Eurasian alliance plans its own gold standard

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News Date: September 4, 2022

Towards the end of July, news emerged in the Russian media that Moscow and a number of its Eurasian allies are now reviewing a proposal to create an entirely new trading and pricing infrastructure for the international precious metals in order to both destroy London and New York's monopoly over global precious metals pricing and to stabilize the Russian gold market.
The basis of this new structure will be a new, specialized international precious metals brokerage headquartered in Moscow, which will rely on the MWS.
Russia is also proposing to fix prices of precious metals in the national currencies of key member countries or via a new monetary unit - such as the new BRICS currency proposed by Putin.
The price-fixing committee would include central banks and other large banks from the Eurasian Economic Union (EEU).
Member states of the EEU are Russia, Kazakhstan, Belarus, Kyrgyzstan, and Armenia.
The idea would be to make membership attractive to big gold players like China, India, Venezuela, Peru, and other South American countries.
Sources: kitco.com, bullionstar.com

HSBC introduces tokenized gold platform

HSBC is the First Bank in the World to Offer Tokenized Gold.
HSBC Holdings Plc, a major bullion bank, has introduced a platform that utilizes blockchain technology to tokenize ownership of gold stored in its London vault.
This platform generates digital tokens representing gold bars, making gold trading more accessible.
While initially targeting institutional investors, it plans to open up to retail investors where regulations allow.
HSBC's entry into the tokenized gold market is notable due to its significant role as a custodian of precious metals and a clearer on the London gold market.
The technology promises to streamline the process, allowing clients to easily track their gold ownership down to the serial number of each bar.
HSBC has been actively exploring blockchain technology and recently launched HSBC Orion, a tokenization platform for digital bonds, with successful applications in the market.

Jubilee Call for Debt Relief Reaches the White House

The U.S. Conference of Catholic Bishops and Jubilee USA Network urged President Trump to support global debt relief in a joint letter, citing the biblical Jubilee tradition of debt forgiveness. They argue that expanding debt relief stabilizes developing nations, boosts U.S. exports, and reduces domestic food and fuel prices. The letter, timed with a pause on new tariffs, praises Trump’s first-term debt relief efforts and frames the initiative as aligning with his “America First” agenda. While Trump hasn’t responded, the proposal’s economic benefits may appeal to him, though any commitment would likely hinge on clear U.S. advantages without straining resources.

Cuba considers joining the BRICS

Cuba's Ambassador to Russia considers the possibility of joining the BRICS.
Julio Antonio Garmendia Pena, Ambassador Extraordinary and Plenipotentiary of the Republic of Cuba to the Russian Federation, spoke about the possibility of joining BRICS.
'Cuba maintains trade relations with the countries of the association, stressing the importance of cooperation with Russia and China in various sectors of the economy. The trend towards expansion of the alliance offers the hope of achieving a multipolar world', the ambassador said.
Russia's Mir banking cards could start being used in Cuba by the end of the year, the ambassador said.
Sources: tvbrics.com

Top SECRET! Name code GESARA. The declaration of independence of the world

Alliance sources are claiming that NESARA no longer is needed in America, since Trump signed the revised Paris Agreement, in which GESARA was secretly embedded. Therefore, NESARA, which originally was destined for the Republic of America, has merged with GESARA.
Source:steemit.com

Central Bank digital currencies Competition

China CBDC Pilot Program Beats West to the Punch.
Chinas Ministry of Commerce has announced the pilot run of the country's central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau.
Bitcoin and Facebooks Libra cryptocurrency may eventually be in competition with central bank digital currencies.
Source:www.securities.io, www.forbes.com