
Jim Rickards is sounding the alarm on what he’s calling the “greatest cover-up in American financial history.” According to Rickards, a $150 trillion “national trust” as he calls it—hidden for over 160 years—could soon be unlocked, thanks to a quiet but pivotal Supreme Court decision.
(www.globenewswire.com)
🧐 Research Wanted 🤔
Paying off the national debt would be a good start, along with eliminating IRS.
Problem is, Congress could easily spend all this in a single term on their typical grift schemes.
To whom are we in "debt" to?
Ourselves.
Well then, I demand my share. $428,571.
And the whole world. US keeps on issuing debt on top of debt internationally as well as to itself.
I genuinely hope the entire structure is under close scrutiny because its ridiculous.
Debt based system. What is a Federal Reserve note besides a promissory note? Oh ya, legal tender dollars. Debts are paid with more debt. Pfft!
And all the while they short the debt itself through constant diluting effect of inflationary note manufacture. The only end result of that is eventual bankruptcy... collapse of the nation itself... or a massive shift away from that system bringing back a strong stable currency once again.
Therefore we pay ourselves back... I like the way you think.
To anyone who owns Treasury Bills.
Fictional negotiable instruments backed by fictional negotiable instruments, issued by fictional corporate entities (USA, Inc. + private Fed) that can be printed into infinity. None of it based on anything "real".
Thus, the "national debt" isn't "real". It's a fiction. And the vast majority of T-BIll holders know this, as they are also in the business of issuing their own fictional negotiable instruments. A giant circle-jerk of epic proportions where we-the-people always end up as the "bag-holders" in relation to those who understand what's really going on.
Some day...soon I hope...the script is gonna flip and the new bag-holders will be all these fictional corporate entities known as "nations" or "states" running the ruse.
All this to say, the "national debt" is not we-the-people's concern, and those not in on the ruse will ultimately be made whole, instead of continuing to be the bag-holders they've been since time immemorial.
How are T bills fictional? Even within a fiat system a contract is a contract.
The entire monetary and legal system's basis is fictional - dead - unreal. All based on "corporations" (orating corpses), i.e. "USA, Inc.". Thus, a fiction can only generate more fictions - fiat currency, U.S. citizens, artificial persons, residents, taxpayers, drivers, defendants, plaintiffs. All fictions.
Gold is money, everything else is credit (debt) - J.P. Morgan.
A real and true contract is based on 6 basic elements, the one missing in the fiat system is "awareness". As in, the brainwashed masses are not aware of the essence of the contract, deliberately withheld by the fictional entity on the other side (USA, Inc. - Federal Reserve). In short, there is not truly a "meeting of the minds". The yield/coupon is not really what it appears to be in relation to inflation (legal theft) and fraudulent CPI figures generated by those on the other side of the contract. It's all an illusion.
We could even go one step further in regards to contracts, by investigating whose "mind" -- like exactly - the mind of another man or woman, are you meeting with? You're not, right? It's your mind on one side, meeting with a fictional entity. Thus, no "meeting of the minds" if you want to be extra strict about the definition of a valid contract. There is no man or woman on the other side that could ever be "in breach of contract" with you. Thus, there's no actual contract, only a fictional one.
The way the legal system makes it work, is they have to turn you, a man/woman into a fictional entity in order to deal with their fictional entity. So "contractually", you are LEGALLY, but unlawfully converted, into something like an "investor" or a "buyer" or "creditor" or "tenant in common" or "lienholder" or "registrant" or "taxpayer", etc. You can be a million fictional things in their contracts, but never a man/woman - something "real".
Effectively, the contract is also a "fictional entity". As in the legal system. As in, Tom Smith, -acting as the honorary judge Smith in the course of a legal proceeding. Tom is a "real man" for most of his life, but when "acting as judge", he is something else - a fictional entity - a BAR judge - a totally made up entity. And in his capacity, he's required to uphold the fictional over the real if the parties involved don't understand how the system works.
And we're not meant to understand any of this. This is their "game". This is the "matrix" in a very real sense.
