Ron Giles: What is going to happen to the Gold Standard?

by **Ponee** Wed Apr 15, 2020 12:31 pm

RON GILES

It is absurd to claim that a pile of gold over there gives added value to a nation's currency when in fact, there is no physical tie from the pile of gold to the currency. So how does that pile of gold that can be sold away as a commodity, secure our currency? Is this important? Yes, it is important.

How can I make that pile of gold over there actually give value to the currency? There is a way.

The new Quantum Financial System (QFS) comes with a process that actually ties physical gold to currency by the use of Digital Gold Certificates. How so, you ask?

That pile of Gold over there happens to be located in an energetically secured vault that contains Kilo bricks of registered gold. Meaning that each Kilo has an identifiable serial number on it that identifies it from the others.

That pile of gold in that vault over there (wherever it is) was accumulated by the Chinese Elders over many hundreds of years. It was intended to be used in this time period when the new financial system was to be ushered in to replace the old Central Bank system set up by the Rothschilds.

That old debt system has built-in obsolescence where it will no longer work for society. That time period is now. It is failing and failing fast. The Federal Reserve has been merged with the US Treasury here in the United States to where the Treasury Department Secretary is now in charge of the issuing ofmoney for the Government. The Treasury comes under the Executive Branch and is controlled by President Trump. Trump is the new Fed.

So what is going to happen to the Gold Standard? Is it going to be the same as before? The answer is no. The concept of the Gold Standard to back a currency has no verifiable link to currency except in the new QFS. How so?

As stated above, each identified gold kilo brick has a serial number. The value of the gold brick goes up and down with the present market price as a commodity. Once the Global Currency Reset takes place, the value of each kilo brick is determined by the market value of gold at that snapshot in time. If you divide that value of the brick by the number of dollars it takes to buy it, you have established the value of the increments of the currency that each brick can sustain. That increment is given a digital gold certificate that identifies the increment of currency that links back to the kilo serial number that is used to “back” that increment of currency. Gold backing with this process creates security and thus, TRUST, in the new financial system.

The QFS keeps track of the gold certificates as a digital signature for the increment of currency and can then be transferred as a digital gold certificate from one account to another. Once the QFS is activated the price of gold in the secured vault is set in stone with the result that the value of all currencies will never change in relationship to each other's currency regardless of the fluctuation of the market price of gold.

To facilitate the gold-backed national currencies of the world in the QFS, each increment of currency will have to be on par value with increments of currency for each nation. The gold certificate will keep track of the increments and label them as dollars or pounds or yen, etc. But in reality, the par value of each increment, regardless of the national origin, will be the same. You can see that the QFS gold-backing has nothing to do with the gold reserves of any nation (the Gold Standard). This means that there is no need to verify the gold reserves in a nation because their gold is not used to create value for their currency.

In effect, the accounting system within the QFS will become a worldwide currency repository with the national names of the currency being the only difference between the gold certificates. Doing business internationally or private, is just transferring gold certificates from one QFS account to another QFS account. Is this the precursor to a worldwide currency? May be.

This process within the QFS was agreed upon by all countries of the world at the Paris Accord on Climate Change summit meeting as an adjunct to the meeting. With all nations being represented at the summit, this was the time to set the new financial system in order. It had nothing to do with the climate change agreement, it was separate.

The Alliance is in charge of the QFS process and the activation of the new financial system. My understanding is that the Activation took place a few weeks back and is presently in the transition phase of the implementation. We are the beneficiaries of the new system with its genius way of gold-backing of all the world currencies. It is a much better and more secure system than what we had with the Central Bank system, which should be obvious.

Blessings to all, and to all, be a blessing

Ron Giles