Egypt is expected to join BRICS

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News Date: August 30, 2022

Egypt plans to issue yuan-denominated bonds worth more than $500 million - Finance Minister Mohamed Maait.
Russia is negotiating the use of Mir payment card with several countries, including Egypt.
There are reports of Egypt preparing apps to join BRICS.
The president of the BRICS International Forum expects Turkey, Egypt, and Saudi Arabia to join the group "very soon".
Source: reuters.com

Russia to use digital ruble in settlements with China

Russia plans to use digital rouble in settlements with China, says lawmaker.
After launching a digital rouble early next year, Russia plans to use the currency in mutual settlements with China as it seeks to reduce Washington's global financial hegemony, a senior Russian lawmaker said on Monday.
Sources: reuters

What is the Gold Standard

Gold standard, monetary system in which the standard unit of currency is a fixed quantity of gold or is kept at the value of a fixed quantity of gold. The currency is freely convertible at home or abroad into a fixed amount of gold per unit of currency.
In an international gold-standard system, gold or a currency that is convertible into gold at a fixed price is used as a medium of international payments. Under such a system, exchange rates between countries are fixed; if exchange rates rise above or fall below the fixed mint rate by more than the cost of shipping gold from one country to another, large gold inflows or outflows occur until the rates return to the official level.
President Franklin Roosevelt suspended the gold standard in 1933, a move which is widely credited with helping the country climb out of the Depression.
Sources: youtube.com, www.cbsnews.com

The Real Transfer No One Talks About

Those promoting a “great wealth transfer” 🌍💸 speak of opportunity, redistribution, and a coming shift of power. But rarely do they mention the hidden cost — the compromise, the alignment with systems that may demand more than participation. Scripture warns that in the last days, economic control and spiritual allegiance can intertwine (Revelation 13) ⚠️.
The Bible does speak about wealth shifting — “The wealth of the sinner is stored up for the righteous” (Proverbs 13:22). But this is not merely a financial event. It is part of a greater redemption story. It is not about material protection — it is about restoration and alignment with God’s justice.
Because the true treasure is not currency. “Do not store up for yourselves treasures on earth… but store up treasures in heaven” (Matthew 6:19-20) ✨. And again, “What does it profit a man to gain the whole world and forfeit his soul?” (Mark 8:36).
Our goal is not to secure a system — but to secure our salvation. Not to inherit temporary wealth — but to return home, to the Kingdom of Christ 👑🤍, where the real riches are eternal.
Let God handle the transfer. We focus on redemption.

Trump's Fed Nominee Advocates a Gold-Backed Currency, Even a Crypto One

Judy Shelton, President Trump's nominee for the Federal Reserve board of governors, has advocated for getting back to a gold standard, possibly "in a very cryptocurrency way." In an interview, Judy Shelton told reporters:
"I don't see it so much as returning [to the gold standard], more like 'back to the future.' I think that what a gold standard stands for is monetary discipline for its own sake. Money is supposed to be a unit of account, a reliable measure and a dependable store of value. It really shouldn't be subject to who's the chairman of the Federal Reserve."
Source:cointelegraph.com

Gold has the historic value

Russia holds world's fifth-largest gold & foreign currency reserves.
Russia has reached a historic record in international reserves, ranking fifth in the world after China, Japan, Switzerland, and India, the Accounts Chamber said after an audit of the country's gold and foreign exchange holdings.
Gold proves its intrinsic value over time, as a hoard of Roman gold coins recovered from the seabed.
The horde was identified after two amateur free divers discovered coins in the bay of Portitxol in Xabia.
Sources: www.heritagedaily.com