'Give the ECB Your Gold'- Plan B for Greece

Politics

This is How Gold Wealth Will Be Confiscated in Greece

Greece needs less money than expected
The IMF is reluctant to lend more money anyway.
Gold and Real Estate may be used as collateral in next loan if Markus Soeder has his way

Summary

This is Bavarian Finance Minister Markus Soeder

This is Soeder after Greece Defaults

The Story You've Been Told

It has been reported with much glee in various sources that Greece will need much less money than originally thought for its bailout program.

Klaus Regling told German newspaper Bild that at the end of Greece's money-for-reforms package in August 2018, the European Stability Mechanism (ESM) will

"probably have paid out far less than the agreed maximum amount of 86 billion euros" because the Greek budget was developing better than expected.

Here's the happy headline most seen:

Greece needs "far less" money than agreed in 3rd bailout - ESM head

Hurray for Greece. But further down in some of the reports there was a "tell" as to Gold's real value to the EU, ECB, IMF and the Supranationals who will not admit a failed idea. There was a voice who wants to plan for additional risk based on previous Greek defaults. The nerve of such a person implying that it could happen again! And his idea is telling.

Gold is worthless. Now, can we have yours?

Bavarian Finance Minister Markus Soeder called for a tougher stance in negotiations with Greece, suggesting Athens should only get fresh aid from its lenders against additional collateral such as cash, gold or real estate. (The cash part is completely cover nonsense)

Soeder Takes Off the Emperor's Clothes

Are you watching closely? The people who are telling you their FIAT is good, are now considering demanding hard assets as collateral for loans. Why? Other than the obvious, it is because they do not expect Greece to pay the loans back. The collateral is worth more.

"We need a plan B," Soeder told Bild newspaper. Will Soeder make this happen? Almost certainly not (yet). That isn't the point. Here is the point. Soeder is undressing the IMF and ECB. He is putting a value on Gold as worth as much if not more than paper debt.

Soeder is a Nut, But a Thorn in the Side of the EU Experimenters.

Soeder is a right wing populist who is not liked by the mainstream elites. So how does that make him a Supranational, EU, IMF type? It doesn't really. But it does show that he is saying what the Supranationals are hoping they never have to admit. Namely that their paper is going out worthless. Soeder, right wing repulsive totalitarian that he may well be, is actually doing you a service.

He is showing the hand of the IMF as to what they really value. He is after all, in the same circles as them, even if he disagrees.

As background it was Soeder who called for Greece's expulsion from the EU in 2012 saying:

"Athens must stand as an example that this Eurozone can also show teeth."

This is anathema to what the globalists are trying to do. The true believers (academics) can't allow the EU to disintegrate proving their multicultural dogma has its limits.

Then there are the carpetbaggers, those who want to postpone it as long as possible until real wealth has been confiscated from the people via inflation, debt, and collateralizing real assets.

Starbucks Parthenon?

Taking it to a logical if not ludicrous end. Those collateralized assets of Gold and real estate could in fact be bundled, securitized and sold to an investor like say, Apple.

Upon default look for the APPLE-CROPOLIS.

Origin Source the Bild