Gold and Rubles Exchanged in Digital Form

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Date: February 10, 2023

Digital Gold Traded for Digital Rubles by Russia's Rosbank.
Rosbank has brokered Russia's first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble.
Source: bitcoin.com

Saudi Arabia joins SCO

Riyadh joins Shanghai Cooperation Organization as ties with Beijing grow.
Saudi Arabia's cabinet approved on Wednesday a decision to join the Shanghai Cooperation Organization, as Riyadh builds a long-term partnership with China despite U.S. security concerns.
(Reuters)

Egypt is expected to join BRICS

Egypt plans to issue yuan-denominated bonds worth more than $500 million - Finance Minister Mohamed Maait.
Russia is negotiating the use of Mir payment card with several countries, including Egypt.
There are reports of Egypt preparing apps to join BRICS.
The president of the BRICS International Forum expects Turkey, Egypt, and Saudi Arabia to join the group "very soon".
Source: reuters.com

Iraq rose in the top of gold reserves

Iraq achieves a major global leap in gold reserves.
Iraq rose 10 ranks among the countries with the most gold in the world, according to the latest report of the World Gold Council, issued today, Sunday.
Iraq has become the fourth largest Arab gold reserve after it was the sixth, surpassing Egypt and Libya, which ranked fifth and sixth, respectively.
Sources: search4dinar

Russia China will lead the world to gold standard

The process of fiat money collapse is currently underway and that gold, property and productive assets like manufacturing factories can be used to rebuild the economic system.
A combination of China and Russia would be the two countries that will lead us back to having a currency backed by precious metals.
China has multiples of what they report in gold reserves, that they probably got 20,000+ tons of gold reserves.
Russia is actually in a very-very good position: they have very low debt, they don't run large deficits, etc. They got a very large natural resource economy as well.
As a result, when the things come crashing down that the first two currencies that go to a gold backing are China and Russia.

Golden Christmas to You!

May the good times and treasures of the present become the golden memories of tomorrow. Wish you lots of love, joy, and happiness.
May you have the spirit of Christmas which is Peace, the gladness of Christmas which is Hope, and the Heart of Christmas which is Love.
Wish you a Merry Christmas and may this festival bring abundant joy and happiness in your life!
Best regards,: gesara.news