One of the signs that there are powerful tectonic shifts in the world financial system are numerous events in the world of gold. They occur in different countries, in different areas of international finance, at different levels.
World media mainly draw attention to the fact that in the world there is growing interest in yellow metal as an investment object.
This is absolutely true. However, behind the motley picture of events around gold, an even more important vector of changes is seen - gold gradually regains the status of money metal.
It is possible that tomorrow, gold from a common exchange commodity can turn into a universal equivalent and a means of exchange and payment. And this will mean a radical revolution in the world economy and politics.
Today, there are signs of the return of gold from the world of goods to the world of money. While the return is very timid, hardly discernible against the backdrop of global events in the world of paper money and the unsecured US dollar.
At the micro level, one of the first events in the world of gold is the creation of monetary systems called "electronic gold" (e-gold). The first e-gold systems began to appear at the end of the past - the beginning of this century. I will limit myself to a concise enumeration of some of the most important elements of this system:
a) the basis of money called "electronic gold" is real physical metal, which is deposited in a special organization (which has the necessary licenses and certificates);
b) calculations between participants of the system are not carried out by physical gold, but by electronic documents;
c) the circle of users of this type of money is rather limited, although "electronic gold" can be used not only for payments inside the country, but also for international settlements.
Some entrepreneurs do not wait for any decision to legalize gold money "from above" and do not bother with the technically complicated projects of local gold money. They simply pass to the calculations of gold in the form of coins, ingots and other acceptable forms.
There are many interesting examples on this score. For example, Komsomolskaya Pravda reported: "American billionaire Donald Trump decided to take payment from tenants of his real estate, not dollars, but ... gold."
Calculations with gold are a "gray" segment of market relations, especially in those countries where taxes on operations with gold and other precious metals are maintained. Therefore, a long struggle has already been waged for the complete abolition of such taxes. To date, in particular, the value added tax (VAT) when using gold in Western Europe is almost nowhere.
Having caught the needs of business and citizens in gold as a means of settlements and payments, some private companies offer their "gold products". Despite the fact that gold is often called "last resort money", many potential investors complain about its high cost.
At the moment it costs about 1700 dollars per ounce and does not represent a viable tool for exchange, in the event of a sharp cessation of food supplies and normal retail trade.
The lack of a one-ounce gold coin (31,1 gram) or even an 1 / 10 ounce is that to buy several loaves of bread, medicine or clothes in an emergency, silver seems more convenient than expensive gold.
In this regard, the Swiss company Valcambi was born the idea of creating a "gold card" called "combbits" (Combibar Gold Card). It weighs 50 gram, is made of 999 gold and easily breaks into segments weighing 1 grams, which can be used for relatively small payments. Each gram costs approximately as much as an ounce of silver, that is, about 34 dollars, being a convenient means of settlement in retail trade.
As noted in the promotional materials of the Swiss company, "combo" is a simple solution for those who expect "terrible times", the card will perfectly fit into your wallet, so that now "real money" will always be with you wherever you are. According to Valcambi, the Combibar map will be on sale in 2015 year.
Plans for the legalization of gold money at the state level. State and political figures of different countries understand: if not the days, then the years of the world financial system based on the hegemony of the dollar are numbered. And any national monetary system is directly or indirectly tied to the US currency. Therefore, they are preparing for the coming changes. Including - exploring various options for organizing their internal monetary circulation based on gold.
Over the past few years, we have been constantly hearing about the projects for the creation of the gold dinar (in a number of Islamic countries), the golden yuan (China), the golden franc (Switzerland). Statements of the first persons of the state in favor of the return of gold to domestic circulation in countries such as Sweden, Norway, South Africa, South Korea, Iran, Taiwan, Zimbabwe and a number of Latin American countries were also recorded ...
Nearest to the implementation of plans for the introduction of gold money in domestic circulation came Switzerland. By the way, Switzerland was the last country in the world, which cut short in its time the connection of paper money with metal. This happened in 2000, when the gold content of the Swiss franc was abolished in the country, and it did not differ in any way from other paper currencies - the US dollar, British pound, German stamp, Japanese yen, etc.
Of course, the plans of the Swiss are not as radical as some of the media. We are talking about plans to introduce the gold franc as a "parallel" currency. It will handle, along with the usual paper francs in Switzerland and Liechtenstein, which is with it in the currency and customs union.
In this case, a certain proportion of the exchange (rate) is formed between the gold and the paper franc. At the start, according to the authors of the project, 1 gold franc will cost 5 current Swiss francs or 5,3 US dollars. The authors of the project believe that the fluctuations in the exchange rate of the gold and paper franc will be much smaller than, say, the current fluctuations of the Swiss franc relative to the US dollar or the euro.
