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  • Getting Started

    • Overview

      • Quick Start Guide

        • All States are Empires of Lies
        • Am I going to have to buy gold units?
        • Am I owner of the gold?
        • Are Gold Units stable or volatile?
        • Can a State or Country Declare & Make Gold Units legal Tender?
        • Can Gold units be issued & circulated in different formats, such as paper money?
        • Can I exchange my units for physical gold?
        • Can I go to a bank with my Gold Units and can I borrow money against it?
        • Can I have dollars and gold units at the same time until I get comfortable with units?
        • Can I have multiple Gold Unit accounts in different countries?
        • Can I pass the gold units to others?
        • Can I purchase goods with it? 
        • Comparison between FIAT Currencies and Gold Units that are "Holy to Yahweh"
        • Could I send Gold Units to a non-GGMF account holder in a different country?
        • Do I get a digital wallet for Gold Units?
        • Do I have to pay a fee or commission for the converstion of my FIAT?
        • Do I have to pay taxes if I own Gold Units?
        • Does GGMF charge Processing Fees?
        • Gold Is Back—And So Is Judy Shelton
        • How are FOREX rates determined?
        • How can Gold Units be used in a country where it is not legal Tender?
        • How do I know that a merchant will accept to be paid in Gold Units?
        • How much gold has GGMF publicly declared it has stored in its Treasury?
        • How would I send Gold Units to another GGMF account holder?
        • If I have gold units and my country / region doesn't accept it as legal tender, do I have to go to a country / region where legal tender is applicable, in order to monetize my gold unit?
        • Is it legal tender in my country? Or in my area?
        • Is the GGMF System Sharia compliant?
        • Is there an office somewhere, where I could purchase the Gold Units, or discuss any issue? 
        • Is there any other information, interviews, etc. available about GGMF on Social Media?
        • Open Letter to the Nations
        • Quick Start Guide
        • Should I convert all my fiat currencies into Gold Units if it becomes legal tender?
        • What does Gresham’s Law mean in financial terms?
        • What if I want to go back to my FIAT Currency e.g. US dollars?
        • What is GGMF's Organisational Structure?
        • What is the difference between this GGMF Gold Unit System and the CBDC?
        • What is the Exchange Value of a Gold Unit?
        • What is the Maximum Interest Permitted on Loans?
        • Whate is the difference between ALLOCATED and UNALLOCATED gold?
        • When I convert from fiat to Gold Units am I buying a piece of Physical Gold?
        • Who issues a Gold Unit and how is it placed into circulation (Legal Tender)
        • Why are Gold Units preferable to the existing FIAT currency of a country?
        • Will I need to use a Foreign Exchange broker to acquire or settle in foreign Gold Units?
        • Will my card (debit/credit) by linked to my Gold Unit account?
        • Would I be able to freely convert any fiat currency into Gold Units?
        • Show Remaining Articles (30) Collapse Articles
      • Gold vs basket of Precious Metals and Commodities

        • African Countries Are Turning To Gold
        • Gold Is Back—And So Is Judy Shelton
        • Is there any other information, interviews, etc. available about GGMF on Social Media?
        • What does Gresham’s Law mean in financial terms?
        • Zimbabwe - Launch of new Hybrid (basket of gold and US Dollar) asset backed currency
      • The relevance and importance of the Intrinsic Value of gold.

        • All States are Empires of Lies
        • Am I going to have to buy gold units?
        • Am I owner of the gold?
        • Are Gold Units stable or volatile?
        • Can I exchange my units for physical gold?
        • Do I own a fractional beneficial interest in a Bullion Bar?
        • Gold Is Back—And So Is Judy Shelton
        • How can a move to Gold Units curb inflation?
        • How much gold has GGMF publicly declared it has stored in its Treasury?
        • If GGMF is not the owner of the gold, but a caretaker of 50 years, do I have the guarantee that the gold will not disappeared when I need it?
        • Is there a profit or an increase in value in the Gold Units?
        • Is there any other information, interviews, etc. available about GGMF on Social Media?
        • What does Gresham’s Law mean in financial terms?
        • What is the difference between this GGMF Gold Unit System and the CBDC?
        • Whate is the difference between ALLOCATED and UNALLOCATED gold?
        • When I convert from fiat to Gold Units am I buying a piece of Physical Gold?
        • Why are Gold Units preferable to the existing FIAT currency of a country?
        • Will everyone be forced to use Gold Units or do I have an option? What are the consequences for not converting FIAT to Gold Units?
        • Show Remaining Articles (3) Collapse Articles
      • The Year of Jubilee and its importance to God.

        • How much gold has GGMF publicly declared it has stored in its Treasury?
      • Your Next Steps

        • Can I go to a bank with my Gold Units and can I borrow money against it?
        • Can I have dollars and gold units at the same time until I get comfortable with units?
        • Can I pass the gold units to others?
        • Can I use Gold Units to withdraw Fiat Currency at an ATM in Countries where Fiat Currency is still legal tender?
        • Could I send Gold Units to a non-GGMF account holder in a different country?
        • Do I get a digital wallet for Gold Units?
        • Does GGMF charge Processing Fees?
        • Gold Is Back—And So Is Judy Shelton
        • Is it legal tender in my country? Or in my area?
        • Is there an office somewhere, where I could purchase the Gold Units, or discuss any issue? 
        • Should I convert all my fiat currencies into Gold Units if it becomes legal tender?
        • What does Gresham’s Law mean in financial terms?
        • What is the Exchange Value of a Gold Unit?
        • What is the Maximum Interest Permitted on Loans?
        • Will my card (debit/credit) by linked to my Gold Unit account?
        • Would I be able to freely convert any fiat currency into Gold Units?
        • Your Next Steps
        • Show Remaining Articles (2) Collapse Articles
      • How are FOREX rates determined?
      • Is there an office somewhere, where I could purchase the Gold Units, or discuss any issue? 
      • Who issues a Gold Unit and how is it placed into circulation (Legal Tender)
      • Why are FOREX rates fixed for 50 years?
    • What is the essence of GGMF?

