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Jan. 23, 2024 - Health Ranger - Mike Adams
55:02
The Great Taking creator David Webb talks to Mike Adams about the coming financial COLLAPSE...
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Welcome to today's interview on Brighttown.com.
You're going to love this one because we have with us first-time guest David Webb.
He's the creator of The Great Taking.
That's his website, thegreattaking.com, where he has a free-to-view documentary and a book download there that I consider must-read, must-watch information.
Because what he's about to lay out for you here today should be absolutely shocking, not only for anybody watching, but for the history of what it means to have ownership and property and money.
I mean, the history is about to change in ways, well, it's actually already sort of been put in motion in ways that most people can't grasp.
So welcome, David Webb, to the show today.
It's an honor to have you on.
I'm a big fan of the work that you just put out.
Everybody needs to see it, but it's great to have you here.
Thank you for having me.
Well, again, I'm honored to have you on.
You're a former hedge fund manager and a financial analyst.
You want to give us, let's start with kind of a summary breakdown of what is the great taking?
Why should people pay attention?
Okay.
Well, what has happened, there's a sleight of hand that has been implemented over decades to Subvert property rights to securities and to allow collateral stocks and bonds to be taken on a large scale basis globally.
So for 400 years, securities were personal property.
And this has now been subverted.
This has been replaced with a new legal concept of a security entitlement.
And what that has done is to...
Sorry, my dog is bothering me while I'm doing this.
What that has done is to convert the property right into a contractual claim, which gives it a very weak...
position in the event of insolvency, in the event of bankruptcy.
And then things that were not property, things that were contractual claims, derivative instruments Which are contracts that would not have had a strong position in bankruptcy.
These secured creditors behind these derivative contracts have been given a super priority claim to the underlying collateral.
Wow.
So it seems like...
The system has been quietly rigged to favor the bankers and screw the people, if I could just put it bluntly.
Absolutely.
It's a very sophisticated subterfuge that has been put in place.
So this began in the 1960s, really, with steps to Dematerialize securities to do away with paper securities.
And that was a precondition for severing the property rights.
Then this securities entitlement was created.
This concept was created in 1994 and implemented in the Uniform Commercial Code in the United States in all 50 states.
It took some time for that to be put into state law in all 50 states.
And what this does...
Well, we know about this irrefutably through a response that the Federal Reserve gave to something called the Legal Certainty Group, which was operating in Europe.
So this structure was first put in place in the U.S. Then Europe was pressured to conform to this.
This was happening essentially after the dot-com bust.
This goes back a ways.
This legal certainty group, what they meant by legal certainty, that sounds good, but what they meant by that is making it legally certain that the underlying collateral can be taken by the secured creditors without judicial review.
So they were going through a process in Europe to figure out how to make that happen legally in Europe in conformance with This U.S. model.
So the legal certainty group sent a questionnaire to the Federal Reserve saying, show us how to do this.
And we have that detailed response.
It's so important historically.
And in terms of helping people understand that this is real, I included it as an appendix to the book in full.
And the book can be just downloaded from your website, right?
He downloaded free.
It really has gone viral globally.
Oh, yeah.
I've heard so many people talking about it.
But in a practical sense, I want to translate this to our audience because so far, if this is the first time they're hearing about this, they don't yet understand what's about to happen.
So when the banking system begins to suffer more failures, Then if you think you own these instruments of assets, stocks and bonds and perhaps treasuries and whatever, or derivatives, it turns out you don't own them.
Well, ownership has been replaced with this entitlement, which is also called beneficial ownership.
Now, you'll find this term used in some of your documents relating to your accounts, beneficial ownership.
And it sounds good, but it's really just an appearance of ownership, where you receive dividends, you get a proxy statement.
Of course, you can buy and sell it and have a gain or loss on it.
But that is distinct from legal ownership.
It goes with the use of that security as collateral.
So when the public, including all pension funds throughout the entire system, it is an appearance of ownership.
So let me try to explain how this subterfuge works.
All securities are, and we know this from the Fed response, all securities are held in pooled form.
They're held in book entry, Electronic, you know, registration of ownership, but they're held in these vast pools of securities.
And the custodians, the financial system, has unlimited use, without restriction, of these pooled securities as collateral.
And They simply refer to this as established practice.
This is what we do.
And this Fed response makes it clear that even securities which are segregated are in the same pool And only entitled to a pro-rata share of what remains in the pool after the secured creditors.
Have taken the securities over which they've perfected legal control.
So wait a second.
