The appeal of safe haven assets to increase
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News Date: October 8, 2023
Escalating tensions in Israel often lead to investors seeking refuge in safe-haven assets.
This is because they closely monitor Middle East events for potential geopolitical risks that could impact financial markets.
These safe haven assets, like gold and government bonds, are considered low-risk and can provide a buffer against market volatility during uncertain times.
Institutional investors, such as hedge funds and central banks, also tend to diversify into these assets for risk management.
The impact goes beyond asset allocation, affecting market sentiment and volatility as investors react to developments in the region.
This underscores the interconnectedness of geopolitics and financial markets, prompting investors to adjust their strategies accordingly.
Global Monetary System, As You Know It, Ended. Coming Gold Rush Will Be Epic
Cycle expert and financial analyst Bo Polny predicts that what is coming is a "Great Awakening." Polny explains, "Between May 31st and September 18th, that is expected to be a major world transition point where God's Hand is seen upon the earth. . . .We might want to call that time point the 'Great Awakening.' Somewhere in this time point, people are going to realize the lies, deceptions and what has been going on in this Earth, and there is going to be a mass awakening."Source:usawatchdog.com
Fintech and XRP Support in US GOV Register New Rule
The Remittance Transfers Under the Electronic Fund Transfer Act final rule is effective July 21, 2020.The continued growth of "fintech" nonbank remittance transfer providers and their further expansion into partnerships and other relationships with banks and credit unions, which allow such entities to tap into the closed network payment systems that nonbank remittance transfer providers have developed and (3) the continued growth and expanding partnerships of virtual currency companies, such as Ripple, which offer both a payments messaging platform to support cross-border money transfers as well as a virtual currency, XRP, which can be used to effect settlement of those transfers.
The Bureau also believes that expanded adoption of SWIFT's gpi product or Ripple's suite of products could similarly allow banks and credit unions to know the exact final amount that recipients of remittance transfers will receive before they are sent.
Source: www.federalregister.gov
The Golden Jubilee and the return to gold standard
On 15 August 1971, US President Richard Nixon officially announced that the country was completely abandoning the gold standard.This meant that the US government abandoned the convertibility of US dollars into gold at a fixed rate of $35 per ounce.
The government simply could not meet the demand to exchange dollars received for goods and services for gold.
The jubilee in its original, biblical meaning when once in 50 years the sold and mortgaged lands were returned to their original owners, slaves and prisoners of war were freed, debts were forgiven, and the land rested from fieldwork.
Why not, 2022 may be the year for the return of the gold standard.
Sources: datadriveninvestor
Trump is enacting NESARA sections by executive orders
Trump notified his staff to continue working on an Executive Order with respect to Payroll Tax Cut, Eviction Protections, Unemployment Extensions, and Student Loan Repayment Options.If Democrats will not make a deal, President Donald Trump will pursue executive action in order to extend economic relief for the American people.
Payroll Tax Cut
Eviction Protections
Unemployment Extensions
Student Loan Repayment Options
Economic relief for American people
Sources:twitter.com/realDonaldTrump, twitter.com/WhiteHouse
What is Section 230 which Trumps wants terminated?
Section 230 is a piece of Internet legislation, passed into law as part of the Communications Decency Act (CDA) of 1996 (a common name for Title V of the Telecommunications Act of 1996), formally codified as Section 230 of the Communications Act of 1934 at 47 U.S.C.§ 230.Targeting fake news and the US presidential elections, Trump and others have attacked Section 230, saying it has given companies too much legal protection, allowing them to escape unscathed.
Sources: twitter.com, opoyi.com