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Wednesday, 12 August 2009

Is there something..............from Rico


Is there something WE don't know?

More precisely, is there something our Governments are NOT telling us? Something they know but do not want us to know?

Our 'fiat' currencies are backed by the full faith of the government, right? What could possibly go wrong with that?

Unreported News: World governments [read: central banks] have a Central Bank Gold Agreement which governs how much gold these Central Banks [read: governments] can sell per year.
- This year, official sector sales of gold have been only 140 tons out of a limit of 500 tons.

Hmmmmm. Everyone a billionaire, like in Zimbabwe?

1 comment:

tom said...

Billionaire? I'm a QUADRILLIONAIRE at the very least in Zimbucks!

I have stacks of 100 TRILLION dollar reserve notes.

Through the help of friends on the dark continent that collect american license plates for their safari camp bar walls, I've got 2007-2009 Zim currencies starting at 1 dollar all the way up to 100 trillion and I've got a 10, 20, and 50 of the new 2009 money where they lopped off the 0s and started over at 10.

Framed set of one of each from 1 buck to the latest notes makes a nice wall display and the 100 trillion notes are fun to leave as tips for cute waitresses and bar maids along with actual currency you can buy stuff with. Last I checked the 100 trillion notes of the non-re-pegged Zim money were worth about 2 hundredths of a US Dollar and are worth less than that now.