Forex is a combination of the words “foreign” and “exchange”. Forex trading involves speculation activities that take place day in, day out on the world’s stock exchanges with the exchange rates of the different currencies. Since 2014 China allowed direct trading the Euro. The volume of currencies traded daily exceeds 7 trillion USD. The FOREX Interbank market is 27 times larger than the entire world stock market.

You don´t give your money to someone else, you deposit it into your personal account. Only you can make deposits and withdrawals from and to this account.

In 1913, the "Federal Reserve Act" was treacherous and in violation of the american constitution, hustled through congress in the midnight hours of christmas. As a result, not only americans suffer, but the whole world, to this day.

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world, no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men."

Woodrow Wilson wrote this several years after signing on Jekyll Island the "Federal Reserve Act", which in 1913 created a private bankers-dominated central bank (FED) called the "creature of Jekyll Island". Thomas Woodrow Wilson was an American Democratic Party politician and from 1913 to 1921 the 28th President of the United States of America.

Richard Nixon, the 37th President of the United States, completely repealed the historic Gold Standard and the era of money printing began. Nixon justified the move of abolishing the Gold Standard with speculation against the USA, but in truth too many notes were brought in circulation to finance the Korean and Vietnam war. Since then, confidence in the reserve currency has been waning. The lack of security with so-called "fiat money" leads to distortions and unprecedented inflation. Up until August 15, 1971 anyone could exchange US$ 35 for an ounce (31,3 grams) of gold.

Leading economists agree that the system needs urgent reform and the reintroducion of a gold standard. The media keeps blaming Putin, the war in Ukraine, the 'pandemic', even stock market speculation for inflation, but the truth is that ALL problems, including corruption, are rooted to the FIAT monetary system. President John F. Kennedy was also aware of this and was therefore the only one to reintroduce a gold standard in 1963. Many believe that´s why he was assassinated, since the very first official act of his successor was to get rid of those dollar notes backed by gold and silver. Incompetent and corrupt politicians are scared in the principle of merit, which a gold standard inevitably entails.

trendsetting goldbacks

The new goldbacks represent an even better solution than the gold standard or cryptocurrencies that are backed with gold.

It does not need a bank or any other institution such as a private company in which the gold would be deposited as security. The 24K gold is conveniently embedded in the banknotes so that you always carry it with you.

Just as there are various states in America where the notes are produced, the same scheme could be used in the countries of Europe.

There are currently Goldbacks with motifs from the USA, Canada and Africa. States or countries you may already make purchases with goldbacks.  It doesn't matter whether you own bills from the USA or other countries, but like coins, they have additional collector's value.

The number says the amount in milligrams, how much gold is contained in the bills. The likelihood of worldwide acceptance is very high, after all, gold coins are also highly valued all over the globe. Each note has an identification number and is easy to check for authenticity.

Banks can serve as a repository.

Here, too, it´s noteworthy that it is not in the hands of the state but citizens which type of payment method is being used. GOLDBACKS are completely legal and do not violate the constitution either, they represent a quasi-material value, just like gold coins, being used by many businesses and people as a medium of exchange, enjoying great popularity.

Goldbacks are now redeemable in exchange for U.S. minted Gold Coins by weight. This clarifies the regulatory status of Goldbacks as "Specie Legal Tender Instruments" since they can be redeemed at a fixed ratio for a federally recognized form of legal tender.