National coin shortage
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News Date: June 28, 2020
US is experiencing a national coin shortage in several states as an excuse to COVID-19 pandemic.
Also, The Federal Reserve ordered 34 major US banks to suspend share buybacks in the third quarter and limit dividend payments to shareholders.
Source:twitter.com
Gold's Central Bank Buying and Possible Revaluation
Jim Grant is writing about Gold again: The press infatuation with pronouncing Gold dead, Central Bank purchases and history, Gold's performance in 2022 as inflation hedge (not so good), the potential for European Central Bank revaluations.Also, The Governor of the Dutch central bank stated the gold revaluation account ensures the solvency of his central bank in an interview on television about prospective losses.
Sources: vblgoldfix, gesara.news
Russia, Iran to develop alternative to SWIFT
Russia and Iran have been cooperating to connect their interbank messaging systems in order to bypass the SWIFT financial transactions network, Kazem Jalali, Ambassador of Iran to Russia, said on Thursday.SWIFT is a messaging network that financial institutions use to securely transmit information and instructions through a standardized system of codes.
Both countries are facing severe Western sanctions, making settlements in trade through SWIFT difficult or impossible.
Source: www.siasat.com
US Patent for Quantum computing in business problems
Accenture Awarded US Patent for Combining Classical and Quantum Computing with Potential to Address Previously Unsolvable Business Problems.Quantum computing has the potential to solve complex business problems millions of times faster than classical computing by leveraging the properties of quantum physics to process multiple computing tasks in parallel.
Accenture new patent - U.S. Patent No. 10,095,981 - reveals how businesses could take advantage of the best aspects of both classical and quantum computing techniques to enable breakthrough solutions to problems that could not be solved before.
Sources: www.businesswire.com
Trump: Things are happening that I cant talk about
HUGE breakthrough in Trumps 17 minute remarks Announcing the Normalization of Relations Between Israel and the United Arab Emirates, exactly at min 3:17:Trump: Things are happening that I can't talk about, but they're extremely positive...
Sources:www.youtube.com, www.whitehouse.gov
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