Black Swan recent Event

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News Date: September 7, 2021

September 5, 2021: A black swan appeared on Tiananmen Square. Which In Chinese Culture Is A Foreshadowing Of Disastrous Events.
The incident triggered heated discussions, as Chinese leader Xi Jinping mentioned a black swan earlier this year.
On August 17th Palantir purchased gold bars as a hedge against a black swan event.
Also, Sunday 5 September: 150th Anniversary of the 1871 Act Of England. Check out Chapter 11 Washington D.C filing for Bankruptcy. Everything from 1871 is branded Illegitimate/ Illegal.
Sources: www.ntd.com

Digital Currency Backed by Gold Bill in Texas

Texas Lawmakers Introduce Bills to Create Digital Currency Backed by Gold.
The comptroller shall establish a digital currency that is backed by gold so that each unit of the digital currency issued represents a particular fraction of a troy ounce of gold held in trust as provided by this chapter.
Source: capitol.texas.gov

IMF, World Bank annual meetings on economic development

The International Monetary Fund and World Bank will hold their annual meetings, with both calling on the Group of 20 largest economies to extend a freeze in debt payments from the worlds poorest nations that is set to expire at year end.
The annual meetings of the International Monetary Fund and the Board of Governors of the World Bank Group (WBG) are going to kick off on Monday 12, and will remain in session till 18 October. The meetings come amid unprecedented conditions because of the COVID-19 outbreak and the severe impact it has had on the whole world.
The meetings are designed to bring together central bankers, ministers of finance and development, private sector executives, representatives from civil society organizations, and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness.
IMF to revalue its Special Drawing Rights (SDR) - the world's reserve currency waiting in the wings.
Sources:www.bloomberg.com, ahram.org.eg, gesara.news

Indian Sovereign Gold Bonds

The Reserve Bank of India (RBI) has announced the Sovereign Gold Bond Scheme 2022-23 - Series III, which will be open for subscription during December 19-23, 2022.
Sovereign Gold Bonds, or SGBs, are issued by the Reserve Bank of India on behalf of the Indian government as an alternative to physical gold.
These gold bonds can be sold only to resident individuals, Hindu Undivided Families (HUFs), trusts, universities, and charitable institutions.
These bonds offer a superior alternative to holding gold in physical form. The risks and costs of storage are eliminated.
Sources: indianexpress

The Golden Jubilee and the return to gold standard

On 15 August 1971, US President Richard Nixon officially announced that the country was completely abandoning the gold standard.
This meant that the US government abandoned the convertibility of US dollars into gold at a fixed rate of $35 per ounce.
The government simply could not meet the demand to exchange dollars received for goods and services for gold.
The jubilee in its original, biblical meaning when once in 50 years the sold and mortgaged lands were returned to their original owners, slaves and prisoners of war were freed, debts were forgiven, and the land rested from fieldwork.
Why not, 2022 may be the year for the return of the gold standard.
Sources: datadriveninvestor

Quantum computing development

Researchers hope to create large-scale quantum computers within a decade.
Researchers at Japan Riken Center for Emergent Matter Science have achieved a major step forward in increasing the scalability of quantum computers.
Instead of simply incrementing the total qubits in a system, the researchers have demonstrated a triple-qubit, silicon-based quantum computing mechanism.
Another huge quantum computing breakthrough: New 100-qubit processor is built with atoms cooled down near to absolute zero.
By cooling atoms down to near absolute zero and then controlling them with lasers, a company has successfully created a 100-qubit quantum processor that compares to the systems developed by leading quantum players to date.
Sources: www.techradar.com, www.zdnet.com