Next generation supersonic jet
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News Date: August 5, 2020
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
Payroll tax holiday
President Donald Trump's first executive order today provides a payroll tax holiday to Americans earning less than $100,000 per year.The administration is also looking at cuts to income taxes for lower and middle-income individuals, as well as cuts capital gains taxes.
Source:https://twitter.com
The silence of the Stock Market Crash
The stock market rally has its days counted and the substantial drops seen over the past few weeks suggest that the catalyst for an epic crash is rising inflation.The tech sector has already witnessed some sharp losses, but right before the market closed on Friday, the meltdown was becoming more widespread.
For a long time now, analysts, experts, economists, and investors have been sounding the alarm about an explosive and sudden stock market crash that would wipe out billions in earnings overnight.
And even though the collapse of the bubble has already started, we're still hearing silence.
Source: youtube.com
Russia Proposes New Standard for precious metals market
Russia Proposes New Standard To break the London Bullion Market Association (LBMA) monopoly on gold.It is proposed to 'place a specialized international precious metals exchange headquartered in Moscow' using the 'new international standard MWS' as the 'basis of the structure.'
It is also proposed to establish a Price Fixing Committee.
Subject to the application of the MWS standard, it will include the central banks and the largest banks of the Eurasian Economic Union countries represented in the precious metals market.
According to the Russian department, it is necessary to 'bet on fixing prices in the national currencies of the key member countries, or on new units of international settlements, such as the new unit of settlements proposed by the president of Russia within the member countries of the BRICS organization.'
Sources: gata.org
Central banks gold reserves switch
The central banks are increasingly concerned about inflation, and the major ones start giving out signals that they won't let inflation run too hot, even if it means slower growth.In commodities, the upside potential in gold is more than just a safe haven hedge, as the rising geopolitical tensions and the latest sanctions imposed on the Russian central bank will bring the central banks around the world to reconsider their FX holdings, and start shifting towards a nationless gold.
Source: youtube.com
FED takeover hinted by the US Debt Clock
Very interesting US Debt Clock Secret Window on November 14:This secret window has the quotes of Thomas Edison and next The Federal Reserve System seal saying Federal 'Usury' System.
We also see the 1922 20$ Gold Certificate (and physical coins) which would be valued at about 314$ today.
But the most important suggestion: at the base of the concealed window on the Usdebtclock, rests a dial adorned with a luminous green light, positioned precisely amidst the Federal Reserve System seal and the US Treasury 1776 seal.
This seemingly symbolic arrangement signifies a transition or progression from one system to another, hinting at the shift or movement from the jurisdiction or operations of the Federal Reserve System towards those governed by the US Treasury.