New Foundation for Currencies

In Matthew's description of the Golden Age from December 2007 he says:

The “new” foundation for currencies will be a return to an old one, where precious metals was a set standard for exchange, and “old fashioned” bartering once again will be an excellent way for nations and communities to conduct some business.

In Sheldan Nidle's update on June 22, 2010 from the High Councils of Sirius B (to use the Founder's terminology) they talk about zero-point energy which I'll discuss in detail later, but for this post they also talk about the coming economic collapse:

The Federal Reserve is bankrupt and the European allies of this once formidable juggernaut are not far behind. The system is collapsing internally, and soon this will become all too public.

Here it sounds like they are referring to the recent G8 and G20 meetings in Canada, with a major collapse coming soon afterward.

Currently, a number of moves are underway. First, the cabal has convened several international financial conferences to discuss what can be done about the immensity of the global financial crisis. These conferences have either failed or are doomed to. Second, the dark has had its mainstream media convince many that the economic problems are merely a "deep recession" and that you are close to turning this around. Nothing could be further from the truth, and the dark has no idea how to wriggle its way out of this. For their part, our Earth allies are quite close to toppling the monster core of this disaster: the US Federal Reserve "Bank." This illegal behemoth is bankrupt and swiftly running out of schemes by which to keep afloat; hence, its total collapse is imminent. The Bank of England and its partners-in-crime in "the City" are likewise about to go belly up. Similarly, many other allied banks are ready to succumb to a massive extinction.

Finally they say a new financial system will be born based on precious metals.

The change to precious-metals-based currencies is at the heart of the new system which reflects the new realities of the post-Cold War world.

This is essentially the same as what Matthew said almost three years ago, but now the signs are clear that these changes may be close at hand. Both Gold and Silver have been setting record highs in recent weeks, but the currency of choice for most is Gold, which I'll discuss further in my next post.