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To: Cletus.D.Yokel

Storm repeats what Trump has said on gold, but not said often.

Trump voices the importance of the dollar, but has not insisted or emphasized that it be forever oil backed.

I always thought DJT rather respected, if not preferred gold backed currency.

If it is true that there is some kind of alliance of sovereign nations, with Trump, then there would be reliance on one another to battle the WEF. OR, we lose, and Revelation pours forth with “globalism” no man can condition. 😬


270 posted on 01/08/2024 11:44:25 AM PST by RitaOK (Viva Christo Rey. For Greater Glory. HIS. )
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To: RitaOK

See my post above. ☝️


282 posted on 01/08/2024 12:10:13 PM PST by Cletus.D.Yokel (When I say "We" I speak of, -not for-, "We the People")
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To: RitaOK

You’re correct that President Trump favours/favoured a return to the gold standard. This was reported in 2016 and criticized by economists around the world. President Trump announced on July 2, 2019, that he would nominate Judy Shelton to the Board of the Federal Reserve. She’s known for her advocacy for a return to the gold standard and for her criticisms of the Federal Reserve, which she compares to the Soviet Union’s economic planning. Her nomination stalled on November 17, 2020, with a 47–50 vote in the Senate, and was withdrawn completely by Biden 15 days after his inauguration.

If the US actually returned to the Gold Standard, each troy ounce of gold held by the US Treasury would be worth about $8640. This is based on the Treasury’s promise that it holds 261,498,926.23 troy ounces (286,890,472 avoirdupois ounces) of gold, and the 2022 report of the amount of US money in circulation - $2259.3 billion. Rand Paul’s motion to audit the gold failed, so nobody really knows how much gold the US holds. Many think it is MUCH less, which would only serve to increase the value of the actual gold held if it were to be used to back the dollar. Today, the market cost of gold is $2028 for one troy ounce and $1849 for one avoirdupois ounce.


308 posted on 01/08/2024 2:06:58 PM PST by LittleLinda
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To: RitaOK; Cletus.D.Yokel

Something I’ve not seen noted, but the Globalists HAVE to have a huge interest in seeing Israel actually destroyed. It would throw a MASSIVE wrench into Christianity and Christian Eschatology for many.

Success at that (which I personally doubt being possible between the Lords hand and Israels pile of nukes) would create a whole raft of possible outcomes/scenarios, all of which would be crazy.


367 posted on 01/08/2024 5:45:18 PM PST by Axenolith (MALITIIS HOMINUM EST OBVIANDUM)
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