The Forum > General Discussion > Aust asks for Gold Audit from London.
Aust asks for Gold Audit from London.
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Posted by Arjay, Wednesday, 7 January 2015 5:34:10 PM
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Arjay, there are no plans to introduce a global currency, there are no central banks under Rothschild control, and with the technical exception of the USA, no country has its central bank in private ownership.
Countries, not the BIS, regulate commercial banks. People post all sorts of claims on the internet that are easily refutable with readily available information, so why do you always prefer to believe the conspiracy theories? Posted by Aidan, Wednesday, 7 January 2015 6:37:57 PM
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Aidan in denial again. Read James Rickards "The Death of Money". He is a CIA and Central Bank insider. Rickards is pushing for the IMF to be the source of this new Global Currency called special drawing rights but the BRICS nations have other ideas.
The IMF do not have enough gold to back their currency while the BRICS do with the massive gold reserves of China ,Russia and India. Just the Indian pop alone in jewelry they have 18,000 tonnes. The new world order of banksters is failing and this why they they are pushing for war with Russia and China. Posted by Arjay, Thursday, 8 January 2015 5:33:44 AM
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An interesting thought-bubble, Arjay.
>>The IMF do not have enough gold to back their currency while the BRICS do with the massive gold reserves of China ,Russia and India. Just the Indian pop alone in jewelry they have 18,000 tonnes.<< Do you have any, you know, facts, with which to back your assertion that the BRICS have "enough gold to back their currency"? Some actual numbers would be helpful, they generally lend a whiff of credibility to an argument involving quantity. And when you say "the Indian pop alone in jewelry they have 18,000 tonnes", how would you suggest that these trinkets, predominantly in the hands of the public, are able to be used to back their country's currency? You still don't actually think these things through, do you. Posted by Pericles, Thursday, 8 January 2015 5:50:11 AM
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Arjay, denying your silly claims doesn't make me, or anyone else, "in denial". To be in denial one has to deny actual facts like you do!
Special drawing rights are not a currency, and their use to set the values of currencies has declined since their introduction. See http://en.wikipedia.org/wiki/Special_drawing_rights Currencies no longer need gold backing - they're backed by debt and taxes. But global taxation is politically impossible, so there will never be a global currency replacing all the others. And nor should there be; just look at the trouble the Euro has caused to some of its members! Posted by Aidan, Thursday, 8 January 2015 12:42:47 PM
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Aidan,"Currencies no longer need gold backing - they're backed by debt and taxes." You have just explained why the whole system is doomed to failure. So two negatives will give us a currency positive ?
Inflation created as debt which excels growth is killing all western economies and we get taxed to pay back debt on money that should be ours in the first place. Posted by Arjay, Thursday, 8 January 2015 6:02:38 PM
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Quigley wrote of this international banking network:
“[T]he powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.”
Yes private Central banks whom the Rothschilds are the king makers.
http://www.globalresearch.ca/the-tower-of-basel-secretive-plans-for-the-issuing-of-a-global-currency/13239