Governments hate gold
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News Date: November 30, 2021
Do governments hate gold? The short answer is Yes.
Governments hate gold because they cannot print it, and it is difficult for them to control.
Because they cannot print it or easily control it, gold has little use to them during the never-ending schemes to tax and then redistribute wealth.
Legal tender laws mean that all taxes must be paid in fiat currency, not gold or silver (held in physical form).
Nothing but sponsored fiat currencies issued by the government is acceptable to pay debts and taxes.
Source: snbchf.com
Xi Jinping to Visit Saudi Arabia before the end of the year
China's Xi Jinping to Visit Saudi Arabia Amid Global Reshuffling.Chinese leader Xi Jinping is planning to visit Saudi Arabia before the end of the year, according to people familiar with preparations for the trip, as Beijing and Riyadh seek to deepen ties and advance a vision of a multipolar world where the U.S. no longer dominates the global order.
Sources: wsj
Gold Is Going To Be The New Global Currency
America not only has record debts but the Fed keeps creating dollars as the tsunami of money cheapens the worlds leading currency.A man who is connected in China at the highest levels said gold is going to be the new global currency.
Central banks bought 90 tonnes this spring and data player Palantir Technologies bought $50 million in gold bars in August.
US taxpayers and investors require their attractive insurance policy against rampant government spending and currency depreciation.
Gold is such an asset since it has no counterparty risk. It will become more valuable as more money is issued to finance government spending.
Sources: financebrokerage.com, kingworldnews.com
Russia issued Gold-Backed Crypto Coins
The largest bank in Russia, Sber Bank, just announced that it has issued gold-backed digital assets on its own blockchain.It is expected that this will attract a lot of new investors and institutions especially as there is a lot of concern about inflation for fiat currencies.
After all, many of the citizens in the country have started to use the blockchain as a method to preserve wealth and to transfer wealth without having any interference from a bank or government.
Sources: procoinnews
Executive Order related to NESARA
Executive Order on Establishing the Presidents Advisory 1776 Commission.The American founding envisioned a political order in harmony with the design of the Laws of Nature and of Natures God, seeing the rights to life, liberty, and the pursuit of happiness as embodied in and sanctioned by natural law and its traditions.
This Executive Order was issued on 2nd Nov, the day before the election. Looks like Trump enacted NESARA 120 days from there, under the guise of an educational executive order.
Sources: www.whitehouse.gov
Donald Trump Pushes the Brake on Car Loan Taxes
Donald Trump, speaking at the Detroit Economic Club, unveiled a proposal to make interest on car loans fully tax-deductible if re-elected.He emphasized that this plan would boost domestic auto production and lower the cost of car ownership for millions of American families.
Trump also vowed to prevent Chinese automakers from selling vehicles in the U.S., aiming to protect American jobs and industries.
Donald Trump: "We will make interest on car loans fully deductible"