{"id":1062,"date":"2016-03-30T11:48:04","date_gmt":"2016-03-30T09:48:04","guid":{"rendered":"http:\/\/finalwakeupcall.info\/en\/?p=1062"},"modified":"2016-03-30T11:48:04","modified_gmt":"2016-03-30T09:48:04","slug":"why-gold-is-money","status":"publish","type":"post","link":"https:\/\/finalwakeupcall.info\/en\/2016\/03\/30\/why-gold-is-money\/","title":{"rendered":"Why gold is money"},"content":{"rendered":"<h2 style=\"text-align: center;\">Gold is\u00a0real <em>money<\/em><\/h2>\n<p><strong>Money system:<\/strong><\/p>\n<p>The world money system is based on the creation of money out of nothing, something that doesn\u2019t exist, and lending it to people, governments, and businesses in return for interest. Money that is created out of debt, actually \u2018debt money\u2019, <strong><em>but debt is the opposite a claim, of money<\/em><\/strong>, thus <strong><em>bogus money<\/em><\/strong>, as debt is made into wealth becomes every citizen debt slave of the RK Mafia controlled banks. Only banks have the legal right to hold debt on their balance sheets as a wealth asset, whereas the little people hold debt as an obligatory liability.<\/p>\n<p>&nbsp;<\/p>\n<p>Vital to this is to allow bankers to lend money they don\u2019t have. If you have a million euros, you can lend a million. Quite simple. But if a bank has a <a href=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/Money-in-bank-myth.jpg\" rel=\"attachment wp-att-1053\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-1053\" src=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/Money-in-bank-myth-300x189.jpg\" alt=\"Money in bank myth\" width=\"300\" height=\"189\" \/><\/a>million euros it can lend ten or more times that amount, and charge interest on all of it. But when just a fraction of the number of people that have money deposited in the bank withdraw their money, the banks would shut the doors in an hour because they do not have it.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong><em>Money in the bank is a myth.<\/em><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>When you ask the bank for a loan, the bank doesn\u2019t print a single new note. It merely types the amount of the loan into your account. From that moment you are paying interest to the bank on what is no more than figures typed on a screen. But if you fail to pay back that <strong>non-existing loan<\/strong>, the banks take legally your wealth that <strong>does exist<\/strong>, your home, your land, car, and any possession of yours to the estimated value of the loan &#8211; the number that was typed on a screen!<\/p>\n<p>&nbsp;<\/p>\n<p>All this money is brought in circulation by a <strong><em>private bank<\/em><\/strong>, not the government as many may think. The more loans made, the more money in circulation. The private Central Banks, controlled by the RK Mafia, control how much money is brought in circulation. And that makes the difference between a boom and a bust. It is private people that decide how much money is in circulation and they decide between an economic boom \u2013 PROSPERITY, and economic depression \u2013 POVERTY. Through the quantity of money in circulation they decide the booms or busts at will.<\/p>\n<p>&nbsp;<\/p>\n<p>The same is the case with the stock market, crashes don\u2019t just happen those are made to happen. All is systematic manipulation by the RK Mafia to steal the real wealth of the world. During a boom many more people get into debt, then at the most opportune moment, the major bankers, coordinated by the secret operating mafia, raise or lower interest rates, and start to recall outstanding loans.<\/p>\n<p>&nbsp;<\/p>\n<p>Governments could create their own <strong><em>\u2018interest free\u2019<\/em><\/strong> money. Why don\u2019t they do it? The RK Mafia controls governments as much as they control banks. Presidents are not elected, but selected by them in order to control all western governments and to complete Agenda 21. Conclusion, the whole global banking system is a manipulated <strong><em>scam<\/em><\/strong>. That\u2019s why it is imperative to own money that is no ones liability, like gold, platinum, and silver.