Breaking the paper gold suppression scheme

Destroying Narratives about Politics, Markets and Culture. At last I've found a kindred spirit. Tom Luongo, truly amazing insight and discernment that goes against the status quo of the sheep.

#GotGoldorRubles? Russia Just Broke the Back of the West - Gold Goats 'n Guns

Always believed in real gold (ie bars and coin) and bought Krugers. I believe it has real intrinsic value and not extrinsic values.

To have wealth backed up to government and private contractual promises today faces huge risks because the lack of integrity and principles of sound enterprises and endeavors are drastically slipping away.We are living in an unprincipled world where honour is eroded. Agreements are not met and manipulated and cannot be trusted and secure.We have seen this particularly now in this conflict. Covid 19 virus could be. I think, as a preliminary prepar ation, perhaps in one or some of these so called biological and chemical labs. One can definitely smell a rat here if you start thinking. The bulk of people are now facing mind control and manipulation by governments that stealing independent thought patterns and individuality and replacing it with artificial intelligence, even Musk, ironically said we are opening a can of demons if it is not hedged.Although I believe most Americans are basically good people, "Big Brother" is clearly not.

Another article (reply)

America forced all its citizens to give the government all their gold coins, bullion, and gold certificates in 1933 with executive order 6102. This led to the enactment of the Gold Reserve act of 1934, which prevented citizens from owning physical gold. This theft was to protect the currency system of the Federal Reserve bank.
_The Federal Reserve bank is a private bank. It is not owned by the US government or citizens. It is owned by large US banks. It is not part of the US government. This put the US under the silver standard internally, but external foreign transactions were still under the international gold standard.
_President Kennedy tried to return control of the US money supply to the citizens by executive order 11110. Citizens were able to exchange federal reserve notes for silver coins and silver certificates. The US constitution says that the money of the land will be gold and silver (Article 1, section 5). It doesn’t say anything about money being green ink on cotton paper. Kennedy was assassinated only 3 months after issuing this executive order.
_President Johnson reversed this order. Johnson also ended the backing of the US dollar by silver. He used inflation to pay for the Vietnam war. On July 23, 1965, he approved the Coinage Act of 1965. This removed silver from circulating coins and authorized that silver clad coins be used for the half dollar, quarter, and dime. An ounce of silver in 1965 costs one US Federal Reserve bank paper dollar bill. At the time of this writing, an ounce of silver sold at a coin dealer costs 26 US Federal Reserve bank paper dollar bills. If you go to a bank and ask them to exchange your paper dollars for metal gold or silver coins, they will laugh at you. They will refer you to a coin dealer.
_This inflation is caused by the Federal Reserve ordering printing of new issues of dollar bills. This does not require the approval of voters or Congress, only a vote of the officers of the bank. This new fiat money is put into circulation by loaning it to banks. Prices then race to keep up with this sort of inflation. This new money dilutes the value of any existing monies kept as cash, savings, or cash annuities.
_President Nixon stopped a run on US gold by foreign nation creditors in 1971 by ending the conversion of gold to dollars and vice versa. This ended all backing of US federal reserve notes by gold. The US dollar became strictly a fiat currency. The Federal Reserve promissory notes have been losing value ever since. For example, if a person held $100,000 in a non-interest-bearing savings account in 1965 and left it there until today, the present-day buying power of that money would only be $26,000, a whopping 74% loss. The average citizen will never understand this.
_President Carter ordered the sale of US gold to the Arabs. In return, they promised they would not raise the price of oil anymore. They did not keep their promise. Fort Knox is empty except for a token display of gold they keep near the front entrance. This is to show any government leader that shows up on a surprise visit without an appointment and demands a tour as proof there are still US gold reserves. The US will never be able to go on the gold standard again since it has no large gold reserves.
_The other gold reserves are kept in the basement of the federal reserve bank in New York. This gold belongs to foreign countries, but is stored in the US. All countries have been flatly refused that have tried to take physical possession of “their” gold to repatriate the bars to their home country.
_America has instigated over 200 armed conflicts since WW2 ended. Most of them were to protect the stability of the dollar. One of the results of the war was that the reserve currency for the world became the US dollar. This actually worked as long as it had some form of silver backing or gold international backing.
_To review briefly the conflicts since WW2:
• Iraq stopped accepting USD for oil in 2000. It was invaded in 2001. Saddam Hussein was hanged in 2006.
• Libya stopped accepting USD for oil in 2011. It created and issued a gold-backed currency. Libya was invaded during a general uprising of the people. Mu’ammar Al-Qadhdh?f? was assassinated in Oct. 2011 while hiding in a grocery store.
• Venezuela stopped accepting USD for oil in 2017. They created a gold and oil backed currency. A coup was attempted but failed. The US gets much of its sour crude oil shipments from Venezuela. Some of it is first shipped to Mexico or Brazil to disguise its origins.
• Iran stopped accepting USD for oil in 2008. It banned the USD completely in 2017. The CIA has attempted to incite protests and a regime change, but this has not worked. The US has severely sanctioned Iran to the point of crippling its economy. Poor and working people are the most impacted by this with widescale unemployment, hunger, and poverty.
• Russia and China agreed in 2019 to bypass the Swift Payment System. This is used to settle large debts between countries. It uses the USD as its reserve currency. Transactions are settled in USD. They established the CIPS Chinese financial clearing system as an alternative. President Trump tried to force China back into the Swift System by punitive tariffs. China responded with severe tariffs of its own. Trump’s tariffs backfired.
_The USD is supported by supplying generous gifts to countries as foreign aid. This sounds charitable and looks good on paper for the US to help poor countries. All foreign aid must be spent on buying US manufactured weapons or other US manufactured goods. The gifts are quickly recycled back into the US economy, less the amounts used to buy friends and goodwill. This amounts to a subsidy to US arms manufacturers.
_The bottom line here is that the super-rich elites who own the banks that own the Federal Reserve will go to extreme measures to protect the supremacy of the dollar as the world reserve currency. They know their own fortunes, future, and legacies depend on this. The super-rich elites are all fine-looking, well-educated, and for the most part decent acting people. In actuality, they are sociopaths who do not care for anyone or anything other than their families and their personal or family wealth. Their two main goals are to get richer as a class and to control the world as much as possible to guarantee their benefit and increase. _They react swiftly and severely to any real threats. Any world leader that would challenge this status quo must be informed of the possible consequences. There will be consequences depending on the level of threat and situation.

(PS...This could be the main reason why US pushed the bounderies and aggravated and ignored the real issues of Russia/Ukraine.

Ukraine has no value to USA and has been used in this context, Russia and it's president muddied and make the bogeyman yet again but I also believe that something very sinister was behind these laboratories, especially as Biden and his son Hunter were involved in. He's shitting himself now and that also could be another major reason for his insane frenzy to finance and keep this war going by pouring in weapons. It was very easy to demonise Russia and especially their president so that suckers in this world like Denny and some others easily swallow hook, line and sinker.

I believe 2 things can happen, either this war escalates to oblivion or some terms are kept but I'm a bit skeptical to the latter. To leave Ukraine as it is with a wishy washy agreement won't be enough because the Neo Nazi element is very factual and true and is the catalyst that drives it and has been for the last 8 years. The war of lies is how it is, so was Iraq, Libya, and the others, except this one is a proxy war where US and Nato were careful themselves not to declare it and get physically involved but in desperation this could well change and spill over and start a dreaded world war.)