Gesara.news

Articles

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

Federal Reserve Endorses Ethereum-Backed Alternative To Libor

Jerome Powell, the current Chair of the US Federal Reserve, recently stated that an Ethereum-backed blockchain project operating as a reference rate called AMERIBOR could serve as a potential replacement to LIBOR.
Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin, USD Coin (USDC). USD Coin is on the Ethereum blockchain. The execution of issuing and redeeming USDC tokens is ensured with ERC-20 smart contract.
Source: forbes.com
A district court in China has reportedly ruled that Ethereum's cryptocurrency is legal property with economic value.
While cryptocurrency is not legal tender in China, people can hold and transfer them like property.
Source: bitcoin.com

US Mint Temporarily Closes, new coin images

Look at the date of the closing of the mint. This announcement was for public tours but when banks tried to order coins - they have been told the mint is closed.
View of new 2020 $1 coins being minted:
They don't look like anything we've seen before. These coins started in 2018 ... could this be in preparation for NESARA?
Think about this - paper money is easy to reprint, but coinage has to be minted... could it be that the mint was closed to re-tool and prepare to mint new coinage? Could it be that coins have been short due to the need for the metal to re-produce coinage?
There is a lot of stuff being blamed on the Virus - is the coin shortage really due to COVID??
Announcement :www.usmint.gov
Source:www.usmint.gov

China imports gold to revive an economy

China's net gold imports via Hong Kong jumped to a nine-month high in July, data showed on Thursday, with banks snapping up bullion as Beijing works to revive an economy.
Net imports stood at 48.773 tons in July, compared with 40.563 tons in June.
Total gold imports via Hong Kong were up nearly 23.7 percent to 53.91 tons.
Source: reuters.com

Currency Revaluation RV

A revaluation is a calculated upward adjustment to a country's official exchange rate relative to a chosen baseline.
The baseline can include wage rates, the price of gold, or a foreign currency.
Currency revaluation can be triggered by changes in the interest rates between various countries and large-scale events that affect the overall profitability, or competitiveness, of an economy.
Sources:www.investopedia.com/

Gold standard strategy and the collapse of dollar

The dollar is no longer pegged to gold, but it is still the world's reserve currency. Over 60% of the foreign bank reserves are currently held in US Dollars.
There have been efforts by numerous countries (led by China and Russia) to dethrone the US Dollar as the world's reserve currency. China has been reducing its exposure to the Dollar for a long time, and both China, as well as Russia, have been stocking up on gold in recent times.
Central banks added 650 tons to their reserves in 2019, the second highest shift in 50 years, after the 656 tons added in 2018. Before the 2007-09 financial crisis, central banks were net sellers of gold worldwide for decades. Leading the recent spree has been China, Russia, Turkey, Kazakhstan and Uzbekistan.
China can escape the fate of a dollar collapse by tying the yuan to gold. There is little doubt she has access to sufficient gold. Currently, her interest is to preserve the dollar, not destroy it, because it is the principal means of Chinese foreign interests being secured.
Sources: www.fxstreet.com, uk.news.yahoo.com, seekingalpha.com

← Go Back