STOPPING THE GLOBALISTS: Finally, an Important Tool against the Globalists Is Emerging
Can the Goldback prevent the introduction of the CBDCs or replace them?
THIS IS NOT AN INFOMERCIAL. I AM CONSIDERING THE FEASIBILITY OF A GOLD-CONTAINING PAPER CURRENCY AND WHETHER IT CAN TAKE OVER THE ROLE OF THE CBDC, EFFECTIVELY CANCELING THE GLOBALIST TAKEOVER BY RENDERING FIAT MONEY WHAT IT IS: A SCAM.
In the last year, when I talked about the only effective countermeasure to CBDCs, I’ve always talked about a “people’s currency.” I even contemplated over the necessary steps to circumvent the CBDC, but at that time, I restricted my consideration to local communities:
Apparently, some serious effort has been made in the right direction, so it’s time to start thinking about the next steps.
Goldbacks
About two years ago, I learned about Goldbacks that first had been introduced in 2019 in Utah:
https://www.goldback.com/our-story
Wikipedia might be telling the truth this time, when it describes the currency:
Goldbacks are shaped like regular currency notes but contain 24K pure gold. The gold is safely contained between two layers of clear polyester, which add artistic elements to the fractional gold bullion they contain.
Goldback notes are marked for their gold contents in ounces or, more exactly, usually tiny fractions of an ounce. Allegedly, it is still possible to regain the gold from the notes, should the need arrive.
By now, the Goldback can be found in four states:
Utah, New Hampshire, Wyoming, and Nevada.
Certain businesses accept them.
Who is making them?
Do they really contain gold? That is subject to further inquiry.
Minting
The notes are minted by Valaurum, a regulated and certified private mint which mints gold products for various governments across the world.
Initial source for minting
Valaurum was initially funded by a lease of Gold from the United Precious Metals Association
The United Precious Metals Association (UPMA) was established in response to the passage of the Utah Specie Legal Tender Act in early 2011. UPMA aims to provide viable choices in currency...
UPMA is a Cooperative operating on a non-profit basis.
New release for New Hampshire Goldback, 2021
New Release: New Hampshire Goldbacks - Valaurum
Source of physical gold: Alpine Gold Exchange
Servicing the United Precious Metal Association
Since the time of President Reagan, the Treasury of the United States has minted U.S dollars in the form of gold and silver coins. These coins are legal tender just like Federal Reserve notes. This means transactions made with gold or silver coins are not considered barter transactions, and therefore cannot be taxed as such.
Of course, the very idea of paying with a one-ounce one-dollar coin counting the value as one dollar is revolting. Asking for more, however, is already a trading transaction. The text of the infomercial conveniently passes by that little glitch:
...Goldbacks available, which are excellent for small, in-person transactions. They are an incredible innovation in Sound Money as they allow small units of physical gold to be traded in-person.
I can smell a logical fallacy in the logic of general usability. Just because the Treasury can coin gold and silver, it doesn’t mean anyone is allowed to do it, and by federal law, certainly no private parties are invited. In history, issuing money has always been a royal prerogative. Of course, the American “royalty,” since 1913, has been a private bank, the Federal Reserve, but nobody seems to care that people have been enslaved to a private entity ever since. It adds an unwelcome twist to the situation that the Fed couldn’t switch back to gold-backed currency even if it wanted to, because existing gold reserves are now negligible:
Over 160 central banks all over the world are owned by the same moneyed interests as the Fed and operate by the same principles.
The logic that anyone can use gold as a legal tender is based on the Utah Legal Tender Act of 2011:
A few featured businesses are accepting Goldbacks
Goldbacks are now accepted even at farmer’s markets in the four states, where they are legit.
In the following page, you can choose a state and see which businesses are advertising their acceptance of the alternate currency:
Featured Businesses — Goldback
Notice that all these businesses are not owned by globalist circles and, as such, they are inconsequential. They are all kinds of small-timers: plumbers, chiropractors, coffee shops, car repair shops, and even law firms, but even after combining their efforts, they couldn’t keep an economy afloat. You cannot find food or energy production or distribution and delivery services among their profiles.
However, such businesses can also use the currency in trading between each other, but only as long as they remain in the four states, where it is accepted as a legal tender. Basically, they don’t even have to pay with Goldbacks, because using simple bookkeeping, it all boils down to barter, which dissolves even the slightest shadow of tax evasion.
THE REAL PROBLEMS
Even if the Goldback is not to be outlawed, currently, it seems to have the same potential as owning precious metal: you can use it until you run out. After that, you must barter; you’ll need products or skills, something in return for what you need. People run out of things to barter, too, so skills are more important, but artisans can be enslaved and treated as assets, just like members of the labor force are treated as such today.
In order to put the Goldback into full circulation, the next question will be:
Will any employers use the Goldback to pay their workers?
