Posted on 07/04/2024 5:53:56 AM PDT by delta7
Dear Friend of GATA and Gold:
Our friend the Dutch gold researcher Jaco Schipper today calls attention to a May 15 report from the public broadcasting service in the Netherlands, NOS, about the government's new fortress gold vault in the town of Zeist:
https://nos.nl/artikel/2475275-hoe-verplaats-je-in-het-geheim-15-miljard-aan-goudstaven-en-geld
At the conclusion of the report an official of the Dutch central bank, Coen Voormeulen, makes a remark that is reminiscent of Dutch gold researcher Jan Nieuwenhuijs' reporting about the "gold revaluation accounts" maintained by some central banks:
Voormeulen says of the Netherlands' 14,000 gold bars, estimated to be worth 15 billion euros: "The gold is the ultimate reserve if the entire financial system were to get into trouble and nothing would be of value anymore. Then the gold is still worth a lot of money. We can start over with that."
STARTING OVER with gold does seem to be increasingly under discussion in official circles around the world….
The very first thing Trump must do is audit our gold holdings. Many suspect we have very little left of our “ declared” 8,000 tons. Do realize our Gold holdings have not been fully audited since the 1950’s. Much commentary over the years about Clinton the first one to start draining our gold reserves….
“The Power of Gold” will be “Just like ‘Starting Over’”
https://www.youtube.com/watch?v=Kk75J-VwUOU
https://www.youtube.com/watch?v=gGOeNWEAEGY
A blast from the past, this old article explains the Central Banks current record purchases of Gold. Gold is now a Tier One asset, mandated by the World Banking System, BIS, and IMF.
“ NEW RULES FOR BANKS
Previously, banks could hold gold on their balance sheets in the form of unallocated paper gold contracts without holding physical gold in tangible form. These paper contracts were considered as “good as gold” when it came to determining how much capital a bank needed to maintain on its balance sheet. Under the old rules, there was little incentive to hold physical gold, as it was only valued at 50% for reserve purposes. Basel III rules move physical gold from being considered a Tier-3 asset to being considered Tier-1, which allows physical gold in bullion form to be counted at 100% value for reserve purposes. Gold in unallocated paper contracts will no longer be considered an equal asset. For this reason, banks using paper forms of gold to help meet reserve requirements will have to convert those positions to physical metal, or risk becoming too undercapitalized to continue to function...”
https://www.usgoldbureau.com/news/post/basel-iii-and-gold
Fact is the world’s paper financial system is bankrupt. They know something we don’t, and instead of warning us, continue to quietly load up on physical Gold.
….it’s coming.
[Fact is the world’s paper financial system is bankrupt.
They know something we don’t]
I think they know the next “big one” is coming and they can’t do anything to stop it.
The world is sitting on a $91 trillion problem. ‘Hard choices’ are coming
https://freerepublic.com/focus/news/4248448/posts?
91 Trillion Dollars? Hang on, let me check my jeans pocket.
Many have stated to cover all the trillions of worthless paper debt held by nations, it will have to be “ revalued” to cover the debt amounts…..which means astronomical highs for gold…..the only question left: when Gold’s revaluation occurs,” will it be for me, and not thee?”
Stay tuned for the upcoming Great Taking, Great Reset, etc….it is a mathematical certainty.
As a public service, I post this non profit site to keep everyone current. Get all the Gold news that our MSM will not publish.
I am still waiting for
central-bank-digital-currencies
I am still waiting for
central-bank-digital-currencies
————-
Make no mistake, it’s coming, here’s how:
The US’s unpayable debt is realized. Government Bonds, Notes, instruments of debt go into firstly a “ minor” default. Sets off panic. Very few buyers of US debt. More Panic. We will be told our digital currency (cashless CBDC) will prevent you from losing your 401K, SS, Pensions, etc….remember the panic over Covid? 75 percent of Americans rushed out to take the ineffective and dangerous jabs!… out of FEAR.
Make no mistake, the US population will rush to a cashless system when faced with losing much of their “ wealth “. Smucks.
Great post. Did you notice the replies? Notice the vast majority are believers in God almighty. The athiests, lukewarms “ have not been given” to see or hear.
A sorry state America is in, all the more reason the majority ( who are unbelievers) will get tricked into the cashless system.
Do realize us believers are guaranteed “ Provision”, not “ Prosperity “. Pray for Discernment, we will do fine…..all the others? They will still have time to seek out our Savior, but as biblical history shows, they will have to be brought to their knees, the hard way…..then there will those that never “ get it”, those have a reserved seat in the “ smoking section”.
Exciting times.
It is beyond me why people think gold is valuable. You can’t make anything with it. Except jewelry.
On his way out, Biden will auction off Fort Knox to Hunter’s clients, with a very juicy commission for Hunter, and at least 10% for the Big Guy.
Equine feces.
[I am still waiting for
central-bank-digital-currencies]
Definitely coming. One of the few commercials I recommend and 17 minutes at that.
Biden’s EO 14067
This video is actually worth watching the portion I recommend - this ain’t going away
Biden already signed EO 14067 March 9, 2022.
The Digital Dollar will save us! Yeah, That’s the ticket!
(worth it to watch just the first 17 minutes - there will be no way to “prosper”, though)
Yes, I recommend watching the first 17 minutes of this video
The Jim Rickards Commercial - Jul 5, 2022
https://youtu.be/fCfzQNhi_ns?t=0
(Google’s YouTube, amazingly, kept popping this up on my recommended playlist on the side - so I finally watched the beginning of it - ignore the sales pitch and watch the first part I recommended above)
[Great post. Did you notice the replies? Notice the vast majority are believers in God almighty. The athiests, lukewarms “ have not been given” to see or hear.]
Thank you for you comment.
Yes, I DO believe we are indeed upon those times. It’s about to get more ......... BIBLICAL (IMHO)
That’s why I’m posting like a crazy guy (LOL) - I’ve been hanging around Nully too much - it’s his fault!
Yeah, that’s the ticket! Blame Nully!!
Sure. Pick on the resident agnostic!
Yes, also believe we are indeed upon those times.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.