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Fishinnick

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266

11/08/24

16:06

Post #: 75159164
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Originally posted by wotsup: ↑

"a gold and silver commodity type based global monetary system,"

Some years back there was this talk of a monetary reset based on gold.
Each countries $ was based on the real gold they held and their net assets.
That would mean many countries $ value would take a huge hit, especially fort Knox's paper gold

Story has it, the likes of Russia, China and Co have for many years have been buying heaps of gold for this.
Somehow, Putin was doing a deal, that with all the oil given to them from Iran for payment of services, Putin was converting it into gold, but somehow by the way he was doing it, effectively doubled or more, the value the oil would have been.
(A bit vague here, but I expect you get the drift).

Not that long ago, it was said that Putin was encouraging all his people to buy gold and if they sold it in the mean time, there would be zero tax on profits.

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What about this idea Wotsup?

https://www.zerohedge.com/economics/trillion-dollar-coin-dumb-idea-some-government-people-take-seriously
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