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Trump:The biggest thing that nobody knows about on January 1st

Gesara.news » News » Trump:The biggest thing that nobody knows about on January 1st

News Date: September 12, 2020

Many are speculating that on January 1st, Donald Trump will be having the U.S to return to the gold standard, something he is publicly supported for many years.
"This is going to be the biggest thing that nobody even knows about, and it is all signed."
Sources:twitter.com

Zimbabwe to issue more gold coins

Zimbabwe hails gold coin success and wants to issue more.
Gold coins used as currency in Zimbabwe will soon be available in smaller denominations, the central bank says.
Those higher-value gold coins are available to buy at approved banks and are tradeable locally.
Sources: bbc.com

What is Section 230 which Trumps wants terminated?

Section 230 is a piece of Internet legislation, passed into law as part of the Communications Decency Act (CDA) of 1996 (a common name for Title V of the Telecommunications Act of 1996), formally codified as Section 230 of the Communications Act of 1934 at 47 U.S.C.§ 230.
Targeting fake news and the US presidential elections, Trump and others have attacked Section 230, saying it has given companies too much legal protection, allowing them to escape unscathed.
Sources: twitter.com, opoyi.com

Antiwar Measures From NDAA

The House version of the 2020 National Defense Authorization Act (NDAA) set aside an irresponsibly large amount of money for military spending, but it also added some antiwar amendments and other very basic limitations. The House and Senate versions have now been reconciled into a final bill, and materially all of the limitations that the House voted on and approved.
Source:www.activistpost.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

US Sanctions Risking systemic collapse

Russia could ask for rubles or gold in exchange for energy. If that occurred Europe would have little choice. The real leverage in the Petrodollar system is on the 'petro' side.
It will be interesting to see how this develops. If energy payments begin moving outside of the SWIFT system, then the Petrodollar will be severely damaged.
Regardless, it's going to be disruptive and we're going to see additional problems. Very likely we will see further money printing and more stagflation.
The United States' attempts to simultaneously take on both Russia and China is a bad idea. We're forcing the two of them together while Europe is trying to play both sides. This situation will end with China and Russia gaining status.
Russian citizens have also been buying gold. This crisis will hurt their citizens, but this isn't Russia's first rodeo. The fact that Putin has done this either means he's lost his mind or he has a plan and found a window of opportunity.
We could see serious spillover effects on bonds and real yields.
The United States can't afford higher rates, and they can't remove Russia's oil without destroying their own markets.
We could see big changes should Russia use their gold as leverage. Possible scenarios that could occur should gold be revalued.
Source: youtube.com

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