      • What does Gresham’s Law mean in financial terms?
      • WHAT IS THE ESSENCE OF GGMF?
    • GGMF Benefits

      • Country Benefits

        • Case Study # 5 - What is GGMF's position regarding a prospective Country Member’s proven gold reserves, mined and unmined and the financial reserves of the Country Member?
        • Country Member Benefits - Detailed
        • Country Member Benefits - Synopsis
        • Details of all countries who have joined GGMF and where it is legal tender
        • Gold Is Back—And So Is Judy Shelton
        • IMF Declares ZiG Currency Stabilised Zimbabwe's Economy
        • Is there any other information, interviews, etc. available about GGMF on Social Media?
        • Is Zimbabwe's new currency code "ZWG" a GGMF monetary code?
        • What is the "Early Adopter Premium"?
        • What is the difference between Original Country Members and Other Country Members?
        • What is the Special "Adopter" Allocation?
        • What Special Purpose Funds ("SPF") will GGMF establish?
      • Effective Law & Order Benefits

        • Effective Law & Order Benefits
      • Sovereign Individual Benefits

        • Can I have multiple Gold Unit accounts in different countries?
        • Do I get a digital wallet for Gold Units?
        • If I have gold units and my country / region doesn't accept it as legal tender, do I have to go to a country / region where legal tender is applicable, in order to monetize my gold unit?
        • Is there any other information, interviews, etc. available about GGMF on Social Media?
        • Sovereign Individuals Benefits
      • State & Local Authority Benefits

        • State & Local Authority Benefits
      • All States are Empires of Lies
      • Are Gold Units stable or volatile?
      • Can Gold units be issued & circulated in different formats, such as paper money?
      • Can I go to a bank with my Gold Units and can I borrow money against it?
      • Can I purchase goods with it? 
      • Comparison between FIAT Currencies and Gold Units that are "Holy to Yahweh"
      • Could I send Gold Units to a non-GGMF account holder in a different country?
      • Do I have to pay taxes if I own Gold Units?
      • Does GGMF charge Processing Fees?
      • How can a move to Gold Units curb inflation?
      • How can Gold Units be used in a country where it is not legal Tender?
      • How do I know that a merchant will accept to be paid in Gold Units?
      • How much gold has GGMF publicly declared it has stored in its Treasury?
      • How would I send Gold Units to another GGMF account holder?
      • If Gold Units of another Country Member become Legal Tender in the Seven (7) US States, will these States be forced to become a member of GGMF?
      • Is it legal tender in my country? Or in my area?
      • Is the GGMF System Sharia compliant?
      • Is there any other information, interviews, etc. available about GGMF on Social Media?
      • Should I convert all my fiat currencies into Gold Units if it becomes legal tender?
      • What if the US does not make Gold Units legal tender?
      • What is the Exchange Value of a Gold Unit?
      • What is the Maximum Interest Permitted on Loans?
      • Why are FOREX rates fixed for 50 years?
      • Why are Gold Units preferable to the existing FIAT currency of a country?
      • Will I need to use a Foreign Exchange broker to acquire or settle in foreign Gold Units?
      • Will my card (debit/credit) by linked to my Gold Unit account?
      • Show Remaining Articles (11) Collapse Articles
    • Membership

      • Associate Member

        • Associate Member
      • Corporate Member

        • Can a State or Country Declare & Make Gold Units legal Tender?
        • Corporate Member
        • Corporate Member Benefits - Detailed
        • What is an ESOP?
      • Displaced Country Member

        • Displaced Country Member
      • Founding Member

        • Founding Member
      • Local Government Member

        • If Gold Units of another Country Member become Legal Tender in the Seven (7) US States, will these States be forced to become a member of GGMF?
      • Original Confederation Member

        • Case Study # 5 - What is GGMF's position regarding a prospective Country Member’s proven gold reserves, mined and unmined and the financial reserves of the Country Member?
        • Original Confederation Member
      • Original Country Member

        • African Countries Are Turning To Gold
        • Can a State or Country Declare & Make Gold Units legal Tender?
        • Case Study # 5 - What is GGMF's position regarding a prospective Country Member’s proven gold reserves, mined and unmined and the financial reserves of the Country Member?
        • Country Member Benefits - Detailed
        • Country Membership Inquiries
        • Details of all countries who have joined GGMF and where it is legal tender
        • Does the quantity of gold reserves, refined and unmined, of a Country Member, have any impact on the Country Member's reserves of Gold Units?
        • GGMF Protocol - Processing of Invitations to discuss Application for Country Membership
        • GGMF’s Articles of Agreement
        • Gold Is Back—And So Is Judy Shelton
        • IMF Declares ZiG Currency Stabilised Zimbabwe's Economy
        • Is Zimbabwe's new currency code "ZWG" a GGMF monetary code?
        • Original Country Member
        • The international code for Zimbabwe’s new currency is ZWG effective June 25, the central bank says in a statement after approvals were obtained from the World Bank. Minor units of the Zimbabwe Gold currency to be denominated as cents, RBZ adds
        • What if the US does not make Gold Units legal tender?
        • What is the "Early Adopter Premium"?
        • What is the difference between Original Country Members and Other Country Members?
        • What is the Special "Adopter" Allocation?
        • Show Remaining Articles (3) Collapse Articles
      • Other Confederation Member

        • Case Study # 5 - What is GGMF's position regarding a prospective Country Member’s proven gold reserves, mined and unmined and the financial reserves of the Country Member?
        • Other Confederation Member
      • Other Country Member

        • African Countries Are Turning To Gold
        • Can a State or Country Declare & Make Gold Units legal Tender?
        • Case Study # 5 - What is GGMF's position regarding a prospective Country Member’s proven gold reserves, mined and unmined and the financial reserves of the Country Member?
        • Country Member Benefits - Detailed
        • Country Membership Inquiries
        • Details of all countries who have joined GGMF and where it is legal tender
        • Does the quantity of gold reserves, refined and unmined, of a Country Member, have any impact on the Country Member's reserves of Gold Units?
        • GGMF Protocol - Processing of Invitations to discuss Application for Country Membership
        • GGMF’s Articles of Agreement
        • Gold Is Back—And So Is Judy Shelton
        • Other Country Member
        • What is the "Early Adopter Premium"?
        • What is the difference between Original Country Members and Other Country Members?
        • What is the Special "Adopter" Allocation?
      • Sovereign Member

        • Can I have multiple Gold Unit accounts in different countries?
        • Do I get a digital wallet for Gold Units?
        • Sovereign Member
        • What is the Exchange Value of a Gold Unit?
      • Membership Categories
      • What categories of Membership are there?
  • PHILIPPINE GOLD

    • 1. I have heard a lot about the gold of Philippines and the 2007 Agreement with King Anthony Santiago Martin (a Code Name) of the Philippines in social media. Could you please provide some clarity about the gold of the Philippines and the 2007 Agreement?
    • 2. Why the Philippines and why Philippine Gold?  Is what is now happening an Act of God?
    • 3. When you say that the Gold belongs to God.  What do you mean?
    • 4. What happened to the gold of the Indigenous People of the Philippine Islands, on January 25, 2007 and why do you call it constructive theft?
    • 5. What do you mean by constructive theft?  What is Constructive theft?  Can you explain?
    • 6. How can the economic value or “use” of an asset transfer to a third-party without the prior knowledge, consent or active participation of the custodian or person who has the charge over it and possession of it?
    • 7. Can you provide a specific example of where a bailment agreement may be used with regard to daily gold transactions? 
    • 8. Practically, how was the alleged fraud organized & implemented?
    • 9. What role might President Marcos have played in all of this?
    • 10. What evidence is there to show that the economic value of the gold had been secretly transferred?
    • 11. According to the Philippines elders and tribal leaders, what local laws have actually been broken?
    • 12. What International laws were broken?
    • 13. How much gold was stolen?  What proof is there to evaluate the damage?
    • 14. Who are those who were damaged?
    • 15. If the gold belongs to God, who actually was allegedly defrauded?
    • 16. If everything was top secret, how did the people in the Philippines get the evidence of this alleged fraud, and who has such evidence now?
    • 17. What recourse is available to the Indigenous People of the Philippine Islands?
    • 18. What is the global interbank system (“GIS”) and how does it operate?
    • 19. Where is the gold kept and who was the custody of it?
    • 20. What role does the Global Interbank System play in the issuance of M-0 and M-1 money placed in circulation, and how does this tie-in with the concept of the Infinity Accounts?
    • 21. Is the Global Interbank System connected to such things as VISA downloads, IP to IP downloads, and other similar processes?
    • 22. How does M-0 money (non-existent) become M-1 money (existent and on ledger for a bank)?
    • 23. What is Fractional Reserve Banking?
    • 24. How are fiat currencies created? Why is it said that it is created out of thin air?
    • Show Remaining Articles (9) Collapse Articles
  • GGMF Launch - September 11, 2023

    • Why September 11, 2023?

      • Why September 11, 2023?
    • Open Letter to the Nations

      • Open Letter to the Nations
    • Media - Launch Day September 11, 2023

      • Chinese Commercial News - A GOLDEN LAUNCH: Global Gold Monetary Fund Pioneering a Return to Gold-Backed Currency
      • Daily Tribune - Global fund group pitches gold-based monetary system
      • Daily Tribune - Group Present Gold as divine-guided fiat
      • GGMF - The Golden Launch
      • How much gold has GGMF publicly declared it has stored in its Treasury?
      • Is there any other information, interviews, etc. available about GGMF on Social Media?
      • Manila Bulletin - A Golden Launch: Global Gold Monetary Fund pioneering a return to gold-backed currency
      • Manila Standard - A GOLDEN LAUNCH: Global Gold Monetary Fund Pioneering a Return to Gold-Backed Currency
      • Manila Times - Global Gold Monetary Fund fosters gold-backed currency
    • How much gold has GGMF publicly declared it has stored in its Treasury?
    • Is there any other information, interviews, etc. available about GGMF on Social Media?
  • Corporates

    • Corporate Member Benefits

      • Corporate Member Benefits - Detailed
    • ESOP

      • What is an ESOP?
  • Governments

    • Application for Membership

      • Country Member Application for Membership Form
    • Articles of Agreement

      • GGMF’s Articles of Agreement
    • Country Member Benefits

      • All States are Empires of Lies
      • Country Member Benefits - Detailed
      • Country Member Benefits - Synopsis
      • What is the "Early Adopter Premium"?
      • What is the difference between Original Country Members and Other Country Members?
      • What is the Special "Adopter" Allocation?
      • What Special Purpose Funds ("SPF") will GGMF establish?
    • Country Member Obligations

      • Country Member Obligations
    • Next Steps - How the GGMF Debt Forgiveness Program will be Implemented

      • How the GGMF Debt Forgiveness Process will be implemented.
    • Inquiries about Membership

      • Country Membership Inquiries
    • Procedures to be followed when issuing an invitation to discuss an application for Country Membership

      • GGMF Protocol - Processing of Invitations to discuss Application for Country Membership
    • Zimbabwe

      • Effective June 25, 2024, Zimbabwe’s currency code has been changed from ZWL to ZWG, though the name of the currency remains Zimbabwe Gold (ZiG).
      • IMF Declares ZiG Currency Stabilised Zimbabwe's Economy
      • Is Zimbabwe's new currency code "ZWG" a GGMF monetary code?
      • The international code for Zimbabwe’s new currency is ZWG effective June 25, the central bank says in a statement after approvals were obtained from the World Bank. Minor units of the Zimbabwe Gold currency to be denominated as cents, RBZ adds
      • Zimbabwe - Launch of new Hybrid (basket of gold and US Dollar) asset backed currency
      • Zimbabwe: Is GGMF the answer Zimbabwe's weak FIAT currency?
      • Zimbabwe’s ZiG: devaluations won’t fix a currency that’s in trouble because of government overspending
    • Is the Market Economy Inherently Unstable, Or Is Government the Culprit?
    • The ECB is forging a lonely path on CBDCs
  • Case Studies

    • Case Study # 1: Developing African Nation - Gold Reserves & GGMF Implementation Process

      • CASE STUDY # 1: A growing and developing African nation, with significant gold reserves, wishes to clarify and confirm on what becoming a Country Member would mean for them, given their large proven gold reserves, mined and unmined.
    • Case Study # 2: European Country – Questions & Answers

      • CASE STUDY # 2: European Country – Questions & Answers
    • Case Study # 3: A significant African Union Nation - Questions and Answers

      • CASE STUDY # 3: A significant African Union Nation, wishes to clarify and confirm what the benefits and obligations would be on becoming a Country Member, and the procedures to be followed to apply for membership as an Original Country Member.
    • Case Study # 4 – A West African Nation’s Questions and Answers

      • Case Study # 4 – A West African Nation’s Questions and Answers
    • Case Study # 5 - Can Gold impact the GGMF Gold Unit Reserves of a Country Member?

