http://robertlterrell.com/2009/05/new-thinking-major-reforms-and-urgent-action-needed-asap/ A photo journey of social, political, economic and human rights in today's society Mon, 05 Apr 2010 09:06:18 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://robertlterrell.com/2009/05/new-thinking-major-reforms-and-urgent-action-needed-asap/comment-page-1/#comment-36 insurance Tue, 02 Mar 2010 16:17:49 +0000 http://www.robertlterrell.com/blog/?p=1121#comment-36 I had a family member that worked as a senior member of the IMF. (International Monetary Fund). They only accept payment from member countries in GOLD. They do not accept payment in local currencies. They only exchange gold for local currencies in order to fend off a local banking crisis. You can google this. The big banking boys know what real wealth preservation is. They setup their own safeguards to include a gold reserve, not a paper reserve. China, India and the US are huge gold holders. They don't liquidate Fort Knox to pay federal debt, they just whip up a new batch of paper. I had a family member that worked as a senior member of the IMF. (International Monetary Fund). They only accept payment from member countries in GOLD. They do not accept payment in local currencies. They only exchange gold for local currencies in order to fend off a local banking crisis. You can google this. The big banking boys know what real wealth preservation is. They setup their own safeguards to include a gold reserve, not a paper reserve. China, India and the US are huge gold holders. They don’t liquidate Fort Knox to pay federal debt, they just whip up a new batch of paper.

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