The release of the gold franc is supposed to be delegated to private banks under strict control of the state and the Central Bank of the country. Licensed financial institutions will be given the right to issue coins with their official logo on one side and with the recognizable logo of the golden Swiss franc on the other.
The gold franc should not be confused with collectible and investment coins. It should not become an object of investment, but a means of circulation. It goes without saying that the circulation of the gold franc will not be subject to VAT and other taxes. The gold franc is not yet classic money, but it is not a simple investment product.
The parliamentary initiative to introduce the golden franc belongs to Ulrich Schweier, a member of the Swiss National Council (lower house of parliament) from the Swiss People's Party (3) and is part of the "Healthy Currency" campaign.
"At today's gold price of about 45 thousand francs per kilogram it will allow Swiss citizens to more effectively protect themselves from currency devaluations," Ulrich Schweier states in the proposals submitted to the National Council. One new gold franc with the gold content of 0,1 gram can cost only 4,5 franc, the politician asserts. A coin with 1 grams of gold will cost about 45 francs.
"I want people in Switzerland to have the freedom to choose a completely different currency. Today, the monetary system is supported by debt obligations - everything keeps on nothing, and I want people to understand this, "- said Thomas Jacob, the chief ideologist of the concept of the golden franc.
Simultaneously with the preparation for the introduction of the gold franc, the Swiss People's Party seeks to introduce a ban on the export of gold in the parliament, and organizes a campaign in the country under the slogan "Save Our Swiss Gold". The initiative is aimed at banning the sale of gold reserves abroad: politicians require that Swiss reserves remain in the country.
Now, many politicians in Switzerland are trying to find out how the country lost a significant part of its gold reserve a few years ago? After the gold content of the franc was canceled, the Central Bank began actively selling its stock of yellow metal under the pretext that it had become a useless asset.
Only during the period 2000-2005 years 1300 tons of gold were sold at dumping prices, and losses from underpriced prices, according to critics, amounted to a total of 60 billion dollars.
However, deeper research has shown that gold from the country has not gone, but turned out to be in the safe of Swiss private banks.
But in the case of the introduction of a gold coin, problems with the leakage of precious metal abroad will indeed arise. All the proposed solutions boil down to the construction of a sufficiently powerful customs and economic wall around the Swiss Confederation, which contradicts the principles of European integration. The launch of the golden franc will require amendments to the Swiss Constitution. If the amendments are rejected, a national referendum will be scheduled.
In addition to the golden Swiss franc, the popular theme in the media is the golden yuan. He is not here yet. But all signs of China's preparations for the introduction of its gold currency are available.
In the United States at the federal level, there are no real projects of introducing gold money. There are only separate emotional calls to return to the gold standard that existed in America before the arrival of Franklin Roosevelt. Such political appeals have repeatedly been made, for example, by a well-known critic of the Federal Reserve Committee, Congressman Ron Paul.
He spoke about the need to throw a "golden bridle" on the owners of the printing press. That is, to limit the emission of dollars by a certain percentage of the official gold reserves of the United States (to date it equals 8133,5 tons of metal). Whether it is assumed that the free exchange of paper notes for metal (as it was before 1933 year), Ron Paul does not specify.
But at the level of individual states, the movement in favor of introducing gold money has already achieved some success. In the media, this movement is often called the "parade of monetary sovereignties" of the states that make up the United States. The "Parade" is headed by Utah.
In this state in 2011 the law "On Secured Money" was adopted and began to operate. According to the law, the gold and silver investment coins, the so-called American Gold Eagle (weighting from 0,1 to 1 ounces and face value of 5 to 50 dollars) and American Silver Eagle (weighing from 1 ounces and face value of 1 dollar), can now be minted by the US Mint to be accepted for payment of any goods and services at the real value of the precious metal contained in them.
At the time the law came into force, it was about 1,5 thousand dollars for an ounce of gold and for 38 dollars for an ounce of silver.
One of the main innovations of the law adopted in the state of Utah is the fact that from now on such coins "are recognized as legal tender and can not be subject to taxation of some taxes in force in the state."
In particular, operations with coins will be exempted from the state-imposed tax on capital gains tax and sales tax.
After the adoption of the law, the State of Utah created the Gold and Silver State Depository, which is designed to save people from the direct use of coins (obviously, this creates significant inconvenience). In these depositories, citizens can store their gold and silver coins, receiving a debit card, which they can use the same way as in the case of ordinary money placed on the deposit. The cost of gold and silver coins is based on the price of metals in US dollars, fixed daily in London (London fixing).
