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The New Gold Standard IS The Great Reset!

by on June 8, 2021

Left/Above: They’re all on the same team. They’re a Cult of Ba’al and Moloch worshipers. They’ve been working towards World Government since the end of the Bronze Age. A 3000 year old campaign is coming to its terrifying conclusion.

The Great Reset is about the ‘reset’ of the Financial System. The follow up of the debt bubble, which cannot grow any longer. The coming Gold Standard has always been the Banker Plan, and will create the Greatest Depression, which will destroy what’s left of the West.

By Anthony Migchels, for HenryMakow.com

Exposing the Gold Standard as the Banker Plan has always been a key purpose of this website.

This 2012 article, Phoenix Rising, The Return Of The Gold Standard, opens:
What has been in the cards for decades is now fully on the agenda: the returning Gold Standard. Gold as currency is a weapon. It is a wealth transfer to those holding Gold and will precipitate a massive deflation. The ensuing chaos will help usher in their coveted New World Order and World Currency.

And this is exactly where we stand now. The New Gold Standard is only weeks away. The debt cannot grow anymore, and it will be forcibly made to stop. They’re going to force a terrible deleveraging on the West, which is going to absolutely ravage living standards in the US, Europe, and Britain and its Dominions. The coming Depression is going to be genocidal, and will kill countless people, especially the old, and force many younger people to leave the West, looking for a semblance of a life.

What remains of the West will lie in ruins, and on the ashes, open World Government will come within five or ten years, likely preceded by the Greatest War.

Our Predicament
When we borrow $100k, the Bank creates $100k. The Money Supply grows with $100k. But the debt comes with interest, say with 5%, and next year, we’ll have to repay $105k. But how can $105k be repaid, when only $100k was created?

It can’t, and therefore there is eternal money scarcity in the System. The way this is solved in the current system is by having new people go into debt, and this has been the driver for eternal money growth since the War and Bretton Woods, and certainly since 1971, when Nixon closed the Gold Window, and money became fully ‘fiat’, in Austrian/Libertarian terms.

So money, and therefore debt, must grow about 8% per year. To finance economic growth, and interest payments on the debt. So the next question is, what does 8% per year look like, and it looks like this:

8% per year is exponential growth, and such growth starts slowly, then starts going more quickly, until it becomes really very steep, and we’re now in the latter stages. US Federal Debt is now almost 30 Trillion, and 8% of 30 Trillion is about 2,4 Trillion. The latest Biden budget has an $1,8 Trillion deficit, and Janet Yellen wants to borrow even more.

Again, this has nothing to do with Covid. It’s about keeping the Financial System sufficiently liquid.

But this is the real World, and US debt is now 130% of GDP, and you don’t get to play ‘the Hegemon’ with such debt, nor do you get to sustain deficits nearing 10% of GDP.

The problem in the Financial System is, that the real economy simply cannot support this growing debt anymore. It’s not even so much the debt, it’s the interest on the debt. Usury. Even today we could pay everything off with what we lose to debt service in 20 years. We’ve paid more in Usury over the last 25 years than we currently have debts outstanding.

So the real economy cannot take on more debt, but money must grow, and therefore it’s now the US Government that is playing ‘debtor of last resort’, that’s where the maniacal deficits of the last few years (it began already under Trump) come from.

This is why the Crunch came back in September 2019. The economy can simply not create enough debt/money anymore, and this is creating very strong deflationary pressures, and it’s against these deflationary pressures that the Fed’s money printing is directed.

In short: The West is broke. All the West. Europe is even worse off than the US. The Fed’s balance sheet is now somewhere between 25 and 30% of GDP. The ECB’s is a whopping 64%.

And this is what the Great Reset is all about: to end the growth of debt, and to force a genocidal deleveraging on the West.

The New Gold Standard
The difference between Gold and the current System is simple: under Gold they will just stop creating the money needed to finance interest payments and economic growth. But if money does not grow with 8% per year, we will have deflation of 8% per year. Only three years of it, and the economy will already be short 25% or so. And that is just the missing money growth. Debt will be so punishing (under deflation money and therefore debt becomes worth more in real terms), that people will be paying off everything they can, or default, or both. So that is going to make the deflation even much worse.

Call it hyper deflation, because that is what it is. And of course, as always, throughout history, they will sell it with fear mongering about ‘hyper inflation’, it’s just another Orwellianism.

