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

Trump says China, Russia and North Korea will not be enemies

Donald Trump stated that Russia, China, and North Korea would not be considered enemies of the United States if it had a smart president.
He claimed that these countries were not adversaries during his presidency because he knew how to manage relationships with them.
Trump also argued that America's internal issues are more severe than external threats like Russia, China, and North Korea.

VISA & Currencycloud with Ripple on cross-border payments

Currencycloud to focus on new territories currently under-represented for SMEs, to make global movement of money more efficient.
Currencycloud, the global leader in providing embedded B2B cross-border payments for platforms of the future, announced a partnership with Ripple, the enterprise blockchain solution for global payments. RippleNet, Ripple's global financial payments network, makes it easy for its diverse network of financial institutions worldwide to enable faster, lower-cost payments around the world.
Visa partner Currencycloud is now working with Ripple to expand their business-to-business cross-border payments platform.
Sources:dailyhodl.com, www.currencycloud.com

The Reserve Bank of India has increased its gold reserve

There was a sharp jump in the foreign currency assets and gold reserves.
All components in forex reserves climbed with gold reserves outperforming foreign currency assets (FCA) in the week.
RBI announced key measures that are likely to protect the Indian rupee at the interbank forex market and further drive the reserves.
The value of gold reserves rose by $1.140 billion to $39.642 billion during the week ended July 29.
This is the highest monthly purchase since September 2021.
Sources: livemint.com

Russia to use digital ruble in settlements with China

Russia plans to use digital rouble in settlements with China, says lawmaker.
After launching a digital rouble early next year, Russia plans to use the currency in mutual settlements with China as it seeks to reduce Washington's global financial hegemony, a senior Russian lawmaker said on Monday.
Sources: reuters

All Joint Chiefs of Staff appointed by Trump still in position

Every current member of the Joint Chiefs of Staff was appointed by Trump during his time in office.
Still here.
Not one has been removed in the new administration.
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Sources: wikipedia.org, twitter.com