EUROPE'S GOLD BUGGERY: TIME TO GO SNAG AN ASTEROID

Originally published at: https://gizadeathstar.com/2025/06/europes-gold-buggery-time-to-go-snag-an-asteroid/

When V.T. sent along the following article, I knew I would have to blog about it, because it basically warns about something I’ve been trying to warn about, most recently in my two Rialto in Richmond books. That something is simply that there’s not enough bullion and specie in all the world to cover, or be…

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There was a time when metals were valuable and useful in reasonable quantities. Recall the now quaint idea of a ‘coin purse’ or poke/poque. Your observations about not enough metals in existence (that we know) to serve as the primary circulating currency is right. Hence the (paper first, now digital, soon CBDC) ‘dollars’ that fulfill the majority of transactions based solely on ‘faith/trust’. The cryptocurrency experiment is prototyping for CBDC and all that comes with that (control). For now, Bitcoin is private and secure…but like hoarded precious metals at some point you have to spend it and when these have to be exchanged into the common transactional unit (currently paper or digital dollar) that the asset is no longer private.

Physical metals have been suppressed for certain. Another factor is convenience. The divisibility issue (with shockingly revalued upward metals transactions would have to be done with flakes as you say) has been addressed to a degree with ‘Goldbacks’ which are a physical note with real gold embedded in very small quantities. Manufacturing costs at this point are high relative to the values though so the ‘premium’ you pay over actual gold content is excessive.

Generations accustomed to doing everything (many don’t own desktops / laptops anymore) on a Tiny Hand Computer (THC - acronym chosen for effect) are more comfortable exchanging digital dollars for digital coins/tokens on their THCs.

Some say these coin/token instruments were created to ‘soak up’ excess dollars from this generation who don’t trust the stock market and can’t afford houses. Intentionally designed to divert ‘money’ away from metals to avoid a stampede in that direction.

The latest ironic twist is the ‘stablecoins’ (artificially created ‘tokens’ easier to transact in than bitcoin) which hold money used to ‘buy’ them mostly in short term US Treasuries, being considered one of the potential buyers of UST as foreign entities say ‘no thanks’.

Fragile and problematic as bitcoin and stablecoin are…they duplicitously may become useful to the money masters as a way of channeling assets of doubting generations back into money instruments that prop up the government ponzi system.

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… yes, lets interrupt the habits of The Cosmos that have been ongoing for billions and billions of years … What could possibly go wrong? Brilliant!

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… like the buying of gold. I would like to buy some gold but I have nothing to offer but these pieces of paper with President’s pictures on them. I have nothing of value to offer you for the gold. … They sure seem to be Ok with taking paper for gold.

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Is this related to the EU squawking about essentially wanting to commandeer people’s savings? Is it them trying to use personal savings to shore up this gold debt?
Under the guise of ‘spreading the wealth for innovation etc’?

Enquiring-not-financially-oriented-minds want to know, please.

Everything is on the table. Both in Europe and here in the USA. In Europe they’re talking about ‘commandeering savings’. Not sure what that means other than forcing DeutscheMark ‘cash’ deposits into German government debt.

Here in the USA…both USG and the Boomer generation have tremendous amounts of ‘wealth’ tied up in non-performing assets (USA in western lands/oil/minerals, Boomers in real estate and their retirement accounts.). I’ve heard discussed the possibility of forcing liquidation of those dead assets and mandating ‘investment’ (purchase) in US Treasuries (whose returns are below actual inflation). This is like selling Grandma’s sterling silverware to the Pawn Shop to pay the credit card bill. Boomer retirement account liquidations to pay expenses is a major factor in keeping the economy going right now. They’d like to speed this up to stimulate the economy and divert as much as possible to cover other countries not buying US treasuries any more.

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So you are saying yes, this is related to the gold shortage. In that, they want to use everything they can to 'plug the hole ’
Oh boy.

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The USSA FED
[read PRIVATE Bank, under a Big Fat BIS thumb]
Goes by the Golden Rule:
He who has the gold[read physical]
RULES!

[although, when it comes crunch time? The BIS, may find pulling strings… ?]

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Abstraction upon abstraction, ultimately even the gold is abstracted into off world ‘futures’

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