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cory85

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13/11/16

11:05

Post #: 20577584
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Originally posted by shaneos ↑

The World Is About To Witness A Breathtaking Once In A Century Event

http://kingworldnews.com/the-world-is-about-to-witness-a-breathtaking-once-in-a-century-event/

The $50 Trillion Project And A New Monetary Order

To give you a specific taste of what lies ahead, as the U.S. spends perhaps $1 trillion to repair its crumbling bridges, its ancient water pipes, its highways, and its electric grid, China will be adding 31 percent to its capacity to generate electricity as well as entering into agreements to build ultra-high-voltage grids (another area, along with super computers, in which China leads the world) that allow China to generate power it can transmit to countries ranging from Germany to Japan to India. This electricity will be needed to power electric cars and provide lighting in dense urban areas that have yet to be built. Wang Min, an executive vice president of the government-owned Chinese State Grid, has said ultra-high-voltage power networks can tie together the entire Silk Road by 2050. The cost estimate he gives is $50 trillion, well more than $1 trillion a year. But talking about this in dollars is misleading, indeed, meaningless.

As commodities grow scarcer, they won’t be available for dollars at all. Enter a new monetary order – and gold. I don’t expect to be around in 2050. But well before then, as signaled by the market this past week, we’re all likely to see Eastern development and the new gold-based monetary system it will spawn emerge as the dominant economic and socio-political stories for years to come.

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https://www.goldmoney.com/
GoldMoney
Company
Goldmoney is a global full reserved gold-based financial services company founded by James Turk, Roy Sebag, and Josh Crumb. Wikipedia

Stock price: XAUMF (OTCMKTS) US$2.99 -0.10 (-3.26%)
11 Nov, 4:00 PM GMT-5 - Disclaimer
Headquarters: Toronto, Canada
Revenue: 258.7 million USD (2016)
Founders: James Turk, Roy Sebag, Joshua Dale Crumb
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0 Great analysis

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