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April 21st, 2012 
FAKE NEWS for the Zionist agenda 
In January of 2012, India began buying oil from Iran with gold. India has chosen to disregard the US dollar as the global reserve currency because of it is not backed by precious metals.
The BRICs countries are pushing for a global gold standard that will alleviate the inflation caused by fiat currency. The major economies of the world are facing an estimated $7.5 trillion in bond payments, which is how the central banking cartels keep their Ponzi scheme afloat. The central banks of the world deal primarily in fiat currency because they do not have the equivalent stores of precious metals to back up their money.
India is the second largest purchaser of oil from Iran. The country spends near $12 billion US dollars per year. That amounts to over 200 tons of gold. The sanctions that the US has placed on Iran in a prelude to an illegal war to steal Iran’s resources for profit, means that India has chosen to use gold to keep the flow of Iranian oil into their country.
The BRICs countries are stepping away from fiat currency on the global market, bringing gold back into play. This is having a devastating effect for the central banks as they cannot afford to compete, literally.
Gold is being re-monetized through an international monetary agreement.
Opposing this move, the International Monetary Fund (IMF) has put out their bid for a new world currency called the Bancor. This fiat currency will replace all the world’s monies, and would be controlled solely by the global Elite. Yet, the central banking cartels are continuing to accumulate gold alongside India and other countries.
China, the holder of the largest amount of US Treasury bonds, has made the determination to push the US dollar out as the global reserve currency by cancelling their agreements with the Treasury. When they called in their debts from the Federal Reserve in 2001, America suddenly went to war with Afghanistan and Iraq. Curiously, these two parts of the world are rich in resources the global Elite would like to solely control. These areas are also in amicable trade agreements with China.
As geopolitical tensions mount, the global financial market is showing that gold prices are soaring without end. The Fed is currently calling for the beginning movements toward austerity in the US to cover the central bank’s debts. It is not the American people who have spent too much, but the banking cartel that owns this country that has spread itself too thin by continually printing fiat with not precious metals stores to back it up.
As gold prices rise it is clear that the non-aligned countries of the world are tired of playing the central bankers game.
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