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Gold and Silver benefit from FED policy, inflation

Gesara.news » News » Gold and Silver benefit from FED policy, inflation

News Date: July 31, 2021

Gold prices are hovering around a two-week high as of Friday, showing the biggest weekly gains in over two months as the US Federal Reserve keeps key policy rates unchanged, engendering investors optimism about commodity markets.
The Fed balance sheet is one of the drivers to the expanding money supply. The Feds monetary tools are used to keep rates low and cheap credit flowing. If the Fed keeps up the monetary stimulus, it will continue to drive inflation higher.
If the Fed were to ever try and taper, allowing longer-term rates to rise, it will put pressure on many areas of the economy, including the federal deficit.
In either case, Gold and Silver should benefit from high inflation if the Fed keeps printing or a shrinking economy if the Fed tapers.
Sources: schiffgold.com, www.rt.com

Germany Basic Income of $1,400 every month experiment

As part of the study, 120 people will receive E1,200, or about $1,430, each month for three years - an amount just above Germany's poverty line - and researchers will compare their experiences with another group of 1,380 people who will not receive the payments.
Source:themindunleashed.com

Trump plans to make permanent cut to payroll tax if reelected

Saturday, in Bedminster, N.J., Trump announced, If victorious on November 3rd, I plan to forgive these taxes and make permanent cuts to the payroll tax.
Trump says that if reelected, he'll pursue permanent cut to payroll taxes that fund Social Security, Medicare.
Sources:https://www.washingtonpost.com/, twitter.com, www.youtube.com

Time for martial law?

Lin Wood And Sidney Powell Urges Trump to Declare Martial Law and Hold New Elections;
Michael Flynn, Newly Pardoned, Calls for Trump to Temporarily Suspend the Constitution and Impose Martial Law;
WTPC Calls for Trump to Declare Limited Martial Law;
General McInerney talks Insurrection Act.
The Insurrection Act of 1807 allows the president to deploy U.S. troops domestically in extremely rare cases.
Sources: www.lacortenews.com, www.mediaite.com, www.youtube.com

Switching to gold standard

Deutsche Bank's top credit strategist Jim Reid has described himself as "a gold bug," and reckons "fiat money is a passing fad in the history of money," RT's Keiser Report recalls for the show's viewers.
Sources:www.youtube.com

Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval

Switzerland's financial regulator, FINMA, has approved two Zurich-based banks to offer a range of cryptocurrency services, including trading and custody. Maerki Baumann Bank subsequently announced the launch of its trading platform for major cryptocurrencies while Incore Bank is offering a range of crypto services.
Source:bitcoin.com

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