New Dollar Backed by Gold Coming This October 2020?

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News Date: July 7, 2020

The rumor, and big fear, is that the IMF may opt to remove the US from the global SDR basket, effectively reducing the US's veto rights from the world stage. SDRs would then be a step closer to replacing the greenback as the world's reserve currency.
With the IMF attempting to pull off a fiscal reckoning minus the US dollar, President Trump may pull off a global reckoning of his own, by issuing US Treasury Notes backed by gold.
Source: gsiexchange.com

Gold Standard imminent

The current fiat international monetary system is ending - unconventional monetary policy has entered a dead end street and can't reverse.
Research reveals that European central banks have prepared a new international gold standard. Since the 1970s, policies that paved the way for an equitable and durable monetary system have gradually been implemented.
Sources:www.zerohedge.com

A Dying Fiat System and Precious Metals

With the Fed set to hike rates and kill QE, markets are in turmoil. The Fiat money System is dying.
Some bank analysts are forecasting seven hikes this year.
Gold is of course the world's ultimate asset.
The US mint sells five million silver eagle coins in January.
Silver is biding its time before taking off to the higher ground.
Source: fxstreet.com

Turkey Applies to Join BRICS

September 2 update:
Turkey has officially applied to join BRICS, frustrated by the lack of progress in its bid to join the European Union, and aims to become the first NATO member and EU candidate to join the group.
June 9 update:
Turkiye's foreign minister will travel to Russia on June 10 to attend a meeting of foreign ministers of the BRICS+.
Older news:
Turkey, a NATO member, is expressing interest in joining BRICS as an alternative to the European Union to enhance its economic prospects.
Turkish Foreign Minister Hakan Fidan announced this during his visit to China, as reported by the South China Morning Post.
The matter is expected to be discussed at the upcoming BRICS ministers' meeting in Nizhny Novgorod. Russia, through Kremlin Spokesman Dmitry Peskov, has welcomed Turkey's interest, affirming that this initiative will be on the agenda at the next BRICS summit, which Russia is preparing to chair.

BRICS Currency is imminent

Sergey Glazyev, a great Russian economist and politician, foresees the imminence of the planned BRICS common currency.
"The emergence of a new settlement currency is inevitable because the current international monetary situation is irrational," the Russian economist stated.
Not only that the international monetary situation is irrational, but also the fact that the political and military chaos generated sanctions and forced the eastern states to de-dollarize.

Next generation supersonic jet

Virgin released a few fantastic conceptual designs of the new supersonic commercial aircraft that would have the capacity for 9 to 19 people at an altitude above 60,000 feet.
The now-retired Concorde flew at average cruising speed around Mach 2, which would mean the Virgin aircraft could hit speeds over 2,300 mph, or about 50% faster.
Sources:liveandletsfly.com, www.zerohedge.com