Banks Are Restocking Gold
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News Date: March 20, 2022
Banks Are Restocking Gold at Fastest Pace in Years.
The Comex vaults have been steadily depleted over the last several months, however, 1.6M ounces of gold just showed up since March 1.
This is the largest inflow since October 2020 and we are only halfway through March!
This may be simply a restock of the metal lost in Jan and Feb.
It's also possible this is being used to support the massive delivery volume being seen in the historically quiet month of March.
But a third possibility is that the banks are preparing for massive delivery volume in April.
Source: schiffgold.com
Saudi Arabia to End Petrodollar Pact
In June 2024, Saudi Arabia is expected to announce that it will cease all oil sales in US dollars, marking the end of the 50-year Petrodollar Pact signed on June 6, 1974, which expires on June 9, 2024.The decision not to renew this pact stems from Saudi Arabia's recent invitation to BRICS and its move towards dedollarization.
Crown Prince Mohammed bin Salman has informed the Saudi government that the country will no longer accept US dollars for oil transactions.
This shift includes considerations to accept other currencies, such as the Chinese yuan, for oil sales, as reported by the Wall Street Journal on March 15, 2022.
FinX tap into the QFS via Stellar
Have you Heard about the FinX token in the stellar network, a new token implemented in the new quantum system that we are moving to?FinX was started as an initiative to support the integration of retail users into the Quantum Financial System.
FinX is a decentralized network based on sovereignty and commerce. Its goal is to provide a platform optimized for the upcoming Quantum Financial System and enterprise-ready tokens to be used in the new generation of Blockchain.
Their goal is to tap into the QFS (Quantum Financial System), the new global network for the transfer of asset-backed funds, and replaces the centrally controlled outdated SWIFT Systems. FinX assets are created within the Stellar.
Sources: finx.org
Quantum vacuum free energy extraction patent
Free energy is everywhere, and all around you, just waiting to be extracted from the quantum vacuum.Keeping free energy from the people at large has been the greatest crime against humanity ever committed. It is the theft of our personal freedom and potential, as well as our collective future, of perpetual peace and prosperity! There are only two things that can save (free) humanity at this point in history. The first, being God; the other, is free energy.
Quantum vacuum energy extraction and more Free Energy Patents Are Finally Being Issued.
Source:patents.google.com
Russian Gold-backed Stablecoin Confirmed
Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit.Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted.
The matter has been discussed during a recent visit to Iran where officials have also signaled interest in such an initiative.
Source: bitcoin.com
Judy Shelton for Fed board, return to the gold standard
Senate banking panel to resume considering Judy Shelton for Fed board.The nomination of Shelton appeared in jeopardy earlier this year as Republicans and Democrats on the banking panel expressed concerns over her views on the independence of the Fed from the White House, as well as her advocacy in the past for returning the United States to the gold standard.
Source: www.washingtonpost.com