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Central banks bought a record amount of gold

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Date: November 1, 2022

Record central bank buying lifts global gold demand, WGC says.
Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping to lift global demand for the metal, the World Gold Council (WGC) said on Tuesday.
Sources: reuters.com

Gold is real money, store of value, alternative to cash

Schiff: Because I think they are also underestimating just how much inflation global central banks are going to create - in particular the Federal Reserve - and how much value the US dollar is going to lose against other fiat currencies, but in particular against real money, which is gold.
I don't even look at gold bullion as an investment. I look at it as a store of value - as an alternative to cash.
I think gold is going to make a much bigger rise against these fiat currencies. But as an investment, I think investors should be at gold mining stocks. Fed is not winning a long-term game. They continue to print money, devalue the currency, and continue to essentially run the American currency into the ground.
Peter responded saying that just because blockchain technology has value doesn't mean bitcoin itself does.
Sources:www.zerohedge.com

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

Next generation supersonic jet

Virgin released a few fantastic conceptual designs of the new supersonic commercial aircraft that would have the capacity for 9 to 19 people at an altitude above 60,000 feet.
The now-retired Concorde flew at average cruising speed around Mach 2, which would mean the Virgin aircraft could hit speeds over 2,300 mph, or about 50% faster.
Sources:liveandletsfly.com, www.zerohedge.com

Syria in secret negotiations with Israel for peace deal

Syria is widely believed to be in secret talks with Israel for peace deal.
A widespread belief has emerged recently in diplomatic corridors about the presence of secret negotiations between Israel and Syria, the London-based Asharq Al-Awsat newspaper reported Sunday.
Sources:www.israelnationalnews.com, worldisraelnews.com

Putin, Xi To Sign a 'New Era' Declaration

Kremlin: Putin, Xi To Sign Declaration On 'New Era' Ties.
Russian President Vladimir Putin and Chinese leader President Xi Jinping will sign an agreement ushering in a 'new era' of ties during talks in Moscow next week, a Kremlin official said Friday.

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