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

Digital ruble in cooperation with the UAE

The Bank of Russia, led by First Deputy Governor Olga Skorobogatova, is collaborating with the UAE regulator to establish a cutting-edge system for fast payments and settlements.
This initiative, announced at the Finopolis forum, aims to utilize the digital ruble to streamline financial transactions for both individuals and businesses.
The partnership signifies a commitment to financial innovation and positions these institutions at the forefront of the evolving digital landscape.
The digital ruble is expected to enhance transaction efficiency, fostering financial inclusivity and exemplifying a proactive approach to the future of finance.
"We will work out the fast payment system because the colleagues are ready with the digital ruble and we are ready.
If we solve the issue of client identification, then I think we will be able to build up a normal system of payments for citizens and the business between the two our countries in a year at the least," she stated.

Gold revaluation to write off the debt

The more debt is being accumulated on the balance sheets of European central banks, the more likely they will revalue gold to write off this debt.
One possible solution is that central banks use unrealized gains of the gold on their balance sheet to write off sovereign bonds, providing debt relief to their governments.
Revaluing gold to write off bad debt would require central banks to set a floor price for gold.
If a central bank uses its revaluation account fully, the gold price ideally doesn't fall back or this central bank will incur unrealized losses.
As such, the central bank would need to stabilize the gold price, which is a form of a gold standard.
Source: substack.com

Trump: A total reset negotiated in Geneva

May 10, 2025: President Donald Trump announced that the United States and China have agreed on a "total reset" during recent high-level talks in Geneva: "A very good meeting today with China, in Switzerland. Many things discussed, much agreed to. A total reset negotiated in a friendly, but constructive, manner. We want to see, for the good of both China and the U.S., an opening up of China to American business. GREAT PROGRESS MADE!!!"
May 8, 2025: Trump hails US-UK trade deal as "FIRST announcement," keeping 10% US tariff intact. Meanwhile, Putin announces that most Russia-China trade now settles in national currencies, sidestepping Western systems. Perfect timing for shifting global trade dynamics!
May 6, 2025: 🔥 President Trump hints at a major announcement during his meeting with Canada’s Prime Minister.
“We’re going to have a very, very big announcement to make. Like, as big as it gets, and I won’t tell you on what. And it’s very positive.” 😏📢✨
🍿 The reveal is expected before his trip to the Middle East on Thursday, Friday, or Monday.
This story is still unfolding. 🔄 Check back here for the latest updates. 📰👀

Trump's Operation Strategy Makes Sense Now

Donald Trump's latest tariff strategy is unfolding like a high-stakes chess game, and the pieces are falling into place just as some predicted. What began as a bold threat is now revealing its deeper intent: a calculated "operation" to reshape global trade dynamics and flex American economic muscle. In a recent video, I hinted this was coming-and here we are.
Nations are starting to buckle under the pressure. Several have already waved the white flag, scrambling to the negotiation table to avoid the sting of Trump's tariffs. India, for one, is mulling over slashing tariffs on more than half of its $23 billion in U.S. imports-a massive pivot that signals the operation's early success. Even Russia finds itself in the mix, with Trump holding off on tariffs as peace talks gain traction, hinting at a broader geopolitical play.
Not everyone's ready to fold, though. Some countries are digging in their heels, resisting the tariff onslaught. But mark my words: their surrender feels inevitable. The old guard-those entrenched elites who've long profited from the status quo-are getting a rude awakening. Billions are being shaken loose from their grip, and the system they've clung to is trembling.
The public's taking notice, too. A recent survey shows Trump's popularity surging amid the tariff panic, as his brash approach resonates with a growing base. His message is loud and clear: "ONLY THE WEAK WILL FAIL!" It's vintage Trump-unapologetic, unrelenting, and, for now, effective.
So, with the board still in play, here's the takeaway: Stay strong. Stay safe. This operation's just getting started.

Unrestricted cross-border payment system introduced by Russia

According to Russian Finance Minister Anton Siluanov, Russia is introducing a new payment system that is "bound by no restrictions" and will allow the use of digital currencies for international transfers.
In the past, the Bank of Russia predicted that in five to seven years, the entire system of cross-border payments will undergo a transition and be based on national digital currencies.