GLOBAL GOLD MONETARY TRUST
Global Gold Monetary Trust (GGMT) is a trust domiciled in the Republic of Mauritius which is governed by a licensed and regulated custodian trustee, a managing trustee, and a board of independent advisors. It converts the operational functionalities of the new Government of the Cordillera Nation and the Confederation in the Philippines into a fiduciary system of money creation that exercises control, accountability, and management oversight over the use and application of the physical gold deposited in Trust. Their role is to keep the monetary system of the Cordillera Nation backed by physical gold honest and ethical, thus fulfilling its obligation to maintain a monetary system that shall always be “Holy to Yahweh.”
Regular internal and external audits of the Trust will confirm the total authorized number of gold units issued, placed into circulation, and distributed.
GGMT’s primary objective is to provide unwavering support to the Indigenous People of the Philippines, as well as to the wider Filipino community. Through various trust funds established in the Cordillera Nation, it endeavors to establish a robust financial framework and financing methodologies and structured finance strategies, to facilitate the funding of crucial infrastructure and other important projects within the Philippines and elsewhere.
Additionally, GGMT aims to bolster the Cooperative Wealth Fund, ensuring its maximized benefits for all members of the Confederation, as well as for the Filipino populace and global citizens alike.
Principal Assets: Substantial Gold (in Dore Bar) transferred to the trust for monetization purposes under the terms and conditions of a 50-year bailment agreement (refer to the legal opinion).
Besides infrastructure that will help the new nation develop itself and its infrastructure, the Projects to be supported by the Cooperative Wealth Fund include:
