From AbundantHope.net

David Crayford and the ITC
DAVID CRAYFORD …………… AMERICA STILL LIVING IN THEIR FANTASY LAND ……………. PLANNING TO BACK THE US DOLLAR WITH GOLD ……….
By DAVID CRAYFORD
Apr 6, 2018 - 12:49:02 AM

 

DAVID CRAYFORD ............... AMERICA STILL LIVING IN THEIR FANTASY LAND ................ PLANNING TO BACK THE US DOLLAR WITH GOLD ..........

............ WHAT GOLD ???????? ............ BECAUSE AMERICA HASN'T GOT SUFFICIENT GOLD TO BACK THE NATIONAL US DOLLAR, LET ALONE THE NATIONAL AND INTERNATIONAL US DOLLAR ............. UNLESS THEY USE THE GOLD PLATED TUNGSTEN BARS STORED IN FORT KNOX ............


And they, sure as hell is hell, haven't got the permission or authority to utilise gold from the Global Debt Facility. FACT

Received just two days ago is the HR 5404 document below (Note: This document was Certified by Superintendent of Documents, and extremely difficult to copy over, or from. Addition by KD... https://www.congress.gov/bill/115th-congress/house-bill/5404/text

I


115TH CONGRESS
2D SESSION

To define the dollar as a fixed weight of gold.


IN THE HOUSE OF REPRESENTATIVES

MARCH 22, 2018

Mr. MOONEY of West Virginia introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To define the dollar as a fixed weight of gold.

1 Be it enacted by the Senate and House of Representa-

2 tives of the United States of America in Congress assembled,

3 SECTION 1. FINDINGS.

4 Congress finds the following:

5 (1) The United States dollar has lost 30 per-

6 cent of its purchasing power since 2000, and 96 per-

7 cent of its purchasing power since the end of the

8 gold standard in 1913.

9 (2) Under the Federal Reserve's 2 percent in-

10 flation objective, the dollar loses half of its pur-


  1. chasing power every generation, or 35 years.






2

1 (3) American families need long-term price sta-

2 bility to meet their household spending needs, save

3 money, and plan for retirement.

4 (4) The Federal Reserve policy of long-term in-

5 flation has made American manufacturing uncom-

6 petitive, raising the cost of United States manufac-

7 tured goods by more than 40 percent since 2000,

8 compared to less than 20 percent in Germany and

9 France.

10 (5) Between 2000 and 2010, United States

11 manufacturing employment shrunk by one-third

12 after holding steady for 30 years at nearly

13 20,000,000 jobs.

14 (6) The American economy needs a stable dol-

15 lar, fixed exchange rates, and money supply con-

16 trolled by the market not the government.

17 (7) The gold standard puts control of the

18 money supply with the market instead of the Fed-

19 eral Reserve.

20 (8) The gold standard means legal tender de-

21 fined by and convertible into a certain quantity of

22 gold.

23 (9) Under the gold standard through 1913 the

24 United States economy grew at an annual average of

  • HR 5404 IH




3

1 four percent, one-third larger than the growth rate

2 since then and twice the level since 2000.

3 (10) The international gold exchange standard

4 from 1914 to 1971 did not provide for a United

5 States dollar convertible into gold, and therefore

6 helped cause the Great Depression and stagflation.

7 (11) The Federal Reserve's trickle down policy

8 of expanding the money supply with no demand for

9 it has enriched the owners of financial assets but en-

10 dangered the jobs, wages, and savings of blue collar

11 workers.

12 (12) Restoring American middle-class pros-

13 perity requires change in monetary policy authorized

14 to Congress in Article I, Section 8, Clause 5 of the

15 Constitution.



16 SEC. 2. DEFINE THE DOLLAR IN TERMS OF GOLD.

17 Effective 30 months after the date of enactment of

18 this Act-

19 (1) the Secretary of the Treasury (in this Act

20 referred to as the ‘‘Secretary'') shall define the dol-

21 lar in terms of a fixed weight of gold, based on that

22 day's closing market price of gold; and

23 (2) Federal Reserve Banks shall make Federal

24 Reserve notes exchangeable with gold at the statu-

25 tory gold definition of the dollar.

  • HR 5404 IH




4

1 SEC. 3. DISCLOSURE OF HOLDING.

2 During the 30-month period following the date of en-

3 actment of this Act, the United States Government shall

4 take timely and reasonable steps to disclose all of its hold-

5 ings of gold, together with a contemporaneous report of

6 any United States governmental purchases or sales, thus

7 enhancing the ability of the market and of market partici-

8 pants to arrive at the fixed dollar-gold parity in an orderly

9 fashion.

