Global Standard

Preamble

The Global Standard™ is about lawful money. Lawful money, is gold and silver.
Today, gold is disappearing into hoards at the end of the US dollar era draws ever closer.
The Global Standard allows anyone to become an issuer of lawful money. It is an open standard. This page serves as the publicly editable draft. The Global Settlement Foundation will issue currencies based on the Global Standard. Richard Miles, the man who coined the term the Global Isles in a private discussion and who wrote the Global Isles Claim of Right believes that such a Global, lawful money is essential for the survival of freedom. The gold Global and the silver Isle shall be the currency of the people of the Global Isles - you and I.
This is an open standard. Anyone can be an issuer. Issuers will have to emit the money and it shall circulate outside of their control. The currency shall function as a unit of account for all contracts, debts and real bills. The creditor may, at his discretion, demand physical delivery of metal on all lawful debts.
This standard shall also govern settlement. The GSF System will operate a lawful clearing and settlement system as well as a mechanism of delivery of physical metal and physical currency that shall at all times contain at least 70% of the face value with the issuer holding the balance for delivery.

The Global Standard - Lawful, Global Money

A summary One gold Global™ and shall be deliverable as 0.1 gram by mass of 0.999 fine gold. Prefix G, symbol GLO. One silver Isle™ shall be deliverable as 0.1 gram by mass of 0.999 fine silver. Symbol SIL.  Deliverable standard: Any issuer of gold Globals and silver Isles shall redeem 10,000.00 units in 1Kg bars. At the option of the issuer, such bars can be 0.9999 fine. Coins, notes and bills: An issuer can issue coins, notes and bills. Low value denominations will be notes and shall use advanced technology such as nanotechnology to embed at least 70% of the face value into the physical instrument. The issuer shall have on hand the balance in secure storage or on account for ensuring that the unit of account is 100% backed. High value certificates may be issued backed by allocated metal. Issuer: Any entity that issues liabilities denominated in these units. Types of liabilities and rules of issuance of such will be detailed below. The pan-African Gold currency the AUric The AUric™ and the AGric™ were designed by Dr. William Welty of SWANsat for Africa. The AUric™ and the AGric™ are exactly one gold Global and one silver Isle.

The Global Standard™ gives material shape to the principle of lawful money that men must deal with each other by lawful voluntary trade and give value for value. To trade by means of lawful money and lawful voluntary contract is the code of civilized men of good will.

Putting the Global Standard into Action

Rayservers GmbH, the prime dealer of the Global Settlement Foundation is in the process of putting the Global Standard into action. For more information, you can contact Rayservers.

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