China imports gold to revive an economy
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News 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.
Source: reuters.com
Gold's role in the Global Monetary Reset
Gold will play a big role in the coming global 'monetary reset'.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.
Sources: kitco.com
Nikola Tesla And Trump Connections. Coincidences or time travel?
In 1943, two days after Nikola Tesla died destitute in a New York City hotel, the FBI called MIT professor and esteemed electrical engineer, John G. Trump (in fact the late uncle of Donald J. Trump), to determine if any of the belongings in the inventors estate-which included a purported weapon of mass destruction Tesla called the death ray-would be dangerous if they fell into enemy hands.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
BRICS Alternatives to SWIFT
BRICS is the acronym denoting the emerging national economies of Brazil, Russia, India, China, and South Africa.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
Scientist Behind The Navy's "UFO Patents" Has Now Filed One For A Compact Fusion Reactor
It is claimed in the patent application that this plasma compression fusion device is capable of producing power in the gigawatt (1 billion watts) to terawatt (1 trillion watts) range and above with input power only in the kilowatt (1,000 watts) to megawatt (1,000,000 watts) range. By comparison, America's largest nuclear power plant, the Palo Verde nuclear power plant in Arizona, generates around 4,000 megawatts (4 gigawatts), and the A1B nuclear reactors designed for the Navy's Gerald R. Ford-class aircraft carriers generate around 700 megawatts. The patent even claims that the device can "possibly lead to ignition plasma burn, that is self-sustained plasma burn without need for external input power."Source:thedrive.com
Quantum computing finance shining in the Wall Street
The quantum computing is the latest shiny new thing of Wall Street. A fundamentally new kind of computing will shake up finance - the question is when...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