The States of Missouri and South Carolina in 2012 came closest to adopting the same laws and creating a depository of gold and silver coins. For example, in Missouri, the proposed bill is called "The Missouri Secured Securities Law of 2012 year".
Other states considering the enactment of the law on the declaration of gold and silver coins as legitimate means of payment are Montana, Colorado, Idaho, Indiana, New Hampshire, Georgia, Washington, Minnesota, Tennessee, and Virginia.
It is noteworthy that in most of the listed states it is proposed to use not only investment coins minted on the US Mint, but also any foreign coins. And for the convenience of their use - to create (in the same way as in Utah) depositories, which would be accurate estimate of the real content of precious metal in coins and would be adjusted metal prices taking into account prices in the world market.
The "Father" of the Tea Party, Congressman Ron Paul, currently sponsors the "Free Currency Competition Act", which will allow states to enter their own currencies; famous American politician and businessman, former Congressman Newt Gingrich also calls for the creation of a commission that should study the issue of returning the country to the gold standard.
The most striking example of an attempt to make gold an official means of international settlements is the gold dinar of Muammar Gaddafi. The Libyan leader was the main initiator of the rejection of international payments in dollars and euros. He called on the Arab-African world to move to settlements in a single currency called the gold dinar.
On this basis, Colonel Gaddafi proposed the creation of a unified state with an Arab-Negro population of 200 million people. The ideas of creating a single gold currency and uniting African countries into one powerful federal structure were supported by many developing countries. The opponents of the idea were South Africa and the leadership of the League of Arab States.
Libya's initiatives have provoked a strong reaction of rejection among some European countries. The exhortations of the leader of the Libyan revolution have not yielded any results: Gaddafi has taken all the new steps towards the creation of United Africa and the introduction of the gold dinar.
Both the main versions of the reasons for military aggression against Libya - the protection of human rights and the attempt to take oil from Gadhafi - are false.
And the truth is that Muammar Gaddafi had the courage to repeat General de Gaulle's attempt to leave the paper money zone and return to gold, that is, swung the power of the owners of the printing press, the main shareholders of a private corporation called the US Federal Reserve System.
Some countries are turning to the use of gold for international settlements in a secret order. Most often, we are talking about the use of gold in contraband or "gray" trade. An example is Nepal, which 2 / 3 imports from neighboring India. Payment for goods is carried out in gold.
Part of the yellow metal Nepalese importers purchase in local banks (about 15 kg per day). Approximately the same amount goes through illegal channels from neighboring China, where it costs less than in India (4,80 million Indian rupees for 1 kg vs. 5,05 million rupees). In this case, the main motive for using yellow metal as a means of calculation is the desire to earn on the difference in the price of gold.
However, there are other reasons for organizing the blockade against individual countries. The most vivid example is Iran, against which the West organized economic sanctions, including prohibiting banks from making settlements on Iran's export-import operations. As a result, neighboring Turkey switched to paying for natural gas imported from Iran. This was reported by the newspaper "Wall Street Journal Europe."
"The recent massive gold outflow - billions of dollars - from the Turkish economy is a payment for Iranian gas ... The transition of the two countries to gold payments for gas supplies is a consequence of US sanctions that threaten tough measures to third countries that use dollars in trade with Tehran. The transition to gold bars allowed Ankara to avoid "punishment" from Washington. Such a trade also does not violate the international sanctions regime imposed on Iran, "the newspaper stresses.
Certain events in the world of gold at first glance seem random and not connected with each other. In fact, all of them are a reflection of behind-the-scenes struggle of different groups of interests of the global financial oligarchy. In general, these groups can be combined into two large camps:
1) the camp of defenders status quo in the financial world, i.e., a system of paper money, the foundation of which is an unsecured dollar;
2) camp supporters return to gold money.
The first camp includes the owners (main shareholders) of the printing press of the US Federal Reserve System, as well as those banks that are closely associated with the Fed (banks of the same FRS shareholders) and are the preferred recipients of its paper products. For representatives of this camp, gold is a dangerous competitor to the dollar.
The financial oligarchy belonging to this wing will do everything to extend the printing press, including unleashing a big war. This camp is primarily represented by the Rockefeller clan and several lesser-known clans that, in addition to the FRS printing press, control the world market of "black gold" and the US military-industrial complex.
