Fed policies will be rocket fuel for gold and silver
Gesara.news » News » Fed policies will be rocket fuel for gold and silverNews Date: September 14, 2020
Fed policies that are coming soon on inflation, and interest rate suppression will be rocket fuel for gold and silver. And gold and silver are just getting started. If Bitcoin is $10,000 per unit, why cannot gold be $5,000, $10,000 or $15,000 per ounce? With the amount of dollars out there, it could easily be $5,000 or $8,000 per ounce, and that is where it is headed.
The bond market will eventually collapse, but the biggest collapse coming is the faith in all fiat currencies.
Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin, USD Coin (USDC). USD Coin is on the Ethereum blockchain. The execution of issuing and redeeming USDC tokens is ensured with ERC-20 smart contract.
A district court in China has reportedly ruled that Ethereum's cryptocurrency is legal property with economic value.
While cryptocurrency is not legal tender in China, people can hold and transfer them like property.
Currencycloud, the global leader in providing embedded B2B cross-border payments for platforms of the future, announced a partnership with Ripple, the enterprise blockchain solution for global payments. RippleNet, Ripple's global financial payments network, makes it easy for its diverse network of financial institutions worldwide to enable faster, lower-cost payments around the world.
Visa partner Currencycloud is now working with Ripple to expand their business-to-business cross-border payments platform.
16: Ceases all aggressive, U.S. government military actions worldwide.
17: Establishes peace throughout the world.
Trump office Facts:
Donald Trump is ending endless war
US pulls troops out of Libya amid rise in violence
New in 2020: Will Trump pull the US military out of Iraq and Syria?
Afghan conflict: US and Taliban sign deal to end 18-year war
Trump confirms plans to pull some US troops out of Germany
Peace Treaty on Korean Peninsula
Gold cannot be destroyed by Water, Time, Fire.
Gold doesn't need Feeding, Fertilizer, Maintenance.
Gold is Malleable, Ductile, Beautiful, Rare.
Trump is forcing the Federal Reserve to buy up all of the bad loans that are out there and own the debt under stocks through BlackRock's trading. This forces the Federal Reserve to hedge for the economy and not against.
If the Federal Reserve owns more than 15% of America's debt, it can play it safe and exit at any time, but if they owned, let's say 50%, their decision to keep this bad investment comes into play. Owning half of the largest economy's debt may force the Federal Reserve to either declare bankruptcy or ask to be bought out.