock of retail coins and bars. Anything that is left on the shelf is attracting a huge premium. Some dealers are not accepting delayed orders at current prices, given the risk associated with the squeeze.
Such is the momentum gained through this movement, there are several big name Youtube channels that are in the midst of lawsuits against the banks that are, and have been carrying out brazen price manipulation in public view. The CFTC admitted in an interview lately that it would be problematic if the price of silver was to have gone up in February, as London was less than a week away from being emptied of supply. How is an institution that is supposed to investigate crime in markets making statements like that? Do they have huge short positions in Silver? Conflict of interest anyone?
The Comex in the last few months has seen record outflows that they aren’t used to because up until recent times, paper trading was settled with cash when contract month expired as no one every stood for delivery. Now the retail stackers are swallowing up supply, the dealers are having to go to the Comex. So how much is left? Unfortunately, getting the truth out of the Comex is like trying to herd cats – it won’t happen. Insiders are saying that the situation has become extremely delicate in the last few months. Basic maths could determine above ground supply is dwindling, and mines cannot produce quick enough. Recent estimates call for demand to far outweigh supply this year.
Industrial demand has never been stronger. With Biden’s green plan around the corner, and the ramp up of EVs, Silver is in demand. Just in the last few weeks, car production at two major manufacturers has ceased for certain models, as there is a lack of chips available to the market. Nissan (OTC:NSANY) has had to furlough staff at their Sunderland plant, and Subaru (OTC:FUJHY) has made similar cutbacks. Tesla (NASDAQ:TSLA) admitted recently that production has waned due to lack of electronic components. The fundamentals are bulging at the seams. And that is just the industrial side. The monetary appeal of silver with low interest rates, money printing, inflation, geopolitical concerns and dollar debasement couldn’t be better aligned. Silver has long been a hedge against inflation.
So what will it take for the price of silver to skyrocket? Two events: Banks unwind their well documented short positions and go long, and Comex/LBMA defaults. When you ask yourself, who in their right mind is selling physical silver back to the Comex at these current price levels, given the fundamentals for Silver, you don’t need to be a genius to realise it is all paper trading.
I’ve heard an argument against silver increasing in price recently as green technology would become too expensive. Solar panels will be unaffordable as will electric vehicles. Let me put it to you this way. Palladium is heavily used in the automotive industry in catalytic converters. Four years ago it was trading at $560 an ounce. Today it is almost five times that. Palladium suffered the same fate as silver for years with huge players shorting the market. They lost their battle. Consider what could happen with silver.
With the shelves empty at dealers across the globe, the main exchanges struggling to cope with demand, and global silver retail movement gaining traction, this could happen very soon. When silver breaks $30 dollars an ounce and we have a weekly close above that level, the big institutions that have been short silver for years, will have to throw in the towel or face mind blowing losses. It can’t be that long to wait in what could be the last in a generational buying opportunity.
Most of us crypto fanboys investors realize that governments WILL convert to digital currency but it won't be privacy based as crypto somewhat is right now. fedgovs will make sure the algorithm allows for complete tracking and control of the individual. Meanwhile, I bought $250 worth of crypto 2 months ago and just converted $300 back into USD to buy new rear tires for my tractor, leaving me with $170 in crypto. That $170 it now $142 but I still almost doubled my money in two months. I wish I had invested $2500 but in one particular crypto currency, ARRR, that has grown from $0.40 to $7.40 in value in less than 30 days. That $2500 would be $46,250 today. Yup, there are some naive crypto fanboys out there but some are rich now and they know digital currency is coming and that government damn sure will accept it but not until they can control it.
The Marshall Islands has created a national cryptocurrency and it will run on the Algorand network. Canada's only approved crypto will also run on the Algorand network. Algorand was founded by an Italian professor at MIT who won the Turing award for cryptography. He's one of several PhDs on the developer team, most of whom are also with MIT. Several other non-developer team members have won various awards in their fields. A couple of projects running on Algorand are by companies known to be under control of the CCP. ALGO has more large, real world use cases than any other crypto and their not going away any time soon. Neither is crypto in general and governments will accept it but only once they can control/regulate it. https://www.algorand.com/ecosystem/use-cases I may not be a smart man Jennie but I do know my $300 tractor tires cost me $100.
Convert the greenback into a new digital currency.
How many Bitcoins does it take for a loaf of bread and what type of change do you get back?.
Green coin worth five blue coins.......................
The naivitivty is thinking those gains are anything other than short term. Reminds me of those bragging about some winning streak in Vegas.
In 2011, the price started at $0.30 per bitcoin. Ten years later, it sits at almost $55k. Helluva long winning streak for some people. All Bitcoin will have been distributed in the year 2140 at which point scarcity begins. I keep my crypto funds in two different tokens/assets/coins. ALGO & BAT. The Algorand team is loaded with PhDs and business people who have worked for large corporationa and won awards in their field. It's not going anywhere. The other one, BAT(Basic Attention Tokens), was started by Brendan Eich, inventor of JavaScript when he worked for Netscape, former CEO and co-founder of Mozilla and creator and CEO of the Brave browser. BAT is also not going anywhere and is tied into the Brave browser.
(naivitivty) I do not think that word means what you think it does. In fact, I do not think it's even a word. Perhaps you meant naiveté?
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