ELEMENTAL BACKED CURRENCY

The Shambhala~Shasta Community Energy Bank (CEB) will back the total value in the CEB with precious metals including gold, silver, platinum, palladium, cooper, zinc and bronze.  These precious metals will be minted into units of different sacred geometric shapes and also of different weights.  The value of each unit will be determined by what type of precious metal, and the shape and weight of each unit.

The Shambhala~Shasta Community is co-creating several projects designed to create massive abundance and wealth for our community members.  One of these projects is a documentary film about the co-creation of our eco village project / nature preserve.  All proceeds from the sale of this film will be used to purchase precious metals, which in turn will begin to back up the value in the CEB.  Since everyone in the community owns all community assets equally,  whenever an abundance-creating project is completed and sold or generates income and abundance this value becomes part of the overall value of the community.

Eventually the entire value of the CEB, including all deposits by all community members, will be backed up with precious metals.  At that point (or even before) the CEB members will be able to make withdrawals of these units of precious metals.  In the future we will be working with the local areas of Ashland, Mt. Shasta City, Yreka and Weed to enable them to accept our currency in lieu of the fiat currency called the ‘US Dollar’.