Latest topics
» Monster Black Hole Lurking In Giant Star Cluster Spotted By Astronomers
Today at 1:36 pm by PurpleSkyz

» Massive Earthquake Strikes Namatanai, Papua New Guinea
Today at 1:34 pm by PurpleSkyz

» *Transformers Exploding-Manhole Covers Flying In Multiple Locations*Sign Of What's To Come?*
Today at 1:33 pm by PurpleSkyz

» NIBIRU News ~ ARE THEY TOLD TO KEEP QUIET!? plus MORE
Today at 1:28 pm by PurpleSkyz

» LEADING CAUSE OF DEATH 2018 42 MILLION #WEATHER WARFARE LIVE!! #ANALYSIS
Today at 1:12 pm by Consciousness Of Economic

» 2*16*19~NEVER B4 SEEN(!)VENEZUELAN PREDICTIVE PROGRAMMING EVENT REVEALED IN 1987(!)
Today at 1:10 pm by Consciousness Of Economic

» Climate Engineering Winter Weather Warfare
Today at 1:09 pm by Consciousness Of Economic

» BBC Producer: "Prove W/Out A Doubt ... Chemical Attack In Syria Was Staged"
Today at 1:08 pm by Consciousness Of Economic

» 1865 Birth of a Civil Hoax | UAP
Today at 1:07 pm by Consciousness Of Economic

» Medical Marijuana in Assisted Living Homes? (Yes or No?) YES!!!!!
Today at 12:33 pm by PurpleSkyz

» #QTard Drama Theater - Q Dark To Light plus more
Today at 12:31 pm by PurpleSkyz

» Dave Janda – Globalists Win if MAGA Supporters Walk
Today at 12:30 pm by PurpleSkyz

» SHOCK CONFESSION: What This Man Witnessed At Roswell...
Today at 12:27 pm by PurpleSkyz

» SUPER SNOW MOON February 19, 2019
Today at 12:25 pm by PurpleSkyz

» The STRAW MAN "Explained" :David-Wynn: Miller
Today at 12:07 pm by PurpleSkyz

» UFO News ~ The best of 3 years UFO hunting - The evidene - UFO's are REAL ! plus MORE
Today at 11:54 am by PurpleSkyz

» 2019's first snow circle
Today at 11:50 am by PurpleSkyz

» Israel prepares for conflict with Russia
Today at 11:45 am by Consciousness Of Economic

» Adrenochrome
Today at 11:42 am by PurpleSkyz

» CRITICAL INFORMATION(!)DC IS HIDING *THIS* ENORMOUS FACT ABOUT VENEZUELA FROM EVERYONE(!)
Today at 11:08 am by ANENRO

» Loud & Mysterious Trumpet sounds coming from the sky, US, Jan 6th
Today at 1:27 am by PurpleSkyz

» Mars Photos That Could Change The Way You Look At The Red Planet Forever! What Is Up There?
Today at 12:21 am by PurpleSkyz

» Command Sergeant Major Robert Dean reveals all he knows - UFO's are REAL!
Today at 12:15 am by PurpleSkyz

» The Fight Over Mandatory Vaccinations at the State Level – Update
Today at 12:13 am by PurpleSkyz

» Bright green METEOR FIREBALL disintegrates in LOUD RUMBLE over Florida night sky
Today at 12:03 am by PurpleSkyz

» Blue Chicken Cult – David Wilcock: Ascension Through the Ages
Yesterday at 8:08 pm by PurpleSkyz

» Body Language: Trump Declaring National Emergency for Border Wall
Yesterday at 7:52 pm by PurpleSkyz

» The Truth About the Foo Fighters. Richard Dolan.
Yesterday at 5:21 pm by PurpleSkyz

» New Abe Froman Dave Schmidt / Meta 1 scam video..enjoy!
Yesterday at 4:43 pm by PurpleSkyz

CLICK THE SUBSCRIBE BUTTON BELOW TO RECEIVE OUR DAILY NEWSLETTER

A 2ND EMAIL COMPLETES THE ACTIVATION PROCESS




CLICK THE PURPLE BUTTON TO VIEW OUR LATEST POSTS






CHARITY WATER PROJECT
100% OF DONATIONS GOES TO PROVIDING CLEAN WATER TO THOSE IN NEED


www.charitywater.org

1 in 10 people lack access to clean water. We’re on a mission to change that. Here’s how.



Private donors cover our operating costs so 100% of your donation will bring clean water to people in need.

www.charitywater.org




You are not connected. Please login or register

Out Of Mind » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » Switzerland Unveils 100% Gold-Backed Currency

Switzerland Unveils 100% Gold-Backed Currency

Go down  Message [Page 1 of 1]

1 Switzerland Unveils 100% Gold-Backed Currency on Wed Jul 04, 2018 2:03 am

PurpleSkyz

PurpleSkyz
Admin
Switzerland Unveils 100% Gold-Backed Currency
Date: July 3, 2018Author: Nwo Report  

Switzerland has outlined plans to create a 100 percent gold-backed currency to replace the US dollar as the world’s premiere currency. 
Following in Russia and China’s footsteps, Switzerland has decided to switch from paper-backed securities in US dollars to something more viable and sovereign – gold bullion.
“The Swiss government Pension System decided to change from paper gold in the amount of 700 million CHF into physical gold and store it in Switzerland. The 700 million only stands for 2 percent of the total assets, but it is quite a surprise that they do this,” Claudio Grass, an independent precious metals advisor confirmed.
Rt.com reports: “Physical gold is the best way to hedge as well as to accumulate wealth over decades. If you would have purchased for $100,000 gold in mid 70ties the holding without doing anything would be worth more than $2 million,” the analyst said. Another factor why the pension fund demanded physical gold was that they understand that paper gold just represents a claim on gold in a highly paper-leveraged gold market, Grass explained.
“It makes common sense under the actual circumstances to assure it is stored in the home country, Switzerland, instead of London or the US, which reminds me of the central bank repatriation,” the analyst added.
Grass adds that countries are noting the geopolitical shift from West to East and that is why they are buying more real gold instead of the US dollar-based papers.
“The last geopolitical shift that started with WWI and ended with WWII, put the US in a dominant position and it owned and stored 70 percent of the gold reserves of the free world. This is also one of the main reasons why the US won the Empire over from the Brits. Now we can witness another geopolitical power shift, with the rise of the East,” he said.
The global debt burden continues to grow, while more than 65 percent of all monetary reserves on this planet are in US dollars, Grass notes. “Holding physical gold is definitely the best hedge against all sorts of fiat money risks, but from a central bank perspective it is definitely the best hedge against a weakening dollar that is on its way to reaching its intrinsic value which is zero,” he said.

Rate this:


Thanks to: https://nworeport.me



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum