Central Banks lost control! Gold currency trust

Gesara.news » News » Central Banks lost control! Gold currency trust

Share via:

News Date: August 26, 2020

Major central banks have totally lost control and the world economy is now floating around helplessly without direction.
Since sound money must be scarce, fiat money can never be sound since unlimited amounts can be and have been created. One of the very important features of gold is that it is scarce. The total global gold stock only increases by 1.7% or 3,000 tones per annum.
So scarcity is one of the important reasons why gold is the only currency that has survived in history.
Source:www.zerohedge.com

Iraq focuses on BRICS

Iraqi MP Zeinab Al-Mousawi, a prominent member of the parliamentary Oil and Energy Committee, urged the government to make joining the BRICS group a top priority.
Mousawi stressed that this move would bring numerous economic benefits to Iraq, including expanded trade opportunities and enhanced economic independence.
Mousawi stated that BRICS members "are rich in oil, metals, rare minerals used in technological industries, and grains."
Iraq is blessed with abundant resources, including extensive oil reserves, fertile land for agriculture, natural gas, and minerals.
We want to be "Free of Washington's financial and trade restrictions," Mousawi summed it up to Amwaj Media.

Banks Are Restocking Gold

Banks Are Restocking Gold at Fastest Pace in Years.
The Comex vaults have been steadily depleted over the last several months, however, 1.6M ounces of gold just showed up since March 1.
This is the largest inflow since October 2020 and we are only halfway through March!
This may be simply a restock of the metal lost in Jan and Feb.
It's also possible this is being used to support the massive delivery volume being seen in the historically quiet month of March.
But a third possibility is that the banks are preparing for massive delivery volume in April.
Source: schiffgold.com

Petition at W.H. to help the Germans to free from Merkel

Petition created at White House to help the German people to free themselves from Angela Merkel and her shadow government.
Created by B.H. on July 04, 2020.
Angela Merkel (born Aniela Dorota Kazmierczak, then "Germanized" in Angela Dorothea Kasner) has been the German Chancellor since 2005 and is presumably a DEEP STATE Puppet and is probably bought and manipulated by George Soros.
Source: petitions.whitehouse.gov

US treasury dollar on the US Debt Clock

No more federal reserve note on USDebtClock.org. Now called US treasury dollar.
The U.S. Debt Clock no longer shows the Federal Reserve Note.
It's now three U.S. Treasury Dollar. Dollar to gold ratio and Dollar to silver ratio is still zero.

Russia is working on stablecoin pegged to gold

Russian gov't working on stablecoin settlement platform between friendly nations.
Russia's Finance Ministry has reportedly begun working with the governments of 'friendly' nations to establish a cross-border stablecoin-based payments platform.
'Stablecoins can be pegged to some generally recognized instrument, for example, gold, the value of which is clear and appreciable for all parties involved,' said Alexey Moiseev.
Sources: cointelegraph.com