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

Hong Kong to Become International Gold Trading Hub

John Lee, Chief Executive of the Hong Kong Special Administrative Region, announced plans to develop Hong Kong into an international gold trading center during his third policy address.
He emphasized that Hong Kong is already one of the largest gold import and export markets by volume.
Given the current geopolitical complexities, Lee highlighted Hong Kong's advantages in security and stability, making it an attractive location for gold investors.
This move is expected to boost related activities such as gold trading, settlement, and delivery.
"This will spur development of the related industry chain, ranging from investment transactions, derivatives, insurance, storage, to trading and logistic services," Lee said.

The World Aligns with Prophecy. Choose wisely

Events around the world seem to align more and more with biblical prophecy. Conflicts, financial turmoil, and global resets are reminders that history is moving toward its ultimate conclusion.

✝️ “I am the Way, the Truth, and the Life.” – John 14:6

GESARA, politics, and global systems can be corrupted by man or even twisted by the enemy. But the Kingdom of God cannot be shaken. This is the good news we hold on to.

❤️ Choose wisely. Choose Love. Choose Jesus. This is the only reset that leads to true freedom and eternal life.

📖 “Set your minds on things above, not on earthly things.” – Colossians 3:2

💌 Much love to you! Keep your heart on Heaven, where your true home is.

Experimental Tesla Tower in Texas confirmed

Viziv Technologies has really built an experimental Tesla Tower in Texas to distribute wireless energy long distances, one hundred years after Nikola Tesla's Wardenclyffe Tower has abandoned.
Also, Elon Musk Moved to Texas: Tesla CEO is a Texan Now.
He has confirmed his residential move to Texas as of December 8th.
The exact region of Texas has not been identified.
Source: youtube.com

Lebanon Cancels Central Bank Debts, Which is next?

Lebanon Recovery Plan Includes Central Bank Debt Write-Off, Haircuts to Depositors.
The government foresees canceling a large part of the central bank's foreign currency obligations to commercial banks.
The plan includes several measures that are prerequisites to unlock funds from a preliminary deal with the IMF agreed in April.
Sources: usnews.com

China is emerging as IMF competitor

China gave tens of billions in secretive 'emergency loans' to vulnerable nations, emerging as world's major creditor and IMF competitor.
China has shelled out tens of billions in opaque 'emergency loans' for at-risk nations, indicating a shift to providing short-term emergency lending rather than longer-term infrastructure loans.
Source: fortune.com