French President Emmanuel Macron, whose poll numbers are abysmal and needs a sincere shot in the arm, just gave away the plot with his outside voice. I’ve noticed this trend within The Davos Crowd in recent months, speaking with their outside voice what they only ever talk about internally.
That plot, by the way, is to transfer power over the global money supply to the International Monetary Fund (IMF) by eventually doing away with individual central banks.
To that end Macron’s latest proposal is to bailout Africa because COVID by coordinating $100 billion in gold sales of national reserves of the G-7. Who would they sell that gold to? The IMF. That money can then be distributed by the IMF, expanding the supply of SDRs — Special Drawing Rights — using the gold as collateral for the development loans.
He’s talking about $100 billion here. That’s around 1600 tonnes of gold at current prices. 32150.7 ounces/tonne x $1900 per ounce. $0.06109 billion per tonne. 1610 tonnes of gold.
Now, interestingly, a reader on Twitter put a lot of pieces together with this, saying, in effect that this is the humanitarian cover story for the upcoming liquidation of Italy.
Having spoken with the Mittdolcino.com, an Italian blog with a similar mission, it is well understood within Italian circles that his liquidation of Italy is well underway and Mario Draghi was put in power to effect this.
Italy, officially, has 2450 tonnes of gold, give or take. Macron can ask them to pony up because they owe at least that much to the ECB and Germany through TARGET2. Draghi has already made it explicit that there will be no Italeave without paying that debt…
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