Economic security is national security
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News Date: July 11, 2020President Donald Trump: We Cannot Have National Security Without Economic Security.
A Nation that does not protect prosperity at home cannot protect its interests abroad.
Under the banner of "economic security is national security," the Trump administration's corporate tax cuts now spur investment and catalyze innovation.
Sources: youtube.com, whitehouse.gov
Panic! Donald Trump retweeted the Kraken description
Lin Wood, the attorney of Donald Trump, tweeted On November 24 the post of The Marshall Report, describing what is the Kraken.Shortly President Donald Trump retweeted this post.
In our previous post, you can find the whole article related to Kraken.
Kraken is a Department of Defense-run cyber warfare program.
Sources: twitter.com, gesara.news
Gold rises despite global stocks tumble
Gold head higher on Monday, as global markets face significant declines.Gold Experts have already pointed out that the gold price will rise in the long term.
Inflation, government debt, and negative real interest rates are the main reasons for the rising of gold prices.
The world will finally realize why Gold and Silver were always the answer to prosperity.
Everything paper will take massive haircuts in the near future while Gold and Silver rise to new heights.
The Upside In Gold Is Unlimited
Pierre Lassonde:I think that the downside in gold is limited. The upside on gold at this point is unlimited. It's going to be far, far higher than people imagine.Source:kingworldnews.com
Dutch Central Bank Preparing for the Gold Standard
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
Taiwan's Currency Backed by Gold Reserves: Central Bank
A central bank official announced on Friday that Taiwan holds around 422 tonnes of gold in reserve, managed by the Central Bank of the Republic of China (Taiwan) to support the national currency.Of this, 410 tonnes are dedicated to backing the issuance of New Taiwan dollars, while a smaller portion is used every four years to mint commemorative coins for the inauguration of the president and vice president.
As of the first quarter of 2024, Taiwan ranks 12th globally in gold reserves.
Despite a significant increase in gold's value since its purchase in the 1970s, the central bank is not buying or selling its reserves.
Taiwan's unrealized gain from these reserves is nearly NT$900 billion due to gold's appreciation.