Digital Yuan for Cross-Border payments launched
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News Date: November 6, 2023
In Hong Kong, the Bank of China is leading the push for widespread cross-border usage of the digital yuan.
From experimental programs to cutting-edge applications, they have advanced.
One such application allows guests from the mainland to add more money to their Octopus cards using digital yuan.
In a different development, PetroChina successfully executed the first global trade of crude oil using e-CNY, the digital currency of the Chinese central bank, with the intention of extending its use worldwide.
As of June, transactions on China's highly advanced CBDC had totaled 1.8 trillion yuan.
FISA START and gold backed vaccines
Did Trump say the FISA vaccine? Yes, he did. This is the question of today.Did anyone notice how Trump pronounced the Pfizer vaccine-like FISA vaccine?
Trump said Pfizer perfectly clear, the other 3 times it is FISA, as in unsealed FISA Warrants.... which will be delivered via our military as evil folks are arrested. Gold...NESARA/GESARA. Vax = Arrests.
President Trump announced the COVID vaccine rollout within 24 hours. Note the curtains. He is... backed by gold.
Patriots believe that he is saying FISA instead of Pfizer in this speech. President Trump could be announcing DECLAS within 24 hours, including military intervention at this point and a big step towards the gold standard.
Sources: twitter.com, inteldinarchronicles.blogspot.com
Gold demand as a store of value
Central Banks Buying Gold Could Be Catalyst for $3,000 Gold Price.They have been net buyers of the yellow metal since 2010.
In the first quarter of 2022, they bought gold again, 84 tonnes of it.
Gold Price Analysis: XAUUSD to be in demand as a store of value given record inflation.
Economists expect the yellow metal to remain resilient as Eurozone inflation is set to hit a new record.
Sources: lombardiletter.com, www.fxstreet.com
The return to the golden age. The gold standard will rise again
The New $100 Bill Will Usher In A NEW Gold StandardIt seems like today's national leaders are gradually reaching a consensus about how the world's monetary system should be structured. They are getting ready to return to a gold standard system.
Source:forbes.com
China will forgive 23 loans for 17 African nations
China has pledged to forgive 23 interest-free loans for 17 African countries and will also provide food assistance to the struggling nations, China's foreign minister Wang Yi said at the Forum on China-Africa Cooperation.Mr. Wang also announced to increase imports from Africa, support the greater development of Africa's agricultural and manufacturing sectors, and expand cooperation in emerging industries.
Sources: news.com.au
Zimbabwe to back its currency with gold
Update: The IMF urged Zimbabwe to expedite currency reforms during a recent staff visit, emphasizing a move towards a market-driven exchange rate and the removal of existing distortions.Zimbabwe's Finance Minister announced new measures to stabilize its local currency in an online press briefing held Monday.
Zimbabwe to back its currency with hard assets such as gold to end exchange-rate instability, Finance Minister Mthuli Ncube said.
"The idea going forward is to make sure that we manage the growth of liquidity which has a high correlation to money supply growth and inflation.
The way to do that is to link the exchange rate to some hard asset such as gold," said Ncube.
He also announced a conference of African ministers that Zimbabwe will host at the end of this month.