Economists Discuss Russia, China Developing Gold-Backed Currency
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Date: November 11, 2022
Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar.
Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold.
Sources: news.bitcoin
China increased Russian gold import
Russian Gold Rerouted to China Amid Western Ban.China imported $108.8 million worth of Russian gold in July - a 750% increase from June and a 4,800% increase from the same month last year.
China may be just one of several important new destinations for Russian gold in Asia and the Middle East.
Source: themoscowtimes.com
Bank Of England: Cash Is Trash
Last week the U.K. Bank of England raised interest rates to 1.75%.This was meant to seem butch, but frankly 1.75% interest rates is historically the equivalent of zippo. The market didn't care much.
The 1 yen coin used to be gold, it is now aluminum.
The yen never recovered from its periods of inflation, but Japan's economy did and huge wealth was created, so in the end in periods of inflation, cash is trash.
Sources: forbes.com
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
The Gold Standard Monetary Reset
Did Russia Intentionally Trigger A Monetary System Reset?Russian central bank to restart buying gold from banks will pay fixed price from March 28.
Russia Central Bank Announces Ruble Bound to Gold! 5000 Rubles per Gram.
By pegging gold to the ruble, Russia has just wiped out the dollar's clout from the world markets.
Moscow Will Consider Bitcoin, Gold, and Ruble Payments for Natural Gas.
Lavrov pushes for more active Russia-India-China cooperation, calls it 'Troika'.
Iran wants to trade with Russia in national currencies.
Lavrov: Russia, China Moving Towards Multipolar 'Fair World Order'.
Source: tfiglobalnews.com, youtube.com
The Gold Standard Restoration Act in the House
Rep. Alex Mooney addressed the House on the Gold Standard Restoration Act:'My bill would return the U.S. to the gold standard, protect against Washington's irresponsible spending habits and the creation of money out of thin air.
Prices would be shaped by economics rather than the instincts of bureaucrats.
No longer would our economy be at the mercy of the Federal Reserve and reckless Washington spenders', Alex Mooney said.
Sources: twitter.com