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

India Is Mulling Rupee-Ruble Payments System

India is discussing how to set up a rupee-ruble payment mechanism to enable it to trade with Russia, to circumvent the U.S. sanctions regime.
During the last several months, several considerations have prompted the Modi government to rethink the wisdom of putting all its eggs in the U.S. basket.
Instead, India is returning to a more balanced approach, assessing its national interests vis-a-vis those of other countries and acting accordingly.
To Be Non-Aligned on Russia Policy Implies India Finding Trade Workaround.
Source: nakedcapitalism.com

Unleashing U.S. Innovation: A New Tech Era

Michael Kratsios’s (Director of the White House Office of Science and Technology Policy) call for a new American Golden Age at the Endless Frontiers Retreat and President Trump’s April 15, 2025, Presidential Memorandum to modernize infrastructure approvals share a bold vision: harnessing technology to reclaim U.S. leadership. Kratsios advocated dismantling regulatory barriers and protecting critical technologies, while the Memorandum emphasizes digitalization to streamline infrastructure projects, fostering innovation in energy and transport. These initiatives align with Section 19 of the NESARA, which enables the release of over 6,000 suppressed patents for technologies like free energy, anti-gravity, and sonic healing machines.
The U.S. does maintain secrecy orders under the Invention Secrecy Act of 1951, with 5,784 patents classified in 2017 for security or economic reasons. Examples include solar panel technology restricted decades ago, suggesting some innovations may indeed be delayed.
The current push for regulatory reform and technological adoption could indirectly “unlock” innovations like advanced nuclear reactors or quantum cryptography, which have faced bureaucratic hurdles. By prioritizing efficiency and competition with rivals like China, these initiatives may create an environment where transformative technologies—whether “suppressed” or simply underutilized—can thrive, fueling a new era of American ingenuity.

Judy Shelton for Fed board, return to the gold standard

Senate banking panel to resume considering Judy Shelton for Fed board.
The nomination of Shelton appeared in jeopardy earlier this year as Republicans and Democrats on the banking panel expressed concerns over her views on the independence of the Fed from the White House, as well as her advocacy in the past for returning the United States to the gold standard.
Source: www.washingtonpost.com

Quantum computing finance shining in the Wall Street

The quantum computing is the latest shiny new thing of Wall Street. A fundamentally new kind of computing will shake up finance - the question is when...
Simple algorithms could be in use within 18 months, with credit-scoring a plausible early application.
For many problems, a quantum computer with thousands of stable qubits is provably far faster than any non-quantum machine that could ever be built.
Sources: www.multiversecomputing.com, www.economist.com

Fiat destruction. Crypto or gold?

The world stands on the threshold of monetary hyperinflation with the US dollar leading the way. The final months of fiat money are coming into view.
The final solution is bound to be with central banks and government treasury departments retaining their control as issuers of money by the only means at their disposal: deploying their gold reserves to back their currencies, not as fiat, but as credible gold substitutes.
The crypto cohort is likely to have an important effect, in that it sparks an early realization in a growing part of the wider population about what government is doing with money. That is likely to speed up the collapse of fiat currencies compared to what would otherwise occur.
The flexibility in the supply of monetary gold and the stability of prices allows the original rate of interest to be both low and stable. It allows entrepreneurs to do business calculations with a high degree of certainty, knowing in terms of goods the value of money. And savers, who provide the monetary capital for future production can be confident of the future capital value of their savings when lending them for business investment purposes.
Sources: kingworldnews.com, www.zerohedge.com