this will create a an economic global financial convulsion like the world has never seen and there will be a wealth transfer and everybody will participate you do not have a choice your only choice is are you going to have the wealth transferred toward you or away from you it's all up to you well the banksters are at it again how will you protect yourself from the greatest theft in history five major banks exposed for moving trillions for mobsters one coin and drug cartels this is actually more than two trillion dollars


this is a fascinating article but in it there are links to the international consortium of investigative journalists and here they're providing a place where you can download all of the fincen file transaction transaction data to extract as much information as possible from the file dozens of reporters collaborated to manually collate data in thousands of transactions and what they've uncovered is amazing from a jumble of secret reports damning data on big banks and dirty money a massive


global research effort for fincen files turned secret records into use usable information exposing the futility of u.s led anti-money laundering efforts now uh if you recall there's a there was a video i did recently that showed the new illicit cash act that they're passing and the banking for all act this is uh to increase uh to give us more of this stuff that isn't working but that reporters you know independent journalists have to figure this stuff out because the government can't they just impose


all of these rules that don't work but this is a fascinating website you go into this article and there's more links that you can click and you can drill down in this stuff so here you can sort for all of the clients the ones that are it's for corruption embezzlement sanctions evasion or fraud and then you can drill down even further like this guy embezzled billions of dollars well he was chairman and controlling shareholder of bta bank in kazakhstan and uh you can follow the money and here it just says click on the


yellow dot to see the uh the area that that where the text or the text where to follow the journey so here you click on either one of these i'm going to click on the dot and it shows you where the funds are being transferred to to be able to launder this money you want to run it through different banks in different countries if you don't you're an amateur here's the staggering amount banks have been fined since the financial crisis of 2008. now this is the global financial crisis this has nothing to do


with assisting all of the criminals which the banks are guilty of this is is uh the banks being fined for the crimes that they themselves are guilty of and down in the middle of the article uh there's this table here that shows the amount that all of the different banks have have been fined for their criminal activity during the global real estate boom that caused the financial crisis and what surprises me is for once wells fargo is not on the top of the list you would think that wells fargo or jp


morgan would be at the top or or deutsche bank because they usually are bullion banks criminal corruption and here uh this is an article by craig hempke of sprott money and he talks about jp morgan admitting spoofing and he talks about deutsche bank and scotiabank they're guilty of doing certain things but at the end of it what he shows is that the whole system is corrupt that the regulators are corrupt that uh it's it's not this this isn't going to fix it now ted butler has an article


uh about the department of justice the commodities futures trading commission and jp morgan settlement in which he says that you know once these banks are under scrutiny and they are because they've just been caught with their fingers in the cookie jar it's a total fine for j.p morgan of close to a billion dollars uh one 920 million dollar fine now the problem here is they probably made a couple billion dollars doing this and so as long as the fine does not exceed the profits that they make which is


always the case then it's usually uh good to just keep on committing a crime uh pay the fine commit it again however this time they're under close closer scrutiny the investigations could go deeper and if they do go deeper into long-term manipulation instead of this short-term spoofing of high-frequency trading uh you know this is is stealing from all of the traders in the market but if they're doing long-term manipulation then it's it's also affecting all of the investors in the market and they've been


doing both so now they're under scrutiny ted butler has noticed a difference in the way that they trade and in this article he's saying that pretty soon gold and silver are going to be freed from the shackles and chains of uh the price manipulation they're going to be freed up for the price to just run and that goes along with even more stuff so here the lbma and this is from ronan manley of bullionstar lbma and comex so the london bullion market association and the commodities exchange collusion intensifies as the


chicago mercantile exchange approves 267 lbma gold and silver bar brands so the commodities exchange now before july 27th of this year there were 68 hallmarks brands of uh gold bars that were approved now that means the refinery so each bar has a hallmark stamp on it of the refinery that that always lives up to the purity and weight standards that the commodities exchange requires and so there were 68 there are now 230 gold bars they've gone from 68 to 230 different hallmarks that are acceptable


for going into the vault for storage and then delivery into these futures contracts when a futures contract matures somebody can take delivery and it is now legal to deliver any one of these 230 bars with silver it has gone from 75 bars to 180 bars why would this happen there's only one reason tightness in the precious metals markets the lbma and the commod the comex are both pyramid ponzi scheme fractional reserve uh standards they've they there was a time where uh the number of ounces available for


delivery on the commodities exchange was 1 300 of the amount of contracts or even even more so that means for every uh ounce of silver there are more than 300 different owners that could lay claim to that ounce it's a musical chairs ponzi scheme pyramid scam so anyway big investors have been coming into the market and a lot more of them have been standing for delivery normally it's a tiny little percentage just a few percent that actually take for delivery that stand for delivery when the contract matures uh this time


