Bank Of England: Cash Is Trash

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News Date: August 11, 2022

Last week the U.K. Bank of England raised interest rates to 1.75%.
This was meant to seem butch, but frankly 1.75% interest rates is historically the equivalent of zippo. The market didn't care much.
The 1 yen coin used to be gold, it is now aluminum.
The yen never recovered from its periods of inflation, but Japan's economy did and huge wealth was created, so in the end in periods of inflation, cash is trash.
Sources: forbes.com

China trials cross-border settlement involving CBDC

China trials cross-border settlement involving cenbank digital currencies.
The bridge test was developed by the Bank for International Settlements.
A central bank digital currency trial focused on cross-border transactions has been completed, BIS said, with Chinese state-owned banks participating as Beijing tries to internationalize its digital yuan.
Sources: reuters

EU to Stockpile Critical Minerals Amid Rising Geopolitical Risks

🏆 July 5, 2025: The European Union is preparing to stockpile critical minerals to guard against supply chain shocks caused by escalating global tensions, according to a draft document seen by the Financial Times. The move reflects growing concern over a "deteriorating risk landscape," disruptions.
The draft, expected to be published next week, highlights the lack of a unified strategy on essential goods and calls for stronger crisis preparedness. This follows the EU’s March strategy urging member states to build reserves of key resources and for citizens to maintain emergency supplies for at least 72 hours.
🥇 June 11, 2025: The European Central Bank confirms: gold has now surpassed the euro to become the second most important reserve asset held by central banks worldwide. As global trust shifts, gold is proving once again to be the ultimate safe haven.
November 10, 2024: Europe is reportedly advancing toward a gold standard, potentially making gold a central component of its financial system.
This shift aims to stabilize economies amid inflation concerns, currency volatility, and growing distrust in fiat currency.
Central banks, particularly in Europe, are increasing gold reserves, signaling a shift in monetary policy.
This development could have major implications for global finance, impacting both currency markets and investment strategies.
Source: Moneymetals

Putin vows a fair world order after next BRICS summit

Addressing a year-end press conference that lasted more than four hours on Thursday, President Putin criticized the West's idea of a 'rules-based world order,' calling it non-existent and claiming that rules change based on political agendas.
He announced the 2024 BRICS summit in Kazan, under Russia's presidency, will aim to establish a fairer global order, dismissing the current narrative as unpredictable and driven by transient interests.
He stated the summit will 'demonstrate that there are enough forces in this world, powerful countries who want to live not by those unwritten rules, but rather by the rules enshrined in fundamental, cornerstone documents, which include the United Nations Charter...'
In October 2024, Russia will host the largest-ever BRICS summit in Kazan

EO on the National Quantum Initiative Advisory Committee

Donald Trump signed an Executive Order on Establishing the National Quantum Initiative Advisory Committee at White House, August 30, 2019.
Quantum Information Science (QIS) is an emerging field with the potential to cause revolutionary advances in fields of science and engineering involving computation, communication, precision measurement, and fundamental quantum science.
Sources:www.whitehouse.gov, en.wikipedia.org

WH Petition to Release SWISSINDO, NESARA, GESARA Gold

White House Petition: I Demand my $6m gold Payments, 1-11, for each of 7.6 billion people, under SWISSINDO, NESARA, GESARA International Laws
Created by N.C. on October 07, 2020
United States is violating all International laws, by trading illegally, outside Gold Mandate Laws of SWISSINDO, NESARA + GESARA, thereby causing Destruction, Impoverishment and Enslavement of Humanity, under US Corporate Dictatorships globally.
Sources:petitions.whitehouse.gov