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Money:<\/strong><\/p>\n<p>If people cannot clearly and quickly define the word \u2018money\u2019, it\u2019s proof they don\u2019t understand the meaning of money. &#8211; The proper definition of <a href=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/fiatmoney.jpeg\" rel=\"attachment wp-att-1054\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1054 alignright\" src=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/fiatmoney-300x282.jpeg\" alt=\"fiatmoney\" width=\"300\" height=\"282\" \/><\/a>money is generally, a vehicle that functions as a store of <strong><em>value <\/em><\/strong>and is a medium of <strong><em>exchange<\/em><\/strong>. \u2013 All today\u2019s currencies are debt, because none are redeemable for anything by their issuer, neither exists a limit on the quantity that can be created. Only a vague claim \u201c<em>against good faith and credit<\/em>\u201d of the government under the pretence to extort tax money from their subjects, and under their declaration of <strong><em>faith<\/em><\/strong>, they have the ability to destroy the currency through <strong><em>inflation<\/em><\/strong> that destroys the <strong><em>credit<\/em><\/strong> and eventually reduces it to literally <strong><em>nothing<\/em><\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>To show the effect of inflation: In 1933, the value of the US dollar in gold was 1 1\/2 grams. Today, the value of the dollar is only about 2 1\/2 hundredths of a gram of gold. The self-satisfied money masters are struggling to hold their intellectual construct, the irredeemable currency that is the dollar, from plunging in value to thousandths and ten-thousandths of a gram.<\/p>\n<p>&nbsp;<\/p>\n<p>All credit leads to debt. Salaries, wages, even capital gains, are forms of wealth you have already earned. But credit is not the same as money you have earned. So, debt is a claim on money you still have to earn. &#8211; Debt must be repaid. 25 Oct. &#8211; 2012 Debt Burden<\/p>\n<p><a href=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/debt-money.png\" rel=\"attachment wp-att-1057\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-1057\" src=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/debt-money-300x92.png\" alt=\"debt-money\" width=\"300\" height=\"92\" \/><\/a>Today\u2019s paper money is <a href=\"http:\/\/finalwakeupcall.info\/en\/2015\/07\/15\/topmost-criminal-money-swindlers-in-history\/\" target=\"_blank\">debt money, which in itself is impossibility<\/a>, as debt is the contrary of money. But debt money is an excellent means for governments to tax people indirectly, clandestinely, through inflation. That\u2019s one reason central bankers love paper money, but also, phony economic theories, like those of John Maynard Keynes hold that the government not only can but also should meddle with the economy, and have the ability to print paper money that gives them a means to do that.<\/p>\n<p>&nbsp;<\/p>\n<p><em>\u201cYou cannot take interest rates down to zero per cent and then into the negative territory, constantly increase the amount of something I like to call \u2018quantitative counterfeiting\u2019 and ultimately hope for a good ending. It\u2019s just not possible.\u201d <\/em><a href=\"https:\/\/www.youtube.com\/watch?v=0B3JUMgysvw\" target=\"_blank\">Says Michael Pento<\/a>.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Capital:<\/strong><\/p>\n<p>Central bankers, economists, and businessmen use money interchangeably with the term \u201ccapital\u201d but this is a fundamental error; <strong><em>Capital is not<\/em><\/strong><\/p>\n<div id=\"attachment_1058\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/labor-and-capital.jpg\" rel=\"attachment wp-att-1058\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1058\" class=\"size-medium wp-image-1058\" src=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/labor-and-capital-300x225.jpg\" alt=\"render of a crowdfunding concept\" width=\"300\" height=\"225\" \/><\/a><p id=\"caption-attachment-1058\" class=\"wp-caption-text\">render of a crowdfunding concept<\/p><\/div>\n<p><strong><em>money<\/em><\/strong>, the first is scarce the second is infinite. Capital comes from <strong><em>savings<\/em><\/strong>, and the policy of cheap credit with its inflation of time preference has encouraged spending, not saving. Subsequently <em>scarce capital<\/em> is growing ever <em>scarcer<\/em>. To grow a business capital and labour are the main components.<\/p>\n<p>&nbsp;<\/p>\n<p>One day, the price of capital will reflect its underlying scarcity, but in the meantime businesses think very carefully about their capital requirements, and are increasingly wary of those for their survival, which depend on artificially cheap &#8220;<em>debt money called capital<\/em>.&#8221; As matter of fact, physical gold bullion is the oldest and purest capital that exists. &#8211;<\/p>\n<p>&nbsp;<\/p>\n<p>Clearly genuinely created capital is necessary to stimulate the economy. That\u2019s not the case with easy money programs that created the credit. It is managed to rig the system so this easy money was considered on par with actual capital, spurring asset prices to jump in return. &#8211; Money versus Capital 17 Nov- 2013<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Fiat Money:<\/strong><\/p>\n<p>In today\u2019s world, not only do people around the world take it for granted that paper is money, but that it should be so. But it\u2019s all nonsense. After the current system collapses, as every paper money system in the past has collapsed, some form of money will have to replace it, and it\u2019s almost certainly going to be gold.