US Sanctions Risking systemic collapse
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Date: March 2, 2022
Russia could ask for rubles or gold in exchange for energy. If that occurred Europe would have little choice. The real leverage in the Petrodollar system is on the 'petro' side.
It will be interesting to see how this develops. If energy payments begin moving outside of the SWIFT system, then the Petrodollar will be severely damaged.
Regardless, it's going to be disruptive and we're going to see additional problems. Very likely we will see further money printing and more stagflation.
The United States' attempts to simultaneously take on both Russia and China is a bad idea. We're forcing the two of them together while Europe is trying to play both sides. This situation will end with China and Russia gaining status.
Russian citizens have also been buying gold. This crisis will hurt their citizens, but this isn't Russia's first rodeo. The fact that Putin has done this either means he's lost his mind or he has a plan and found a window of opportunity.
We could see serious spillover effects on bonds and real yields.
The United States can't afford higher rates, and they can't remove Russia's oil without destroying their own markets.
We could see big changes should Russia use their gold as leverage. Possible scenarios that could occur should gold be revalued.
Source: youtube.com
Starlink is awesome for RV
Elon Musk's recent comment on Twitter:Starlink is awesome for RV's, camping or any activity away from cities...
RV stands for Recreational Vehicle.
RV also stands for the Revaluation of currencies.
Ironically, Donald Trump made RV hints in a Rose Garden news conference in 2020, revealing he wants to drive around town in an RV, back to New York, with the First Lady, cracking jokes after forgetting what an RV is.
Sources: twitter.com, youtube.com
Ripple XRP joins ISO 20022 The Global Payment Standard
Cross-border payments network Ripple (XRP) announced that it has become part of the ISO 20022 Standards Body, becoming its first member focused on distributed ledger technology (DLT). The new payment messaging standard is set to replace SWIFT MT messages as the standard format for cross-border and high-value payments.Source:coinspeaker.com
Iran, Russia planing the token of the Persian Gulf backed by gold
Iran and Russia want to issue a new stablecoin backed by gold.The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like the U.S. dollar, the Russian ruble or the Iranian rial.
The "token of the Persian Gulf region" would serve as a payment method in foreign trade.
Sources: cointelegraph.com
The Solar Eclipse on June is a New Moon Eclipse. New Earth Era
The Solar Eclipse on June 20th - 21st is a New Moon Eclipse, and is right on the Solstice and marks a time of major transformation!There is a huge opening for the breakthroughs and answers to start coming to help us through this challenging time.
Earth is currently sitting at the dawn of a New Earth Era, on the brink of an epic shift toward a Universal Humanity.
We can use the gift of this moment to transform ourselves both personally, planetarily & cosmically as we awaken to our inherent 5D divinity.
Sources:universallifetools.com, youtube.com
Switching to gold standard
Deutsche Bank's top credit strategist Jim Reid has described himself as "a gold bug," and reckons "fiat money is a passing fad in the history of money," RT's Keiser Report recalls for the show's viewers.Sources:www.youtube.com