      • Case Study # 5 - What is GGMF's position regarding a prospective Country Member’s proven gold reserves, mined and unmined and the financial reserves of the Country Member?
    • Case Study # 6 - An African nation with significant gold resources seeks clarification concerning ownership and control over the gold assets

      • Case Study # 6 - An African nation with significant gold resources seeks clarification concerning ownership and control over the gold assets
  • Fiat Money System

    • The Achilles Heel of the Fiat Money System

      • All States are Empires of Lies
      • Gold Is Back—And So Is Judy Shelton
      • Is the Market Economy Inherently Unstable, Or Is Government the Culprit?
      • The Archilles Heel of the Fiat Money System
      • What does Gresham’s Law mean in financial terms?
    • How is fiat money created? How is the creation of Gold Units different?

      • All States are Empires of Lies
      • How is fiat money created? How is the creation of Gold Units different?
      • What does Gresham’s Law mean in financial terms?
      • What is Fractional Reserve Banking?
    • Is there any limit on the convertibility of FIAT Currencies into Gold Units?

      • Am I going to have to buy gold units?
      • Can I have dollars and gold units at the same time until I get comfortable with units?
      • Can my GGMF account and/or App hold multiple currencies, including fiat, in my (mobile) wallet? 
      • Do I have to pay a fee or commission for the converstion of my FIAT?
      • Is there a minimum or maximum amount of CRYPTO currencies that I can covert into Gold Units?
      • Is there a minimum or maximum amount of FIAT currencies that I can covert into Gold Units?
      • Should I convert all my fiat currencies into Gold Units if it becomes legal tender?
      • What happens if a Country Member, whose FIAT currency I possess, has not yet opted to join the GGMF?
      • What is the Exchange Value of a Gold Unit?
      • What is the Transition Period?
      • What would happen if I still have FIAT in my possession once the Transitional Period expires?
      • Will everyone be forced to use Gold Units or do I have an option? What are the consequences for not converting FIAT to Gold Units?
      • Will merchants accept Gold Units if I use my Gold Unit Card at retail?
      • Would I be able to freely convert any fiat currency into Gold Units?
    • Conversion of FIAT Currencies to Gold Units

      • African Countries Are Turning To Gold
      • All States are Empires of Lies
      • Am I going to have to buy gold units?
      • Can a State or Country Declare & Make Gold Units legal Tender?
      • Can Gold Units be converted to Fiat Currency at an ATM in Countries where it is NOT legal tender?
      • Can Gold units be issued & circulated in different formats, such as paper money?
      • Can I have dollars and gold units at the same time until I get comfortable with units?
      • Can I use Gold Units to withdraw Fiat Currency at an ATM in Countries where Fiat Currency is still legal tender?
      • Do I have to pay a fee or commission for the converstion of my FIAT?
      • Gold Is Back—And So Is Judy Shelton
      • IMF Declares ZiG Currency Stabilised Zimbabwe's Economy
      • Is it legal tender in my country? Or in my area?
      • Is there an office somewhere, where I could purchase the Gold Units, or discuss any issue? 
      • Is Zimbabwe's new currency code "ZWG" a GGMF monetary code?
      • Should all Countries move from Fiat to Gold Units to see the light of day?
      • Should I convert all my fiat currencies into Gold Units if it becomes legal tender?
      • The international code for Zimbabwe’s new currency is ZWG effective June 25, the central bank says in a statement after approvals were obtained from the World Bank. Minor units of the Zimbabwe Gold currency to be denominated as cents, RBZ adds
      • What does Gresham’s Law mean in financial terms?
      • What if I want to go back to my FIAT Currency e.g. US dollars?
      • What if the US does not make Gold Units legal tender?
      • What is the Exchange Value of a Gold Unit?
      • When I convert from fiat to Gold Units am I buying a piece of Physical Gold?
      • Why are Gold Units preferable to the existing FIAT currency of a country?
      • Will everyone be forced to use Gold Units or do I have an option? What are the consequences for not converting FIAT to Gold Units?
      • Will merchants accept Gold Units if I use my Gold Unit Card at retail?
      • Would I be able to freely convert any fiat currency into Gold Units?
      • What form did Zimbabwe use to change their ISO currency code to ZIG and where would I locate it?
      • Show Remaining Articles (12) Collapse Articles
    • What are the consequences for a nation retaining their FIAT Currency and not converting to Gold Units?

      • Comparison between FIAT Currencies and Gold Units that are "Holy to Yahweh"
      • Gold Is Back—And So Is Judy Shelton
      • How can a move to Gold Units curb inflation?
      • Should all Countries move from Fiat to Gold Units to see the light of day?
      • What does Gresham’s Law mean in financial terms?
      • What is the Special "Adopter" Allocation?
      • Why are Gold Units preferable to the existing FIAT currency of a country?
      • Will everyone be forced to use Gold Units or do I have an option? What are the consequences for not converting FIAT to Gold Units?
    • Why are Gold Units preferable to the existing FIAT currency of a country?

      • Tariffs Won’t Save the US Dollar
      • Why are Gold Units preferable to the existing FIAT currency of a country?
    • Will Central Banks still exist post conversion of the FIAT Currencies?

      • The ECB is forging a lonely path on CBDCs
      • What happens to Central Banks when Gold Units becomes legal tender?
    • Will FIAT Currencies still exist and for how long?

      • Can Gold Units be converted to Fiat Currency at an ATM in Countries where it is NOT legal tender?
      • Can I have dollars and gold units at the same time until I get comfortable with units?
      • Can I use Gold Units to withdraw Fiat Currency at an ATM in Countries where Fiat Currency is still legal tender?
      • Should I convert all my fiat currencies into Gold Units if it becomes legal tender?
      • What happens to Central Banks when Gold Units becomes legal tender?
      • Will everyone be forced to use Gold Units or do I have an option? What are the consequences for not converting FIAT to Gold Units?
    • What if the US does not make Gold Units legal tender?