I'm sorry to interrupt, but you're saying that a pension management fund can use the pensions that are, quote, owned By, let's say, the former employees of a city or a state or what have you, or a company, they can use that as collateral to make risky bets.
No, it's actually worse than that.
Worse than that.
The pension fund is not doing it.
The pension fund managers are not even aware this is happening.
So where is the risk injected into the system by leveraging those assets?
Well, the public, the fund managers are not aware this is happening.
These pools of securities are being used in this way essentially constantly at this point.
This is what is underpinning the derivatives complex.
So the So let's look at it this way.
Well, let's look at the case of Lehman Brothers, which I go into in the book.
In the failure of Lehman, the big entities that had their assets in custody at Lehman Lost those assets in the bankruptcy of Lehman Brothers.
They were taken by JPMorgan Chase.
Okay, so you're an institutional investor.
You have your funds custodied at Lehman Brothers.
Lehman, unbeknownst to those sophisticated investors, Oh, you're kidding me.
happens routinely, it is essentially forced to happen.
So Lehman was using customer assets from sophisticated customers underpinning Lehman's derivative trades.
So when Lehman went bust, now this is the shocking thing.
JP Morgan was the custodian for the client assets.
There used to be an idea that the custodian had a fiduciary duty to the clients.
But J.P. Morgan was also the secured creditor that took the client assets.
So both the custodian and the secured creditor that took the client assets in the bankruptcy.
So five years later, there is a decision In the bankruptcy court, Southern District of Manhattan, obviously these fund entities were trying to get the assets back.
Of course this happened in the middle of a financial meltdown when they really would have liked to have their assets.
So five years later now this is having its day in court and the Another piece of this is that the bankruptcy laws were changed in 2005, just before the financial crisis, to assure something called safe harbor.
Which again, like legal certainty, it sounds good, but it means safe harbor for the secured creditors to take the client assets in a bankruptcy and for it to not be possible to challenge that.
In the case of Lehman, the bankruptcy judge found that J.P. Morgan was certainly entitled to take the client assets.
The only question was whether J.P. Morgan was a member of the protected class.
Oh yeah, this concept.
We've got to talk about this protected class.
Yeah, so it's in the decision that J.P. Morgan is one of the largest financial institutions, is certainly a member of the protected class.
So it's not all secured creditors that have this super priority to take the assets out of these pools.
It is just the very largest banks.
Well, I noticed that JP Morgan, no matter what happens, even with the 2023 banking failures, you know, Silicon Valley Bank and so on, JP Morgan always ends up getting everything, usually at an incredible discount.
Thanks to the Fed acting on behalf of J.P. Morgan.
So this is beyond the original too-big-to-fail, going back to long-term capital management back in 1997, I believe.
This is beyond too-big-to-fail.
This is so big that nations bow down to J.P. Morgan, it seems like, at this point.
Well, yes, we know...
We know it's really, and I talk about this in the book, the real power behind everything is the central banks and the people that control the central banks.
They control all political parties, all the media, all the governments, and it has been It's just that we're reaching a point in time now where it is becoming quite apparent if you really face up to it.
So then do you believe that there is either A deliberate or accidental set of circumstances coming that will cause cascading failures of financial institutions.
Go ahead.
I think that you can see that this mechanism is sophisticated It's been implemented over decades.
It's absolutely planned.
I draw parallels in the documentary and the book with what happened in the 1930s, which was a collapse that was made to happen by the Federal Reserve.
I think people have come to understand that.
So then everything was taken by precipitating a contraction in money supply and then closing the banks in which just suddenly Closing all the banks and the only banks that were allowed to
reopen were banks selected by the Federal Reserve System.
The protected class at that time.
Yes, and what that did was really to destroy the part of the economy that was not controlled, was not reliant on the credit creation of the Federal Reserve.
So this can be done, basically any people, any individuals, any businesses that had debt levels were in trouble.
And their assets could be taken.
And this is something that's gone on for centuries in that way.
What's different this time is their innovations here to take even the financial assets that people believe they own free and clear that have no borrowings against them.
Really?
Like what?
Homes?
Vehicles?
No, no, I'm talking about the stocks and bonds.
Okay, okay.
But, you know, if you...
Homes, real property that is owned outright with no debt should be secure.
Okay, okay.
So you're talking about securities.
I'm talking about securities, but this is the purpose of the financialization bubble.
The...
All of society is broadly exposed to this and globally, and it will affect all people all the way to the top of the system.
What about bank accounts, checking and savings accounts, corporate and personal?
