WH can take executive action on the stimulus anyway

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News Date: August 7, 2020

Congress could agree on the stimulus package deal Friday but Trump floats executive action even if stimulus deal is reached.
White House is finalizing a series of executive orders addressing key coronavirus stimulus priorities if negotiations with Congress fall apart.
"I wouldn't be surprised that, if something gets left off the table, we'd be like "we can take this executive action too and be able to win on it anyway," one official said.
Sources:www.cnet.com, www.axios.com

Cryptocurrencies backed by gold and shares

Unlike most other cryptocurrencies, YEM is backed by gold and also by 100 000 shares of SafeZone, Inc
Official website: yemfoundation.org/faq
Gold-backed cryptocurrency is a type of crypto stablecoin where each token is backed with physical gold. With the token price pegged to the gold price, there is less price volatility compared to Bitcoin or other altcoins.
A guide to gold-backed cryptocurrency:
goldscape.net
Also, Beijing announces a digital currency backed by gold:
consortiumnews.com

Richard Grenell listed as president

Ladies and Gentlemen, let me introduce the interim president of the United States of America!?
Richard Grenell: I will run up the stairs without tripping and then announce a plethora of Executive Orders. Stay tuned.
A former acting director of national intelligence turned potential Republican candidate for governor of California, gleefully seized on an error by Google on Saturday, promising a plethora of executive orders after the search giant listed him as President of the United States since 2021. The information appeared to come directly from Wikipedia, which is automatically used by Google in searches where it is then often stated as fact.
The military is in control? White hats are in control of Google? You decide...
Sources: twitter.com, www.theguardian.com

The Quantum Revolution

How Quantum Computing Will Transform Life:
Quantum computing remains a nascent technology, but its potential is already being felt across many sectors.
From healthcare to finance to artificial intelligence, we look at the industries poised to be reshaped by quantum computers.
Quantum computers could help improve by parsing through data more quickly, running better forecasting models, and more accurate weighing conflicting possibilities.
They could also help solve complex optimization problems related to tasks like portfolio risk optimization and fraud detection.
Sources: www.cbinsights.com

SWIFT plans new service, Digital EURO on the horizon

SWIFT announced plans for a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. The service will enable these bank customers to make faster, easier, predictable and competitively priced payments all around the world.
The European Central Bank (ECB) announced that it will start conducting experiments to decide whether to launch a digital euro. In a report setting out the pros and cons of launching a digital euro, the ECB said that it could support the Eurosystems objectives by providing citizens with a safe form of money in the fast-changing digital world.
Sources:www.swift.com, www.euronews.com

What is a silver short squeeze?

The idea of a silver squeeze, in very basic terms, is this: The silver price - so the theory goes - has been artificially held down by people (hedge funds, institutions, etc.) who "short" silver. This means they are betting that the price of silver will fall.
To short, or short-sell means borrowing a share or commodity, and then selling it. If the price falls, I can buy it back at a lower price, return it to the lender, and pocket the difference. But if the price rises, I am forced to buy it back at a higher price, and I lose money.
If a lot of new investors rush to buy silver, raising the price, the short-sellers will be forced to buy it back at a much greater price. This ever-increasing upward pressure forces prices higher. It is more complex than that, but this is the bones of a silver squeeze.
This is a movement to help level the playing field between everyday people and the billionaires who control the big financial institutions that control the money, and thus control us. It is a movement to wake people up to what is been happening, and to help us, together, start to reclaim the power we have unwittingly allowed others to have over our lives. Big banks have made big fortunes by manipulating the silver market for decades. Although many have tried, and some have come close, no one has been strong enough to completely break their stranglehold. Until now.
The silver market is the Achilles heel of the old system, and its time has come.
Sources: silverseek.com, www.fool.co.uk