Saudi Arabia Open to Talks on Trade in Currencies Besides Dollar
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News Date: January 17, 2023
Saudi Arabia, the world's largest crude oil exporter, is open to discussing oil trade settlements in currencies other than the U.S. dollar, Saudi Minister of Finance, Mohammed Al-Jadaan, told Bloomberg TV in an interview in Davos on Tuesday.
Source: bloomberg
Russia to use digital ruble in settlements with China
Russia plans to use digital rouble in settlements with China, says lawmaker.After launching a digital rouble early next year, Russia plans to use the currency in mutual settlements with China as it seeks to reduce Washington's global financial hegemony, a senior Russian lawmaker said on Monday.
Sources: reuters
Gold rises despite global stocks tumble
Gold head higher on Monday, as global markets face significant declines.Gold Experts have already pointed out that the gold price will rise in the long term.
Inflation, government debt, and negative real interest rates are the main reasons for the rising of gold prices.
The world will finally realize why Gold and Silver were always the answer to prosperity.
Everything paper will take massive haircuts in the near future while Gold and Silver rise to new heights.
Yuan and ruble to replace dollar in Pakistan
Pakistan, among other nations, is brushing off the US dollar due to sanctions by making way for the Chinese yuan and Russian ruble.The President of the Trade House of Pakistan Association Zahid Ali Khan said on Tuesday: replacing the US dollar with Russian rubles and Chinese yuan is a potential plan Pakistan is considering.
Sources: almayadeen
Ripple Patent and Standard Outshines Swift
Blockchain payments technology firm Ripple has won a patent for a design that can execute smart contracts based on data collected from the outside world.That means it Can Settle Derivatives And Oil Contracts.
Cross-border payments network Ripple (XRP) also announced in May that it has become part of the ISO 20022 Standards Body, becoming its first member focused on distributed ledger technology (DLT).
Sources:gesara.news, www.coindesk.com
US Mint Temporarily Closes, new coin images
Look at the date of the closing of the mint. This announcement was for public tours but when banks tried to order coins - they have been told the mint is closed.View of new 2020 $1 coins being minted:
They don't look like anything we've seen before. These coins started in 2018 ... could this be in preparation for NESARA?
Think about this - paper money is easy to reprint, but coinage has to be minted... could it be that the mint was closed to re-tool and prepare to mint new coinage? Could it be that coins have been short due to the need for the metal to re-produce coinage?
There is a lot of stuff being blamed on the Virus - is the coin shortage really due to COVID??
Announcement :www.usmint.gov
Source:www.usmint.gov