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
What is a silver short squeeze?
The idea of a silver squeeze, in very basic terms, is this: The silver price - so the theory goes - has been artificially held down by people (hedge funds, institutions, etc.) who "short" silver. This means they are betting that the price of silver will fall.To short, or short-sell means borrowing a share or commodity, and then selling it. If the price falls, I can buy it back at a lower price, return it to the lender, and pocket the difference. But if the price rises, I am forced to buy it back at a higher price, and I lose money.
If a lot of new investors rush to buy silver, raising the price, the short-sellers will be forced to buy it back at a much greater price. This ever-increasing upward pressure forces prices higher. It is more complex than that, but this is the bones of a silver squeeze.
This is a movement to help level the playing field between everyday people and the billionaires who control the big financial institutions that control the money, and thus control us. It is a movement to wake people up to what is been happening, and to help us, together, start to reclaim the power we have unwittingly allowed others to have over our lives. Big banks have made big fortunes by manipulating the silver market for decades. Although many have tried, and some have come close, no one has been strong enough to completely break their stranglehold. Until now.
The silver market is the Achilles heel of the old system, and its time has come.
Sources: silverseek.com, www.fool.co.uk
The Reserve Bank of India has increased its gold reserve
There was a sharp jump in the foreign currency assets and gold reserves.All components in forex reserves climbed with gold reserves outperforming foreign currency assets (FCA) in the week.
RBI announced key measures that are likely to protect the Indian rupee at the interbank forex market and further drive the reserves.
The value of gold reserves rose by $1.140 billion to $39.642 billion during the week ended July 29.
This is the highest monthly purchase since September 2021.
Sources: livemint.com
Putin Pledges an Equal and Indivisible Security System
Vladimir Putin has been inaugurated as President of Russia for his fourth term, adhering to the tradition at the Kremlin.The ceremony highlighted Russia's commitment to dialogue with the West and emphasized the nation's security interests.
Putin reiterated the importance of equal footing in discussions and the pursuit of a multipolar world order.
His presidency will last until 2030.
"Together with our partners in Eurasian integration and other sovereign development centers, we will continue to work to form a multipolar world order, equal and indivisible security system," Putin said at the ceremony.
Donald Trump is against CBDCs
Donald Trump firmly opposes the idea of the Federal Reserve creating a central bank digital currency (CBDC) in the United States and vows to "never allow" the creation of such currency if elected.His strong declaration to "never allow" the issuance of a CBDC reflects concerns about potential implications, such as privacy issues, government control, or disruptions to the existing financial system.
"As your president, I will never allow the creation of a central bank digital currency.
Such a currency would give a federal government, our federal government, the absolute control over your money, they could take your money and you wouldn't even know it was gone.
This would be a dangerous threat to freedom and I will stop it from coming to America", Trump stated during a speech in New Hampshire on January 17.
Gold revaluation to write off the debt
The more debt is being accumulated on the balance sheets of European central banks, the more likely they will revalue gold to write off this debt.One possible solution is that central banks use unrealized gains of the gold on their balance sheet to write off sovereign bonds, providing debt relief to their governments.
Revaluing gold to write off bad debt would require central banks to set a floor price for gold.
If a central bank uses its revaluation account fully, the gold price ideally doesn't fall back or this central bank will incur unrealized losses.
As such, the central bank would need to stabilize the gold price, which is a form of a gold standard.
Source: substack.com


