Trump:The biggest thing that nobody knows about on January 1st
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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
Economists Discuss Russia, China Developing Gold-Backed Currency
Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar.Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold.
Sources: news.bitcoin
Trump Promotes New DeFi Platform
September 16 update:The World Liberty Financial team announces that, despite the unsettling events of yesterday, Donald Trump will proceed as scheduled (8 PM EST) to unveil the Make Finance Great Again plan on his channels.
Older news:
Donald Trump recently promoted a new crypto platform called 'The Defiant Ones', developed by the Trump Organization, on social media.
Addressing his followers, Trump criticized big banks and financial elites, urging Americans to 'take a stand together.'
This marks the first time Trump has publicly endorsed the upcoming digital bank, which has yet to be activated.
Donald Trump on social media:
"For too long, the average American has been squeezed by the big banks and financial elites.
It's time we take a stand-together. #BeDefiant t.me/defiant1s"
Russia plans a digital golden ruble
Russia may allow gold-backed stablecoins under government control according to lawmakers.The statement comes after Bank of Russia proposed a wide-ranging ban on the use of cryptocurrencies, and their trading and mining.
According to a report by the Central Bank of Russia, the nation's central bank gold holdings surpassed its dollar reserves for the first time in its history, with gold making up 23% of total reserves as of the end of June and dollar assets dropping to 22%.
Source: bitcoin.com
Iran, Russia planing the token of the Persian Gulf backed by gold
Iran and Russia want to issue a new stablecoin backed by gold.The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like the U.S. dollar, the Russian ruble or the Iranian rial.
The "token of the Persian Gulf region" would serve as a payment method in foreign trade.
Sources: cointelegraph.com


