In order for the central bank ponzi scheme of fiat currency to work, especially on a global basis, the central banks learned early on that gold was the enemy of their scheme and, therefore, must be eliminated from the monetary system. The first real step was Executive Order 6102 in 1933. This was just 20 years after the hijacking of the United States.
This was one of the major first steps to eliminating competing currencies with the Federal Reserve Note / U.S. dollar owned by and sold to the U.S. Treasury through the Federal Reserve Bank.
I’m ask on a regular basis “when is the economic collapse going to happen?” I answer this question the exact same way every time. You can either look to 1913 when the United States was hijacked by the Federal Reserve System or you can use the 2007-2008 derivatives meltdown that is still ongoing. It is a process, not an event. Below are some of the known steps to keep the power in the hands of the thieving central banks and strip us of all our remaining freedoms, sovereignty and dignity we have left.
It’s not uncommon for hard money realist to be in the cryptocurrency camp. Personally, I have never been in favor of cryptocurrencies as they play into the hands of the banking cabal. Once the banksters move society to a digital currency and outlaw physical cash our enslavement and permanent indebtedness will be finalized. While there are a number cryptocurrency advocates, that I respect, it seems they are overlooking the fact that central banks are known thieves, liars and have never allowed a currency to compete with their criminal operation. Why would that change simply because of the internet?
That’s why the guys from bitcoin drive me nuts. Because they think “Oh this is how we’re going to be free“. No, you’re prototyping Mr. Globals digital currency. ~Catherine Austin-Fitts Source
We first reported about a new central bank cryptocurrency in August 2016 – Digital Enslavement – Central Banks Cryptocurrency Has Arrived. This new cryptocurrency was designed specifically for central bank settlements using the blockchain for three of the criminal banks that operate outside of any national sovereignty – these banks are beholding to no one except their owners, the BIS. UBS, Deutsche Bank and BNY Mellon. There are two other entities involved with the development of this cryptocurrency but it appears they are not part of the global enslavement team.
We summarized how these goals would be accomplished by the central banks and how the central banks are working together to ensure global compliance to the cashless scheme.
- the global banksters have expressed a desire to move to a cashless society
- we were told in 1988 the world would move to a one world currency
- in 2012 the IMF accepted a global bank bail-in program designed around the events that occurred in Cyprus
- development and funding of the AIIB as an alternative to current global banking cabal
- the largest economies in the world, with the exception of the U.S. are members of the AIIB
- the global banking cabal consisting of the IMF, BIS and World Bank have expressed a desire to move away from the world reserve currency system
- China has been working in conjunction with the IMF to develop and launch a new SDR global bond that can be converted into currency
- development and launch of a new cryptocurrency designed and built to utilize a variety of the most used currencies in the world
- the new cryptocurrency is designed to be used at the central bank level
This is a complicated issue and without a majority of nations around the world joining the party the cashless scheme will not work. Compliance is mandatory and getting nations to understand this may take longer than most people understand. China already uses a digital currency and has all but eliminated cash. The U.S. military uses digital payment system, so we are already seeing a move in the direction of digital currency. China’s population represents one-in-seven people on the planet with the U.S. military industrial complex representing another measurable percentage of the global population.
One doesn’t have to look too far to see how digital transactions are already taking over. We discussed this issue at length in Cashless World: 1 out of 3 People Never Use Cash where we detailed how the people around the world are already doing the bidding of the banking cabal.
If you have any misguided notion that a cashless society is not coming, just keep telling yourself that every time you use a debit card, credit card or your phone for your next purchase. With the elimination of cash we effectively hand over our individual human sovereignty to the banks and the government. Source
The melding of gold and the blockchain
On April 11, 2017 the CME Group (Chicago Mercantile Exchange) in partnership with the Britain’s Royal Mint announced the two were developing a blockchain based gold trading platform.
CME Group announced on Tuesday that the new platform, built with technology companies AlphaPoint and BitGo, was being tested by a select group of “major financial institutions,” and is on schedule for launch this year.
The new platform will allow institutions to trade “Royal Mint Gold,” or RMG, a new digital token issued by the Royal Mint, which makes Britain’s coins.Source
This is a huge announcement for the cashless society advocates. In order to control currencies, you must first control gold. The fact that a U.S. based company is working with the United Kingdom instead of the United States is another major factor in this scheme. While the CME Group, based in Chicago, could have worked with the USMint, they instead are working with Britain’s Royal Mint. This crime ties the US and the UK together to satisfy the global governance rules set fourth by the Bank for International Settlement.
If we review and take into account the actions by India’s Prime Minister Modi in late 2016 we see how the ties-that-bind are coming together. The past several years the Indian government has attempted to steal the gold held by the citizens through various taxes, paper ponzi schemes and the latest attempt to slow the flow of gold into the country, elimination of “large” bank notes under the guise of “curbing corruption”.
Prime Minister Modi eliminated the two largest bank notes in circulation in India. This effectively eliminated more than 80% of all cash in circulation within just a few weeks. India was a cash based society with more than 85% of all transactions conducted used cash. The Indian population have the single largest hoard of gold in the world. It is estimated the citizens account for more than 20,000 tons of physical gold. It is part of their culture, heritage and understanding of criminal governments that like to steal the citizens wealth.
The actions of the Indian government, combined with the announcement of CME/Britain Royal Mint gold blockchain makes one wonder if this is the next attempt to get the people of India to turn over their gold. The western central banks are running out of physical gold to ship into China, Russia and India. If these criminal western banksters can convince the Indian people to use the “safety and security” of the blockchain and deposit their gold at their friendly local bank, then we will have a major problem with gold. This would, in my opinion, be the end of our sovereignty. The banksters will have won by effectively stealing most of the worlds gold. If China/Russia/BRICS are planning on using a gold backed currency, they had better bring it to the table more sooner than later.