Judy Shelton for Fed board, return to the gold standard

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News Date: July 12, 2020

Senate banking panel to resume considering Judy Shelton for Fed board.
The nomination of Shelton appeared in jeopardy earlier this year as Republicans and Democrats on the banking panel expressed concerns over her views on the independence of the Fed from the White House, as well as her advocacy in the past for returning the United States to the gold standard.
Source: www.washingtonpost.com

The digital ruble test will begin in August

Update as of 24 July: Putin signed a law to introduce the digital ruble, which will take effect on August 1.
Interesting timing, think August, it's going to be absolutely epic!
According to the central bank, Russia will begin testing a digital version of its rouble currency with consumers in August, according to a report published on Tuesday by the Interfax news agency.
Russia has been creating digital currency over the past few years, as have many other nations, in an effort to modernize their financial systems and fend off cryptocurrencies.
August is also the month BRICS plans to introduce a new gold-backed trading currency at the Johannesburg summit.

High frequency gravitational wave generator Patent US10322827B2

The present invention is directed to a high frequency gravitational wave generator which includes a high frequency gravitational wave generator including a gas filled shell with an outer shell surface, microwave emitters, sound generators, and two acoustic vibration resonant gas-filled cavities.
Sources:patents.google.com

Countries With Largest Gold Reserves. Philippines number one

What happened to the gold of our ancestors that has been transferred under the custody of Marcos Family?
Philippine Islands are "Riches Country in the World!" There are 950,000 metric tons of gold ( declared missing in the International Court of Justice in Hague) picked up by Yamashita from its European Ally, Hitler and another 250,000 metric tons of the Japanese loot around Southeast Asia are both now in the Philippines. Very few Filipinos knows this( Wall Street Journal, November 15,1985 issue wrote: "Two Thirds of all the gold in the world is in Philippines and One third is divided among the rest of the countries of the world")
During A TALK SHOW in a U.S. TV , the week following the bombing of the New York Twin Towers, President George Bush was asked this question: Which is the richest country in the world today? With a smile he said; "The Philippines." In a US TV interview as well with President Barrack Obama, in his "700 Billion USD stimulus funds" for US economy, he was asked a question where will he get the billion dollar substantial funds needed and quoted saying. "We have friends outside US who will support us".
The branded Yamashita Treasure was considered "booty". There were varied country claimants who are victims of the said WWII loots and these countries filed protest and claims after the war in the International Court of Justice. Though, there was a passage of law for thirty years starting 1946, that without a valid claim against it this "booty" it would belong to its new possessor. That would have been in 1976. However, the International Criminal Court (ICC) extended the deadline of the claims to 10 years up to 1986.
With the conspiracy of the International Banking Cartel, neither the ICJ denied the existence of these gold and claims. Sadly, Successive governments of the Philippines denied its existence and failed to acknowledged the gold. For almost 24 years, Information has been conspired to keep from being known to Filipino people.
Source:youtube.com

US Sanctions Risking systemic collapse

Russia could ask for rubles or gold in exchange for energy. If that occurred Europe would have little choice. The real leverage in the Petrodollar system is on the 'petro' side.
It will be interesting to see how this develops. If energy payments begin moving outside of the SWIFT system, then the Petrodollar will be severely damaged.
Regardless, it's going to be disruptive and we're going to see additional problems. Very likely we will see further money printing and more stagflation.
The United States' attempts to simultaneously take on both Russia and China is a bad idea. We're forcing the two of them together while Europe is trying to play both sides. This situation will end with China and Russia gaining status.
Russian citizens have also been buying gold. This crisis will hurt their citizens, but this isn't Russia's first rodeo. The fact that Putin has done this either means he's lost his mind or he has a plan and found a window of opportunity.
We could see serious spillover effects on bonds and real yields.
The United States can't afford higher rates, and they can't remove Russia's oil without destroying their own markets.
We could see big changes should Russia use their gold as leverage. Possible scenarios that could occur should gold be revalued.
Source: youtube.com

Zimbabwe is engaged to clear IFI debt

Zimbabwe is engaging with the World Bank and International Monetary Fund on how to clear its debts with international financial institutions, finance minister Mthuli Ncube said at an IMF press conference on Saturday.
Sources: reuters