Gold & Silver Will Be Unstoppable
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News Date: September 11, 2020
The escape from failing fiat will lead to rising nominal interest rates, with all the consequences which that entails. The inevitable outcome is a flight to commodities, including gold and silver, despite rising interest rates for fiat money.
The gold standard of the nineteenth century and is easily explained: within a confined money total such as that of monetary gold, an increase in the quantity of goods and services taking place can only be accommodated by a decline in the general level of prices. Put another way, the purchasing power of sound money, a money whose quantity is not inflated, always rises over time.
Sources:kingworldnews.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
Reducing record debt, priority for Trump
White House says reducing record debt will be big second-term priority for Trump.The accumulated debt is on track to surpass the size of the entire economy next year for the first time since World War II, and breach its all-time record in the coming years.
On the 2016 campaign trail, Trump promised to wipe out the nation's debt altogether over the course of his presidency.
Sources:thehill.com
Polyus gold miner to switch the currency to rubles
Polyus wins bondholder approval to switch currency for Eurobond payments.Russia's largest gold miner Polyus has received permission from holders of three Eurobonds to make payments on the debt in Russian roubles or another alternative currency, the company said on Friday.
Sources: reuters.com
Central banks bought a record amount of gold
Record central bank buying lifts global gold demand, WGC says.Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping to lift global demand for the metal, the World Gold Council (WGC) said on Tuesday.
Sources: reuters.com
Russia, China, and India to put in place Nesara and Gesara
Are you ready mentally for Nesara & Gesara ~It has Started ~. This video, explains the current happenings of the Q movement and nesara and gesara that show how both are combined together in order for all of it to coexist. The 3 major pillars in the way are the following 1. Federal Reserve 2. The British Royal Family 3. The Vatican. I explain how all 3 of the major pillars have already been taken apart piece by piece, also how America, Russia, China, and India are the 4 major players trying to put in place Nesara and Gesara.Source: www.youtube.com