Painting by Rembrandt, The Money Changer. Currently In the Kaiser Friedrich Museum (now Gemäldegalerie), Berlin
Surrounding the money changer are towering stacks of paper. Is Rembrandt depicting here the monetary "Tower of Babel" effect? An ultimate cratering of a money system that moves off of an asset-backed currency? Such has been the case since August 15, 1971; a Nixonian moment in American & world history.
Throughout history Gold has proven to be the primary language of Global Capital and Trade. Untainted by politics or corruption, Gold is a standard of neutrality and void of national interests. Gold provides equal dignity and integrity to any currency backed by and convertible into gold.
Today's Central Banking System has proven once more, that fiat money ultimately leads to volatile, rigged and corrupt markets. In time these inefficiencies contribute to the income and wealth inequalities that have crippled our world economy and corrupted the global banking system.
The 19 April 2016, announcement by China that its gold-backed yuan is no longer convertible into dollars has officially triggered an economic shift not only in the East but throughout the world. Countries are no longer tolerating western exploitation, economic enslavement, threats of sanctions, oppression and the ongoing fear of an emperialistic military-industrial machine. As more countries move to asset-backed currencies and decouple from the USD, new opportunity for new alliances create hope for a more equal, fair and peaceful world.
NxGen Global Capital seeks to leverage these new sources of asset-backed capital into projects that comply with the G20 Global Economic Initiatives, UNEP, UNOITC, and B-Corporation Standards.