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 dollar’s long reign and establish itself as the new de facto reserve currency.
Source: www.kitco.com

Trump's objective is to abolish the IRS

February 25, 2025:
Doug O'Donnell, the acting head of the IRS, is set to announce his retirement amid significant disruptions at the agency. His departure follows recent layoffs initiated by the Trump administration and an attempt by personnel from the Department of Government Efficiency (DOGE) to access taxpayer data. The move comes at a time of mounting challenges for the tax collection agency.
February 20, 2025:
Commerce Secretary Howard Lutnick stated on Fox News that President Trump's objective is to abolish the IRS, aligning with his broader vision of replacing federal income taxes with tariffs on foreign nations.
Lutnick emphasized that the administration aims to balance the U.S. budget by the end of Trump's term, reinforcing Trump's economic and fiscal agenda.
"I am so pumped up for it," Lutnick declared on Jesse Watters Primetime, highlighting plans for an "External Revenue Service" to oversee alternative revenue sources.

The world awaits the leader of the free world

Senator Gerard Rennick: This election is not over in the states 17 states just sued the other states and we will see who is the leader of the free world come back next year.
Australian Senate awaits the results of the election for the Free World. The world is depending on the US election, on POTUS.
In the Australian Senate Senator Rennick from Queensland keeps his colleagues up to date with the latest lawsuit by 18 states to overturn the American presidential election.
Sources: twitter.com

Russia will abolish the VAT (tax) on bullion

The government will abolish the VAT (tax) on bullion.
This Bill will go to the State Duma on March 4.
Going forward - when purchasing gold bars or other precious metals from a bank, the 20% current tax on top of its value will not apply.
This is a way to ensure people can invest securely in something other than the dollar (usually people hold their cash in dollars as the ruble is volatile.)
PM advises foreign businesses that competitors will take their place.
This is a step toward treating gold and silver as money instead of as commodities.
Source: t.me

Putin: Western banking system to end

Putin made some startling remarks addressing the VTB investment forum in Moscow on Thursday about the threat to the archaic financial system.
"The Western financial system is becoming outdated because of new technologies and could lose its dominant global position in the near future!
According to experts, in the coming years, this will lead to a revolution that will finally undermine the monopoly of large Western banks."
He also stated that these financial institutions are not in the best condition at this moment.

Ripple and SWIFT on one platform

IBIS announced that its customers will be able to connect to Ripple and SWIFT in their pockets, on one platform. In that sense, IBIS stated that its customers will have unlimited banking possibilities. SWIFFRoute customers will be able to process payments through RippleNet and an out of the box banking integration.
Source:www.crypto-news-flash.com