      • Details of all countries who have joined GGMF and where it is legal tender
      • Is it legal tender in my country? Or in my area?
      • What does Gresham’s Law mean in financial terms?
      • What if the US does not make Gold Units legal tender?
    • ISO 4217 Form

      • What form did Zimbabwe use to change their ISO currency code to ZIG and where would I locate it?
    • Can I still withdraw cash in FIAT from an ATM if I am travelling and the foreign country is not yet a Country Member of the GGMF?
    • Can I use Gold Units to withdraw Fiat Currency at an ATM in Countries where Fiat Currency is still legal tender?
    • Comparison between FIAT Currencies and Gold Units that are "Holy to Yahweh"
    • Daily Tribune - Group Present Gold as divine-guided fiat
    • Effective June 25, 2024, Zimbabwe’s currency code has been changed from ZWL to ZWG, though the name of the currency remains Zimbabwe Gold (ZiG).
    • How can Gold Units be used in a country where it is not legal Tender?
    • If Gold Units of another Country Member become Legal Tender in the Seven (7) US States, will these States be forced to become a member of GGMF?
    • Is the Market Economy Inherently Unstable, Or Is Government the Culprit?
    • Is there a minimum or maximum amount of FIAT currencies that I can covert into Gold Units?
    • Should all Countries move from Fiat to Gold Units to see the light of day?
    • The ECB is forging a lonely path on CBDCs
    • What happens if a Country Member, whose FIAT currency I possess, has not yet opted to join the GGMF?
    • What if I want to go back to my FIAT Currency e.g. US dollars?
    • What if the US does not make Gold Units legal tender?
    • What would happen if I still have FIAT in my possession once the Transitional Period expires?
    • Why the End of the Petrodollar Spells Trouble for the US Regime
    • Will everyone be forced to use Gold Units or do I have an option? What are the consequences for not converting FIAT to Gold Units?
    • Will I need to use a Foreign Exchange broker to acquire or settle in foreign Gold Units?
    • Zimbabwe - Launch of new Hybrid (basket of gold and US Dollar) asset backed currency
    • Show Remaining Articles (4) Collapse Articles
  • De-Dollarization

    • Biden’s Tariffs Are Another Nail in the Dollar’s Coffin
    • Despite Their Hubris, Monetary Authorities Do Not Have Total Control
    • Gold-backed digital currency could be a game-changer for Brics
    • Is the Market Economy Inherently Unstable, Or Is Government the Culprit?
    • Saudi Arabia’s Quandary: The End of the Petrodollar
    • Tariffs Won’t Save the US Dollar
    • The ECB is forging a lonely path on CBDCs
    • The World Is Creeping Toward De-Dollarization
    • The World Looks to Abandon the Dollar as US Sanctions Tighten Their Grip
    • What does Gresham’s Law mean in financial terms?
    • Why the End of the Petrodollar Spells Trouble for the US Regime
    • Why the Regime Needs the Dollar to Be the Global Reserve Currency
    • Will a New BRICS Currency Change Anything? Maybe
    • Will BRICS Smash the Dollar?
    • Will the Dollar Survive the Rise of the Yuan and the End of the Petrodollar?
    • World Dollar Hegemony Is Ending (and That May Be a Good Thing)
    • Show Remaining Articles (1) Collapse Articles
  • BRICS

    • Gold-backed digital currency could be a game-changer for Brics
    • Tariffs Won’t Save the US Dollar
    • The ECB is forging a lonely path on CBDCs
    • Will a New BRICS Currency Change Anything? Maybe
    • Will BRICS Smash the Dollar?
  • FAQs

    • Access & Disclosure of account details

      • Does GGMF charge Processing Fees?
      • Will the retail bank and tax authority see my gold unit account?
    • Accounts - My GGMF Account Explained

      • Does GGMF charge Processing Fees?
      • How is my GGMF account structured?
      • What is the Maximum Interest Permitted on Loans?
    • Are Gold Units a CRYPTO Currency?

      • How are Gold Units not a Crypto Currency?
      • What is the difference between this GGMF Gold Unit System and the CBDC?
      • What form did Zimbabwe use to change their ISO currency code to ZIG and where would I locate it?
    • Are Gold Units a Security?

      • Is a Gold Unit a financial security?
    • Are the GGMF Gold Units secure?

      • Can I be hacked?
      • Can the GGMF system fail?
      • Considering the collapse of FTX and the trouble that crypto currencies are experiencing, how do I know that is real and not a scam or that this will not run into significant problems in the future? At least I am comfortable with a US dollar and have a lifetime of experience using dollars.
      • How will my Gold Units be protected by the GGMF?
      • If the gold is stored in vaults in a foreign country, how can I be sure that the government of such a country will not seize the gold?
      • What if this falls into the wrong hands, wouldn’t unscrupulous people be able to totally cripple the world currency markets and take control of my finances?
    • Can I convert crypto currencies into Gold Units?

      • Can I convert crypto currencies into Gold Units?
      • Is there a minimum or maximum amount of CRYPTO currencies that I can covert into Gold Units?
      • What form did Zimbabwe use to change their ISO currency code to ZIG and where would I locate it?
    • Can I hold FIAT Currencies and Gold Units during the Transition Period?

      • Can I have dollars and gold units at the same time until I get comfortable with units?
      • What if I want to go back to my FIAT Currency e.g. US dollars?
      • What form did Zimbabwe use to change their ISO currency code to ZIG and where would I locate it?
    • Can I still use my Debit or Credit Card?

      • Can Gold Units be converted to Fiat Currency at an ATM in Countries where it is NOT legal tender?
      • Can I purchase goods with it? 
      • Can I still withdraw cash in FIAT from an ATM if I am travelling and the foreign country is not yet a Country Member of the GGMF?
      • Can I use Gold Units to withdraw Fiat Currency at an ATM in Countries where Fiat Currency is still legal tender?
      • How can Gold Units be used in a country where it is not legal Tender?
      • How do I know that a merchant will accept to be paid in Gold Units?
      • If I have gold units and my country / region doesn't accept it as legal tender, do I have to go to a country / region where legal tender is applicable, in order to monetize my gold unit?
      • Will merchants accept Gold Units if I use my Gold Unit Card at retail?
      • Will my card (debit/credit) by linked to my Gold Unit account?
    • Can I use my Gold Units as Security?

