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
China astounding Gold reserves to be revealed in CDBC announcement
China hoarded an enormous amount of the precious metal.China Gold reserves to be revealed in Central Bank Digital Currency announcement that threatens U.S. currency hegemony.
It is expected a major announcement of Chinese gold holdings that would astound most analysts would probably be accompanied with any Central Bank Digital Currency release and mention of gold backing.
Source: asiamarkets
Turkey adopted Russia's Mir cards
Turkish Banks Are Adopting Russian Payments System, Erdogan Says.Five Turkish banks have adopted Russia's Mir payments system, Turkey's President Recep Tayyip Erdogan said on his return from talks with President Vladimir Putin in the Black Sea resort of Sochi.
There are serious developments regarding the work that Turkish banks are doing on Russia's Mir card, Turkey's state-run Anadolu Agency cited Erdogan as saying on the plane.
Sources: alarabiya.net
Russia supports Saudi Arabia membership in BRICS
Russian President Vladimir Putin said on Thursday that he supports Saudi Arabia's possible accession to the BRICS group.Putin: Yes, we support. This requires a consensus of all countries.
Also, on 20 Oct, China voiced support for the expansion of BRICS membership after reports about Saudi Arabia showing its intention to join the group that presently comprises Brazil, Russia, India, China and South Africa.
Sources: see.news
Top SECRET! Name code GESARA. The declaration of independence of the world
Alliance sources are claiming that NESARA no longer is needed in America, since Trump signed the revised Paris Agreement, in which GESARA was secretly embedded. Therefore, NESARA, which originally was destined for the Republic of America, has merged with GESARA.Source:steemit.com
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