{"id":48975,"date":"2019-10-13T17:32:36","date_gmt":"2019-10-13T22:32:36","guid":{"rendered":"https:\/\/olduvai.ca\/?p=48975"},"modified":"2019-10-13T17:32:42","modified_gmt":"2019-10-13T22:32:42","slug":"central-bank-issues-stunning-warning-if-the-entire-system-collapses-gold-will-be-needed-to-start-over","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=48975","title":{"rendered":"Central Bank Issues Stunning Warning: “If The Entire System Collapses, Gold Will Be Needed To Start Over”"},"content":{"rendered":"\n

Central Bank Issues Stunning Warning: “If The Entire System Collapses, Gold Will Be Needed To Start Over”<\/a><\/h3>\n\n\n\n

It’s not just “tinfoil blogs” who (for the past 11 years<\/a>) have been warning that a monetary reset is inevitable and the only viable fallback option once trust and faith in fiat is lost, is a gold standard (something which even Mark Carney hinted at recently<\/a>): central banks are joining the doom parade now too.<\/p>\n\n\n\n

An article published by the De Nederlandsche Bank (DNB), or Dutch Central Bank, has shocked many with its claim that “if the entire system collapses, the gold stock provides a collateral to start over.”<\/strong><\/p>\n\n\n\n

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Wow

Dutch National Bank goes ‘Big Reset’:

‘Aandelen, obligaties en ander waardepapier: aan alles zit een risico [..] Als het hele systeem instort, biedt de goudvoorraad een onderpand om opnieuw te beginnen. Goud geeft vertrouwen in de kracht van de balans van de centrale bank’.<\/p>\n\n\n\n

\"View<\/a><\/figure>\n\n\n\n
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While gloomy predictions of a monetary reset are hardly new, they have traditionally been relegated to the fringe of mainstream financial thought – after all, as Mario Draghi stated on several occasions in recent years, the mere contemplation of a “doomsday scenario” is enough to create the self-fulfilling prophecy which materializes it. As such, it is stunning to see a mainstream financial institution open up about the superior value of limited supply, non-fiat, sound money <\/strong>assets. It is also hypocritical given the diametrically opposed Keynesian practices regularly engaged in by central banks and official institutions worldwide: after all, just a few months back, the IMF published a paper <\/a>bashing Germany’s adoption of the gold standard in the 1870s as the catalyst for instability in the global monetary system.<\/p>\n\n\n\n

Fast forward to today, when the Dutch Central Bank is admitting not only did gold not destabilize the monetary system, but it will be its only savior when everything crashes.<\/p>\n\n\n\n

\u00a0\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

Central Bank Issues Stunning Warning: “If The Entire System Collapses, Gold Will Be Needed To Start Over” It’s not just “tinfoil blogs” who (for the past 11 years) have been warning that a monetary reset is inevitable and the only viable fallback option once trust and faith in fiat is lost, is a gold standard (something […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[61,122,309,374,2070],"class_list":["post-48975","post","type-post","status-publish","format-standard","hentry","category-economics","tag-banking","tag-central-bank","tag-fiat-currency","tag-gold","tag-monetary-reset"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48975"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48975\/revisions"}],"predecessor-version":[{"id":48976,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48975\/revisions\/48976"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}