      • Can I go to a bank with my Gold Units and can I borrow money against it?
    • Confidentiality - How does GGMF maintain my confidentiality?

      • Will governments or other bad actors be able to track or limit my spending?
      • Will my transactions remain confidential?
    • Deceased Estate or Ward of Court

      • What happens with my Gold Units if I become a Ward of Court or an executor is appointed to manage my estate?
      • What happens with my Gold Units if I pass away?
    • Does GGMF charge processing Fees?

      • Does GGMF charge Processing Fees?
      • Would there be a cost to sending Gold Units to another local or foreign GGMF account holder?
    • Does GGMF have a bank branch network that I can interact with?

      • Is there an office somewhere, where I could purchase the Gold Units, or discuss any issue? 
    • FOREX brokers

      • How are FOREX rates determined?
      • Why are FOREX rates fixed for 50 years?
      • Why are Gold Units preferable to the existing FIAT currency of a country?
      • Will I need to use a Foreign Exchange broker to acquire or settle in foreign Gold Units?
      • What form did Zimbabwe use to change their ISO currency code to ZIG and where would I locate it?
    • God's gifts and blessings for mankind

      • Would there be a cost to sending Gold Units to another local or foreign GGMF account holder?
    • Gold Units - Every Question Answered

      • All States are Empires of Lies
      • Case Study # 5 - What is GGMF's position regarding a prospective Country Member’s proven gold reserves, mined and unmined and the financial reserves of the Country Member?
      • Comparison between FIAT Currencies and Gold Units that are "Holy to Yahweh"
      • Corporate Member Benefits - Detailed
      • Details of all countries who have joined GGMF and where it is legal tender
      • Does GGMF charge Processing Fees?
      • Does the quantity of gold reserves, refined and unmined, of a Country Member, have any impact on the Country Member's reserves of Gold Units?
      • Gold Is Back—And So Is Judy Shelton
      • How much gold has GGMF publicly declared it has stored in its Treasury?
      • How will gold be priced and use transferred to GGMF or any other party once the Gold Units are Legal Tender?
      • If Gold Units of another Country Member become Legal Tender in the Seven (7) US States, will these States be forced to become a member of GGMF?
      • Is there any other information, interviews, etc. available about GGMF on Social Media?
      • What does Gresham’s Law mean in financial terms?
      • What is GGMF's Organisational Structure?
      • What is the difference between Original Country Members and Other Country Members?
      • What is the Maximum Interest Permitted on Loans?
      • What is the Special "Adopter" Allocation?
      • Show Remaining Articles (2) Collapse Articles
    • How can holders of large quantities of gold benefit?

      • All States are Empires of Lies
      • Case Study # 5 - What is GGMF's position regarding a prospective Country Member’s proven gold reserves, mined and unmined and the financial reserves of the Country Member?
      • Does the quantity of gold reserves, refined and unmined, of a Country Member, have any impact on the Country Member's reserves of Gold Units?
      • How can holders of large quantities of gold benefit?
      • How will gold be priced and use transferred to GGMF or any other party once the Gold Units are Legal Tender?
    • How do I convert my FIAT Currencies to Gold Units?

      • Am I going to have to buy gold units?
      • Can I have dollars and gold units at the same time until I get comfortable with units?
      • Do I have to pay a fee or commission for the converstion of my FIAT?
      • Gold Is Back—And So Is Judy Shelton
      • Is there a minimum or maximum amount of CRYPTO currencies that I can covert into Gold Units?
      • Is there a minimum or maximum amount of FIAT currencies that I can covert into Gold Units?
      • Is there an office somewhere, where I could purchase the Gold Units, or discuss any issue? 
      • Should I convert all my fiat currencies into Gold Units if it becomes legal tender?
      • What happens if a Country Member, whose FIAT currency I possess, has not yet opted to join the GGMF?
      • What if I want to go back to my FIAT Currency e.g. US dollars?
      • What is the Exchange Value of a Gold Unit?
      • What is the Transition Period?
      • What would happen if I still have FIAT in my possession once the Transitional Period expires?
      • When I convert from fiat to Gold Units am I buying a piece of Physical Gold?
      • Will everyone be forced to use Gold Units or do I have an option? What are the consequences for not converting FIAT to Gold Units?
      • Would I be able to freely convert any fiat currency into Gold Units?
      • What form did Zimbabwe use to change their ISO currency code to ZIG and where would I locate it?
      • Show Remaining Articles (2) Collapse Articles
    • How is Gold converted into spendable Gold Units?

      • Case Study # 5 - What is GGMF's position regarding a prospective Country Member’s proven gold reserves, mined and unmined and the financial reserves of the Country Member?
      • Does the quantity of gold reserves, refined and unmined, of a Country Member, have any impact on the Country Member's reserves of Gold Units?
      • Gold Is Back—And So Is Judy Shelton
      • How is Gold Converted into spendable Gold Units?
      • How much gold has GGMF publicly declared it has stored in its Treasury?
      • How will gold be priced and use transferred to GGMF or any other party once the Gold Units are Legal Tender?
    • How much gold has GGMF publicly declared it has stored in its Treasury?

      • How much gold has GGMF publicly declared it has stored in its Treasury?
    • In what form are Gold Units issued?

      • Can Gold units be issued & circulated in different formats, such as paper money?
      • How is fiat money created? How is the creation of Gold Units different?
      • If I have gold units and my country / region doesn't accept it as legal tender, do I have to go to a country / region where legal tender is applicable, in order to monetize my gold unit?
      • What is the Exchange Value of a Gold Unit?
      • When I convert from fiat to Gold Units am I buying a piece of Physical Gold?
      • Who issues a Gold Unit and how is it placed into circulation (Legal Tender)
      • Will I be able to have a tangible token/bill/note to pay for things or will transactions be electronic only?
    • Inflation and Gold Units

      • All States are Empires of Lies
      • Are Gold Units stable or volatile?
      • Gold Is Back—And So Is Judy Shelton
      • How can a move to Gold Units curb inflation?
      • Should all Countries move from Fiat to Gold Units to see the light of day?
      • Why are Gold Units preferable to the existing FIAT currency of a country?
    • Interest - maximum rate on loans

