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Ripple partner Nium takes on SWIFT

Gesara.news » News » Ripple partner Nium takes on SWIFT

News Date: March 18, 2022

The new solution, which leverages Ripple's blockchain network Ripplenet, claims to lower settlement costs for Financial Institutions by up to 90% for international brokerage account transactions when compared to transactions settled via the SWIFT International Payments Network.
XRP powers NIUM's alternative to swift.
Nium has pointed to three major benefits of its global payments network and new brokerage solution: cost savings of up to 90%, improved customer satisfaction, and increased demand for new partnerships.
Source: financefeeds.com

US Jobs Data could Trouble the Market

Goldman: The Market's Reaction To The Jobs Report Means Brace For A Stubborn Grind Higher In September.
Unusually large U.S. jobs number stokes case for 'unusually large' rate hike.
Friday's 'Great' Jobs Number Could Spell Trouble For The Market.
'Great' US Jobs Data Make Case for Bigger Fed Rate Increases.
Bond markets complicate Fed decision after jobs report.
There is a probability of a 0.75% move in September, a noticeable change from the 0.50% move markets were pricing prior to Friday's jobs report.
Sources: substack, finance.yahoo

Fed policies will be rocket fuel for gold and silver

Fed policies that are coming soon on inflation, and interest rate suppression will be rocket fuel for gold and silver. And gold and silver are just getting started. If Bitcoin is $10,000 per unit, why cannot gold be $5,000, $10,000 or $15,000 per ounce? With the amount of dollars out there, it could easily be $5,000 or $8,000 per ounce, and that is where it is headed. The bond market will eventually collapse, but the biggest collapse coming is the faith in all fiat currencies.
Sources:usawatchdog.com

Black Swan recent Event

September 5, 2021: A black swan appeared on Tiananmen Square. Which In Chinese Culture Is A Foreshadowing Of Disastrous Events.
The incident triggered heated discussions, as Chinese leader Xi Jinping mentioned a black swan earlier this year.
On August 17th Palantir purchased gold bars as a hedge against a black swan event.
Also, Sunday 5 September: 150th Anniversary of the 1871 Act Of England. Check out Chapter 11 Washington D.C filing for Bankruptcy. Everything from 1871 is branded Illegitimate/ Illegal.
Sources: www.ntd.com

Central banks bought a record amount of gold

Record central bank buying lifts global gold demand, WGC says.
Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping to lift global demand for the metal, the World Gold Council (WGC) said on Tuesday.
Sources: reuters.com

BRICS to promote the monetary reset

According to Chinese President Xi Jinping, the BRICS countries must promote a reform of the international monetary and financial system.
Additionally, he thinks that everyone should write international laws rather than distinct groups establishing international law for the entire world.
"It is necessary to give full play to the role of the New Development Bank, facilitate the form of the international monetary and financial system and strengthen the representation and the voice of developing countries," he stated.

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