Written by Avery B. Goodman
Some folks were skeptical when I said President-Elect Donald J. Trump is going to be a gold-friendly President. In my article, “Understanding Elections, Gold & The US Dollar Via Market Manipulation“, published on November 22, 2016, I suggested that the banksters now expect their access to the US gold reserve to be cut off. Many patriots are disgusted by the corruption at the US Treasury and Federal Reserve, but have been downtrodden for so long, they find it hard to believe that things are finally about to change. But, they are!
Yesterday, our incoming President met with John Allison, previously CEO of BB&T Bank and, more recently, President and CEO of the Libertarian think tank known as the Cato Institute. Like myself and other believers in honest money, he is a strong believer in the idea of reinstituting the gold standard. For example, in a piece published in the Cato Journal in 2014 he wrote, and I quote:
“We need a private, free-banking system based on a market standard such as gold. If the United States had continued with the classical gold standard instead of having instituted a government money monopoly in 1913, we would have learned through experimentation, as all markets do, and would have a radically better financial system and higher economic growth today.”
These are not the words of a corrupt bankster but, rather, of a true banker and patriot. They are music to my ears, and will be music for millions of Americans who have suffered for more than a century, under the tyranny of corrupt financial players. The banksters have ruined our economy and our social cohesion. The excretion of dishonest money (ie: paper & electronic dollars, euros, and pounds), controlled by no fixed standard, has triggered repeated booms and busts, allowing the well-connected banksters to profit while the rest of the population suffers. Allison further wrote:
“Second, I would get rid of the Federal Reserve because the volatility in the economy is primarily caused by the Fed. Sound money matters. When the Fed is radically changing the money supply, distorting interest rates, and overregulating the financial sector, it makes rational economic calculation difficult. Markets do form bubbles, but the Fed makes them worse.”
The fact that the President-elect is meeting with him doesn’t mean he is going to get the appointment. Nor does it mean that that the USA is headed to a gold standard. Remember, a large part of our gold is probably already gone. It has been pissed away by the current administration as described in my previous article. However, the mere fact that Mr. Allison is being given serious consideration for appointment as U.S. Treasury Secretary provides a deep insight as to how the incoming Trump administration views gold. Does anyone still doubt that the bankster’s access to America’s gold reserves is about to end?