- The Petrodollar is collapsing. Trump is returning America to the Gold Standard. Nations around the world are abandoning the US dollar and US Treasury and turning to gold. I believe Trump has struck a deal with the Illuminist banksters: “You let me implement the gold standard and I’ll let you live!”. He will nationalize the Federal Reserve IMO.
- For Trump to back a new “Republic” (or Treasury) dollar with gold, he needs to revalue the price of gold to at least US$10,000/oz. For him to wipe off the current US$22 Trillion of US debts, gold will go even higher. I believe Trump will implement a Debt Jubilee and reboot/reset the US economy.
- Gold Surges After Trump Nominates Gold Standard Advocate Judy Shelton To Fed Board
by Tyler Durden, https://www.zerohedge.com/
After several unsuccessful attempts to put his preferred candidates on the Fed’s board, moments ago Donald Trump announced that he intends to nominate Christopher Waller, who is currently the Executive VP and Director of Research, at the St. Louis Fed, to the board of the Federal Reserve. Prior to his current position, Christopher served as a professor and Chair of Economics at Notre Dame.
For those who haven’t heard of Waller before, it’s hardly a shock: it appears to be his intention to keep a low profile.…
However, the reason why gold is spiking after hours, is that shortly after tweeting the Waller nomination, Trump also confirmed the previously rumored nomination of Judy Shelton to the Fed board:
I am pleased to announce that it is my intention to nominate Judy Shelton, Ph. D., U.S. Executive Dir, European Bank of Reconstruction & Development to be on the board of the Federal Reserve Judy is a Founding Member of the board of directors of Empower America and has served on the board of directors of Hilton Hotels.