Dr. Joseph P. Farrell
December 16, 2019

There’s a very strange article over at Zero Hedge that was brought to my attention by C.J.D.M. – to whom a big thank you – that raises a number of very large questions. You can file this one under “more missing money,” only here there’s a slight indication of where it’s gone missing, and that, we we’ll see in my high octane speculation, is the problem. Here’s the article:

Hundreds Of Billions In Gold And Cash Are Quietly Disappearing

The first little bomb dropped in this article is the following:

And another remarkable observation, or rather lack thereof: “One can see that since the end of 2016 the implied build in non-transparent gold investment has been much larger than the build in visible gold ETFs (see Exhibit 18). This is consistent with reports that vault demand globally is surging. Political risks, in our view, help explain this because if an individual is trying to minimize the risks of sanctions or wealth taxes, then buying physical gold bars and storing them in a vault, where it is more difficult for governments to reach them, makes sense. Finally, this build can also reflect hedges by global high net worth individuals against tail economic and political risk scenarios in which they do not want to have any financial entity intermediating their gold positions due to the counterparty credit risk involved.”

In other words, Goldman points out that just over the past three years, there have been tens of billions in gold flows which have mysteriously and inexplicably disappeared from the official record, yet which are most certainly taking place behind the scenes as the world’s “top 1%” brace for a major shock.

There you have it: more missing gold. But then another little bomb is dropped; not only has gold gone missing in lots of private buying, with the implication that it’s being hoarded, cash itself – paper money – is being hoarded:

We do know one thing: of the $1.7 trillion in US dollars in cash circulation in 2018 (up from $1.2 trillion 5 years prior), the vast majority is offshore, where it is quickly and quietly disappears as the world’s second best physical store of value (after gold of course). A Fed economist, Ruth Judson, wrote in 2017 that about 60% of all U.S. currency, and about 75% of $100 bills, had left the country by the end of 2016 — for a total of about $900 billion in U.S. dollars kept overseas. Socking those bills away “provides some protection against economic turmoil, especially in countries with a record of instability in their own financial systems”, the paper said.

Take Australia: there the stock of Australian bank notes on issue relative to the size of the economy is near the highest it has been in 50 years, said Philip Lowe, governor of Australia’s central bank: “He showed off newly printed bank notes to diners at a recent event in Melbourne and estimated that about $2,000 in printed bills exists for every Australian.” And just to inspire confidence in his own job, he added: “I, for one, don’t have anywhere near that amount” on hand. In a few years, he will wish he did.

To be sure, there is the criminal element: as anyone who has watched a documentary on Pablo Escobar knows the Colombian drug kingpin buried tens of billions in the ground for “safe keeping” (in fact, as “The Accountant’s Story” writes, “Pablo was earning so much that each year we would write off 10% of the money, or about $2.1 billion, because the rats would eat it in storage or it would be damaged by water or lost“). As such, dollar bills are often vital grease for criminal gangs and tax cheats.

Physical cash is also popular with preppers and “collectors” who worry about a future collapse of the financial system.

But these two groups are far too small to explain the wholesale loss of cash as central bankers scramble to “follow the money” and glean how society’s saving and spending patterns change in a time of zero and negative interest rates. As the WSJ notes, bankers aren’t just hunting down cash to satisfy their own curiosity. If central banks don’t know how much cash is out there, they could print too much currency and risk inflation.

There you have it: there’s so much missing cash and alleged hoarding of cash going on that’s being done by (1) the criminal underground, (2) ordinary people, especially in countries with fragile economies, that (3) central banks cannot track how much has actually been hoarded and taken out of circulation. Add to this the FASAB 56 regulations that have effectively taken the US federal government budget completely black, and you have…

… a problem.

