The Governor of the Dutch central bank stated the gold revaluation account ensures the solvency of his central bank in an interview on television about prospective losses. The significance of this statement is that if any European central bank will cover losses by using its gold revaluation account in full, the ECB has to put a floor under the gold price. And if more losses need to be covered than the current gold revaluation accounts of European central banks allow, the ECB will need to revalue gold.
Really interesting. So, in a nutshell we have a western power with a clear motive to NOT see the price of gold go down. On the flip side, am I wrong for thinking other western powers have a clear motive to keep gold down as to not see Gold-rich “enemies” like Russia and “frennamies” like China with vast gold reserves gain an upper hand? So, in theory something’s gotta give, eventually... (I know it’s more complicated, I’m just trying to gauge the positions of players on the board)
Highly appreciated your writing and interview. IMO, the global "curse" of ""CENTRAL BANKING" and, its ever-growing DEBT (USURY) and INTEREST % MANIPULATION is the "root cause" of our WORLD's RECESSIONS > UNEMPLOYMENT > DEPRESSIONS and unprovoked, unaffordable WARS, from 1900-through today - ALL, "privately"-owned CENTRAL BANKS, led by a tiny "cabal" of unelected thieves, hoodlums, pirates, criminals, gangsters, plunderers to enrich themselves & thereby CONTROL THE WORLD (HEGEMONY!) - ALL, at the expense of the world's EVER-POORER, honest, hardworking PEOPLE (the MASSES or the SLAVES). The "Founders" of this Western convoluted criminal, lending cabal had to "wait" for Queen Victoria and her German husband to die! IN ORDER TO found their 1st CENTRAL BANK, Bank of England, London, in 1910, followed by the USA's Federal Reserve Bank, 1913, IN ORDER TO "finance" WW1, WW2 and rest of non-stop, unprovoked, unaffordable "American Century" WARS through today (Ukraine!) - ALL, to enrich themselves, these parasites, racketeers, thugs, bandits are the root cause of present-day unspeakable GLOBAL DEATH & SUFFERING. When will our WESTERN LEADERSHIP (USA & EUROPE) get the COURAGE to SPEAK UP, UNITE, & STOP! this madness and injustice? and, "guillotine" the CULPRITS, RE-COUP THEIR STOLEN WEALTH & THEREBY BRING "PEACE" & "PROSPERITY" to HUMANITY!
(As to GOLD: we, in THE WEST, are SO IGNORANT, DUMB, COWARDLY & SHORT-SIGHTED, that we keep selling our GOLD, as we speak, to THE (smarter, more ethical, just, fair, humane) "EAST". IMO: the only "WESTERN exceptions" to above are: Germany & the Netherlands, both, fair, responsible, fiscally-conservative nations ...i.e., they "live within your means", "pay as you go".
Really interesting. So, in a nutshell we have a western power with a clear motive to NOT see the price of gold go down. On the flip side, am I wrong for thinking other western powers have a clear motive to keep gold down as to not see Gold-rich “enemies” like Russia and “frennamies” like China with vast gold reserves gain an upper hand? So, in theory something’s gotta give, eventually... (I know it’s more complicated, I’m just trying to gauge the positions of players on the board)
Highly appreciated your writing and interview. IMO, the global "curse" of ""CENTRAL BANKING" and, its ever-growing DEBT (USURY) and INTEREST % MANIPULATION is the "root cause" of our WORLD's RECESSIONS > UNEMPLOYMENT > DEPRESSIONS and unprovoked, unaffordable WARS, from 1900-through today - ALL, "privately"-owned CENTRAL BANKS, led by a tiny "cabal" of unelected thieves, hoodlums, pirates, criminals, gangsters, plunderers to enrich themselves & thereby CONTROL THE WORLD (HEGEMONY!) - ALL, at the expense of the world's EVER-POORER, honest, hardworking PEOPLE (the MASSES or the SLAVES). The "Founders" of this Western convoluted criminal, lending cabal had to "wait" for Queen Victoria and her German husband to die! IN ORDER TO found their 1st CENTRAL BANK, Bank of England, London, in 1910, followed by the USA's Federal Reserve Bank, 1913, IN ORDER TO "finance" WW1, WW2 and rest of non-stop, unprovoked, unaffordable "American Century" WARS through today (Ukraine!) - ALL, to enrich themselves, these parasites, racketeers, thugs, bandits are the root cause of present-day unspeakable GLOBAL DEATH & SUFFERING. When will our WESTERN LEADERSHIP (USA & EUROPE) get the COURAGE to SPEAK UP, UNITE, & STOP! this madness and injustice? and, "guillotine" the CULPRITS, RE-COUP THEIR STOLEN WEALTH & THEREBY BRING "PEACE" & "PROSPERITY" to HUMANITY!
(As to GOLD: we, in THE WEST, are SO IGNORANT, DUMB, COWARDLY & SHORT-SIGHTED, that we keep selling our GOLD, as we speak, to THE (smarter, more ethical, just, fair, humane) "EAST". IMO: the only "WESTERN exceptions" to above are: Germany & the Netherlands, both, fair, responsible, fiscally-conservative nations ...i.e., they "live within your means", "pay as you go".
THANK YOU! for your invaluable work, Jan.
(I first saw your name in: Deutsche-Wirtschafts-Nachrichten.de, which I read daily!).
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