It’s still quite difficult to get a firm handle on what the coming Gold Standard will look like. In China, one can easily see a Gold backed, and maybe even convertible Yuan coming. And that it will start surging ahead of the quickly fading Dollar very soon now. They have huge undisclosed reserves, anywhere between 20.000 and 30.000 Tons.

All bought up while the Fed was conveniently keeping prices low. This is how the Banking Cartel has been planning to migrate its main power base from the West to East.

A big story is that the BIS is implementing Basel 3 this month. The BIS previously ended the Nikkei bubble overnight, in 1989. Simply by raising capital reserve requirements for Banks. Japan never recovered, and the Nikkei is still 40% under its 1989 peak. Thirty years of deflation has ravaged society there, and fertility is disastrously low, while families are falling apart.

It’s always notoriously difficult to understand exactly what the Gnomes of Basel are up to, they always keep everything obscure with banker babble. But it seems that one implication will be that Gold derivatives can no longer be counted as assets on the balances of ‘financial institutions’.

This will de facto do away with Gold suppression through futures.

It’s an outright, lethal stab at the Fed and the Wall Street racket that has kept Gold prices low for decades. A quote from the Zero Hedge article:
“It will force a liquidation of those positions and end any fractional reserve leveraging of gold used to suppress the price. There will still be futures markets but the whole of the gold trade will collapse back to simply coordinating supplies of gold from producers to consumers through time, like any other commodity market. In effect, Basel III, if implemented in its current form, would change the gold market from a speculative one based on perceptions of the efficacy of monetary policy to control real interest rates to one that should force price discovery in an almost purely physical market. …., physical gold will go from being the price taker to the price maker.”

So this is a more informal way of imposing Gold money on Western economies. Not exactly ‘gold backed/convertible’, but scarce and appreciating Gold leading price discovery. And appreciating value of money is of course as deflationary as it gets.

But whatever way it works out, the transition to Gold is going to happen. And with it, the Greatest Depression will start.

And again: it will be genocidal.

Compare the Deagel forecasts. They were pulled off the Internet a few weeks ago, but since 2014 they have been infamously predicting that the US would lose 70% of its population before 2025, and Britain 85%, and the rest of the West between a third and a half. As a result of the financial collapse.

I’m not saying that it’s going to be that bad, it’s too terrible to contemplate. But the very least the West is facing is a collapse like the Soviet Union went through after 1989. Millions died. Especially the old. Life expectancy plummeted to under 60.

Especially pensioners are going to get hit very hard. There will be no pensions anymore. Note that ‘the virus’ also targets old people. They’re clearly planning to book their demise under ‘covid’.

Conclusion
The West is sleepwalking to its doom. Most people don’t even realize that the Crunch returned in September 2019. That $12 Trillion has been added to the economy by the Fed and the Government. Obsessed with ‘the virus’, or ‘racism’, or ‘Bitcoin’.

It will all come with a great show, declaring victory and ‘problem solved’, but only months later, the first signs of money scarcity will start hitting the economy.

The Great Reset WEF style is just the distraction. We will not be eating bugs because of ‘Climate Change’, but because we’ll be going hungry. Nor is the Lockdown the cause of the problems, it’s just Martial Law to keep everybody locked up while they get financially destroyed. It’s being used to transition to ‘The New Economy’. New Lockdowns will be coming, when Plandemic 2 ‘The Bio Terror Attack’ hits. The recent ‘exposure’ of the ‘lab made’ ‘virus’ is just the cover story, paving the way for that Lockdown.

But there is no virus. There are only Bankers. And the restart of the Crunch 21 months ago signaled their final offensive en route to World Currency and World Government.

Related:
Is There Enough Money To Pay Off Debt Plus Interest? A Closer Look
Why Tom Woods Is Wrong About The Greenbackers
Why Gold Is So Strongly Deflationary

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17 Comments
  1. Shark permalink

    You Mention Plandemic 2 / Bio Terror Attack, does it assume vaccine as chief biowarfare?

    What happens to all Chinese who have taken the vaccine? All of south/east Asia? Africa? Middle East? Are those vaccines safe and is that why Deagel isn’t forecasting depopulation in these regions?

    And would that mean the vaccine in the West ALONE is dangerous and genocidal?

    • I don’t expect a massive die off because of vaccinations. They are dangerous, and have nothing to do with ‘covid’, of course, but their agenda is not to kill everybody. It’s probably even worse.