you know in this go around just in the past few months ever since march the amount of contracts that go into physical delivery has been increasing and it's it's been big and so uh they're having a problem sourcing real physical gold and silver to deliver into these contracts and so they had to expand the acceptable bar brands so moving on so that's the tightness and that tightness causes this paper gold no longer as important bank of america finds physical demand now key to gold prices and that's because


in order to deliver into one of these contracts you have to have physical gold and silver and so that means that they can no longer create these paper contracts that control the price of gold and silver in unlimited quantities like they used to be able to if they make them in the the the physical demand is now limiting the quantity of this fractional reserve ponzi scheme and it's going to get worse so we are set up for an explosion in gold and silver prices buy the dip in gold but not stocks say


citigroup's global strategists now to that i would i would say but not stocks bonds or real estate now farmland is not in a bubble but uh in most most please places residential real estate is in a bubble not in all places but in most uh so moving along ronan manley of bullionstar says planned in advance by central banks a 2020 system reset well i believe it's going to be b2 somewhere between 2021 and 2023 i don't think it's coming in 2020. uh we don't have that much of the year left


and if you watch the uh uh video on digital government currencies uh crypto central bank currencies the cryptocryptic fedcoin uh and the digital wallets that we're going to be getting those need to be in place before this system the meltdown and the system reset but this is a very good article with a lot of information in it and as you go through the article from frankfurt to vienna so this is germany's bundesbank announced in 2013 that they were going to move nearly 700 tons of gold from the new


york fed and the uh and france's central bank uh and here are the dates by 2020 uh and then it says to this end the bonus bank has planned a phased uh relocation of 300 tons of gold from the new york fed to frankfurt as well as an additional 374 tons from paris to frankfurt by 2020. so it's this repetition of 2020 but they actually want to be ahead of the crisis they don't want to time it exactly with the crisis i do believe it's coming after 2020. uh then um the uh the austria's


central bank uh announced on in 2015 that they would be repatriating their gold by 2020 the 2020 gold storage policy by the year 2020. it says so 2020 is a very uh prominent thing uh the dutch the dutch jumped the gun in secret and so this is the netherlands uh uh central bank the dutch central bank and they um in uh october and november of 2014 secretly secretively repatriated 122.5 tons of gold from the new york fed to amsterdam and what's important here is then on april 19 april of 2019 they put this on their website gold is


the anchor of trust for the financial system if the system collapses collapses the gold stock can serve as a basis to build it up again gold boasters bolsters confidence in the stability of the central bank's balance sheet and creates a sense of security moving on uh further down the article poland and hungary follow suit and here uh poland um bought 100 tons of gold uh you know it says at the bank of england so it's uh you know this is these are central bank purchases so they bought 100 tons of gold and


promptly flew all of it back to warsaw and here they say that while gold has a confidence-building effect in normal times it can play a role in stabilizing and defending it is also a benefit in extreme market environments deeper geopolitical crises and structural changes in the international financial system structural changes in the international financial system that's what comes when they redesign a system after it begins to fall apart or completely collapses sorry i'm laughing so the


reset trigger is right there this is what they're using as the reset trigger um foremost former central banker the world is heading towards a new monetary system that incorporates gold and this is from the former head of banking operations at the central bank of finland um now i've been uh i've had seminars and presentations since 2009 i started giving my presentations on the death of the global dollar standard so it's been a decade-long german journey i discovered that every 30 to 40


years the world had a new monetary system back in 2005. so i've been watching this thing coming like a freight train getting bigger and bigger and bigger and it's close and you don't want it to run over you because in this i'll show you wealth will be transferred either toward you or away from you and it's up to you uh so this is uh at fiscal.treasury.gov and this is the official website of the united states government it's their gold report the status on u.s government gold reserve and if you


scroll down there's this somewhat misleading presentation this table uh the summary of the gold and this is the number of ounces and this is the book value and they've got the totals up here of bullion and coins blanks and miscellaneous and the total amount of gold that the u.s government claims to hold then they've got gold mint held gold and deep storage they've got mint held treasury gold working stock this working stock is the stuff that they make gold eagles gold buffaloes and all


of the other coins that the u.s mint creates that i sell and so this is important because there's something that i can't quite figure out going on here then they've got federal reserve bank held gold uh and this is very misleading the way that they present this uh so it's got the total federal reserve bank held gold at 13 million ounces 13.5 million ounces or 568 million dollars worth at the statutory rate and so the total government gold reserves is this many ounces 261 0.5 uh million ounces and the total


value is 11 billion 41 million 60 thousand i'm going to round there at the statutory rate of 42.2222 per uh fine troy ounce of gold and then at the very bottom there's a footnote the gold reserves held by the department of the treasury is partially remember that partially offset by a liability for gold certificates issued to the federal reserve banks which may be redeemed at any which the treasury may redeem at any time so moving on to the federal reserve's website we've got factors affecting their


reserve balances and the first section here is their assets the thing that the things they hold as assets on their sheets so these are all of their securities mortgage-backed securities and all of the bonds and stuff and then there's their other loans and such and then you get down here and it says gold stock 11 billion 41 million and then it's rounded so you don't get to see what's here but if you remember the us government claims to have a total of 11 billion 41 million 60 000 worth and of that


