Dutch Central Bank Preparing for the Gold Standard

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News Date: November 3, 2022

Update from November 18, 2023:
The Dutch Central Bank (DNB) disclosed in a recent interview that it has modified its gold reserves to bring them into line with those of other nations within and outside the eurozone.
Motivated by political factors, this policy seeks to maintain strength and balance in reserves in relation to GDP.
Additionally, DNB proposed that during a financial crisis, an increase in the price of gold might make it possible to utilize official gold reserves as a stabilizing mechanism to uphold or create a new gold standard.
News from November 3, 2022:
Dutch Central Bank discussing Gold Revaluation
The DUTCH government openly discussed canceling debt by revaluation of the Gold price.
The Governor of the Dutch Central Bank stated the gold revaluation account ensures the solvency of his central bank in an interview on television about prospective losses.
Sources: gainesvillecoins

Satellites transferred to Space Force by October

While the Democrats in Congress are Trying to Abolish the Space Force, The chief of Space Operations announced the transfer of Army and Navy satellite communications billets, funding, and mission responsibility to the U.S. Space Force.
At the beginning of October, some of the satellite communications responsibilities of the US Army and US Navy will officially transfer to the hands of Space Force DoD.
The move puts basically all of the DODs narrowband, wideband, and protected SATCOM under control of the U.S. Space Force.
Now all of that training, operations, acquisition, and sustainment and follow-on activities, user allocations - all of that, will be consolidated under the Space Force to create that unity of effort, and hopefully gain the ability to be more resilient, more dynamic, and ultimately more efficient with that mission set.
Sources: www.defense.gov, www.theepochtimes.com

Welcome to Blockchain, Federal Reserve!

Once Anti-Bitcoin, JPMorgan Provides Banking Services to Crypto Exchanges Coinbase and Gemini.
Source:cointelegraph.com

National coin shortage getting worse

The nation's coin shortage, prompted by less cash circulating as a result of Covid-19 - is getting worse.
And believe it or not, cash is still being used in 49% of payments that are $10 or below, according to a recent study by the Federal Reserve Bank of San Francisco.
The irony of the situation lies in the fact that the Fed can print trillions for bonds, but can't come up with a couple of quarters to do its laundry.
Sources:www.bloomberg.com, zerohedge.com

Iran is interested in a unified currency with BRICS

Iran's Deputy Foreign Minister, Mahdi Safari, expressed interest on January 3 in creating a unified currency with BRICS nations, aiming to establish Tehran as a key banking center for the group.
Safari also praised the New Development Bank, established by BRICS in 2014, for its role in supporting joint projects and international cooperation among member states.
"We are interested in creating a unified currency in the BRICS group, and this could be very effective.
By using national currencies, the process of eliminating the use of the dollar in commercial exchanges begins, and we are interested in continuing this process," Safari stated in an interview with Sputnik.

Global Peace, Security, and Prosperity Proposals at SCO

At the Shanghai Cooperation Organization (SCO) meeting, Chinese President Xi Jinping proposed several initiatives to strengthen regional cooperation:
Solidarity and Mutual Trust: Emphasizing the importance of unity within the SCO.
Peace and Tranquility: Advocating for collective security among all countries.
Prosperity and Development: Promoting regional collaboration through agricultural technology, local economic trade, and environmental innovation. Encouraging the use of China's Beidou Satellite Navigation System and participation in the International Lunar Research Station. Offering digital technology training.
Good-Neighborliness and Friendship: Hosting 1,000 young people from SCO countries in China over the next five years for exchange opportunities.
Fairness and Justice: Supporting a multipolar world and inclusive economic globalization. The SCO should contribute to addressing global deficits in peace, development, security, and governance.
President Xi emphasized that the SCO's success is due to its solidarity and cooperation, and China, as the next president, will continue to work with SCO partners to pursue common progress and a shared future for mankind.