      • Can I go to a bank with my Gold Units and can I borrow money against it?
      • What is the Maximum Interest Permitted on Loans?
    • International Trade Finance

      • All States are Empires of Lies
      • Can International Trade transactions be financed in Gold Units?
      • What is the Maximum Interest Permitted on Loans?
      • What form did Zimbabwe use to change their ISO currency code to ZIG and where would I locate it?
    • Issue & Distribution of Gold Units

      • Am I going to have to buy gold units?
      • Can a State or Country Declare & Make Gold Units legal Tender?
      • Can I exchange my units for physical gold?
      • Can I pass the gold units to others?
      • Does GGMF charge Processing Fees?
      • How do I know that a merchant will accept to be paid in Gold Units?
      • How is fiat money created? How is the creation of Gold Units different?
      • How would I send Gold Units to another GGMF account holder?
      • If I have gold units and my country / region doesn't accept it as legal tender, do I have to go to a country / region where legal tender is applicable, in order to monetize my gold unit?
      • What is the Maximum Interest Permitted on Loans?
      • When I convert from fiat to Gold Units am I buying a piece of Physical Gold?
      • Who issues a Gold Unit and how is it placed into circulation (legal Tender)
      • Who issues a Gold Unit and how is it placed into circulation (Legal Tender)
      • Why are Gold Units preferable to the existing FIAT currency of a country?
      • Will everyone be forced to use Gold Units or do I have an option? What are the consequences for not converting FIAT to Gold Units?
      • Will my card (debit/credit) by linked to my Gold Unit account?
      • Show Remaining Articles (1) Collapse Articles
    • Lost Device/Card - Reporting and Replacement

      • What can I do when my phone / device or card containing the Gold Units are stolen from me or lost?
    • Market Pricing of Gold

      • Case Study # 5 - What is GGMF's position regarding a prospective Country Member’s proven gold reserves, mined and unmined and the financial reserves of the Country Member?
      • Conversely if the market price of gold falls will my investments decrease?
      • Does the quantity of gold reserves, refined and unmined, of a Country Member, have any impact on the Country Member's reserves of Gold Units?
      • If the market price of gold rises will my investments increase?
    • Ownership of Physical Allocated Gold

      • All States are Empires of Lies
      • Am I owner of the gold?
      • Can I exchange my units for physical gold?
      • Do I own a fractional beneficial interest in a Bullion Bar?
      • Does the quantity of gold reserves, refined and unmined, of a Country Member, have any impact on the Country Member's reserves of Gold Units?
      • Gold Is Back—And So Is Judy Shelton
      • How is fiat money created? How is the creation of Gold Units different?
      • How much gold has GGMF publicly declared it has stored in its Treasury?
      • Whate is the difference between ALLOCATED and UNALLOCATED gold?
      • When I convert from fiat to Gold Units am I buying a piece of Physical Gold?
      • Why are Gold Units preferable to the existing FIAT currency of a country?
    • Please explain the importance of Decentralization?

      • All States are Empires of Lies
      • Why are Gold Units preferable to the existing FIAT currency of a country?
      • Will governments or other bad actors be able to track or limit my spending?
      • Will my transactions remain confidential?
    • Sending Gold Units

      • Could I send Gold Units to a non-GGMF account holder in a different country?
      • How would I send Gold Units to another GGMF account holder?
    • Sharia Banking

      • Can I go to a bank with my Gold Units and can I borrow money against it?
      • Is the GGMF System Sharia compliant?
    • Taxation of Gold Units

      • Do I have to pay taxes if I own Gold Units?
    • What does Intrinsic Value mean?

      • Am I owner of the gold?
      • Are Gold Units stable or volatile?
      • Do I own a fractional beneficial interest in a Bullion Bar?
      • Gold Is Back—And So Is Judy Shelton
      • How can a move to Gold Units curb inflation?
      • Is there a profit or an increase in value in the Gold Units?
      • What is meant by the INTRINSIC VALUE of Gold Units?
      • Whate is the difference between ALLOCATED and UNALLOCATED gold?
      • Why are Gold Units preferable to the existing FIAT currency of a country?
      • Will everyone be forced to use Gold Units or do I have an option? What are the consequences for not converting FIAT to Gold Units?
    • What does it mean when Legal Tender status is granted to Gold Units?

      • Can a State or Country Declare & Make Gold Units legal Tender?
      • Details of all countries who have joined GGMF and where it is legal tender
      • Gold Is Back—And So Is Judy Shelton
      • Is it legal tender in my country? Or in my area?
      • What if the US does not make Gold Units legal tender?
    • What does the GGMF "Holy to Yahweh" Seal mean?

      • Articles coming soon
    • What GGMF Benefits are available?

      • Are Gold Units stable or volatile?
      • Can Gold Units be converted to Fiat Currency at an ATM in Countries where it is NOT legal tender?
      • Can Gold units be issued & circulated in different formats, such as paper money?
      • Can I go to a bank with my Gold Units and can I borrow money against it?
      • Can I purchase goods with it? 
      • Can I use Gold Units to withdraw Fiat Currency at an ATM in Countries where Fiat Currency is still legal tender?
      • Corporate Member Benefits - Detailed
      • Do I have to pay a fee or commission for the converstion of my FIAT?
      • How can a move to Gold Units curb inflation?
      • How is fiat money created? How is the creation of Gold Units different?
      • How would I send Gold Units to another GGMF account holder?
      • Is the GGMF System Sharia compliant?
      • Is there any other information, interviews, etc. available about GGMF on Social Media?
      • What is an ESOP?
      • What is the "Early Adopter Premium"?
      • What is the Exchange Value of a Gold Unit?
      • What is the Maximum Interest Permitted on Loans?
      • What is the Special "Adopter" Allocation?
      • Why are FOREX rates fixed for 50 years?
      • Will merchants accept Gold Units if I use my Gold Unit Card at retail?
      • Would I be able to freely convert any fiat currency into Gold Units?
      • Show Remaining Articles (6) Collapse Articles
    • What is meant by the Transition Period?

      • Can Gold Units be converted to Fiat Currency at an ATM in Countries where it is NOT legal tender?
      • Can I use Gold Units to withdraw Fiat Currency at an ATM in Countries where Fiat Currency is still legal tender?
      • Should I convert all my fiat currencies into Gold Units if it becomes legal tender?
      • What if I want to go back to my FIAT Currency e.g. US dollars?
      • What is the Transition Period?
      • What form did Zimbabwe use to change their ISO currency code to ZIG and where would I locate it?
    • What is the difference between Allocated and Unallocated Gold?

