(TRUNEWS) On February 4, the Trans-Pacific Partnership (TPP) is set for formal signature in New Zealand.
The TPP is a global version of the North American Free Trade Agreement (NAFTA) and the General Agreement on Tariffs and Trade (GATT), which has been negotiated in secret for the last seven years and would place centralized regulation on 40 percent of the world’s economy.
NAFTA and GATT had a catastrophic effect on U.S. business competitiveness, and domestic export values, upon implementation in the 90’s, a trend the TPP is likely to follow. Continue reading
Since 2012, there’s been an unprecedented call from foreign nations to repatriate their gold from Federal Reserve vaults in the U.S. This is an incredible development given many countries’ 71-year reliance on the Fed as a custodian for their bullion. Over the last few years, countries including, but not limited to, Germany, the Netherlands, France, Belgium, Austria, Poland, Ecuador, Finland, Switzerland, Venezuela, and Romania have either formally requested repatriation of their gold or are in discussions with the Fed about it. Some of these nations, mind you, have held more than 50% of their entire reserves of bullion in the U.S. since 1944, when the Dollar became the world’s reserve currency.
Something huge must have happened in the last few years to prompt such action. That something may be a break in foreign gold holders’ trust in the Fed as a custodian of their precious metals. Continue reading