In the history of the world the most common form of money has been precious metals, with the three most common being gold, silver, and copper. In the more recent history of the world nations have used paper money backed by precious metals. And in the last few decades countries have used paper monies backed by various other things or nothing, which some have termed as fiat money.
So, what if a country in our present-day fiat monetary system decides to back their currency with gold again, what do you think would happen to other currencies and the USD world reserve currency that are not backed by precious metals? I dare say that other currencies would lose their value and also nations would begin dumping the world’s reserve currency in favor of obtaining the currency backed by gold.
Well, guess what? Russia has just backed its currency to gold.
As Hal explains you can now buy an ounce of gold in rubles for about $1600 USD equivalent. In USD an ounce of gold costs about $1928. So, what would you use to buy gold, Rubles or USD?
And on top of that beginning on 3/31/22 they are selling oil and gas in Rubles/gold/BTC only. So, what does all of this mean? Check this out.
#GotGoldorRubles? Did Russia Just Break The Back Of The West?
I don’t think everyone has yet caught the significance of Russia announcing they are putting a floor under the price of gold.
But, to be clear, Russia just broke the paper gold suppression scheme…
As I talked about in previous articles, this sets up the opportunity to end the suppression of the price of gold through rehypothecation of physical gold in the paper markets which is the basis for the entire financial colonization system I described above.
FYI, this same scenario is going to play out in Bitcoin now that Russia has said ‘friendly countries’ can pay for imports with Bitcoin. Has anyone noticed the current rally in the World’s Most Hated Cryptocurrency?
We now have a full gold/bitcoin/ruble (and soon Yuan) interconversion system that completely and utterly cuts out Davos and destroys their colonial debt model while also taking away their power to crash economies through hot money in and out flows…
I agree, China will probably join in and back their currency with Gold too. I can see this crashing the dollar and other currencies and then the USA will probably have to come out with a new USA currency backed by precious metals and hopefully not from the Federal Reserve but from the USA Treasury, hopefully it will not be digital.
Take
a look at this map, how does it look to you?
I am not a financial guru, and I could be wrong, and none of this is to be taken as financial advice, but to me it appears that the fiat money systems of the world are about to crash, precious metals will once again return to their historical use, and thus precious metals will subsequently rise in value.
Wake up and smell the gold.
Update 3/31:
The World Government Summit is underway this week in Abu Dhabi and we’ve already got a bombshell to report.
Dr. Pippa Malmgrem, a top American economist who served as a special adviser to former President George W. Bush, made a statement that confirms everything myself and others have been reporting for quite some time – that a cashless society is looming right around the corner.
Watch ye therefore, and pray always, that ye may be accounted worthy to escape all these things that shall come to pass, and to stand before the Son of man. Luke 21:36
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https://citizens.news/606192.html
ReplyDeleteGood article thanks
Deletehttps://citizens.news/607307.html
DeleteHow is Gold, in these last days, a sound asset, considering James 5:1-3 ?
ReplyDelete5 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
Delete2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
4 Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of sabaoth.
5 Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter.
6 Ye have condemned and killed the just; and he doth not resist you.
7 Be patient therefore, brethren, unto the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth, and hath long patience for it, until he receive the early and latter rain.
8 Be ye also patient; stablish your hearts: for the coming of the Lord draweth nigh.
In reading the entire passage it seems to me that these verses are talking about the ultra-rich who have caused others in the world to suffer by holding back their wages.
DeleteThe judgment that is described here may be referring to a nuclear attack which could irradiate their metals and thus make it poisonous to own.
I do not believe these verses are telling us that it is wrong for a Christian to own gold and silver. The family of Jesus were given gold and I am sure that they used it in fleeing to Egypt.
But never should a Christian place their trust in gold, silver, money, or any possession, but our trust must be in the Lord.
Charge them that are rich in this world, that they be not highminded, nor trust in uncertain riches, but in the living God, who giveth us richly all things to enjoy; 1 Tim 6:17
I totally agree with you William. I understand these verses as meaning that riches will no more be able to escape the laws due to your wealth like thay are doing todays.
ReplyDeleteCounsel to the church of Laodicea (Rev. 3):
ReplyDeleteBecause thou sayest, I am rich, and increased with goods, and have need of nothing; and knowest not that thou art wretched, and miserable, and poor, and blind, and naked:
I counsel thee to buy of me gold tried in the fire, that thou mayest be rich; and white raiment, that thou mayest be clothed, and that the shame of thy nakedness do not appear; and anoint thine eyes with eyesalve, that thou mayest see.
--
It seems the counsel of buying gold is for the purpose of getting spiritually rich, leading to being eternally rich, in contradiction of being temporarily materially rich.
However, to me it's interesting that only the church of Laodicea was instructed to purchase gold. Many attribute the seven early church to the whole of the church age, which would make us also Laodiceans...
Many times proper interpretation can lead to a complete opposite of what the plain reading seems to say, but I believe there are cases where a "spiritual" interpretation is correct, but also what is plainly said can be true. I do believe this might be such a case.
I don't think me MUST buy gold, but in can be beneficial. Now is in my opinion a very good time to buy at least dry pasta and rice, where I live they are still dirt-cheap.
Money is not the problem....it is the LOVE of money.
ReplyDeleteRevelation 21:21
ReplyDeleteKing James Version
21 And the twelve gates were twelve pearls: every several gate was of one pearl: and the street of the city was pure gold, as it were transparent glass
Open SmartNews and read "Hundreds of murdered civilians discovered as Russians withdraw from towns near Kyiv (GRAPHIC IMAGES)" here: https://share.smartnews.com/7xnvG
DeleteTo read it on the web, tap here: https://share.smartnews.com/Zivbo
Hi William, what are your thoughts on these Apocalyptic events occurring and Ukrainian/Russian war fulfillment in the book of Revelation of the Souls beneath the altar crying out to Jesus for His mercy and justice? As the world watches the unfolding of this atrocity one would wonder that the three days are indeed symbolic of Christ's coming to avenge these precious children of the most high God. Thanks for sharing.
Exodus 25:10-22
ReplyDeleteKing James Version
10 And they shall make an ark of shittim wood: two cubits and a half shall be the length thereof, and a cubit and a half the breadth thereof, and a cubit and a half the height thereof.
11 And thou shalt overlay it with pure gold, within and without shalt thou overlay it, and shalt make upon it a crown of gold round about.
An interesting calculation:
ReplyDeleteWorld War I
Started 7/28/1914
7 + 28 + 19 + 14 = 68
World War II
Started 9/1/1939
9 + 1 + 19 + 39 = 68
Attack on Ukraine / World War III
Started 2/24/2022
2 + 24 + 20 + 22 = 68
I don’t know if this is under the right heading, but you moved it to the right place