-
Stay ahead of the economic challenges on the horizon with a free subscription to The Economic Collapse Substack.
The slow and steady push for de-dollarization across the globe has accelerated dramatically in recent weeks as the prospects of victory in November for Donald Trump have globalist elites and BRICS nations worried.
Russian IMF Representative Alexey Mozhin said recently that BRICS is ready to offer a blockchain alternative to not only the current international payment systems, but for the U.S. Dollar itself.
“Such a proposal is being discussed,” the director told RIA Novosti. “In the event of the collapse of the dollar and the international monetary system, it will be necessary to turn the said BRICS accounting unit into a real currency, backed by exchange goods.”
Until recently, BRICS seemed content to allow the U.S. Dollar to collapse on its own based on growing sentiments of dissatisfaction and concern even among America’s allies. But as Joe Biden continues to falter and polls show President Trump’s prospects improving daily, the rush is on to crash the Dollar artificially.
“They know a Trump victory will rejuvenate the economy,” said Jonathan Rose, CEO of Genesis Gold Group. “This is why BRICS nations and other enemies of the west are pushing harder to cause economic turmoil worldwide.”
Rose said the rush by Central Banks to buy physical precious metals is another sign that predictions of a Dollar collapse may be self-fulfilling.
“The powers-that-be are relying on average American investors and their retirement accounts to minimize market fluctuation long enough for Central Banks and entire nations to buy up physical precious metals, in particular gold,” Rose continued. “They’re also turning to blockchain, but not to Bitcoin or other decentralized products. That’s an omen that their development of Central Bank Digital Currencies is just about ready to roll out, which is just another reason they’re turning to gold to back their digital assets ahead of collapse.”
Genesis Gold Group specializes in self-directed IRAs backed by physical precious metals. Their free, definitive gold guide can help Americans prepare for the turbulence ahead.
According to Watcher, “The BRICS bloc has turned to blockchain technology for its brand-new payment system, according to reports. Indeed, its efforts have sought to build a competing currency built on digital assets. The US Dollar is still a ways away from crashing altogether, however, the path is there for BRICS to do damage.”
The question many across the globe are asking is whether or not a Trump presidency could start in time for the de-dollarization trend to be halted. In his first term, the U.S. Dollar was dominant but following the election of Biden and the Russian invasion of Ukraine there have been mounting concerns over the efficacy of the SWIFT payment system and the use of the Dollar as the world’s reserve currency.
Don’t wait for a stock market crash, dedollarization, or CBDCs before securing your retirement with physical precious metals. Genesis Gold Group can help.
Reach out to Genesis Gold Group today to learn how they can help secure your retirement accounts with physical precious metals.
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
Bypass Big Tech Censors
-
Stay ahead of the economic challenges on the horizon with a free subscription to The Economic Collapse Substack.
Dear Mr. ,
Is the method of how the Rothschild affiliate, the Federal Reserve, has embezzled $34 Trillion from the United States citizens over the past 100 years to fund globalism of interest to you ?
Jim
THE FEDERAL RESERVE
BEHIND THE CURTAIN
Lewis Carroll gave the public a walk with Alice down the Yellow Brick Road of economics 150 years ago and exposed the wizard distorting his image. Today, the Federal Reserve has, for a century, operated a smokescreen of the government borrowing money. It is a Ponzi scheme—THAT CAN NEVER BE PAID OFF— destined for exponential bankruptcy with immense hidden profit for the instigators. The fiat principal of a ‘loan’ is created by issuing a deficit spending Treasury security, but the ‘interest’ to pay it off does not exist. The interest to pay off prior debt is created as principle of new debt. Congress gets to spend the book-entry fiat credit that accompanies the theft. Let us walk down that yellow brick road once more.
Our walk, to expose covert profit, begins with the U.S. Treasury sending Treasury securities, as authorized by Congress for Deficit Spending [DS], to the Federal Reserve Bank of New York [Bank]. The Bank, operating as a fiscal agent for the government, credits a government ledger with fiat book-created value, in the amount of the security. The Treasury disperses value for bills from the account and merchants deposit the checks in commercial banks. Voila !! The market value has just increased and inflation has occurred.
But what has happened to the DS securities at the Bank ? The Bank would like to sell them, but how ? The Bank walks them down the hall to the department that is preparing securities for auctions to redeem the securities that have matured over prior years. The average life of a security is about two years and is perpetually rolled over by the Bank. Ref. 31 CFR §375.3.
The DS security is divided into components and added to redeeming securities for auctions. TreasuryDirect Institutional tabulations, supplied by the Bank, have listed Redeeming while the DS value is listed as ‘New Cash.’ Redeeming, in large part, involves Primary Dealers who are TBTF New York City banks. The auction funds, which currently amount to >$15 trillion annually, are handled exclusively by the Bank and have never been audited. [They are client accounts — not operational accounts.]
What happens to the New Cash ? Repeated inquiries to TreasuryDirect have not been helpful. There is no documentation as to their destination. They certainly do not appear as received on any government account. If they disappeared by buying securities, it would eliminate any increase in the National Debt and would also negate any inflation. If they do not go to the government then they must go to a private entity—such as shareholders of a closely held FR Board of Governors, Inc.? Are these potential recipients of $34 Trillion in New Cash the same bankers who conspired on Jekyll Island for a week to create the Fed ?
With $34 Trillion, I think I could laundry funds and purchase control of all Fortune 500 firms including MSM [via BlackRock, Vanguard, and CFR]; to dominate countless nations using the IMF, CIA, US military and sanctions; to establish the UN and WHO for globalist control, to create international chaos with global pandemics; to overthrow a Constitutional Republic with a Southern invasion; to fund a Soros corrupted political structure; to promote a global Great Reset; among other items.
The supreme nefarious act is to get the taxpayers responsible for the book-entry credit that has been floated by the Bank and spent by Treasury. Using spurious legislation, the credit has been labeled as a legal tender; i.e., the taxpayers are responsible for the fraud that has been perpetuated and can never be paid off. The principal of credit is created by DS but the interest to service the credit is never created. When the Ponzi scheme implodes, the Fed is wanting the deplorables to be liable for the value. This appears to be the method Benjamin Ginsberg describes historic Rothschild banks used to collapsed and bankrupt European nations in his FATAL EMBRACE book.
The GAO has standing authority to audit any handling of government funds upon congressional direction without additional legislation. FOIA is also valid for any official record of any FR bank record. Ref. Bloomberg v Fed, aff’d, 601 F.3d 143 (2d Cir. 2010).
https://stateofthenation.co/?p=217386