They could pull the plug on all of it tomorrow and there's not a thing anybody could do about it. FedBux, Treasuries, bonds, etc. all literally just pieces of paper in an instant!
In one sense, that would restore the power to the people and the realm of the "real" in short order. But there would be immense chaos as the masses slowly came to terms with the fictional realm they'd been enmeshed in all their lives.
I understand this but a contract is a contract.
Did each one of us sign the contract for national debt? I didn’t sign anything and if I did as above comment stated who was I making the agreement with?
Between?
Real people cannot contract with corporations. Only corporations can contract with another corporation. Let that sink in.
Corporations are fictional financial entities known as persons. Or vice versa.
https://www.williamsandwilliamslawfirm.com/a-treatise-on-the-word-person
That's the standard line, but it's not really true. Or at least there's a LOT more to the story than that.
First, these "Treasury Bills" aren't from the Treasury, they are from the Fed, which is a distinct entity.
Second, they are Bonds, which means they are "money," which means they don't actually exist. I suppose I should go through that a bit.
Money, as we currently conceive of it, is actually a Federal Reserve Note (FRN). It isn't "US money," it is a FRN. FRNs are "debt instruments," which means, it doesn't actually exist. It is a "promise" that you can get a real asset from future human labor. Both sides of that equation doesn't actually exist. Where does this non-existent thing come from? It is fabricated out of thin air. A Bond (or any "money") is the creation of two things; a debit (Debt), and a credit (Money) They are both worth exactly 0. The debit and the credit together then, also add to 0. No matter how big they are, they are both together exactly zero:
Money = Debt --> Money - Debt = 0.
So it seems like someone is getting something, and someone is losing something. But in reality, nothing has changed hands. There are no assets there. It is just a belief that at some point you might be able to give your non-existent thing to someone else and they will be stupid enough to trade you for it.
To pay off a "debt" then, you would have to give a creditor your "money." But it's a zero sum game, and the Creditor is (in the case of Bonds) the same entity who created the Debt in the first place. To pay off ALL the debt that exists, you would have to pay off ALL the money that exists. The economy would cease to exist (as formed).
I don't think people realize what that means, but here's where it gets interesting. Let's add "interest" to the equation.
Current Debt = Money + Interest
As I said before, all the Money in the world = all the Starting Debt in the world. This means that the Current Debt = Starting Debt + Interest. In other words there isn't enough Money in the world to pay for all the Current Debt. The Interest is residual, in the form of Future Human Labor. The Interest is Future Human Labor that CAN'T be paid off. And that Interest is owned by someone. If "indebted to unpayable Future Human Labor" sounds like slavery, well, maybe that's because it was designed to be.
More formally, through the 14th Amendment, We The People of the United States are, legally speaking, responsible for all the debt, and are thus all Indentured Servants. The Bond on that Indenture is owned by the entities who own the "Treasury Bonds". That Indenture can never be paid.
So some entities own some of our US Bonds, but who owns ALL the Debt?
First, lets look who actually owns the Bonds. Most of those Bonds are owned by the Fed itself; the very entity that created them out of thin air. Most of the others are held (owned, as Trustee) by other Central Banks. But ALL Central Banks in the world are just part of the same, single entity called the Bank of International of Settlements (BIS). So who owns all the Bonds? The One and Only Single Bank In The World, the BIS. Who owns the BIS? That was created by Rockefeller and Rothschild (in 1931 iirc).
Interestingly (as an aside), they created the BIS to pay the Nazis so they could fix the German economy. You see, the German economy was broken, completely fubar. Why were they fubar? Because Rockefeller and his friends broke it through a "reparations" agreement from WWI that they couldn't possible pay for. Of course the BIS became much more powerful after that ("humble" beginnings).
This diatribe doesn't talk about the people who also own a good portion of the Interest (debt) that doesn't come from the Bonds themselves.
