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A new gold standard is coming

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News Date: November 3, 2020

Excessive monetary stimulus, a by-product of an undisciplined fiat money system, will create problems for our economy as well as financial distortions, and the long-term solution is to move away from this system and re-adopt a gold standard.
There are a lot of financial bubbles, there are excessive debt levels, inequality is rising, you have got moral hazards, all these side effects of a fiat money standard are not really what we want, and eventually we get a lot of monetary instability and I think then at that point we have to get back to a gold standard.
Sources: www.silverdoctors.com, www.youtube.com

President Pro Tempore Emeritus Grassley

Senator Grassley gave a powerful speech at the Trump Rally!
High profile Senator Grassley rarely speaks at a Trump Rally, but he did it!
Chuck Grassley is a former president pro tempore and current president pro tempore emeritus.
The president pro tempore of the United States Senate is the second-highest-ranking official of the United States Senate.
Reports that 6 buses were escorted by police and Secret Service from DC.
Think of place holder, A possible scenario: Removal of current admin by Military will leave Grassley to assume the presidency. He would technically be next in line.
The transition may be happening! Did Trump introduce the interim president of the United States of America?
Actor Jon Voight decried forces of evil in America, urged Americans to watch the Trump Iowa rally.
Sources: en.wikipedia.org, rsbnetwork.com

WH can take executive action on the stimulus anyway

Congress could agree on the stimulus package deal Friday but Trump floats executive action even if stimulus deal is reached.
White House is finalizing a series of executive orders addressing key coronavirus stimulus priorities if negotiations with Congress fall apart.
"I wouldn't be surprised that, if something gets left off the table, we'd be like "we can take this executive action too and be able to win on it anyway," one official said.
Sources:www.cnet.com, www.axios.com

Russia will abolish the VAT (tax) on bullion

The government will abolish the VAT (tax) on bullion.
This Bill will go to the State Duma on March 4.
Going forward - when purchasing gold bars or other precious metals from a bank, the 20% current tax on top of its value will not apply.
This is a way to ensure people can invest securely in something other than the dollar (usually people hold their cash in dollars as the ruble is volatile.)
PM advises foreign businesses that competitors will take their place.
This is a step toward treating gold and silver as money instead of as commodities.
Source: t.me

Economic security is national security

President Donald Trump: We Cannot Have National Security Without Economic Security.
A Nation that does not protect prosperity at home cannot protect its interests abroad.
Under the banner of "economic security is national security," the Trump administration's corporate tax cuts now spur investment and catalyze innovation.
Sources: youtube.com, whitehouse.gov

Gold Rush to Dump U.S Debt

As the world continues down the road of extreme uncertainty, investors and foreign central banks continue to turn to the oldest form of money as a measure of providing some stability, gold.
So far, in 2020, central banks have added a net of 181 tons of gold to their reserves. Gold continues to retain its position of being the most reliable store of value and means of exchange in times of extreme uncertainty. This should explain why several central banks plan on continuing to increase their gold reserves in 2020.
Example:www.goldtelegraph.com

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