<\/p>\n<p>&nbsp;<\/p>\n<p>Today\u2019s paper money is called fiat currencies; they have <em>zero intrinsic value<\/em> and are not <em>redeemable<\/em> for anything, but are accepted because the government will put you in jail if you don\u2019t. It\u2019s a <em>fiat accomplished by force<\/em>, not real value recognized by those who accept the notes. A currency is a government substitute for money. But gold is\u00a0<em>money<\/em>.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong>True money is simply a medium of exchange with a store of value.<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Characteristics of money:<\/strong><\/p>\n<p>Actually almost anything of value could be used as money, but obviously, some things work better than others; it\u2019s hard to exchange things people don\u2019t want, and other things don\u2019t store value quite well. Over thousands of years, the precious metals gold and silver have emerged as the best form of money.<\/p>\n<p>&nbsp;<\/p>\n<p>The characteristics of money are:<\/p>\n<ul>\n<li><a href=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/functions-of-money.jpg\" rel=\"attachment wp-att-1055\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-1055\" src=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/functions-of-money-300x204.jpg\" alt=\"functions of money\" width=\"300\" height=\"204\" \/><\/a>Durability<\/li>\n<li>Divisibility<\/li>\n<li>Portability<\/li>\n<li>Uniformity<\/li>\n<li>Intrinsically valuable<\/li>\n<li>Limited supply &#8211; impossible to be created out of thin air<\/li>\n<li>Wide acceptability<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong><em>These characteristics make gold money<\/em><\/strong>, as the simple result of the market process, seeking optimum means of storing value and maximizes exchange capability.<\/p>\n<p>&nbsp;<\/p>\n<p>There are lots of other advantages to gold as money. It\u2019s by far the most private kind of money; gold coins, unlike paper currency, don\u2019t even carry serial numbers. That makes it truly untraceable. At current prices, it\u2019s more portable than cash, even in the form of \u20ac 100 bills. It doesn\u2019t retain traces of drugs, as does currency, which makes it less liable to arbitrary confiscation. Although efforts have been made to counterfeit gold bars, with tungsten filler and such, it\u2019s much easier to authenticate than currency.<\/p>\n<p>&nbsp;<\/p>\n<p>Many cultures have long histories with the metal and recent histories of living in a police state; they understand the value of real money. Although common people are now the biggest gold buyers, their governments and central banks are accumulating it as well.<\/p>\n<p>&nbsp;<\/p>\n<p>It is expected that gold will soon become the preferred medium of exchange for many. Early adopters will include dealers in drugs, armaments, and other prescribed merchandise; these folks are very security-conscious. They will be joined by all manner of people who just want to do business below the government radar.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Privacy:<\/strong><\/p>\n<p><a href=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/privacy.jpg\" rel=\"attachment wp-att-1056\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1056 alignright\" src=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/privacy-300x300.jpg\" alt=\"privacy\" width=\"300\" height=\"300\" \/><\/a>And now, paper currency is gradually going to be eliminated by governments in favour of debit cards, credit cards, and other media of electronic transfer. Governments prefer these things, for obvious reasons. People, therefore, are going to need a private way to trade when paper cash is unavailable.<\/p>\n<p>It\u2019s not just that cash will be harder to come by and harder to use. People won\u2019t want to hold it, as inflation gets serious.<\/p>\n<p>&nbsp;<\/p>\n<p>There are about three trillion dollars in money market funds; 100% of that money is invested in the short-term debt of banks, corporations, and governments. One would be very leery of this, as debt is not always <em>repaid<\/em>. <strong><em>Gold<\/em><\/strong> <strong><em>Money, however, simply \u201cis\u201d<\/em><\/strong>. That <em>distinction<\/em> is lost on almost everyone. Don\u2019t be among them.<\/p>\n<p>&nbsp;<\/p>\n<p>So you should own gold because it\u2019s money, because of its security, and because it\u2019s an excellent speculation too. If you think of your gold as <a href=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/fiat-vs-gold-inflation.