      In the 2017 John Hopkins Uni war game, the result was that they expect to be able to maintain plausible deniability about the cause of death of vax victims. This would not be possible if half of the people just drop dead.

      Recently, I saw at Makow’s site that they mention a death rate of 0,377%. Which is still murderous, no doubt, but not genocidal in itself. True, the more shots people take, the more likely they’ll die, but still.

      Deagel themselves said that the depopulation of the West would be the result of the financial collapse. And that’s what I’m going with here too.

      I’m not sure what Bill Gates had in mind when he announced Plandemic 2, mentioning a ‘bio terror attack’. I don’t believe in ‘viruses’ as ‘pathogens’, nor that they can make them in labs.

      But probably they’re going to create an event, kill a lot of people in some way or other, and create a firestorm of panic and fear, 10 times worse than ‘covid’ last year.

      Having said all this: it’s likely to be a mix of many factors, death by a thousand cuts.

      And it’s directed against the West, that is very clear. They need to get Whitey out of the (political) equation, is their calculation. They don’t expect much problems with what remains of Humanity, who will be next, of course.

  2. Anthony – why do you assume this short date of a few weeks off?
    We all know that they must collapse the economies before the peasants are willing to accept a digital currency with an expiration date built in, but wouldn’t it make more sense to balloon the debt ratio higher, make the peasants more involved in a new debt bubble, then pop it all while blaming the peasants? They could repeat a 1920s boom to 1930s greatest depression.
    We have a few signs that some EU countries are loosening real estate lending tremendously in order to create a feke boom similar to the US housing boom which was avoided mostly in Europe.

    It is more logical to assume such a scenario coupled with other agenda points like mass migration by 2035 (they want to import 70 mio. Africans by then). Then you have the green agenda.

    Both of those agenda points would be done for years if the the Western currencies got reset brutally and experienced a major recession right now.

    Do you have insights or what is your 6-weeks prognosis based on? Because in reality they could keep the con running for decades if they really wanted to.

    • It’s ‘short’ now, but we’ve been discussing this for ten years!

      When the Crunch restarted, 21 months ago, I said again that this was going to lead to Gold.

      The Crunch Is Back, There’s Going To Be A Gold Standard, And It Will Be Disastrous

      A year ago:

      Gold Over $2000, Silver Breaks Out: The Devil’s Favorite Money Will Soon Be Forced On Us

    • They can’t keep it going for decades. It is true that the Fed created this mess themselves, by starting tapering in 2017, which led to the deflationary shock that resulted in the repo crisis, and restarting QE, so it’s definitely contrived.

      But that’s more a matter of keeping it under their control, but the debt is simply too big. Money growth has been anemic in the West since 2008, that’s why we’ve had (close to) 0% interest rates for 13 years now.

      And don’t forget: everything is a bubble atm. In financial terms we’re in a ‘boom’ now, just look at the S&P which has been climbing hysterically the last few years. Real estate is frothing all over the West.

      Here in Holland people are making good money with normal labor, like construction etc.

      Many people think times are ‘good’.

  3. john mcclay permalink

    There is no lab made virus. Viruses do not cause illness. The entire Germ Theory is a hoax.

    I get what you are saying, but what can we do about it besides being victims of fear and circumstance? Appreciate your work!

    John

    ________________________________

    • To combat the money scarcity in local economies, people must open up high end interest-free local units. Best is along the lines of De Florijn, which, conceptually, is the leading interest-free currency in the World, for as far as I can tell.

      De Florijn is the first and only interest-free credit based currency that is also convertible to Euro. In America similar systems can be floated to be convertible to Dollar.

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  7. Comment Schwab (en lien sa famille) et les banquiers centraux vont nous massacrer – par l’expert hollandais Anthony Migchels, qui confirme les analyses de Patrick Reynouard. «Le style Great Reset WEF n’est que la distraction. Nous ne manger
  8. Ce matin les courses du mois avec mon taxi fraîchement vacciné. Il geint, ne se sent pas bien, puis il me dit que tout le monde se vaccine ou va se vacciner, y compris ceux qui ne voulaient pas se vacciner jusqu’ici (sensation que j’ai eue en France
  9. Le bordel : Pierre, un bon ami lecteur, nous fait le point sur la dramatique situation française. «L’inquiétude commence à monter…Les gens vaccinés  tombent malades…les gens n’ont plus envie de travailler car ils ne croient plus
  10. Anthony Migchels: New Gold Standard Will Trigger Depression | altnews.org

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