Claudio Grass: All the Governments are Trying to Get Away From Cash


I sat down with Claudio Grass, Managing Director of GlobalGold.ch out of Switzerland, on June 18. Our conversation began with a lively discussion of the local politics in Switzerland, the new UP Independent Party. The UP Party is a Libertarian movement that believes the Swiss Franc should be backed by 20% gold. This is one of the platforms that is gathering momentum in Switzerland and, hopefully, will take root and spread.

Our conversation quickly turned to a cashless society, which is being pushed all across the globe, in some locations it is more in-your-face than others, but it is being pushed everywhere you turn. The UP Party has already stood against a piece of legislation, and won, barring the government's desire to keep people from making purchases of more than $100,000 Francs with cash. Ridiculous, it is my money and I should be able to spend how much I want on what I want, when I want. I should not be forced to use some type of electronic tracking device; I mean, electronic payment, in order to make a purchase.

Jim Rickards has stated that gold will go to $9,000 an ounce and be used as backing for the International Monetary Funds (IMF) SDR's (Special Drawing Rights). SDR's are a global currency. Claudio doesn't know if this is going to happen, as he states "no one knows the future…"

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I ask for Claudio's opinion regarding the situations in the Middle East, Eastern Europe, more specifically Ukraine and Russia. Claudio doesn't see a world-war breaking out, but I believe that history has shown once the narrative from the global elite no longer works on the people they resort to large scale war.

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