Æ

The only way for this bill to move forward and become reality is for America to steal more Gold from the Global Debt Facility, and they are trying very hard to do that with in excess of over 4,500 mercenaries (Former Military and Intelligence operatives) in the Philippines right now, and some in Indonesia.

It appears to me that America is in a "Damage Limitation" mode, and at the same time creating far more damage than that which they have so far.

American credibility throughout the world has dramatically diminished within the last 40 - 50 years, and it is still going down.

Let's just take a look at another factor. In Aug 1971 the Gold Standard was removed by President Richard Nixon, and no one could understand why. There were effectively two reasons for the removal of the Gold Standard:-

i).America had no gold left to pay its debts, or pay the "Calls" against the US Dollar to be redeemed in Gold.

ii).A "fiat" US Dollar would allow America to increase the number of US Dollars in circulation, both Nationally and Internationally, to support growth and increased international trade. By introducing the "Fiat" US Dollar, America conveniently avoided doing what President Kennedy attempted to do in 1963 which was allocating Gold of the Global Debt Facility, with the now legally voided Green Hilton Treaty between America and President Soekarno as Master Holder of the Gold secreted away in Indonesia; which in turn would see more Gold Backed US Dollars in circulation thus increasing growth and international trade.

The US did not want to be beholding to The Global Debt Facility. It already has thousands of Billions in Debt to The Global Debt Facility. Instead the US has stolen anything and everything to get their hands on ever since 1920, irrespective of who owns it, and then quietly using the stolen assets in different schemes that show America to be the richest and strongest nation of the world. In fact, that latter statement is actually the opposite to the real situation whereby America has always lived off the backs of others with total impunity.

America has no financial discipline and never has had. Stumbling from one financial disaster to another, to another, and another, on a continuous basis.

After 1971, America started to link the US Dollar to oil, which started yet another problem, being it hadn't got enough oil for the amount of US Dollars in circulation. Then they started wars with countries such as Iraq, Syria, Libya, because those countries, all with substantial quantities of oil and oil reserves, would not fall in line with American financial policy, nor did they desire to be controlled by the Federal Reserve.

Just one disaster after another, and America does not even appear to realise it. Instead they just "Carry on Regardless" and to hell with the rest of the world, and with that policy they are making more and more enemies each and every year.

It doesn't matter what they try, and most of it is illegal anyhow, they will always fail and throw the whole world into disarray.

The US Dollar is very much over-rated and over-valued, based upon lies and market manipulation, and whilst that manipulation factor exists, with fancy names apportioned to such schemes which no one understands, the US wrongly maintains its international strength, at the expense of all other countries.

Furthermore, America uses its position of the US Dollar being the International Reserve Currency to its political advantage over many countries of the world, enacting laws that actually trap innocent people into the realm of Bribery, Corruption, Fraud, etc. followed by Extradition Orders, or Military action, which eventually lead to the silencing of any opposition, exposure, even counter actions, especially from the more known persons like Sadam Hussein - Iraq, Muammar Gaddafi - Libya, Bassar El Assad - Syria, Ferdinand Marcos - Philippines, Kusno Sosrodiharjo Soekarno - Indonesia, Dr. Ray Dam - ITC, Palavi - Shah of Iran, and many other not so well known internationally.

Back to the subject matter of American Gold. The claimed quantity of American Gold has been questioned many times over the last 25 - 30 years, with many people of high rank having access to Fort Knox stating "there is no Gold there at all". Suddenly, America have over 7,000 MT, so is it Gold Plated Tungsten, as the Chinese found out about 2 -3 years ago, or, is it stolen Gold from The Global Debt Facility, or it is just a simple case of Lies and Deceit all over again?
Anything was possible, including criminal actions of the most enormous magnitude during the Bush, Clinton, and Obama regimes.

It may be that all three of the above are applicable but no one will ever know unless a full audit is undertaken as well as testing each and every bar for purity, and that, dear readers, is, unfortunately, not going to happen any time soon.

Eventually the truth will be exposed, as it always does, because lies do not last forever and such lies eventually become exposed for what they really are, just lies. Then and only then will the world realise how it has been continuously conned by America, time and time again, and the world will at least start to regain common sense and decency.

Regards

David P. Crayford.


 


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