Well, I go into that in the book.
The insurance schemes that we have is a fig leaf.
Whether you're talking about the FDIC or the Bank Resolution Authority in Europe, it's about 2% of insured deposits.
Which is on the order, the value of that is about 200 billion, either euros in Europe or dollars in the US. And people should understand the scale of that.
200 billion individual banks have...
Derivatives exposures larger than global GDP. That's extraordinary.
So, you know, the failure of one bank will certainly exhaust the deposit insurance.
The $200 billion is not very much in the scheme of things.
So does that mean that once in the United States, once the FDIC is out of funds, then either the Treasury has to go to the Fed and say, print money so we can fund the FDIC to bail out these banks, or let them fail, let everybody lose their deposits?
Neither one of these scenarios has a positive result here.
I mean, they're both catastrophic in one way or another.
Yeah.
Well, the problem is when you look into the industry discussions of the possibility, the failure of these institutions, Since the great financial crisis, the last one in 2008, 2009, they talk about the fact that the taxpayer will not pay for these failures when they come.
Which is, again, a misdirection, a subterfuge.
What they mean is that The state will not nationalize the banks.
They don't want that.
They want a private solution.
So the public will bear the losses.
This is where it's going.
Of course, you know, there's a question of whether people will not stand for that in Some country.
But that's not the plan for the public, for these things to be nationalized and the public to be made whole.
So it looks like then the public are going to be suffering under extreme losses as cascading failures take place.
Do you think, is part of this, in your view, maybe a plan to push people into CBDCs and start giving everybody a UBI and bailout funds, but you have to sign up for this CBDC program?
Is that part of it?
Yeah, I think that's quite clear.
I mean, the CBDC, central bank digital currency development is very advanced.
You know, essentially all the G20 is in advanced stages of development or testing or nearly ready to launch these things.
And that is...
The new control system.
So people probably know something about CBDC at this point.
It's something that basically can be turned on and off.
It can be controlled in terms of specifically what you can use it for.
So the populace is broadly controlled.
So this seems to be designed to put populations into a situation where they have no access to financial resources and they will have no alternative but to begin using the CBDC and that will be represented as help or help coming to the rescue.
Yeah, it's like Ronald Reagan said, the most frightening words in the English language, I'm from the government and I'm here to help, right?
That's what it's going to be.
And clearly, if you want to purchase groceries using your CBDC account, you're going to have to be fully compliant with every mandate that the government sets out, which could be anything, could be vaccines, could be speech, could be You know, that you not be a Trump supporter, right?
I mean, it could be anything.
They could just set all these guardrails of how you're allowed to use your money, and if you step outside the bounds, boom, you're cut off.
This is totalitarianism, and there's a long beginning to this.
So it's a thread that runs through history going back into the 19th century.
And what people don't know is that the banking interests have been on all sides of this, have been involved with developing totalitarianism and supporting it.
It's really about central planning, central control.
One of the things I've looked at recently is Friedrich Hayek's Road to Serfdom, which happened to be my grandfather's copy of the book from 1944.
And at that point, the war isn't even over, but Friedrich Hayek, who's an Austrian in Britain, he's worried that Britain is clearly going in the same direction in terms of these central planning totalitarian ideas.
And it really began with the Fabians, Which we're promoting socialist economic ideas, but as Hayek, and to put this in perspective, you know, the London School of Economics was created by the Fabians.
So this is the framework we've been living in.
Yes.
So it has a long beginning.
Hayek points out that these ideas run through communism, socialism, national socialism, and he makes the point that the real world is so complex, it cannot be centrally planned.
If your goal is human happiness, human well-being, meeting unmet human needs, you need constantly reorganizing autonomous decision-making.
I mean, we saw this in the U.S. over the last few years with all the government grants and subsidies to these green energy companies that all went broke, just blowing through all this government money because it wasn't a free market decision.
It was just, hey, let's take government money, pay a bunch of salaries.
We don't have to produce any products because we just have to say we're green.
And that was their whole business model.
And it just doesn't work.
But I want to ask you this.
I brought up the U.S. debt clock here on my screen to my guys.
Yeah, show that.
We just passed $34 trillion in the U.S. national debt.
That happened just shortly ago, a few days ago.
And it was only roughly three months ago that this passed $33 trillion.
So we're doing a trillion dollars a quarter today.
In extra debt, and that doesn't even count the entitlements that are down here that are $212 trillion nearly, you know, unfunded entitlements and so on.
Who's ever going to come up with that money?