-png.png\" rel=\"attachment wp-att-1059\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-1059\" src=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/fiat-vs-gold-inflation.-png-300x168.png\" alt=\"fiat vs gold - inflation. png\" width=\"300\" height=\"168\" \/><\/a>cash, and fiat currencies as a merely temporarily fashionable means of exchange, you\u2019ll find yourself loading your portfolio with much more gold and gold substitutes. That will protect you against the very rapid loss of value paper currencies face in years to come. Inflation truly is going to get out of control.<\/p>\n<p>&nbsp;<\/p>\n<p>The arrogant Central Bankers of today will without any doubt achieve a world sunk in economic incapacitation. But don&#8217;t expect any one of them to ever say, &#8220;We were mistaken&#8221;.<\/p>\n<p>&nbsp;<\/p>\n<p>In a world where <strong><em>all assets<\/em><\/strong> are nothing more than promises, gold and silver will do what they have done for 5,000 years.\u00a0They promise nothing, as they don\u2019t need to promise anything but what they are, money, <strong><em>real money<\/em><\/strong> that will have <strong><em>real value<\/em><\/strong> when the current credit\u00a0system collapses and even greater real value whenever a new system is established!<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Why Bother With Cash When You Can Own Gold?<\/strong><\/p>\n<p><a href=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/gold-versus-cash-life-bouey.jpg\" rel=\"attachment wp-att-1060\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1060 alignright\" src=\"http:\/\/finalwakeupcall.info\/en\/wp-content\/uploads\/sites\/2\/2016\/03\/gold-versus-cash-life-bouey-300x265.jpg\" alt=\"gold-versus cash-life-bouey\" width=\"300\" height=\"265\" \/><\/a>The conventional knock on gold is that it is inconvenient and expensive to hold, and doesn&#8217;t provide yield. But in a world of negative interest rates, this argument is not becoming applicable to cash.\u00a0For instance, the world&#8217;s second largest reinsurance company has decided to begin pulling cash from banks and storing it in its own vaults to avoid negative rates. If you are going to do that, why not buy gold? It is the best protection in a very weak economic environment. &#8220;People are figuring out that if you&#8217;re going to go to all this trouble holding physical bills, taking your deposits out of the bank where they once were very liquid and apparently very safe, and go to the trouble of vaulting them at home or in your companies vaults as in Munich Re, maybe you should start thinking about gold.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p><iframe loading=\"lazy\" width=\"676\" height=\"380\" src=\"https:\/\/www.youtube.com\/embed\/dDgkTEXAH_U?feature=oembed\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold is\u00a0real money Money system: The world money system is based on the creation of money out of nothing, something that doesn\u2019t exist, and lending it to people, governments, and businesses in return for interest. Money that is created out&#8230; <a class=\"more-link\" href=\"https:\/\/finalwakeupcall.info\/en\/2016\/03\/30\/why-gold-is-money\/\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[606,395,706,126,325,272,822,18,120,124,270,85,27,821,34,123,19,704,60],"class_list":["post-1062","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-capital","tag-cash","tag-characteristics-of-money","tag-credit-money","tag-debt-money","tag-enslavement","tag-fiat-money","tag-gold","tag-gold-backed-currency","tag-gold-standard","tag-khazarian-mafia","tag-money","tag-money-printing","tag-money-system","tag-paper-money","tag-quantitative-easing","tag-silver","tag-what-is-money","tag-zero-interest-rate-policy"],"_links":{"self":[{"href":"https:\/\/finalwakeupcall.info\/en\/wp-json\/wp\/v2\/posts\/1062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finalwakeupcall.info\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finalwakeupcall.info\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finalwakeupcall.info\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finalwakeupcall.info\/en\/wp-json\/wp\/v2\/comments?post=1062"}],"version-history":[{"count":1,"href":"https:\/\/finalwakeupcall.info\/en\/wp-json\/wp\/v2\/posts\/1062\/revisions"}],"predecessor-version":[{"id":1063,"href":"https:\/\/finalwakeupcall.info\/en\/wp-json\/wp\/v2\/posts\/1062\/revisions\/1063"}],"wp:attachment":[{"href":"https:\/\/finalwakeupcall.info\/en\/wp-json\/wp\/v2\/media?parent=1062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finalwakeupcall.info\/en\/wp-json\/wp\/v2\/categories?post=1062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finalwakeupcall.info\/en\/wp-json\/wp\/v2\/tags?post=1062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}