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If you insist on a monetary system, at least do better.
Oh, and....
Oh, oh, and I made you a playlist debunking money. Very informative. Very informative. Can't resist that... well... unless you happen to be my mother....
Oh, oh, oh, might as well throw in an MK-Ultra interview with Gonzolo Lira about QE2....
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love, 99
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zerohedge- Iran annouces convertion of 100 billion in currency to (Missing IMF) gold.
ReplyDeleteAre we talkin' this is where the gold went from the "Dirty Dozen" billionaires who raided the gold market recently? I have not been paying very close attention. Too much driving around and hassling with doctors, cars, relatives and friends.... In any case, good for Iran. They just keep doing what they feel is right for people, even with psychopaths itching to attack them for it. That's the way everyone should be. We'd run out of that brand of psychopath if we were.
ReplyDeleteWhere talking 350ish tonnes of PHYSICAL gold. 10 years of their demand.
ReplyDeleteBillionaires raid the gold market on paper. Simple. Less heavy lifting, you know how the elites are.
Seems like the IMF was trying to offload about 800 tonnes to raise capital, a bunch went to India, some I can't rememeber 50ish tonnes went to blah, blah, oh, CHINA... This looks like the rest...sold quietly, annouced after the fact. Now just close the IMF and Bob's your uncle. Gwobilwizzation coming to a school near you, vote now, ha ha ha.
Iran and the smart $$$ is in full CYA mode.
Imaginary Monetary Fund
ReplyDeleteDecoupling, I think that is what they call it. You know, like the dollar, it's simply not connected to anything real, except debt.
No there were mostly Saudi billionaires pulling a fast one in the actual stuff a few weeks back. Cleaned some clocks... called the bluff, so to speak.
ReplyDeleteBut I'm too rattled to think about it very hard.
I just hope Mister North gets me my barn loft and claw foot pretty soon... or you and I can take off for Venezuela or Cuba... or maybe Bippy will finally fetch me off to Russia... OR I can hitch a ride to Iceland.
SOMETHING.
--99