Look at the Fed. Who owns the Corporation we call The Fed? That is owned by the banks that hold the stock in the Fed. Who is that? It's banks like JP Morgan Chase, Mellon, Bank of America, and a few others I don't remember off the top of my head (around five of the biggest banks hold 80% of the assets iirc). Of course most of those Banks are all really just the same bank, all owned by the Rockefeller Dynasty Trust, but that's another discussion. The stock holdings from the member banks get 8% per anum (a little less 8% for the largest Banks mentioned, but we'll call it that for now). Since it's been going strong for 112 years, that amounts to a few Trillions (from the last official report that I could find from 1998). All of that money comes from Income Taxes (as does all of the other interest from the Bonds)..
All of those holdings then are a part of the National Debt.
So who are we indebted to?
The people who created the Central Banks, AKA the Rockefeller and Rothschild Dynasty Trusts (or rather, the Trustees of those Trusts).
Very nice concise summary.
15T divided by 150 mil taxpayers is 1 mil each.
That's 150T, not 15T.
Taxpayers/citizens are different than American Nationals.
U.S. Citizens, aka taxpayers, are a lower class with statutory privileges given by the state, while nationals, not taxpayers, are sovereign with inalienable rights given by God.
Everyone is fraudulently duped into tacitly agreeing to be a 14th amendment U.S. Citizen. A status created for the slaves that remained in this country after slavery was abolished.
There is a path to change your status to American National but it is buried neck deep in legalese there are many ways to get sucked back into citizenship if you don’t know better.
Hell, Pelosi could spend the whole thing on booze.
and still have some for ice cream
If the wealth is in the form of minerals, then they have to be extracted and sold in order for a family to recieve the wealth. If the minerals extracted become more available and numerous, the value goes down. If you give everyone in America a million dollars, no one is any wealthier. A dollar is just a claim on a good and no additional goods are produced if dollars are printed, it'll just take more dollars to acquire that good, all else being equal. I wouldn't get too excited by this news. The US may have a competitive advantage over other country's and their available minerals, which is good in the long run. But I don't see any mechanism for an immediate wealth gain for your average joe.
The most likely scenario is the government auctions off the mineral rights to private investors, and the money received from the auction is used to eliminate taxes. No additional money is printed. And as the minerals are mined, new additional goods are created. So the average Joe absolutely does benefit from it immediately in the form of reduced taxes. That's assuming we can keep a corrupt Congress from just spending the inheritance on additional grift.
Ok i 100% agree that this is how it works but can someone explain why if you give everyone one million dollars and everyone just kept their prices the same why it wouldnt work? Why do goods HAVE to cost more just because there are more dollars? Hypothetically If suppliers and retailers all agreed to maintain their prices how would it not work?
Same as printing money and putting into circulation. Inflation rises and price of goods and services increase. Could you imagine everyone gets a million bucks in the mail? People would be spending like crazy and you wouldn’t find a new vehicle or a house so demand skyrockets but supply is not there so prices go up to the moon. The value or purchasing power of the dollar plummets. That’s my simple answer 🤷♂️
I have heard different plans, including the government setting up accounts for citizens. Here’s how it could work and not cause prices to go inflationary. If you need the money from your account right away (to buy a house in one of the new cities to be built, to buy a farm from the ones taken back from Gates & China), or to start a new factory & bring back manufacturing here.
Some anons can start a new university to replace woke ones. Woke attorneys can be replaced with based AI and simplified laws so that attorneys no longer get exorbitant fees. Deflation right there.
For those have your own place, and you don’t need the alll, much, or any from their account right away, the savings account gets held in trust for their benefit for medical emergencies & retirement, or college for family mmbers.
And here’s the freedom element: some will be buy a sports car (if available) and if a million people all want sports cars right away, due to scarcity inflated prices might happen. Freedom of choice. Accounts could be $250k or $350k right away. Pres. Trump is wise. He can give citizens the option to take their full share right away and set forth option b) keep half of that in your savings trust account = —-> grows to $400k in 10 years, $500k in 15, & $699k in 20.
We will have pockets of inflation and deflation. Imagine if only citizens get accounts, 1/3 to half of illegals leave the country, so 15 mill. out of 30 to 45 mill. leave or are made to leave. There will be a lot of empty spaces in big cities, bringing down prices for housing.
