Unpacking Recent Economic Moves — Gold, Cashless Currencies, BRICS & More
We spend hours every day tracking global economics and still can’t determine with any certainty what’s really going on. Some things seem quite obvious when you look just below the surface: the current so-called US recovery is mostly a figment of propaganda and has little to do with true economic strength. (The US Government is over $18 trillion debt; the major banks are carrying hundreds of trillions in derivatives debt and have failed their “stress tests”; the FDIC, Social Security and Medicare don’t have anywhere near enough funds to fulfill their promises, etc.)
The global geo-political dynamic is in transition, and there are many viable scenarios describing what those developments might be. Is a global cashless currency using SDR’s on the horizon? Is there really gold in Asia that the elders there are planning to use to underwrite major positive change? Is China in cahoots with the western banking cabal or poised to help disempower it?
In this interview, Foster unpacks different scenarios and envisions exciting solutions strategies in more depth than previous blogs. New developments show up weekly and we will continue to share our learning as we go. It is a fascinating time in history, and as always, our participation will help determine how it unfolds. Stay tuned! — Kimberly
For transcript of interview from David Morgan with Foster Gamble,click HERE.
For the video version, click below. Warning: Sound is not very good.