It is another question that paying employees in Goldbacks will certainly “violate” the laws of federal taxation for earnings with labor, and I’m not sure what can be done about it, except for shutting down the IRS and turning the Federal Government into an assembly that is sponsored by the member states, much like in the days of the Articles of Confederation before they were replaced by the Constitution that already made sure that people can run, but cannot hide from the federal “authorities.”
Chances are, trading in Goldbacks will stop there. Just like whole countries have been locked down and people were muzzled for no good reason, it’s easy to imagine the announcement that “using paper money is detrimental to public health” (the narrative that physical money can “spread viruses” has already surfaced during the plandemic), yet the powerful don’t even have to bother to tell people why to obey, and they usually don’t. Compliance-training has an over-100-year of history:
https://rayhorvaththesource.substack.com/p/a-brief-history-of-compliance-training
Yet what if even that obstacle can be overcome?
Receiving wages and salaries in Goldbacks sets back the employer-employee scenario to the beginning of capitalism, when starving workers accepted any wages that fed them. Lots of thugs will have to be armed to the teeth in order to protect the privileged, who create and maintain their assets from production and distribution.
Of course, with people carrying Goldbacks mugging will come back in style, too. As everyone knows, sometimes a single bullet is worth more than a million dollars in gold…
As long as loans with an interest are issued, the Goldback supply will dry up or inflate, if “governments” are using it to cover their expenses, so as it happened in the Roman Empire, the paper will contain less and less gold even officially, and ends up being useless:
https://www.visualcapitalist.com/currency-and-the-collapse-of-the-roman-empire/
That, however, is a price I am willing to pay, if the Goldback, or anything similar, can stop the globalists.
Now, here comes the ultimate challenge
For the modern world to function, sufficient energy must be produced and it must be available for everyday living as well as for production and distribution, unless people don’t mind reverting to the pre-industrial era, which would still be better than the technocratic paradise of the 15-minute cities inundated by 5G signals and people infused with graphene nanotech, but the people are not going to be asked. On the other hand, pre-industrial economies couldn’t sustain the current world population, so huge multitudes will end up six feet under.
Only a few areas are self-sufficient around the world, so the Goldback must enter international trade, which doesn’t look possible at the moment. In the meanwhile, the CBDCs are light-years ahead of the realization of such a configuration, which is making the matter acutely urgent:
https://rayhorvaththesource.substack.com/p/the-final-stage-to-a-one-world-government
In order to prevent major population losses, a few essential mechanisms must be addressed.
Secure payment methods must be set up, but the technological aspect must also be transformed in order to function in the new system. For that, industrial production, food and energy distribution, and legalities must be maintained and adjusted. For that, a new law enforcement must be created or the current one must be won over to the side of the people1. For the time being, telecommunication, production and distribution are at the mercy of a few globalist-owned cartels, and if they stop for a couple of weeks (e.g. due to “riots” or just for the heck of it), people won’t even have relatively-safe water to drink. Telecommunication and a few thugs have been successfully used for hammering people into compliance during the plandemic, and even localized EMP strikes through the 5G network can stop any resistance, while the carnage would be devastating.
I’m not saying it’s hopeless, especially because a first step has been made. This is a bit more than my usual minimalistic approach of being prepared:
https://rayhorvaththesource.substack.com/p/surrender-is-for-slaves-but-you-cannot
What I’m saying is that preparations cannot hurt:
https://rayhorvaththesource.substack.com/p/disruptive-events-are-coming
Most importantly, it’s time for action, which must involve establishing cooperation between parties that accept the new currency, are willing to use it for paying their workers, while significant progress must be made towards securing food and energy sources, distribution methods, and communication routes.
THE REAL CHALLENGES ARE STILL AHEAD, AND THERE IS NO TIME TO WASTE.
Good luck with most of the police and the armed forces having been injected and are now possible to control remotely, as the first link in my previous article describes it:
https://rayhorvaththesource.substack.com/p/you-are-unlikely-to-find-all-this
And I haven’t even mentioned the foreign mercenaries trained to be deployed against civilians (there are plenty of articles about that even on Substack).
My research showed they were way over priced for the actual gold content. I'd rather use silver coins for every day transactions.
It is still not readily spendable like the old gold or silver coins. 2018. How Paper Currency Has Changed in Our Lifetimeshttps://coinweek.com/paper-currency-changed-lifetimes/
Women on coins went over like a lead balloon. As for digital money, many people distrust it and don't want to learn it or use it. I'm one of them. I refuse to use Self Checkouts, the lines are long, and they error. I get no reduction on the cost of food that is factored into a Cashier's or Baggers's wages. I don't benefit from being the shopper, cashier, or bagger. and need on occasion someone to carry a purchase to the car for me. As to their USELESS UNARMED SECURITY GUARD, who would if requested walk me out, he does not have to load that heavy item, he does not have to confront the carjacker either. Besides I can still SHOOT BETTER.