Lol because supply and demand. If they all agree to keep the same prices, all the goods would sell out and their would be a shortage, which would allow grifters who saw it coming and hoarded all the goods to charge insane rates, thus raising the prices anyway.
and, from asking Grok, I think the $150T is not very realistic. A few trillion might be.
Maybe this is all part of Trump's plan to cancel income tax. 10% tariffs can bring in $300B/yr. Paying off the ~$36T national debt would save $700B in interest payments every year. The US took in $2.4T in personal taxes last year. Getting rid of waste and fraud and downsizing govt. and bringing mfr'ing and good paying jobs back might make up the difference. If we use this national trust/minerals to pay off the debt or most of it, it could lead to more wealth in investments, business growth and the taxes they pay.
Part of the debt is with[in] the FED to float the FRN disguised as USD.
Reserve currency status has its perks but also its drawback: Perpetual debt. So, there is a necessity to reshaped the global financial system in order to pay it all off, and keep it from recurring again. ...
Yeah. Makes sense. Lease, and have them return the land to pristine condition after it is up. Like I see on the show Gold Rush in the Yukon and Alaska.
Is this national trust in the room with us?
Exactly…. “Trust me, bro!!”
If everyone became an overnight millionaire then who would grow the weed for potheads to indulge upon? Who would make the whiskey for these new millionaires to sip or taste test? Who would drive liberals to work on city busses in the big cities? I see lots of downsides, especially to the lower class of people. They wouldn't know how to spend it, wisely, but that would be their own problem after they pissed their money away on useless pursuits. They can go back to flipping burgers at McDonalds and try to rise to be President of the United States, I guess.
When everyone is a millionaire, no one is
I was just thinking this morning about a line from a very old musical, along the lines of Gilbert and Sullivan "If everybody's somebody? Then no one's anybody!"
You had me until the part about liberals working.
Liberals have to work in order to produce the tripe NPR sends over the airwaves.
"Liberals working." Can't get my mind around that one.
u/#kek
Good post. If there is money to be distributed among the United States Citizens maybe structure it so for every dollar you earn, you receive 5-10 in an account for retirement. A hard working Country is a strong Country. Add yearly bonuses for immediate cash on hand………
You are right. A better answer is to buy back the debt (i.e., discharge all debt obligations) and replace Federal Reserve Notes with gold specie or certificates. In other words, create deflation of lowered prices for everyone.
TLDR: The US has approximately $150T in untapped mineral reserves underground, and for $50 (usually $299 per month or up to $5000 per year), Mr. Rickards will give you his top 5 list of mining companies to invest in to turn $500 into six figures at some point "in the coming decades."
Not this shit again. Been hearing about this for over twenty years now.
'www.globenewswire.com'
ok
Let me guess. This "national trust" will have one beneficiary - the Democrat party?
Is this site the same as YourNewsWire?
I saw something a few years ago on reddit where a woman claimed she discovered she had a fed account number associated with her social security number, with a few extra secret digits, and found she had millions in an account. This is all anecdotal cause I have no proof, but she did show how we all could find out the info. I memory banked it to research later but never did. This extra several trillion might be of that nature each American has a government account created at their birth.
Spaceshot looked into this as well, years ago, and said yes - it's a thing
There is a lot to confiscate from the Cabal here in the US alone monetary-wise too. I’m thinking it’s going to be a mix of everything Trump’s Team claws back.
Now Anons, don’t get your hopes up that suddenly by Christmas or sooner you get a million dollar Fed check please!
The whole NESARA/GESARA has had folks in a financial tissy for years, thinking magic money was going to appear in their account once Trump came into office. Of course the grift sites regarding this still tell people to “Keep Waiting! This next month for sure…!” Yeah, it’s not going to be like that. But if any of this tax and funds claw back or some hidden funds pops up, you may get some funds to invest. Trump wants us ALL AT The Party, not just his rich friends. Trump wants us ALL to be financially stable. So maybe the funds would come as Crypto, or oil and gas stocks or rights, maybe even gold or silver money in some form. All so that we each can smartly have a clear slate choice to be free of debt and invest in our own future, and our children’s, including our Nation.