      • Can Gold units be issued & circulated in different formats, such as paper money?
      • Whate is the difference between ALLOCATED and UNALLOCATED gold?
    • What is the purpose of Transition Period ?

      • Can Gold Units be converted to Fiat Currency at an ATM in Countries where it is NOT legal tender?
      • Can I use Gold Units to withdraw Fiat Currency at an ATM in Countries where Fiat Currency is still legal tender?
      • Should I convert all my fiat currencies into Gold Units if it becomes legal tender?
      • What if I want to go back to my FIAT Currency e.g. US dollars?
      • What is the Transition Period?
      • What would happen if I still have FIAT in my possession once the Transitional Period expires?
      • What form did Zimbabwe use to change their ISO currency code to ZIG and where would I locate it?
    • What Special Purpose Funds ("SPF") will GGMF make available?

      • Corporate Member Benefits - Detailed
      • Is the Market Economy Inherently Unstable, Or Is Government the Culprit?
      • What is the Special "Adopter" Allocation?
      • What Special Purpose Funds ("SPF") will GGMF establish?
    • Where is my account domiciled?

      • Can I have multiple Gold Unit accounts in different countries?
      • What determines where my account is held or domiciled?
    • Who is behind GGMF?

      • What is GGMF's Organisational Structure?
      • Who is behind GGMF? 
    • Why does GGMF focus on Gold and not a basket of metals, such as palladium, platinum, etc.?

      • Gold Is Back—And So Is Judy Shelton
    • Will I be able to use the GGMF application on my mobile device?

      • Do I get a digital wallet for Gold Units?
      • How do I know that a merchant will accept to be paid in Gold Units?
      • If I have gold units and my country / region doesn't accept it as legal tender, do I have to go to a country / region where legal tender is applicable, in order to monetize my gold unit?
      • Will merchants accept Gold Units if I use my Gold Unit Card at retail?
      • Will my card (debit/credit) by linked to my Gold Unit account?
    • Will I be taxed on Gold Units I receive as a gift?

      • Will I be taxed on Gold Units I receive as a gift?
    • Will we still have banks as they currently exist?

      • Do I have to pay a fee or commission for the converstion of my FIAT?
      • What is the Maximum Interest Permitted on Loans?
      • What is the role reserved for Banks in this process?
      • Will banks be able to create money or Gold Units through fractional reserve banking?
    • Pricing of Gold in GGMF Gold Units

      • Case Study # 5 - What is GGMF's position regarding a prospective Country Member’s proven gold reserves, mined and unmined and the financial reserves of the Country Member?
      • Does the quantity of gold reserves, refined and unmined, of a Country Member, have any impact on the Country Member's reserves of Gold Units?
      • Gold Is Back—And So Is Judy Shelton
      • How will gold be priced and use transferred to GGMF or any other party once the Gold Units are Legal Tender?
    • Program Managers

      • How will the expenditure on major projects be approved and monitored?
      • What is the role of the Program Manager?
    • Major Project Funding

      • All States are Empires of Lies
      • How will the expenditure on major projects be approved and monitored?
      • Is the Market Economy Inherently Unstable, Or Is Government the Culprit?
    • Major Projects

      • All States are Empires of Lies
      • How will the expenditure on major projects be approved and monitored?
  • Help Files

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        • Articles coming soon
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        • Articles coming soon
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        • All States are Empires of Lies
        • Effective June 25, 2024, Zimbabwe’s currency code has been changed from ZWL to ZWG, though the name of the currency remains Zimbabwe Gold (ZiG).
        • What is the "Early Adopter Premium"?
        • What is the difference between Original Country Members and Other Country Members?
        • What is the Special "Adopter" Allocation?
      • Displaced County Member

        • Articles coming soon
      • Local Government Member

        • Articles coming soon
      • Sovereign Member

        • Can I have multiple Gold Unit accounts in different countries?
        • Do I get a digital wallet for Gold Units?
        • Is there an office somewhere, where I could purchase the Gold Units, or discuss any issue? 
        • What is the Exchange Value of a Gold Unit?
    • Account Opening, Modification & Deletion Instructions

      • Can I have multiple Gold Unit accounts in different countries?
      • Can I purchase goods with it? 
      • Do I get a digital wallet for Gold Units?
      • Do I have to pay a fee or commission for the converstion of my FIAT?
      • Is there an office somewhere, where I could purchase the Gold Units, or discuss any issue? 
      • What is the Exchange Value of a Gold Unit?
    • How do I transfer Gold Units to another Account Holder?

      • Can I pass the gold units to others?
      • Could I send Gold Units to a non-GGMF account holder in a different country?
      • How would I send Gold Units to another GGMF account holder?
    • What is the difference between this GGMF Gold Unit System and the CBDC?

      • What is the difference between this GGMF Gold Unit System and the CBDC?
      • Why are Gold Units preferable to the existing FIAT currency of a country?
  • Other

    • GGMF Structure

      • How is GGMF Structured?

        • How is Gold Converted into spendable Gold Units?
        • What is GGMF's Organisational Structure?
        • Where are GGMF's main headquarters located?
    • GGMF Corporate Governance

      • Articles coming soon
    • Is GGMF subject to audit?

      • Is the GGMF audited by a renowned audit firm, which is registered with an international institute? 
    • Additional Information
    • Additional Resources
  • Spiritual Aspects of GGMF

    • GGMF Tag line

      • Where does GGMF's tag line come from?
    • Has Science Proved - There is No God?
    • Is there any other information, interviews, etc. available about GGMF on Social Media?
    • WHAT IS THE ESSENCE OF GGMF?
  • Auditing God's Storehouses of Gold

    • Articles coming soon
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Print

What is the Maximum Interest Permitted on Loans?

PostedOctober 17, 2023
UpdatedOctober 17, 2023
Views70

The maximum interest rate permitted by GGMF on any loan granted on the GGMF System will be three percent (3%) per annum.

Previous What is the Exchange Value of a Gold Unit?
Next Whate is the difference between ALLOCATED and UNALLOCATED gold?
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