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News Date: June 1, 2022

Central Banks Buying Gold Could Be Catalyst for $3,000 Gold Price.
They have been net buyers of the yellow metal since 2010.
In the first quarter of 2022, they bought gold again, 84 tonnes of it.
Gold Price Analysis: XAUUSD to be in demand as a store of value given record inflation.
Economists expect the yellow metal to remain resilient as Eurozone inflation is set to hit a new record.

PPP Loan Forgiveness Procedures

Procedures for Lender Submission of Paycheck Protection Program Loan Forgiveness Decisions to SBA and SBA Forgiveness Loan.
The purpose of this Notice is to inform Paycheck Protection Program (PPP) Lenders of the processes for submitting decisions on PPP borrower loan forgiveness applications to SBA, requesting payment of the forgiveness amount determined by the Lender, SBA loan forgiveness reviews and payment of the loan forgiveness amount determined by SBA.
The PPP Forgiveness Platform will go live and begin accepting Lender submissions on August 10, 2020, subject to extension if any new legislative amendments to the forgiveness process necessitate changes to the system.

Quantum Banking System, quantum-grammar construct

Quantum-Banking system is the Declaration of Independence of the world, ending the Socialist Fiat debt system.
Russell-Jay Gould, Post-Master-General on Quantum-Grammar, Quantum-Banking:
Quantum-grammar essentially offers a mathematical way to write contracts in a proper and correct way which cannot be misunderstood, upholds integrity in contracting, and holds all parties duly accountable for whatever they promise to deliver. Unlike English, which is rife with confusion and carries contradictions and denials that most people know nothing about-prefixes like un and re for instance are negations-but which manipulative central bankers, moneyed bloodline families, and long lineages of moneylenders have operated to their secret advantage and to the detriment of the ignorant citizenry, quantum-grammar puts everything on the table in plain sight and precludes any kind of shoring up of advantage by anyone, while holding people to their word. Using quantum-grammar and proper ways to contract with each other and create the systems-banking, judicial, educational, communicational which will truly work for us.,

Ripple XRP - Gold standard

Three reasons why Ripple XRP can be the gold standard soon:
1.President Trump's nominee for the Federal Reserve board of governors, Judy Shelton, has advocated for getting back to a gold standard, possibly "in a very cryptocurrency way". She Faces Senate Committee Vote This Week;
2.There are close connections or relations between Donald Trump and Ripple board;
3.Ripple XRP already has Support in the US Federal Register New Rule.

Gold rush. Welcome to the era of gold!

Gold, silver coin demand surging, straining U.S. Mint capacity.
The US Mint is limiting the distribution of its gold, silver, and platinum coins to specific dealers because of heavy demand, and a limited number of suppliers of metals.
Unprecedented silver demand forcing bullion deals to stop taking orders before the market opens.
After creating massive short-squeezes in stocks like Gamestop, Blackberry, and AMC, retail investors mobilized over social media started to focus on the silver market.

Gold revaluation to write off the debt

The more debt is being accumulated on the balance sheets of European central banks, the more likely they will revalue gold to write off this debt.
One possible solution is that central banks use unrealized gains of the gold on their balance sheet to write off sovereign bonds, providing debt relief to their governments.
Revaluing gold to write off bad debt would require central banks to set a floor price for gold.
If a central bank uses its revaluation account fully, the gold price ideally doesn't fall back or this central bank will incur unrealized losses.
As such, the central bank would need to stabilize the gold price, which is a form of a gold standard.

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