The second camp, the camp of supporters of gold, is much more colorful and broad. It has a part of the global financial oligarchy, which is not so closely tied to the Fed. It has significant reserves of accumulated gold and controls production, and the world market of yellow metal. It is ready to go to liquidate the current printing press and replace it with a gold standard.
This part of the world oligarchy, above all, is associated with the Rothschild clan and some smaller clans that gravitate towards Europe.
It should be noted that the current dollar system has been so discredited that the "gold" world financial oligarchy easily recruits its supporters in the most diverse strata of society and has a broad social base throughout the world. Suffice it to recall the movement "Occupy Wall Street", which, in fact, was directed not only against the Wall Street banks, but also against the Federal Reserve, as the mainstay and rear of the Rockefeller Empire.
Many Rothschilds stand behind many initiatives to legalize gold, as a monetary metal. However, on any practical impact of the Rothschilds, the Rockefellers respond with counterblows. The struggle between the Rothschilds and the Rockefellers on the "golden front" is proceeding with varying success.
It is worth, for example, look at the campaign for the legalization of the gold franc in Switzerland. The campaign was launched more than two years ago, but has not yet been crowned with success. We do not have any information why the "parallel" gold money was not put into circulation.
Swiss and world media stopped, as if on command, to publish any materials on the project "golden franc". It can be assumed that the project was blocked by the Rockefellers. Perhaps there was a behind-the-scenes bargaining between the Rothschild clan and the Rockefeller clan and a compromise was reached: for example, US authorities stop "arrests" on Swiss banks (accusations that these banks are hiding money from "dictators", etc.), and Switzerland freezes its project of introducing "parallel" gold money.
Above it was said about the "golden" initiatives in the 13 states of America. After the success of the introduction of gold money in Utah, similar initiatives in 12 other states began to slow down. I'm sure that the Rockefeller clan saw in these projects a threat to the future of the Fed and pressed all the economic and political "brakes".
Non-random, apparently, are also various restrictions on the operation of buying and selling gold, which are then introduced in one or another country. Usually, such restrictions are motivated by the fact that it is necessary to combat "money laundering" (gold is an ideal means for "laundering"), financing of terrorism, corruption, and so on.
So, in a quiet and civilized Austria, banks were forbidden to sell precious metals in one hand for more than 15 thousand dollars (at the current prices no more than 11 ounces of gold). The Austrian authorities stated that they thereby assisted America in its struggle against international terrorism and organized transnational crime.
An example of Austria was followed by France, imposing restrictions on the purchase of gold by individuals in banks.
In the US, in some states the situation is even more severe. A lot of American cities, such as Houston in Texas, have introduced requirements for documents when buying and selling precious metals. The operations with gold are monitored not only by the banks themselves, but also by the secret services of the Ministry of Finance, the FBI, the Ministry of Internal Security.
I think that the campaign to inflame the threat of international terrorism, first of all, is being promoted by the Rockefellers. With her help, they decide, in particular, the task of keeping the use of gold as a monetary metal.
To assess the prospects for the transition of the international financial system from the current dollar standard to the gold standard, one must take into account the balance of military forces in the world, the possibilities and limits of the use of military power by the Rockefeller clan. It is useful to remember the events around Iraq and Libya. When the leaders of these countries moved from words to words, that is, to refuse to use the US dollar for their calculations for the supply of oil and other goods, the US immediately began a war against "dictators."
The attempt to introduce a gold dinar leader Libya Gaddafi was maintained and carefully "pressed" by the Rothschild clan. This is evidenced by some little-publicized facts. For example, the previous IMF Executive Director Dominique Strauss-Kahn was a Rothschild creature. He supported the idea of introducing a gold dinar. The Rockefeller clan struck back: first on Strauss-Kahn, then on Libya.
The story with Strauss-Kahn is a manifestation of deep contradictions in the circles of the world oligarchy over the ways of further development of the international financial system. Since the fall of 2009, Strauss-Kahn has clearly protected the interests of that part of the global financial oligarchy that wanted to eliminate the status of the dollar as a world currency. In particular, the then director of the IMF criticized the "Washington Consensus" - a set of principles that ensure global dominance of the US dollar.
Military aggression and intervention against sovereign states look like the US reaction to threats to the interests of the Rockefellers. Their goal is to suppress any precedent of abandoning the "production" of the Federal Reserve's printing press (establishing control over the reserves of "black gold" is a second-order goal).
However, the world has long been burdened by dollars, which are forcibly imposed on him by America with the help of the CIA, the Pentagon and NATO. All the dissenters accept empty bills in the form of green pieces of paper Washington declares "the centers of terrorism" and organizes against them military aggression and economic blockade.