But I wouldn’t see it being done in a way to allow even Pelosi to blow it all on Booze and Ice Cream haha! I mean you might be some to blow a little, into the economy. Maybe a new car or some clothes. But for the most of “it, there will be some investment hitch, or use hitch for the majority, for investing or future. Like a home improvement grant: you have to show you used the money on home improvements or investing, or you get penalized…… maybe. I’m just guessing.
But I’m not getting my hopes up. I’ve heard to many rich people talk a good game “for all” but have it fall flat, and only the Elites prosper in the end.
Yes I have faith in Trump and his immediate circle, and that he wants to do something wonderful for We The People. But below him are a group that wants him dead and wants to make sure none of the rest of us, EVER, get to go to the Party and celebrate as equals.
If nothing else, trust in Christ. He’ll dine with you and everyone else at a simple backyard BBQ in the hood.
WWG1WGA
That's like saying " here's a million bucks in a stock portfolio, and, oh, by the way, you can never touch it because it's there to make you rich." Then how exactly can we enjoy a million dollar windfall if it just keeps circulating with fat cat wall street bankers? Somehow we will have to get our sticky fingers on it or it means nothing , and crackheads will blow theirs in a month, literally.
Like I said I’m just guessing too, if anything like this will happen. I think it should. My diamonds and your diamonds were stolen financially just like Trump’s election. And sure as sh1t I think each of us should get a chunk back. But how that’ll look is just wishing and guessing until it does or doesn’t happen.
If this is true, we could not only pay off the national debt very easily, but we could solve world hunger and a whole bunch of other problems too. Massive research on curing diseases that don't already have cures that have been hidden from the public, etc.
How is this a coverup? There is easily 150 trillion in minerals. They are buried in the ground. This is no mystery.
"For a small investment ..." sigh.
Spoiler alert: It’s the property value of federal lands including the minerals. This land is made for you and me…. 🎶.
Nothing would change - if everyone's a millionaire then no one is a millionaire!
Is this that NESARA/GESARA thing?
No, he's alluding to potential mineral wealth. He's recommending that we invest in some companies ($50 to find out which ones) that could yield 100x-1,000x returns "in the coming decades" once we strip mine the continental US.
Could this be where it gets baply gets officially revealed that the U.S. Govt is really a corp(se)?
If you are watching a video that is too good to be true, and it won't let you fast-forward, and if you try to leave it attempts to scare you into staying... well you know the rest. Usually videos like this are for some "great" new supplement, or diet.
Sure there are probably a LOT of minerals buried in the US. We aren't getting them. We aren't getting checks any time soon - if ever. If a company has the rights we won't be able to buy shares because they won't sell them until only rich people can afford to buy them. I will say though - we could actually get checks but they won't be a million dollar check. We could conceivably get dividend checks like they do in Alaska. We could get a stimulus quickly, but it would take a LONG time for CONgress to codify dividends, tons of "studies", and we might not ever get a majority vote through the Senate.
If anything happens with any of this, Trump will use it to pay stuff off, fund Social Security and Medicare, and eliminate certain taxes. It would be idiotic to let any of it get out because some dumbasses would end up selling it (or stealing and giving it) to China, or even Russia (like Uranium One).
Wouldn't it be funny if "they" found a big gold deposit, and when they started mining all the gold comes out in bars that have serial numbers on them and say "Fort Knox"?
From the article: "If Jimmy Carter… Bill Clinton… Obama or Biden tapped into it? They would have unleashed a socialist nightmare and destroyed this country.”
So... how exactly would this have "unleashed a socialist nightmare"? I don't see the connection with a wealthy society of Americans and a 'socialist nightmare.' Anyone?
He's saying that those Presidents would have blown the money on big government social programs. Instead of paying off the debt or returning the money to tax payers.
That's one interpretation, but it is directly opposite the interpretation below from "killerspacerobot."
Everybody has lots of money to spend...and no incentive to earn any. Massive inflation. Like the human body on a giant sugar rush, with the insulin shock yet to come.
See above, same reply.