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Central Banks lost control! Gold currency trust

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

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

Russia Proposes New Standard for precious metals market

Russia Proposes New Standard To break the London Bullion Market Association (LBMA) monopoly on gold.
It is proposed to 'place a specialized international precious metals exchange headquartered in Moscow' using the 'new international standard MWS' as the 'basis of the structure.'
It is also proposed to establish a Price Fixing Committee.
Subject to the application of the MWS standard, it will include the central banks and the largest banks of the Eurasian Economic Union countries represented in the precious metals market.
According to the Russian department, it is necessary to 'bet on fixing prices in the national currencies of the key member countries, or on new units of international settlements, such as the new unit of settlements proposed by the president of Russia within the member countries of the BRICS organization.'
Sources: gata.org

He did it! NESARA in Executive orders and bills

President Donald Trump's first executive order today provides a payroll tax holiday to Americans earning less than $100,000 per year.
The second executive order today protects Americans from eviction.
The third executive order provides for the continuation of expanded unemployment benefits.
The fourth directive today extends relief to student loan borrowers through the end of the year.
President Trump also signed two important bills for our veterans-expanding eligibility for veterans with blindness and requiring the VA to establish a treatment court program.
Source:twitter.com

Atomic race joint statement

5 nuclear-weapon states vow no arms race in a joint statement.
China, Russia, Britain, The United States, and France have agreed that a further spread of nuclear arms and nuclear war should be avoided.
They have released a joint statement affirming their opposition to using their nuclear arsenals for offensive purposes.
They also promised to work together on nuclear disarmament.
Source: reuters.com

Trump announces historic deal between Serbia and Kosovo

Serbia and Kosovo have agreed to normalize economic relations, following U.S.-brokered talks that include Serbia moving its Israeli embassy to Jerusalem and Kosovo formally recognizing Israel.
U.S. President Donald Trump made the announcement Friday, after meeting with Kosovo Prime Minister Avdullah Hoti and Serbian President Aleksandar Vucic in the Oval Office earlier in the day.
Sources:twitter.com/WhiteHouse, www.voanews.com

Coin shortage hits retailers, laundromats, tooth fairy

The national coin shortage has been an unusual side effect of the pandemic. Among its victims? Retailers, laundromats and even the tooth fairy.
Retailers large and small have urged shoppers to use cards or exact change whenever possible.
As the shortage persists, it's become clear that there are still some conundrums that only coins can solve.
Source:www.foxbusiness.com

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