3 thoughts on “Why are Russia and China Buying Gold, Tons of it?”
  1. While our media propaganda tells us the US is booming, a few people think the stock market and dollar are on the verge of a huge correction, possibly a collapse. Peter Schiff thinks it will happen in 2016. Apparently he predicted the 2008 stock market collapse. According to what I’ve read, Ron Paul has had much of his money in Gold and none in stocks for years and he has no confidence in the dollar. I am betting these two are right.

  2. Historically, gold has been at the very heart of the Jewish money systerm. NOT as a hedge against depreciating paper or now digital money, but as collateral upon which to CREATE money. That’s usury for you. The real alchemy of the medieval period was not the turning of base metal into gold, but turning gold into paper … paper money, that is. And lots of it. As is well understood, they found they could lend up to 10 times as much ‘money’ into circulation (and charge interest on it), than they actually had in gold reserves. These are the origins, of course, of ‘fractional reserve banking’ … so called. And this is the real meaning of ‘usury’.

    ‘Banking’ is probably the most misleading term of all, because it suggests that ‘bankers’ are only interested in hoarding, cosetting, and lending OTHER people’s money … and getting a small return on fees and interest on loans. Not at all. Banks are the engine rooms of money creation. They don’t just ‘bank’ money. They create the money supply. Cheap at the top of the pyramid. And very expensive at the bottom. They, not the sovereign government, get the interest on every dollar or shekel in circulation. That’s why the Rothschilds are worth 500 trillion.

    While paper and digital money is no longer ostensibly backed by gold, gold is still crucial to currencies. Muammar Gaddafi used gold, after all, to create his own supply of Libyan dinar. Before it was all spirited away by NATO … the Rothschild’s private army, as Dante says.

    Why gold? The article tells us “Gold is one of the most fascinating of all rare metals. Throughout all history it has been given a special, at times sacred or spiritual value…” Spiritual, eh? I can only presume because it is IMMUTABLE. Unlike flesh. And even stones. Plus it’s hard to come by. Thus, as a store of ‘value’, it is unequalled.

Leave a Reply

Your email address will not be published. Required fields are marked *

Discover more from The Ugly Truth

Subscribe now to keep reading and get access to the full archive.

Continue reading