China imports gold to revive an economy
Gesara.news » News » China imports gold to revive an economyNews Date: August 25, 2022
China's net gold imports via Hong Kong jumped to a nine-month high in July, data showed on Thursday, with banks snapping up bullion as Beijing works to revive an economy.
Net imports stood at 48.773 tons in July, compared with 40.563 tons in June.
Total gold imports via Hong Kong were up nearly 23.7 percent to 53.91 tons.
A global monetary reset is inevitable, as fiat currencies are being debased due to excessive money printing.
The U.S. dollar will be dethroned as the dominant global reserve currency by currencies backed by a basket of commodities including gold, according to Maxime Bernier, Founder and Leader of The People's Party of Canada.
An International reserve currency based on a basket of currencies is under consideration, Russian President Vladimir Putin said on June 22 at the BRICS Business Forum.
After studying time machine notes and inventions of Nikola Tesla he told the government he did not find anything. He could have lied to keep the inventions to himself and out of the hands of the government.
However, The Mystery of Nikola Tesla Missing Files remain.
Donald Trump about his uncle: He was a great expert. He was a great, brilliant genius.
The book written in 1893 called Baron Trumps Marvelous Underground Journey, is about a boy named Baron Trump who found a portal and used it for time travel. That name might sound familiar to you. Donald Trump youngest son is Baron Trump.
Three years later in 1896 the same author writes a sequel to the book and he calls it the last president. The book is about a very wealthy man who lived in New York in 5th avenue who ran for president.
Trump used to live before he went to the White House at 725 5th Avenue, New York.
Sources: www.youtube.com, www.youtube.com
It is a growing eastern world alliance led by China.
In another effort to reduce their dependence on the US dollar, BRICS members have been building their own global payment infrastructures for international transactions that are independent of the US dollar and can serve as alternatives to SWIFT, the leading messaging network for financial transactions worldwide.
This allows BRICS members, especially those who are often subjects of US sanctions, to create their own rules for international banking and settlement. Moreover, by extending alternative financial infrastructure to other countries and regions, BRICS can create greater buy-in for their own system and increase their financial and political influence through this alternative system.
Some BRICS members have independently developed their own cross-border payment mechanisms in recent years.
Both Russia and China have launched their national alternatives to the SWIFT global banking network and introduced their systems to broader global markets. Source: www.cambridge.org
Simple algorithms could be in use within 18 months, with credit-scoring a plausible early application.
For many problems, a quantum computer with thousands of stable qubits is provably far faster than any non-quantum machine that could ever be built.
Sources: www.multiversecomputing.com, www.economist.com