Group presents gold as divine-guided fiat
A piece of gold in the Philippines will have the same value in the United States, providing parity in contrast to the fiat currency’s volatility and uncertainty
Daily TribuneA piece of gold in the Philippines will have the same value in the United States, providing parity in contrast to the fiat currency’s volatility and uncertainty
Global Gold Monetary Fund founding member Allain De La Mottez says his group leads a global movement to make gold a legal tender and a currency standard to replace the US dollar. | photograph by Raffy Ayeng for the Daily Tribune
The founder of the Global Gold Monetary Fund understands that attaining the goal of reintroducing gold as a monetary standard and medium of exchange faces huge challenges.
In a briefing in Intramuros, Manila during the debut of the Global Gold Monetary Fund, Allain De La Mottez, founding member of GGMF, said "he and his group will surely face attacks to discredit and devalue the effort."
"The attacks might outweigh the benefits. But if God is with us, then who can be against us?" he said.
De La Mottez said choosing the Philippines as the launching pad for the gold-backed monetary system will give the country a critical role in the new order.
He said the goal is to make gold a global currency, whereas a piece of gold in the Philippines will have the same value in the United States, providing parity in contrast to the fiat currency's volatility and uncertainty.
Further, Mottez said as the GGMF prepares to commence its gold-backed monetary system by January 2024, it will welcome members from other countries by "offering them the opportunity to partake in the promising future it envisions."
Being GGMF members, countries will have access to a suite of benefits, including the Gold Collateral System, in which GGMF will distribute securely stored physical gold among members through 50-year trust certificates, renewable as per the Jubilee principle; Debt Forgiveness Program: GGMF assumes member countries' liabilities, including those in local and foreign currency, following the 50-year jubilee principle for structured debt relief; and New Monetary System, in which members participate in a revolutionary platform with dedicated unit trusts backed by Bailment Agreements, and receive initial Gold Unit allocations, bolstering and sustaining global economies.
Movement turns global
"This marks an extraordinary opportunity for individuals and entities alike to become part of a global movement aimed at reshaping the future of finance through the time-tested brilliance of gold," Mottez said.
With the use of modern technology, Mottez said GGMF offers global banking services, advocating decentralized systems and the intrinsic value of gold.
"With our mission deeply rooted in the belief that gold is a divine asset meant to serve humanity, GGMF aspires to pave a new path toward financial stability and independence for all who embrace its vision, guided by the principles of faith in gold's enduring value," he said.
Mottez said, to date, GGMF had been in talks with 249 countries with the goal of making gold a legal tender.
"We have this unwavering commitment to revitalizing gold as a pivotal medium of exchange at the core of financial transactions. Unlike fiat paper currencies, gold cannot be wiped out. It boasts intrinsic value and, most importantly, belongs to God," according to Mottez.
