I've been thinking for awhile that there is a concerted effort afoot to keep Americans and their money bottled within the US borders for the upcoming Financial Storm to be unleashed upon them. With offshore tax havens being sewn up and shut down and all other manner of wire transfers being limited; it's not hard to see that US officials don't want Americans to have options to escape a financial meltdown. Read "High Alert" amongst other tomes top know that a plan is in place to lambaste America to pave the way for the NAU. All they need is a serious financial crisis and the sheep-like populace of "Boobus Americanus" will buy the false merits of the "North American Union" hook, line and sinker.
The Department of Justice issued a bench warrant for the largest online transaction service backed by gold. According to a press release, "A federal grand jury in Washington, D.C., has indicted two companies operating a digital currency business and their owners on charges of money laundering, conspiracy, and operating an unlicensed money transmitting business.”
“e-gold” is the more popular of these two companies… and it’s a good idea. Peter owes Paul for services/goods rendered, so Peter sends Paul an amount of gold as his payment. A gold-backed transaction… easy as pie. Like PayPal, except it’s happily anonymous and the government can’t stick its nose into your business. Of course, that’s why the feds want to shut it down.
Apparently (and unfortunately) the Dept. of Justice alleges drug traffickers, child pornography rings, and money launderers have taken advantage of the e-gold model and are using the system to conduct business.
Will it hold up? “The indictment is reaching…” says Kevin Kerr. “In my opinion, the underlying motive here is to create another hurdle for investors trying to move out of the ailing U.S. dollar and into other means of transacting business.” More to come on this story, for sure.