How long can this play out here, you think, David?
This is what we're seeing.
This is an end-stage phenomena.
This is, you know, coming back to what you were asking about earlier, where, you know, is this something planned in order to take everything?
We're in the end stage of this, which is hyper-financialization.
And following this, there will be a bust.
And prolonged low price level.
And this is what allows the public to be suppressed and put into a condition of deprivation.
So it's instructive to go back and look at what happened in the early 20th century.
One thing I talk about in the book is The velocity of money, which is the relationship between money creation and economic growth.
And if you imagine that you have a finite amount of money, if you're going to come up with money, you have to actually sell something.
You have to sell something, your product or service, which puts competitive pressure and holds price levels down.
But if you come up with a way to create money out of nothing, to begin with, is an awesome power to have.
It makes things happen that otherwise would not have happened.
And that newly created money gets turned over many times within a year.
So there's a very high velocity.
Velocity is this multiplier or the relationship between the end sales, the economic growth, and the money creation.
So It used to be that this was maybe seven or eight times when money was created.
The way I entered into this when I was managing these hedge funds in the aftermath of the Asian financial crisis, this was in the late 90s, this is when this velocity of money phenomena began rolling over, began collapsing.
And I noticed it because I could see that strange things were happening in the financial markets in terms of how the markets behaved, moved up when there wasn't a reason for it.
I started, I noticed that, or I saw on the news that one explanation was that the Japanese central bank was recycling trade flows into U.S. treasuries.
And I saw the scale of these purchases of treasury securities and I thought, that's, those are very big numbers.
So I dug into it and I found that the scale of these treasury purchases by the Japanese central bank was about 10 times whatever the trade surplus could be.
So it was beginning even at that time in the late 90s.
And then I started following what the Fed was doing through the open market operations of the New York Fed, the amount of new money being created.
And I found that in individual weeks, the Fed was creating over 1% of U.S. GDP in new money.
Wow.
So if you annualize that, that's a big rate of growth on an economy that's maybe growing at 3% in a really good year.
So what we found was by the peak of the dot-com bubble in the fourth quarter of 99, the Fed was growing money at a 40% annual rate.
So As I say in the book, if I knew this, and I knew it in real time, I was watching it happen, the Fed knew they were doing that.
So why did they do it?
They create these bubbles and crises.
So we've been living for decades in an artificial money creation or cheap money, easy money environment that has inflated the perceived values of everything from real estate to the stock market.
Yes, yes.
So now why is that happening?
Once you transition to a point where the money creation is not going into the real economy, it increasingly goes into just what you're saying, financial assets.
But if you pay attention, it also goes into warfare and social control because it is an end-stage phenomena.
So...
We have had escalating, basically it's 9-11, global war on terror, a lot of strange things happening.
The U.S. certainly isn't what it was before 2000.
And it just keeps getting more and more bizarre.
I'm sorry to interrupt, but I noticed that too, that what's happening in the Middle East right now sort of picked up right from where Bush left off in the early 2000s.
And remember, they were talking about destroying a certain number of nations like Libya, which, you know, they checked that one off the checklist.
They got Libya and they want to destroy Syria, you know, and they want to destroy all these other nations there.
That's back on track, it seems, again.
But I want to ask you, you said a bust is coming earlier.
So I guess the bust, I want to ask you about more details of what's going to bust.
But the bust would follow the contraction of all of this excess money that's been created, right?
Yeah, well, we're in this end stage phenomena.
The velocity of money has now collapsed to a lower level than at any point during World War I, the Great Depression, World War II. This is a profound collapse, and that basically means that no matter how much money is created, it's without correspondence with what is happening in the real economy.
It's blowing out the money creation.
So what does that look like as it reaches its end stage?
I mean, just crazy money printing, a trillion dollars a month added to the national debt, or what?
Exactly what you pointed to.
It goes into hyper-financialization and it goes into warfare and social control because they're preparing for the collapse of the system.
And the banking powers, their imperative is to stay in control through the collapse and the reset to a new system, which is We'll look a lot like central bank digital currency and maybe some other things that aren't nice either.
But, you know, to draw the parallel, the last time this was happening, this collapse in velocity It was happening leading into the 20th century, and in a very short period of time between 1912 and 1918, You had the collapse of the Qing dynasty, the Turk Ottoman Empire, the Austro-Hungarian Empire, the Russian Empire.
The German economy was completely destroyed, and the British Empire was passed its enix and really in collapse.
So that's how profound this is.