So consider the following high octane speculation. What the various articles about missing gold and hoarded cash are implying (which the Zero Hedge article states explicitly), is that the central banks are ignorant of significant cash flows. If true, then that means they’ve lost control of the system, or at least significant segments of it. I cannot help but think there’s at least a partial truth here, at least as far as the hoarding goes. Such a loss of control would serve to rationalize the dramatic increase in the last few years of central bank advocacy for widespread introduction of crypto-currencies as a mechanism to reassert control over financial flows and the amount of liquidity in the system. But the flip side of that view is the implication that the central banks are to a certain extent therefore not a part of the problem.  In other words, what we may be looking at with articles like this (and the articles it is based upon), is a limited hangout position: “We don’t know what’s going on nor where all this cash is going, therefore, to maintain stability, we need to introduce crypto-currencies, preferably backed by gold.” Of course, this too is a bit of nonsense, because the whole financial meltdown was largely a problem of central banks and major prime banks and their own reckless speculation and outright fraud – think mortgages, derivative swaps and so on – to begin with.

Having gutted the system, they now want to move into crypto-currencies. It’s a convenient way to cover your tracks.

The problem here is, if one is going to do that, one has to have some accurate idea of how much gold there actually is, and some accurate idea of its assayed purity. And the problem there is, we simply don’t know. So in other words, their solution to the black box of missing and hoarded gold and cash, is to create an even bigger and blacker black box as the solution: crypto-currencies in the control of central banks, backed by gold. How much gold? Well, we really don’t know. We’re simply supposed to trust them.

But since any move to a global crypt0-currency system will by its very nature be a bigger blacker black box, and as a result of the lack of trust in the central banking system, this will only provoke a move on the part of ordinary people to maintain actual physical media of exchange, like cash and bullion. In other words, the hoarding being detailed in the articles might be interpreted as pre-emptive moves precisely against the emerging central bank plans to move to crypto-currencies. Such a move makes sense on their part, for it allows them to keep a vast hidden system of liquidity and finance firmly under their control. The real question now is whether or not the other players – the intelligence agencies, the criminal undergrounds, and even ordinary people – will allow them to do that.

See you on the flip side…

Read More @ GizaDeathStar.com


About Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and “strange stuff”. His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into “alternative history and science”.

Emotional Bank Accounts: Gold & Silver Vs. Cash | #Friendship | #Friendship #Kindness | #Love | #QualityOfConsciosuness | #PositiveVibes #Positivity

Zy Marquiez
April 11, 2019

Deposits and withdraws within emotional bank accounts have varying degrees.

Just as there’s a difference between the precious metals gold and silver when compared to cash (federal reserve notes), there’s a significant difference between normal every-day acts of kindness and more significant ones.

Gold and Silver are tangible assets.  Cash is merely federal reserve notes.  The main difference is that the former asset is tangible, while the latter is merely the facsimile of it.  In the same way that gold and silver vis a vis cash are on separate levels, some normal every-day acts individuals undertake for people juxtaposed with more significant acts are on separate tiers.

For instance, saying hello to someone, smiling, opening a door for someone, doing a small favor, are all actions that contribute positively to an individual’s emotional bank account.  However, these acts are not the same as someone changing your tire, helping you move, someone baling you out of trouble, doing a big favor, lending an ear in a time of need, etc.  It’s clear these examples rank differently across the spectrum [1].  How noteworthy an action is, along with how much a person appreciates the act dictate how significant that act is as an emotional deposit.

The point is that relationships build upon trust, actions, time, history and other factors, and those factors outline the parameters of why we hold certain friends in higher standards than others.  That’s why one could argue there’s a difference between people being friends, good friends, great friends and best friends.  Another argument could be made that, as one goes up in tiers, one ‘kind of’ expects (I say this loosely) each higher tier to do more than the lower, IF it all possible [2].

For instance, would you expect a total stranger to do you a small favor?  Maybe, maybe not.  But would you expect a friend to do so?  Probably most of the time.  Equally, would you expect a random friend or acquaintance to drop everything if something significant happened like a family member was in the hospital?  Maybe.  But would you expect one of your best friends to do so if you asked?  More than likely.

In no way am I saying that anybody needs to do anything, simply that there’s a certain expectancy in friendship based on the circumstances and issues we individuals face.  It’s simply people having your ‘back’ so to speak.

Each type of emotional deposit, each type action, builds trust and loyalty.  These factors build relationships, and further solidify what they ultimate become among the above discussed tiers of friendship.

While that might not seem like a big deal, it is incredibly paramount, for society runs on arguably trust more than anything. 

