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More BRICS and Bretton Woods 3

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News Date: August 9, 2022

Expanding BRICS to create an alternative power bloc is enticing for many countries.
Talk of the BRICS nations creating a new reserve currency introduced the idea of 'Bretton Woods 3.0'.
The Bretton Woods Agreement was negotiated in July 1944 by delegates from 44 countries at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire.
Thus, the name 'Bretton Woods Agreement'.
Under the Bretton Woods System, gold was the basis for the U.S. dollar and other currencies were pegged to the U.S. dollar's value.
The Bretton Woods System effectively came to an end in the early 1970s when President Richard M. Nixon announced that the U.S. would no longer exchange gold for U.S. currency.
Sources: investopedia

Fed policies will be rocket fuel for gold and silver

Fed policies that are coming soon on inflation, and interest rate suppression will be rocket fuel for gold and silver. And gold and silver are just getting started. If Bitcoin is $10,000 per unit, why cannot gold be $5,000, $10,000 or $15,000 per ounce? With the amount of dollars out there, it could easily be $5,000 or $8,000 per ounce, and that is where it is headed. The bond market will eventually collapse, but the biggest collapse coming is the faith in all fiat currencies.
Sources:usawatchdog.com

US Patent for Quantum computing in business problems

Accenture Awarded US Patent for Combining Classical and Quantum Computing with Potential to Address Previously Unsolvable Business Problems.
Quantum computing has the potential to solve complex business problems millions of times faster than classical computing by leveraging the properties of quantum physics to process multiple computing tasks in parallel.
Accenture new patent - U.S. Patent No. 10,095,981 - reveals how businesses could take advantage of the best aspects of both classical and quantum computing techniques to enable breakthrough solutions to problems that could not be solved before.
Sources: www.businesswire.com

We are Headed to a Global Financial Reset

Pull your money out of The Banks, As we are headed for a Global Financial Reset.
The federal reserve is nothing but a loan shark for the deficit spending government.
It's the government's fault for all this monetary mess, not the bankers.
They're just profiting from the control of money creation and all assets traded in the stock, bond, and commodity markets.
Get out of the casino and get into silver hoarding or use your dollars to buy real hard assets like farmland , real estate and gold.
It's the only safe plan in preparation for the coming dollar collapse.
Expect a trigger event in the coming months for a global re-set.
Deutsche Bank is rumored to be already declared bankrupt.
The banks don't trust each other or are out for themselves like JP Morgan, or are failing like Deutsche Bank.
Source: youtube.com

World Bank Looking to Trim Poor Nations Debt

The World Bank is looking at ways to reduce the amount of debt owed by poor countries, rather than simply delaying payments, to attract more investors in the wake of the global pandemic and recession, President David Malpass said.
President of the WorldBank Group remarked to G20 Finance Ministers & Central Bank Governors: I emphasized the need for further progress on Debt Suspension, Debt Reduction, Debt Resolution, Debt Transparency.
Sources:gesara.news, finance.yahoo.com

Gold and Rubles Exchanged in Digital Form

Digital Gold Traded for Digital Rubles by Russia's Rosbank.
Rosbank has brokered Russia's first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble.
Source: bitcoin.com

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