In an article I wrote at the beginning of February – How To Avoid The Crush As Central Banksters Slam The Value of Money – I warned that the globalist criminals who head up the world’s central banking Ponzi scheme are and have been destroying the value of currencies not just in their own jurisdictions but the world over.
Now it seems their hell-bent crusade to make everyone their serfs is gathering pace.
This is the main reason why gold has risen in value by £116 an ounce since the start of the year and can be traced to the evolving process of destroying the world’s physical currency.
1. Physical Currency Destruction
This week Mario Draghi, president of the European Central Bank hinted that the 500 Euro note could be taken out of circulation.
At the same time Larry Summers advocates a ‘global agreement to stop issuing notes worth more than say $50 or $100’.
These cabalist frontmen are just two examples of current tactics to persuade a sleeping global population that currency destruction is good for the world because it limits the activities of terrorists.
The case for owning physical gold increases each time the mainstream media or a member of the cabal issues a statements like these not least because they often cite terrorism as a reason for currency destruction which is ironic since these same psychopaths have been shown to be the primary sponsors of global terrorism.
2. The Move To Electronic Monetary Transactions
The best example of how the future of global currencies will likely end up goes to Liberty Blitzkrieg via Zero Hedge who pointed out that although the board game Monopoly moved to electronic banking years ago, the latest version – The Ultimate Banking Edition – has totally eliminated cash and uses an ATM to record all financial transactions; a full-blown electronic currency system.
As Gizmodo pointed out players will no longer be able to cheat by squirrelling away a secret stash of cash for protection against bankruptcy and instead when a player lands on a property they wish to buy, their credit card is scanned and property card’s barcode is scanned then the correct amount deducted from the player’s account.
Whilst the road to serfdom plays out smart investors are taking advantage of the edge they have over these economic financial gangsters which is to buy physical precious metals.
Remember also the Financial Times last year calling for cash to be outlawed and electronic money to be adopted?
3. They Already Have Control Of Your Cash But Want More
In ‘Bring on the cashless future’ Bloomberg were simply outrageous.
It wasn’t because they merely advocated for a cashless society describing cash as ‘dirty’, ‘dangerous’, ‘unwieldy’, ‘expensive’, ‘antiquated’, and ‘analogue’.
Or describing the recent push by central banks to review the idea of a cashless society in China, Ecuador, the Philippines, The UK and Canada as a ‘welcome trend’.
The offending words have been boldened:
Much depends on the details, of course. But this is a welcome trend. In theory, digital legal tender could combine the inventiveness of private virtual currencies with the stability of a government mint
Stability of a government mint.
If digital legal tender becomes ‘as stable as a government mint’ then it will be ripe for value manipulation and debasement like it’s physical counterpart.
This idea should make investors shudder at the thought that digitizing monetary transactions the world over is a good idea.
We already live in a world in which your every financial transaction is stored on a government database.
Introducing a digital currency as the next level up would mean financial gangsters would also control what and when you can actually spend your money on.
We would end up moving from a broken fake capitalist system where banks are not allowed to fail to a Frankenstein communism where people have little choice in what they are allowed to spend their money on.
I’m remaining a gold bug for now.