Gold is real money, store of value, alternative to cash

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News Date: September 9, 2020

Schiff: Because I think they are also underestimating just how much inflation global central banks are going to create - in particular the Federal Reserve - and how much value the US dollar is going to lose against other fiat currencies, but in particular against real money, which is gold.
I don't even look at gold bullion as an investment. I look at it as a store of value - as an alternative to cash.
I think gold is going to make a much bigger rise against these fiat currencies. But as an investment, I think investors should be at gold mining stocks. Fed is not winning a long-term game. They continue to print money, devalue the currency, and continue to essentially run the American currency into the ground.
Peter responded saying that just because blockchain technology has value doesn't mean bitcoin itself does.
Sources:www.zerohedge.com

President Donald J. Trump is Establishing America's Space Force

Our destiny, beyond the Earth, is not only a matter of national identity but a matter of national security. President Donald J. Trump's Space Policy Directive-4 is a bold, strategic step toward guaranteeing American space dominance that sets the framework for establishing the United States Space Force.
Source:whitehouse.gov

Trump Allies Target Fed's Independence: WSJ

Some members of Trump's team are devising plans to restructure the Federal Reserve, which could grant the president direct influence over interest rate decisions and potentially remove the current Fed Chair, Jerome Powell, from office before his term ends in 2026.
This move is part of a broader strategy by Trump's allies to diminish the Federal Reserve's independence if he secures a second term, amidst internal disagreements among his advisers on how forcefully to challenge the central bank's authority.
> WSJ report<
This effort follows the federal government's actions in 2020, during Trump's tenure, where large portions of the financial markets were nationalized, with the Federal Reserve providing the necessary funds.
Notably, BlackRock was entrusted with executing the trades, effectively merging the Federal Reserve and Treasury into a singular entity.

Trump’s ‘Big Beautiful Bill’ Passes the Senate

🏛️ July 1, 2025: After a marathon vote-a-rama, the Senate has officially passed President Trump’s sweeping tax cut package — the “Big Beautiful Bill.” Backed by near-unanimous GOP support, the bill now returns to the House for final approval.
A major win for Trump, the legislation marks a pivotal step in reshaping U.S. tax and spending policy — and sets the stage for a historic signing.
🏛 June 29, 2025: In a narrow 51-49 vote, the Senate advanced President Trump’s signature tax and spending package late Saturday, setting up a potential final vote as early as Monday. All but two Republicans backed the bill, which has become a centerpiece of Trump’s second term agenda. Senators Rand Paul and Thom Tillis broke ranks, citing concerns over the debt limit and Medicaid reforms. Lawmakers are racing to finalize the legislation ahead of the July 4 deadline.
✅ May 22, 2025 - Trump Celebrates Passage of “The One, Big, Beautiful Bill” after the House passed what he’s calling “arguably the most significant piece of Legislation” in U.S. history.
The sweeping bill includes:
🚫 No tax on tips or overtime
💵 Tax deductions for American-made vehicles
💰 “Trump Savings Accounts” for newborns
🛡️ Stronger border security + ICE/Border Patrol pay raises
🏛️ Funding for the Golden Dome
Trump praised Speaker Mike Johnson and House Republicans, urging the Senate to “get to work” and deliver the bill to his desk without delay.
He didn’t hold back on Democrats either, accusing them of being “warped in the past” and promising their agenda “will NEVER AGAIN happen!”
🏛️ May 21, 2025 - President Trump’s major tax and spending overhaul has cleared a key procedural step in the Republican-led House. Despite internal divisions, the powerful Rules Committee approved the bill, setting it up for a full floor vote within hours. The legislation aims to extend Trump’s 2017 tax cuts, introduce new deductions for tipped workers and auto loans...
💥 May 18, 2025 - House Republicans push forward Trump’s ‘Big, Beautiful Bill’ in a rare late-night vote! Trump celebrates on Truth Social: "CONGRATULATIONS REPUBLICANS!!! MAKE AMERICA GREAT AGAIN!!!"
With July 4 as the New Deadline, Treasury Secretary Scott Bessent Rallies GOP to Deliver a Historic Megabill—A Vision of Renewed Prosperity and Patriotic Reform by Independence Day
April 10, 2025
Trump posted on social media: Great News! "The Big, Beautiful Bill" is coming along really well. Republicans are working together nicely. Biggest Tax Cuts in USA History!!! Getting close. DJT
April 2, 2025:
Republican lawmakers met with President Donald Trump as they push forward with his sweeping tax-cut plan. Senate advanced Trump's $4.5 Trillion Tax-Cut Package.
February 25, 2025:
The House Republican spending bill has passed.
The U.S. House advanced President Trump's tax cuts agenda on Tuesday, giving a major boost to his 2025 policy goals.
February 19, 2025:
President Donald Trump speaks at FII Institute's Priority Summit in Miami.
He plans to work with Republicans in Congress to 'dramatically' cut taxes.
'We're going to dramatically cut taxes for families and for workers and for companies, including no tax on tips, and hopefully, no tax on Social Security and no tax on overtime,' he said.
February 12, 2025:
House Republicans release budget plan, with trillions in tax and spending cuts.
House Republicans unveiled budget to advance Trump's agenda on border security, defense, energy, and taxes amid Senate competition.
January 26, 2025:
President Trump announced in Las Vegas that his legislative package with Republicans will include a pledge to eliminate taxes on tips.
Trump also suggested a no-tax policy at the Las Vegas rally: 'How about just no tax?'
November 30, 2024:
Republicans, holding control of the House, Senate, and White House, are planning an ambitious 100-day agenda focused on key priorities, starting with tax cuts.
Older news:
In 2025, Republicans' consolidated power in Washington positions President-elect Donald Trump to implement an ambitious agenda.
Key priorities include extending the 2017 tax cuts, funding the U.S.-Mexico border wall, reclaiming unused Democratic-allocated funds, and cutting government oversight by eliminating the Department of Education and curbing the powers of agencies like the Consumer Financial Protection Bureau.
These measures aim to stimulate economic growth, boost job creation, and tighten immigration control while addressing the challenge of managing the $35 trillion national debt.

Donald Trump: 1776, not 1619

President Trump made a huge statement: 1776, not 1619! 1619 project was when first slaves were brought to America. 1776 was Americas Declaration of Independence. All men are created equal.
We will completely defund and bar Critical Race Theory - 1776 not 1619, Trump said, referring to Jones highly controversial 1619 project, in which Jones asserts the United States was founded on the institution of slavery as well as the legalized discrimination against black Americans.
The declared purpose of the President Advisory 1776 Commission ordered by Trump in 2020, was to enable a rising generation to understand the history and principles of the founding of the United States in 1776 and to strive to form a more perfect Union.
Sources: t.me/real_DonaldJTrump, www.breitbart.com

Iraq is working on issuing a digital currency and deleting zeros from the dinar

Central Bank of Iraq: We are working on issuing a digital currency and deleting zeros from the dinar requires an atmosphere.
The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makheef, said on Tuesday that the bank is working on issuing digital currency to keep pace with the development of monetary transactions in the region and the world, stressing that deleting zeros from the local currency requires a calm economic atmosphere for that.
Sources: search4dinar