11 billion 41 million 60 000 worth uh the federal reserve uh has 11 billion 41 million of it so there isn't much left over for us in fact if you deduct the working stock that it's a that's at the mint there's only uh 10 billion 923 million of gold available that's government gold that is not working stock that they actually make coins out of and stuff and then if you go down here the currency in circulation is um is uh 2 trillion 29 billion or 20 i should say just 30 billion i


should round that so what is it if if we have a collapse what is it that they have to back to give the currencies confidence well what they really have to back they don't have to back the bank reserves that much the banks that this this currency never leaves the federal reserve it's federal reserve uh currency dollars that they create that are digital dollars that float around back and forth and slosh between the different commercial banks accounts that are at the federal reserve they never


leave the federal reserve these dollars go out into circulation and they're all over the world there's two trillion of them to give confidence in the u.s dollar you would have to back these now many people think it would be a fractional reserve type of thing where they back them 40 percent by gold or something like that maybe so but right now if you take uh the amount of gold that that the federal reserve has gold notes on and you you divide that into the uh amount of currency in circulation you


get almost eight thousand dollars an ounce today and they are not going to stop printing this so maybe that video where i show you the echoes of the past if it continues to history repeat for the echo to have a lot of fidelity then in 2023 with the 11 250 dollar gold perhaps this has has kept on soaring uh and it will and so uh maybe that thing is i don't know you know uh nobody knows this stuff all i know is the direction we're heading the direction we're heading is very bad for anybody that doesn't hold precious


metals i believe and that's the reason i hold them now christine lagarde plans for a digital euro as alternative to cash the european central bank boss says that it could be quick safe and modern if notes and coins were to fall out of use to fall out of use so uh you know we're just gonna accidentally stop using them no what's going to happen is they'll get these digital wallets in place they're going to do all of this stimulus into these digital wallets and then there's going to be certain


things that you can only do with the digital wallets like pay your taxes will be deducted out of your digital wallets and then there will come a time when they will ban cash it will be illegal a digital version of the euro could be on the way as the european central bank sets out its plans for a potential new form of currency and believe me it is coming uh you know back in uh 2011 we posted this video on the website and i showed my presentation on the death of the global dollar standard and every 30 to 40 years we had had a


new monetary system then uh so 30 to 40 years for the classical gold standard germany started it it took about 10 years or more for most of the other countries to get on board so it didn't really become a global standard right away uh 30 years for the gold exchange standard that was the intro war standard that was uh 40 backed by gold roughly 28 years for the bretton woods system which would had fallen in the u.s down to just eight percent gold backing and then uh 39 years plus but this was given a decade ago it's now


49 years plus the uh august 15th of uh this year was the uh 49th birthday of the global dollar standard will it make it to 50 will it make it to august 15 2021 i have no idea i would love more time to get prepared because this is going to be a calamitous event no matter what we do so here you had baby steps from gold so uh the common man did not feel these transitions they weren't even aware of it it was the central banks any international banks and any international corporations of which there were few at


the beginning of the last century and uh there were you know there were significant amount in 1971 but this is from full gold backing to 40 percent gold backing down to an unspecified gold backing that fell very low to no gold backing and now we're about to go from nothing to something and this will create a an economic global financial convulsion like the world has never seen and there will be a tr wealth transfer and everybody will participate you do not have a choice your only choice is are you going to


have the wealth transferred toward you or away from you it's all up to you and lastly i do want to say go and watch this this video here this is the top 10 reasons i buy gold and silver it's reason number two now this is a countdown from 10 down to the most important reason number one reason number one number eight was there's a new world monetary system coming soon or something like that there's a new world monetary system on its way and uh so i've been pretty confident that all of this


was going to happen i've been confident for the last decade i've never changed my tune it's going to happen and it's really getting close now if you watch just this one all you have to do is watch two minutes and 20 seconds of it this adds it all up it's all happening at once and this time it's global this time we have uh bubbles everywhere on the planet in stocks bonds and real estate uh this time we have countries printing their currencies into oblivion this time we have the batman wuflu uh


you know this time we've got economic uh we've got global lockdowns that are slowing the global economic growth this time everything is converging all at once this didn't happen in the 1970s bull market uh that you know we didn't have in the 1970s bull market it gold peaked in 1980 and that was uh after 1971 released gold when we transitioned from bretton woods to the global dollar standard released it from the uh shackles and chains of being part of the monetary system and so its price floated basically they


were releasing the dollar so the dollar sank and uh all currencies are sinking compared to gold and silver this will continue the wealth transfer will be huge you don't have a choice you're going to be part of it you know i'm protecting myself what you do is up to you i hope this video gave you some information to where you're going to protect yourself and i wish everybody the best of luck thank you for watching we'll see you next time