THE GOLD RUSH: WHY ARE WE NOT BEING TOLD THE TRUTH?
Richard Cottrell
We are now approaching one of the most important tipping points in world history and yet we stagger on, besotted by iPhones and other electronic brain frying clutter in the expectation that things being as they are will remain the same in the future.
One can assume that the people of Hiroshima and Dresden thought that too, before they were toasted to a crisp by the latest advances in peace-keeping technology.
The entire new world order that kicked off with Bretton Woods in 1944 and then spread like a global rash – the World Bank, the IMF, the European Union – is now playing one of the most pointless mind games since our ancient ancestors taught themselves how to work markets with systems of exchange. Forms of money made barter largely redundant. In came precious metals, and especially gold.
The bright shiny stuff was not, of course, easily portable in large quantities. So it was stocked up in treasury houses and money minted according to the value of those reserves judged against the general credit stakes of any given country.