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

Saudi Arabia Open to Talks on Trade in Currencies Besides Dollar

Saudi Arabia, the world's largest crude oil exporter, is open to discussing oil trade settlements in currencies other than the U.S. dollar, Saudi Minister of Finance, Mohammed Al-Jadaan, told Bloomberg TV in an interview in Davos on Tuesday.
Source: bloomberg

Audit the Fed bill reintroduced

U.S. Senator Rand Paul (R-KY) has reintroduced the Federal Reserve Transparency Act, also known as the "Audit the Fed" bill, aiming to prevent the Federal Reserve from withholding vital information on its operations from Congress.
Paul contends that the inner workings of the Federal Reserve are currently obscure and largely unknown, and he believes that increased transparency is crucial for better understanding and oversight.
The legislation underscores the importance of making the Federal Reserve more accountable to Congress and the public, ensuring that its decision-making processes and financial transactions are subject to thorough scrutiny.
"No institution holds more power over the future of the American economy and the value of our savings than the Federal Reserve. It's long past time for Congress to stop shirking its duty and hold the Federal Reserve accountable.
The Fed's persistent cycle of money printing and lending without any form of meaningful oversight may be the cause of many of our economic hardships, such as the struggle of many Americans to afford food."
he stated.

Judy Shelton's Vision for a Gold-Backed Treasury Bond

May 9, 2025: FoxBusiness introduces the "dollar reset" idea promoted by monetary economist and former Trump advisor Judy Shelton, who received some positive feedback from Trump allies and business leaders like Larry Kudlow and Steve Forbes. Her proposal? A 50-year gold-backed bond to be issued on July 4, 2026 — anchoring the dollar to real value as a symbol of financial sovereignty.
November 27, 2024: Renowned economist and advocate of the gold standard, Judy Shelton, has once again brought the conversation on sound money to the forefront.
In a recent post on X, formerly Twitter, she posed a thought-provoking question:
"Why don't we use our gold as collateral for a new Treasury debt instrument?"
Shelton has proposed an innovative mechanism for reintroducing the gold standard - a 50-year Treasury bond convertible into gold, to be issued on July 4, 2026, under the initiative of President Donald Trump.
This move, she argues, could symbolize a return to fiscal discipline and monetary stability, aligning with the principles of America's founding.
A former economic advisor to President Trump, Shelton has been a vocal critic of the Federal Reserve and its monetary policies.
Her latest book, Good as Gold: How to Unleash the Power of Sound Money, delves into the historical and practical benefits of a gold-backed monetary system, highlighting its potential to curb inflation, stabilize currencies, and restore trust in the U.S. dollar.

World Gold Council launches digital gold initiative

The World Gold Council, together with Linklaters and Hilltop Walk, has unveiled a new framework to reshape the gold market: Pooled Gold Interests. 🪙
🔑 What it means:
Investors can now own fractional shares of physical gold stored in vaults.
Transfers become easier, faster, and more secure.
Gold can be used as collateral in financial markets.
📌 Currently, gold is traded as:
Allocated gold → direct ownership of bars (safe but complex).
Unallocated gold → liquid and cheaper (but with counterparty risk).
This initiative bridges both worlds — blending security with flexibility.

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

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