Putin vows development, security and a strong monetary system
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News Date: January 5, 2024
Russian President Vladimir Putin said the motto of Russia's 2024 BRICS chairmanship is 'strengthening multilateralism for equitable global development and security', focusing on positive and constructive cooperation with all countries involved.
Moscow intends to strengthen BRICS's position in the global monetary system, Putin added Monday at the beginning of 2024 BRICS chairmanship:
'We will contribute to the practical implementation of the Strategy for BRICS Economic Partnership 2025 and the Action Plan for BRICS Innovation Cooperation 2021-2024 for ensuring energy and food security, enhancing the role of BRICS in the international monetary system, expanding interbank cooperation and expanding the use of national currencies in mutual trade.'
What is Special Drawing Right (SDR)
The SDR was initially defined as equivalent to 0.888671 grams of fine gold-which, at the time, was also equivalent to one U.S. dollar. After the collapse of the Bretton Woods system, the SDR was redefined as a basket of currencies.Source: www.imf.org
Judy Shelton's Vision for a Gold-Backed Treasury Bond
May 9, 2025: FoxBusiness introduces the "dollar reset" idea promoted by monetary economist and former Trump advisor Judy Shelton, who received some positive feedback from Trump allies and business leaders like Larry Kudlow and Steve Forbes. Her proposal? A 50-year gold-backed bond to be issued on July 4, 2026 — anchoring the dollar to real value as a symbol of financial sovereignty.November 27, 2024: Renowned economist and advocate of the gold standard, Judy Shelton, has once again brought the conversation on sound money to the forefront.
In a recent post on X, formerly Twitter, she posed a thought-provoking question:
"Why don't we use our gold as collateral for a new Treasury debt instrument?"
Shelton has proposed an innovative mechanism for reintroducing the gold standard - a 50-year Treasury bond convertible into gold, to be issued on July 4, 2026, under the initiative of President Donald Trump.
This move, she argues, could symbolize a return to fiscal discipline and monetary stability, aligning with the principles of America's founding.
A former economic advisor to President Trump, Shelton has been a vocal critic of the Federal Reserve and its monetary policies.
Her latest book, Good as Gold: How to Unleash the Power of Sound Money, delves into the historical and practical benefits of a gold-backed monetary system, highlighting its potential to curb inflation, stabilize currencies, and restore trust in the U.S. dollar.
Turkey, warehouse and bridge for metals trade to Russia
Turkey offers a warehouse and bridge for metals trade to Russia.Turkish metals sector to serve as 'warehouse and bridge,' the head of an industry group said, citing increased interest from Russian companies and also from EU companies seeking to sell to Russia via Turkey.
This comes after 5 of Turkey's banks adopted Russia's payment system and the country said it would look to ditch the dollar for Russian energy.
Sources: reuters.com
Trump:The biggest thing that nobody knows about on January 1st
Many are speculating that on January 1st, Donald Trump will be having the U.S to return to the gold standard, something he is publicly supported for many years."This is going to be the biggest thing that nobody even knows about, and it is all signed."
Sources:twitter.com
NESARA purposes in Donald Trump Inauguration Speech
Many NESARA Directions announced during Trump's Inauguration Speech, on January 20, 2017.He referenced the power back to the People, Wealth, Technologies, Prosperity, Security and World Peace.
The day when The people became the rulers of their great nation again. The Big Dream started!
Source: youtube.com