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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

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

Gold Standard on Kremlin Desk

Russian president Vladimir Putin is discussing the idea of pegging the Ruble to gold And Commodities.
If approved this would directly link Russia's currency to gold bullion for the first time in more than a century.
Linking the ruble to bullion could give Russia more "sovereignty" over its financial system.
However, the governor of Russia's central bank, Elvira Nabiullina, told reporters the idea was "not being discussed in any way".
Full article: Reuters

Why is gold valuable?

Gold is abundant enough to create coins but rare enough so that not everyone can produce them. Gold doesn't corrode, providing a sustainable store of value, and humans are physically and emotionally drawn to it. Societies and economies have placed value on gold, thus perpetuating its worth.
Gold cannot be destroyed by Water, Time, Fire.
Gold doesn't need Feeding, Fertilizer, Maintenance.
Gold is Malleable, Ductile, Beautiful, Rare.
Sources:tizzime.com, https://www.investopedia.com

Trump:The biggest thing that nobody knows about on January 1st

Many are speculating that on January 1st, Donald Trump will be having the U.S to return to the gold standard, something he is publicly supported for many years.
"This is going to be the biggest thing that nobody even knows about, and it is all signed."
Sources:twitter.com

First Manned Flying Car

Japanese company successfully tested a manned flying car for the first time.
Sky Drive Inc., a Toyota-backed start-up with a mission for developing flying cars, has conducted the public demonstration on August 25, manned test flight of one its aerial vehicles after years of work. The SD-03, with its glossy white exteriors and sleek aerodynamic body, flew around Toyota Test Field, showing the world that such a thing as flying cars can exist beyond fantasy and fiction.
Sources:https://hypebeast.com

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