Gold To Return As Reserve Currency
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News Date: July 13, 2020
The global monetary system as you know it is already falling out from beneath your feet.
Smart investors should already be pouring money back into silver and gold before global monetary system collapse.
But now, experts like Peter Schiff, chief executive officer of Euro Pacific Capital, are betting on gold to topple the dollarâs long reign and establish itself as the new de facto reserve currency.
Source: www.kitco.com
Challenging The G7
BRICS plus nations in the Global South could represent a sea change in the West's global institutions.The West has traditionally dominated global groupings of leaders, most notably the G8, which included Russia until 2014 and is now the G7.
That is an inter-governmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, with the European Union is a 'non-enumerated member'.
Russia is ready to develop a global reserve currency together with China and other members of the BRICS group of nations.
It could be based on a basket of currencies from the organization's members.
One possibility is that the BRICS basket currency could attract the reserves not just of the group's members, but also countries already in their range of influence.
These include nations in South Asia and the Middle East.
Sources: silkroadbriefing.com
BRICS planning SWIFT competitor
The BRICS nations, have announced plans to establish their own money-transferring network, aiming to challenge the SWIFT international payment system.Russian Finance Minister Anton Siluanov revealed this ambitious strategy in an interview with TASS news agency.
This initiative is geared toward enabling seamless cross-border transactions among BRICS member countries, reducing costs and risks associated with external financial intermediaries.
It also seeks to promote the use of BRICS currencies in international trade, potentially diminishing the dominance of the US dollar.
The BRICS network aims to rival SWIFT's capabilities by developing advanced payment infrastructure and cybersecurity measures.
While benefiting BRICS nations, it could also enhance competition and efficiency in the global financial system, benefiting businesses and individuals worldwide.
This move signifies the BRICS nations' determination to reduce reliance on Western financial systems and assert more influence in global finance.
The Art of the Deal for Prosperity
Stocks soar as President Donald Trump announces a 90-day pause on tariffs, putting the operation on hold-perhaps a master test in play-while simultaneously raising the tariff rate for China to 125%, effective immediately.Trump signaled his intent to help the world ahead of the move, declaring on social media: 'This is a great time to buy!' - DJT.
Trump acted as one of the greatest market influencers of our time, with a move that suggests genuine intent to benefit the world. His actions reflect a clear concern for the well-being of the people.
President Trump: China "wants to make a deal" and is in the process of "figuring it out."
Trump orchestrated this operation to test his partners and see who he can truly rely on under the pressure of trade negotiations.
Bill Ackman: 'tariffs' move "brilliantly executed," as in the "textbook, Art of the Deal".
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
Speeding up the BRICS - SCO payment system
A new, "cutting-edge" payment system for the currencies of the Shanghai Cooperation Organization (SCO) and BRICS countries should be established as soon as possible, according to the chairman of Russia's National Economic Development Organization VEB.RF, Igor Shuvalov.In his remarks at a Russian-Chinese Business Forum on Tuesday in Shanghai, Shuvalov emphasized the need for Russia and China to hasten the development of an effective payment system.
"We urge the government of the Russian Federation and our Chinese partners to act as actively as possible.
An independent and efficient infrastructure of payments is necessary not only for ensuring the "ruble/yuan" pair but also for carrying out the most serious transactions in SCO and BRICS currencies," said Shuvalov.


