Gold standard announcement

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News Date: June 26, 2020

Gold is the standard, but silver linings are pretty great too.
A Wed. 24 June afternoon Trump tweet "Gold is the Standard" was an announcement of the new Gold Standard through the GCR/RV final roll-out underway right now.
Source:twitter.com

Donald Trump brings back greatness

Donald Trump posted that The United States should now be focused on greatness again after The Supreme Court dismantled most of the charges against him.
In a landmark decision on Monday, the U.S. Supreme Court ruled that Donald Trump cannot be prosecuted for actions that were within his constitutional powers as president.
This ruling marks the first recognition of any form of presidential immunity from prosecution.
"Big win for our constitution and democracy. Proud to be an American!", he also stated.

Russia is promoting its SWIFT-like system

Russia's SWIFT alternative is expanding quickly according to the country's central bank governor, Elvira Nabiullina statement:
"Russia has a System for Transmitting Financial Messages (SPFS), which is an alternative to SWIFT.
Similar infrastructure exists in some other countries.
We are holding discussions on the interaction of such platforms, but here the interest and technical readiness of our partners are important.
159 foreign participants from 20 countries have already joined the Russian system." SPFS - Sistema peredachi finansovykh soobscheniy;
SWIFT - The Society for Worldwide Interbank Financial Telecommunication (Headquarters: La Hulpe, Belgium);
SPFS and SWIFT are global financial messaging systems.
Financial messaging involves using messaging channels to exchange crucial financial information, from account updates to fraud alerts.
The Chinese alternative is named: The Cross-Border Interbank Payment System (CIPS).

Gold's role in the Global Monetary Reset

Gold will play a big role in the coming global 'monetary reset'.
A global monetary reset is inevitable, as fiat currencies are being debased due to excessive money printing.
The U.S. dollar will be dethroned as the dominant global reserve currency by currencies backed by a basket of commodities including gold, according to Maxime Bernier, Founder and Leader of The People's Party of Canada.
An International reserve currency based on a basket of currencies is under consideration, Russian President Vladimir Putin said on June 22 at the BRICS Business Forum.
Sources: kitco.com

Judy Shelton Restoring Order to the Global Currency System

President Donald J. Trump Announced Intent to Nominate Individuals to Key Administration Posts,
Judy Shelton of Virginia, to be a Member of the Board of Governors of the Federal Reserve System for the remainder of a 14-year term expiring January 31, 2024.
She is author of:
The Coming Soviet Crash: Gorbachev's Desperate Pursuit of Credit in Western Financial Markets.
Money Meltdown: Restoring Order to the Global Currency System.
Source:www.whitehouse.gov
Judy Shelton interview on gold standard:
"I like the idea of a gold backed currency, it could even be done in a Cryptocurrency sort of way.
A unified money system, so when you talk about the international marketplace, everyone is playing on a level monetary playing field.
I don't see it so much as returning [to the gold standard], more like 'back to the future.' I think that what a gold standard stands for is monetary discipline for its own sake. Money is supposed to be a unit of account, a reliable measure and a dependable store of value. It really shouldn't be subject to who's the chairman of the Federal Reserve.
How can a dozen [...] people meeting eight times a year, decide what the cost of capital should be versus some kind of organically, market supply determined rate? The Fed is not omniscient. They don't know what the right rate should be. How could anyone? [...] If the success of capitalism depends on someone being smart enough to know what the rate should be on everything we're doomed. We might as well resurrect Gosplan.
A linked system could allow currency convertibility by individuals (as under a gold standard) or foreign central banks (as under Bretton Woods). Either way, it could redress inflationary pressures.
Source:twitter.com

Global currency debasement

Economy hits debt saturation point. Global economy has no capacity to carry any more debt - Max Keiser.
The new higher levels of debt that many countries are now moving towards are going to be sustainable without imposing significant costs on growth as well as equity within their societies.
Every dollar that these central banks print will go directly into consumer price index inflation - and you will see it at the cash register immediately, and that is going to incredible social unrest.
Global debt to GDP is now at all-time high in Q1. Overall debt for the non financial-sector now worth 252% of global GDP.
Get ready for extreme global currency debasement.
Sources:twitter.com/GoldTelegraph, cointelegraph.com