Well, and I would argue the German economy is collapsing again now.
The British power over the world is all but gone.
It doesn't even have a military that can function for more than about a week now.
And the collapse of Western Europe, the economic collapse, the energy collapse, the industrial collapse is now evident every single day.
Yes.
I'd say it does not have to happen.
I think it is made to happen.
Yes.
See, people need to understand how the central banking power works.
You know, in the creation, it goes back, you know, the Bank of England operated this way.
The Federal Reserve was created on the same model.
And what they did is, you know, the Fed creates money from nothing to buy treasuries from the US Treasury.
And then the public, essentially through the government, pays interest to the central bank on this created debt when otherwise the Treasury could have just issued that directly.
The central bank wouldn't have been involved, but the central bank now is receiving interest payments on the debt that's created.
Then the central bank uses those treasury securities as its capital base to make loans on top of that, which used to be 10 to 1, so 10 times the amount of treasury debt created.
Now, Most people don't know the reserve requirement was taken to zero in early 2000 at the beginning of the COVID period.
So there is now no limit at all on the debt creation.
And it is the central bank creates this debt out of nothing and collects interest.
Then the banking system collects interest on this.
And this is what provides this vast power that they have.
And throughout history of the Bank of England and the history of the Federal Reserve, it is linked to warfare.
They control the governments, they control the Treasury, they control the militaries and the intelligence operations, and they must have warfare to Not only to control things, but to expand the debt, continue expanding the debt massively.
You can go back through history.
The individual wars can increase the debt levels by a hundredfold in a short period of time.
And that's...
So they basically, it's their business model.
Warfare is their business model.
Good point.
I think that just nails it right there.
Now, in the few minutes we have left, David, this is already fascinating, but I want to ask you about the impact of the BRICS nations and their plans for international settlements in non-dollar-denominated currencies.
And isn't there a limit of how much How much currency the Federal Reserve can create with the Treasury when foreign buyers of that debt are no longer interested in holding that?
At what point do we reach that cycle where it's just the Fed printing money to buy Treasury debt and it's this vicious reinforcing doom loop cycle?
or are we there now?
Yeah, I, I, um, it's difficult to say because it's, all of the central banks are in collusion in this.
Essentially, it's a global cartel.
So there aren't truly independent central bankers In this system.
If you notice, countries that have attempted to not be part of the system are literally attacked and destroyed.
They get bombed or assassinated.
So they have a comprehensive control globally.
That's why things move in such lockstep.
So I don't...
I don't know what will determine movement in relative exchange rates between currencies.
I have stopped worrying about that or thinking about it.
It's a much bigger problem that we have.
Well, I completely agree.
I mean, it seems like The people are facing a real catastrophic scenario.
So the last question I have for you today is, what practical things can people look at to preserve their assets away from these securities that could be taken from them?
Yeah.
Well, I say to people, get real.
So you move away from things that are constructs, and financial assets are.
So the main thing is to eliminate debt, if you can, and eliminate all debt.
So while you're able to sell financial assets, it does make sense to be in debt and have money in the stock market, for example.
You sell things, you pay off, pay down your debts.
And that's the lesson from the Great Depression.
You can get through it if you have no debt in your business, no debt personally.
Now, however, I know that's going to be hard for a lot of people to face up to.
And I also say, look, don't do anything that will destroy the happiness of your family, your marriage.
Destroy your life.
It's important that you can get through this, and there will be a lot of people who are in debt.
So we'll get through it somehow.
But if you can do things where you can feel more comfortable and rest more easily by eliminating debt, you should do that.
Then beyond that, you invest in real things.
So things that you can have outright title to, hold without debt.
I think people should think about getting through a difficult number of years.
So think about your physical reality, where you are.
It's good to have a means to produce at least some of your food.
You might take money and build a greenhouse on your property.
So have a big garden.
A small orchard, a greenhouse.
When you look at episodes like this in the past, people who were on farms, as long as they didn't have debt, the children that grew up in those circumstances didn't even know there was a depression.
But, you know, the don't don't have everything in any one thing.
Um...
There are, of course, there are people that, you know, are proponents of having precious metals, and that's fine, but people should understand those, the longer this runs, that can also be confiscated.
So, if you have a lot of gold, but you haven't looked after your physical reality of where you're going to be living, you know, this is something I go into in the book, Basically, when they engineer a collapse like this, they do not want there to be a parallel system.
They do not want people to have some recourse other than accepting the central bank digital currency.
In the Federal Reserve, there's a wonderful book I would recommend.
