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20 countries apply to join BRICS

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News Date: June 15, 2023

According to Sergey Ryabkov, the deputy foreign minister of Russia, there are currently about 20 countries applying for membership in the BRICS, and that number is only increasing.
"I can say that, in our view, the Arab world and the Asia-Pacific region have been clearly 'begging' to join BRICS, as they have no representation there today.
But we will see exactly what we can offer to the leaders regarding this, and leave this to the leaders to decide at the summit in Johannesburg," he concluded.
source:Tass Agency

First-ever cross-border settlement for precious metals

The Bank of China Shanghai Branch achieved a historic milestone by conducting the first-ever cross-border settlement for precious metals using the digital yuan (e-CNY) on December 20.
Collaborating closely with the Shanghai Gold Exchange, they executed a 100 million yuan digital renminbi transaction, marking a significant advancement in the financial factor market.
This successful initiative demonstrates the practical application of digital currency in cross-border transactions for precious metals and sets a precedent for future developments in this space.

Russia issued Gold-Backed Crypto Coins

The largest bank in Russia, Sber Bank, just announced that it has issued gold-backed digital assets on its own blockchain.
It is expected that this will attract a lot of new investors and institutions especially as there is a lot of concern about inflation for fiat currencies.
After all, many of the citizens in the country have started to use the blockchain as a method to preserve wealth and to transfer wealth without having any interference from a bank or government.
Sources: procoinnews

Defcon Level Warning System: Returning To Gold Standard

Russia is reportedly returning to the gold standard.
The government will abolish the VAT (tax) on bullion when purchasing gold bars or other precious metals from a bank.
The 20% current tax on top of its value will not apply.
According to Money Week China 'almost certainly' owns more gold than the United States and both Russia and China have been expecting that they must separate from the U.S. dollar and have been increasing their gold holdings so that they will be prepared for such a time.
Maxime Bernier said that China and Russia have both accumulated a lot of gold and are dumping their dollar assets.
"By escalating the Ukraine conflict and imposing financial sanctions, we are pushing them to establish an alternative global monetary system, likely based on gold" he stated.
"When this happens the US$ will crash and our massively indebted economies will suffer.
This is a big geopolitical blunder. And btw Canada has no gold reserve. We won't have anything to support the CAN$. Almost nobody sees this coming". he added.
Maxime Bernier said that he supports the return to sound money and a gold standard, but not in an 'unprepared and destabilizing fashion as the one we are facing now'.
Source: Defcon Level Warning System

New Bills Filled with Real Gold

New Private Currency Uses Bills Filled with Real Gold.
In 2019, Goldback president Jeremy Cordon said he had a dream in which he saw people paying for groceries using golden bills.
Gold is the best money, but it can't buy a loaf of bread.
To solve this problem, Cordon used new technology to create a bill that sandwiches a particle-thin gold layer between two layers of polymer.
The result can be worth as little as $3.80.
Source: zerohedge.com

Economic security is national security

President Donald Trump: We Cannot Have National Security Without Economic Security.
A Nation that does not protect prosperity at home cannot protect its interests abroad.
Under the banner of "economic security is national security," the Trump administration's corporate tax cuts now spur investment and catalyze innovation.
Sources: youtube.com, whitehouse.gov

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