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The return to the golden age. The gold standard will rise again

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News Date: May 5, 2020

The New $100 Bill Will Usher In A NEW Gold Standard
It seems like today's national leaders are gradually reaching a consensus about how the world's monetary system should be structured. They are getting ready to return to a gold standard system.
Source:forbes.com

Principles of BRICS expansion

Russian Foreign Ministry: BRICS countries discuss principles of alliance expansion.
Ivan Nechayev, deputy director of the information and press department of the Russian Foreign Ministry, said at a briefing on Thursday, August 11, that the establishment of criteria for the accession of new BRICS members is already underway.
Iran and Argentina applied to join the BRICS, and later it became known that Turkey, Egypt, Saudi Arabia, Nigeria, and Algeria would also like to become part of the alliance.
In addition, Cuba's ambassador expressed the need for economic cooperation with the BRICS.
Sources: tvbrics.com

Gold operates as money without states or bankers

Gold does not need the state or its bankers to operate as money, because individuals choose it as money on the market century after century. The solidi bear the names & faces of the 5 different emperors who issued them, Honorius was the last Roman emperor to rule Britain.
Everything in life eventually goes to zero.
Gold is one of the only elements in the universe that never dies.
Gold is universally recognized and adorned.
Gold is legacy wealth. Nothing else even competes.
Sources:twitter.com/GoldTelegraph

Eurasian alliance plans its own gold standard

Towards the end of July, news emerged in the Russian media that Moscow and a number of its Eurasian allies are now reviewing a proposal to create an entirely new trading and pricing infrastructure for the international precious metals in order to both destroy London and New York's monopoly over global precious metals pricing and to stabilize the Russian gold market.
The basis of this new structure will be a new, specialized international precious metals brokerage headquartered in Moscow, which will rely on the MWS.
Russia is also proposing to fix prices of precious metals in the national currencies of key member countries or via a new monetary unit - such as the new BRICS currency proposed by Putin.
The price-fixing committee would include central banks and other large banks from the Eurasian Economic Union (EEU).
Member states of the EEU are Russia, Kazakhstan, Belarus, Kyrgyzstan, and Armenia.
The idea would be to make membership attractive to big gold players like China, India, Venezuela, Peru, and other South American countries.
Sources: kitco.com, bullionstar.com

The Gold Standard Restoration Act in the House

Rep. Alex Mooney addressed the House on the Gold Standard Restoration Act:
'My bill would return the U.S. to the gold standard, protect against Washington's irresponsible spending habits and the creation of money out of thin air.
Prices would be shaped by economics rather than the instincts of bureaucrats.
No longer would our economy be at the mercy of the Federal Reserve and reckless Washington spenders', Alex Mooney said.
Sources: twitter.com

SpaceX Developing Military Version Of Starlink Satellites

Elon Musk's SpaceX is expanding its Starlink satellite technology into military applications with a new business line called Starshield.
"While Starlink is designed for consumer and commercial use, Starshield is designed for government use," the company wrote on its website.
SpaceX's ongoing work with the Department of Defense and other partners demonstrates our ability to provide in-space and on-ground capability at scale.
Sources: theepochtimes

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