I read recently G. Edward Griffin's Creature from Jekyll Island.
Yes, fan favorite.
And he explains in there, you know, the secret meeting at which this was planned, going into the memoirs, the writings of the people that were present at that meeting.
One of the principal objectives was to make sure that an alternative to accepting credit from the Fed was eliminated.
They were concerned that the banking, the independent banks in the West and the South were growing rapidly.
And that the economy was becoming largely self-financing.
Of course, gold was held broadly by the public.
Silver was held broadly by the public.
And they...
One of the principal things was to stop that.
So they really engineered the collapse of the economy.
I know it's hard for people to imagine this, that anyone would do that, but it worked for their purposes.
No, for control.
The entire economy dependent on the Federal Reserve System.
And for good measure, they set up the rationale that, well, we're going to have to confiscate all the gold because we are now going to run the system, so we have to have the gold so we can expand credit.
They then did not use the gold to expand credit.
They kept conditions tight.
But this also meant that the public then did not have the gold to run a parallel system, to carry on with hard money, gold-backed money, because the Fed had confiscated it, and the penalties were harsh.
Up to 10 years in prison, $10,000, which was...
A lot of money then.
I think it was two years in prison and $10,000, but that was a lot of money then.
Yeah.
David, I'm sorry to interrupt.
We need to wrap it up right there.
But maybe we can continue this conversation another time.
I just want to make sure people understand your website, thegreattaking.com.
People can get your book as a download and also watch your documentary.
And David, I really want to thank you for doing this and for taking the time to join us today.
It's been fascinating.
Thank you so much, Mike.
Thank you.
We appreciate you.
And thanks for speaking out on these topics.
Okay.
Thank you for the opportunity.
Absolutely.
I really enjoyed it.
Thank you, David.
All right.
For those of you watching, of course, David Webb there, thegreattaking.com.
Feel free to post this interview on other channels if you'd like.
Spread the word about this.
I'm Mike Adams, the founder of brighteon.com.
And I also believe that a major financial reset type of event is coming.
Which is why I've been talking for years about how we can stay safer during whatever collapse is being engineered.
And a lot of people are going to get hurt for lack of knowledge.
That's not you.
If you're watching this, you are already way ahead of the game.
So take action now.
Do your research.
Protect yourself.
Make solid financial decisions.
Get out of debt, like David said.
And you can actually make it through this.
You can navigate this.
much better than most people who don't know what's happening.
Thank you for watching today.
I'm Mike Adams, Brighteon.com.
God bless you all.
Take care.
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This is a stack of 100 of the Goldback 1s, and you can buy these stacks at verifiedgoldbacks.com.
Let me show you actually the recovery percentages here.
If you scroll down, oh, there's some of the gold foil that you get when you melt a 50%.
That's what it looks like in my hand there.
This is one of the kilns that we use.
And continuing, here's the recoveries right here.
We recovered 102% on the minimum and about 107% maximum from these goldback bills.
So in every case, we recovered more than 100%.
And that's what these masses are here.
Here, phase two, this is the final mass, and it shows you how that's more than what was expected.
So you're actually getting all the gold that's promised and a little bit more, and here's the purity numbers.
We found very small parts per million traces of magnesium, iron, copper, zinc, silver, and lead, which shows that this is over 24 karat gold.
And by the way, this is always very common in gold.
You're going to get some impurities, and that's why it's called 24 karat and not 100% pure gold.
Anyway, we did acid stone test results and so on.
You can check out all of this at verifiedgoldbacks.com.
Get these into your hands.
They're gorgeous to look at.
People absolutely love them.
They love them as gifts.
And, again, it's instantly spendable gifts.
Assets with real physical gold in them, which means you don't have to have faith and trust in a government for these to hold value.
No government issues these.
No government even recognizes them as currency.
No, they're gold, which transcends every government and has outlasted every government in the history of the world.
Gold will be here when the dollar collapses.
Gold will be here when the yen collapses, when the euro collapses, when the United States of America as a government collapses.
Gold will still be here, and gold will still hold value.
So do your own research.
Don't take this as financial advice, of course.
I'm not your financial advisor, but I'm adding these to my own preparedness activities because I recognize the practical utility of these.
And in my experience, everybody that I've handed them to has instantly recognized their value, and frankly, they want more of them.
So check it out, VerifyGoldbacks.com.
Thank you for watching today.
I'm Mike Adams.
Take care.
A global reset is coming.
And that's why I've recorded a new nine-hour audiobook.
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