You trust your deposits to be safe in your bank, you trust your food to be safe, you trust your children to be safe in school, you trust media is telling you the truth, and so on.  Every single one of us has a level of trust that is inherent in nigh every interaction we undertake, and yet, paradoxically, trust is nigh never discussed in every day topics.  Ruminate upon that deeply for it has a bearing on how society operates.

As trust between individuals grows, a healthy relationship follows, relationships of myriad types.  And the level of trust between each of these relationships dictates what you expect and what you do not.  That said, everyone is different, and that’s one of the spices of life, variety.

No matter what type of outlook or expectancy an individual has on friendships, there is a significant difference between one act and another, whatever those acts may be.

And just like there are rocks, crystals, gems, diamonds and black pearls in nature, there are individuals that mirror each of those, and with good reason, because that difference matters.  If it didn’t, there wouldn’t be a distinction between strangers and family, between friends and best friends.

That distinction is what life is about: quality human beings [3].

For quality human beings were, are, and always will be a cut above the rest.

No amount of cash, gold, or silver in the world can top that.


[1] An individual’s spectrum under which actions ping on an emotional bank account varies, and sometimes considerably.  My hopes in the above example was simply to note that, even though each individual values different actions differently, there is a point where some actions are of smaller significance when compared to others.

[2] I say ‘kind of’ because what people expect from friendships vary given an individual’s point of view, culture, society, philosophy, spirituality, age, sex, life experience and so on.

[3] Quality human being doesn’t imply perfection of any individual, far from it.  It just means the assemblage of acts an individual undertakes over the course of a lifetime that ultimately end up echoing who you are over the long term. 

Suggested Reading:

Have You Ever Walked On The Moon?
Wings Are Made To Fly, Seeds Are Made To Grow
Consciousness – The Key To Life
Why A Sound Mindset Is Crucial: The Light Side Of Mindset Vs. The Dark Side Of Mindset
Mindset Mindset Mindset!
A Sound Mindset Amidst The Obstacles Of Life
Bruce Lee On Conformity & Open-Mindedness
Mindwaves & Mindfulness
Modern Misteps Meet Mindfulness
How You Deposit A Truckload Of Black Pearls Into An Emotional Bank Account
How Are Your (Emotional) Bank Accounts Doing?
Emotional Bank Accounts: Investing In Yourself
Emotional Bank Accounts: Withdraw Withdraw Withdraw!
Emotional Bank Accounts: Mutual Funds
Emotional Bank Accounts: Deposits & Withdraws
Emotional Bank Accounts: Gems Gems Gems, Babies Everywhere!
Emotional Bank Accounts: I Call Your 7 Cents & Raise You A Dollar
Poker & Life: Pulling The Friend’s Card
Imagination Unleashed
The Inherent Power Of Curiosity
A 7 Cent Investment Into An Emotional Bank Account To Convert A Hater?
What Do You Find Inspiring?
Poker FlashBack: Swimming With Sharks, Swimming With Whales
Imagination Rises Out Of The Jaws Of Defeat
What’s Your Story?
You The Individual Are Author Of Your Own Journey, Of Your Own Destiny
Harry Potter Fans Trash Talk?  Say WHAT?!
Consciously Creating The Road Of Change, The World Of Tomorrow
What Are Your Personal Defaults?
The Opening Salvo, The First Minute
The Seeds Of Today, The World Of Tomorrow
Assumptions Are Mother Of All F@!$ Ups
Piercing Perspectives #1: Taking Things For Granted | Health & Mindset
Piercing Perspectives #2: You The Individual Are Extraordinary
Piercing Perspectives #3: The Divide & Conquer Left Right Paradigm
Piercing Perspectives #4: Poker As A Mirror For Life
The Individual, The Foundation Of Society

If you find value in this information, feel free to share it.  This article is free and open source.  All individuals have permission to republish this article under a Creative Commons license with attribution to Zy Marquiez and  BreakawayIndividual.com

About The Author:

Zy Marquiez is an avid book reviewer, inquirer, an open-minded skeptic, yogi, and freelance writer who aims at empowering individuals while also studying and regularly mirroring subjects like Consciousness, Education, Creativity, The Individual, Ancient History & Ancient Civilizations, Forbidden Archaeology, Big Pharma, Alternative Health, Space, Geoengineering, Social Engineering, Propaganda, and much more.