What is the Rainbow Currency?
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News Date: August 17, 2020
A rainbow currency is the real value!
The rainbow currency originates in NESARA law section 10:
Creates a new U.S. Treasury rainbow currency backed by gold, silver, and platinum precious metals, ending the bankruptcy of the United States initiated by Franklin Roosevelt in 1933.
A Rainbow Currency backed by precious metals has value unlike the actual US Dollar with no real support.
Sources:NESARA law, New Design
Satellites transferred to Space Force by October
While the Democrats in Congress are Trying to Abolish the Space Force, The chief of Space Operations announced the transfer of Army and Navy satellite communications billets, funding, and mission responsibility to the U.S. Space Force.At the beginning of October, some of the satellite communications responsibilities of the US Army and US Navy will officially transfer to the hands of Space Force DoD.
The move puts basically all of the DODs narrowband, wideband, and protected SATCOM under control of the U.S. Space Force.
Now all of that training, operations, acquisition, and sustainment and follow-on activities, user allocations - all of that, will be consolidated under the Space Force to create that unity of effort, and hopefully gain the ability to be more resilient, more dynamic, and ultimately more efficient with that mission set.
Sources: www.defense.gov, www.theepochtimes.com
Iraq is working on issuing a digital currency and deleting zeros from the dinar
Central Bank of Iraq: We are working on issuing a digital currency and deleting zeros from the dinar requires an atmosphere.The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makheef, said on Tuesday that the bank is working on issuing digital currency to keep pace with the development of monetary transactions in the region and the world, stressing that deleting zeros from the local currency requires a calm economic atmosphere for that.
Sources: search4dinar
China astounding Gold reserves to be revealed in CDBC announcement
China hoarded an enormous amount of the precious metal.China Gold reserves to be revealed in Central Bank Digital Currency announcement that threatens U.S. currency hegemony.
It is expected a major announcement of Chinese gold holdings that would astound most analysts would probably be accompanied with any Central Bank Digital Currency release and mention of gold backing.
Source: asiamarkets
Space Force launches Orbital Prime program
Space Force launches 'Orbital Prime' program to spur the market for on-orbit services.Orbital Prime launches to spur government and private investment in on-orbit servicing, assembly, and manufacturing (OSAM) technologies.
Sources: spacenews.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