Basel III and the Gold Standard

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News Date: December 13, 2021

The manipulation of paper trading will be minimized with Basel III unallocated limit restrictions.
Gold and silver prices are sure to rise in the run-up to full implementation of Basel 3 regulations as the metals become a risk-free tier 1 asset with liquidity equal to cash and financial establishments mandated to hold more physical leverage against debt.
Basel III implementation is just weeks away, ahead of the historic impact of unallocated position limit restrictions on the suppression of the gold and silver price.
Source: www.investing.com

Triangular spacecraft patent

A spacecraft having a triangular hull with vertical electrostatic line charges on each corner that produce a horizontal electric field parallel to the sides of the hull. This field, interacting with a plane wave emitted by antennas on the side of the hull, generates a force per volume combining both lift and propulsion.
Source:google.com/patent/US20060145019A1

Waller confirmed to Fed Board. WH supports Shelton

By a completely partisan vote of 48 to 47 (though Rand Paul voted against), The Senate confirmed Trump nominee Christopher Waller to the Federal Reserve Board of Governors - filling one of the two vacant slots on the influential economic body.
The White House remains confident that Ms. Shelton will be confirmed and is fully supportive of her candidacy, a White House spokesman said Thursday.
Her beliefs:
- eliminating the Feds independence and federal deposit insurance
- returning the U.S. to a gold standard
Sources: www.forexlive.com, www.zerohedge.com

BRICS commission on space cooperation

A joint commission on space cooperation of the BRICS countries was established, kicking off a new chapter of joint observation and data sharing of remote sensing satellites among the five member states.
The Joint Committee was officially launched on Wednesday, opening a new chapter in the remote sensing satellite observation.
The constellation is made up of existing satellites contributed by the space agencies.
Sources: globaltimes

Russia to continue Mir bankcard expansion

Mir is a payment and money transfer system operated by the Russian National Payment Card System.
The Russian Mir payments system is expanding to other countries in 2022.
Russia's central bank on Friday pledged to keep expanding the number of countries that accept its Mir bank cards.
Source: reuters.com

The new Petro-Gold-Yuan system

Gold will be instrumental in China's plan to create an international oil/renminbi market.
Gold will be a crucial factor for China as the nation looks to strengthen the yuan's international credibility and continues to push forward its plans to buy oil from Saudi Arabia.
Sources: kitco.com