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

The Gold Standard Monetary Reset

Did Russia Intentionally Trigger A Monetary System Reset?
Russian central bank to restart buying gold from banks will pay fixed price from March 28.
Russia Central Bank Announces Ruble Bound to Gold! 5000 Rubles per Gram.
By pegging gold to the ruble, Russia has just wiped out the dollar's clout from the world markets.
Moscow Will Consider Bitcoin, Gold, and Ruble Payments for Natural Gas.
Lavrov pushes for more active Russia-India-China cooperation, calls it 'Troika'.
Iran wants to trade with Russia in national currencies.
Lavrov: Russia, China Moving Towards Multipolar 'Fair World Order'.
Source: tfiglobalnews.com, youtube.com

Somalia secured the debt relief from IMF and World Bank

Following Ethiopia's $1.5 billion agreement in November, the IMF and World Bank recently granted $4.5 billion to Somalia in debt relief, which represents a significant step toward reducing financial pressures in the region.
This show of unity denotes a deliberate attempt to tackle the economic difficulties these countries are facing.
It seeks to strengthen Somalia's faltering economy and promote stability and long-term growth in the region by reducing debt.
These programs highlight the value of international collaboration in supporting poor countries, highlighting the critical role these organizations play in enabling economic recovery and supporting important developmental projects.

Trump's Fed Nominee Advocates a Gold-Backed Currency, Even a Crypto One

Judy Shelton, President Trump's nominee for the Federal Reserve board of governors, has advocated for getting back to a gold standard, possibly "in a very cryptocurrency way." In an interview, Judy Shelton told reporters:
"I don't see it so much as returning [to the gold standard], more like 'back to the future.' I think that what a gold standard stands for is monetary discipline for its own sake. Money is supposed to be a unit of account, a reliable measure and a dependable store of value. It really shouldn't be subject to who's the chairman of the Federal Reserve."
Source:cointelegraph.com

Trump’s ‘Big Beautiful Bill’ Passes the Senate

🏛️ July 1, 2025: After a marathon vote-a-rama, the Senate has officially passed President Trump’s sweeping tax cut package — the “Big Beautiful Bill.” Backed by near-unanimous GOP support, the bill now returns to the House for final approval.
A major win for Trump, the legislation marks a pivotal step in reshaping U.S. tax and spending policy — and sets the stage for a historic signing.
🏛 June 29, 2025: In a narrow 51-49 vote, the Senate advanced President Trump’s signature tax and spending package late Saturday, setting up a potential final vote as early as Monday. All but two Republicans backed the bill, which has become a centerpiece of Trump’s second term agenda. Senators Rand Paul and Thom Tillis broke ranks, citing concerns over the debt limit and Medicaid reforms. Lawmakers are racing to finalize the legislation ahead of the July 4 deadline.
✅ May 22, 2025 - Trump Celebrates Passage of “The One, Big, Beautiful Bill” after the House passed what he’s calling “arguably the most significant piece of Legislation” in U.S. history.
The sweeping bill includes:
🚫 No tax on tips or overtime
💵 Tax deductions for American-made vehicles
💰 “Trump Savings Accounts” for newborns
🛡️ Stronger border security + ICE/Border Patrol pay raises
🏛️ Funding for the Golden Dome
Trump praised Speaker Mike Johnson and House Republicans, urging the Senate to “get to work” and deliver the bill to his desk without delay.
He didn’t hold back on Democrats either, accusing them of being “warped in the past” and promising their agenda “will NEVER AGAIN happen!”
🏛️ May 21, 2025 - President Trump’s major tax and spending overhaul has cleared a key procedural step in the Republican-led House. Despite internal divisions, the powerful Rules Committee approved the bill, setting it up for a full floor vote within hours. The legislation aims to extend Trump’s 2017 tax cuts, introduce new deductions for tipped workers and auto loans...
💥 May 18, 2025 - House Republicans push forward Trump’s ‘Big, Beautiful Bill’ in a rare late-night vote! Trump celebrates on Truth Social: "CONGRATULATIONS REPUBLICANS!!! MAKE AMERICA GREAT AGAIN!!!"
With July 4 as the New Deadline, Treasury Secretary Scott Bessent Rallies GOP to Deliver a Historic Megabill—A Vision of Renewed Prosperity and Patriotic Reform by Independence Day
April 10, 2025
Trump posted on social media: Great News! "The Big, Beautiful Bill" is coming along really well. Republicans are working together nicely. Biggest Tax Cuts in USA History!!! Getting close. DJT
April 2, 2025:
Republican lawmakers met with President Donald Trump as they push forward with his sweeping tax-cut plan. Senate advanced Trump's $4.5 Trillion Tax-Cut Package.
February 25, 2025:
The House Republican spending bill has passed.
The U.S. House advanced President Trump's tax cuts agenda on Tuesday, giving a major boost to his 2025 policy goals.
February 19, 2025:
President Donald Trump speaks at FII Institute's Priority Summit in Miami.
He plans to work with Republicans in Congress to 'dramatically' cut taxes.
'We're going to dramatically cut taxes for families and for workers and for companies, including no tax on tips, and hopefully, no tax on Social Security and no tax on overtime,' he said.
February 12, 2025:
House Republicans release budget plan, with trillions in tax and spending cuts.
House Republicans unveiled budget to advance Trump's agenda on border security, defense, energy, and taxes amid Senate competition.
January 26, 2025:
President Trump announced in Las Vegas that his legislative package with Republicans will include a pledge to eliminate taxes on tips.
Trump also suggested a no-tax policy at the Las Vegas rally: 'How about just no tax?'
November 30, 2024:
Republicans, holding control of the House, Senate, and White House, are planning an ambitious 100-day agenda focused on key priorities, starting with tax cuts.
Older news:
In 2025, Republicans' consolidated power in Washington positions President-elect Donald Trump to implement an ambitious agenda.
Key priorities include extending the 2017 tax cuts, funding the U.S.-Mexico border wall, reclaiming unused Democratic-allocated funds, and cutting government oversight by eliminating the Department of Education and curbing the powers of agencies like the Consumer Financial Protection Bureau.
These measures aim to stimulate economic growth, boost job creation, and tighten immigration control while addressing the challenge of managing the $35 trillion national debt.

United States and China are seeking debt relief measures

The United States and China are in frequent discussions to prevent emerging market sovereign defaults.
Talks include preemptive measures such as extending loan periods to ease the annual debt service burden of over US$400 billion for poor countries.
Ideas also involve increased financing from the World Bank and others to address high borrowing rates.
The aim is to implement these measures before countries default and enter formal restructuring talks with creditors.
The Treasury Department: "we talk frequently with China about sovereign debt concerns.
And we talk to many countries about how to make sure the international financial architecture is meeting low-income country financing needs".