Polyus gold miner to switch the currency to rubles
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News Date: September 9, 2022
Polyus wins bondholder approval to switch currency for Eurobond payments.
Russia's largest gold miner Polyus has received permission from holders of three Eurobonds to make payments on the debt in Russian roubles or another alternative currency, the company said on Friday.
Sources: reuters.com
Judy Shelton is Right About the Gold Standard
Economist Peter Schiff expected that gold will resume its role in the global monetary system, that is, the countries of the world will return to the gold standard, and this is not strange in light of the economic crisis the world is witnessing.It is simply false to claim that the gold standard was a source of perpetual economic chaos, and that we are better off today without it. All things considered, the gold standard is "superior in some respects and no worse in others." Rather than a "barbarous relic," as John Maynard Keynes famously called it, the gold standard is an instrument for economic harmony and civilized commercial relations.
Source:www.saudi24news.com, www.aier.org
Payroll Tax Cut
President Trump said Wednesday that he has the absolute right to suspend payroll tax collections without the approval of Congress.The president has considered issuing an executive order suspending evictions and payroll cuts.
Source 1:www.foxbusiness.com/
President Trump recent tweeted Payroll Tax Cut plus Dollars!
Source 2:twitter.com
Also, in march 2020, Trump proposed eliminating payroll tax through the end of the year.
Source 3:www.nbcnews.com
Russia China will lead the world to gold standard
The process of fiat money collapse is currently underway and that gold, property and productive assets like manufacturing factories can be used to rebuild the economic system.A combination of China and Russia would be the two countries that will lead us back to having a currency backed by precious metals.
China has multiples of what they report in gold reserves, that they probably got 20,000+ tons of gold reserves.
Russia is actually in a very-very good position: they have very low debt, they don't run large deficits, etc. They got a very large natural resource economy as well.
As a result, when the things come crashing down that the first two currencies that go to a gold backing are China and Russia.
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
ISO20022, QFS, Crypto brand new tutorial
ISO20022? is a worldwide industry standard that has been bought in to regulate the interchange of electronic data between financial institutions.It improves the compatibility across technology platforms and this isn't just with the high street bank or your country's bank, this includes digital/cryptocurrencies as well.
ISO networks: XRP/Flare Network, XDC/XinFin Network, XLM Stellar Network.
QFS is not cryptocurrency - it is 'asset-backed' digital currency.
Full tutorial: drive.google.com