Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval

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News Date: June 2, 2020

Switzerland's financial regulator, FINMA, has approved two Zurich-based banks to offer a range of cryptocurrency services, including trading and custody. Maerki Baumann Bank subsequently announced the launch of its trading platform for major cryptocurrencies while Incore Bank is offering a range of crypto services.
Source:bitcoin.com

President Pro Tempore Emeritus Grassley

Senator Grassley gave a powerful speech at the Trump Rally!
High profile Senator Grassley rarely speaks at a Trump Rally, but he did it!
Chuck Grassley is a former president pro tempore and current president pro tempore emeritus.
The president pro tempore of the United States Senate is the second-highest-ranking official of the United States Senate.
Reports that 6 buses were escorted by police and Secret Service from DC.
Think of place holder, A possible scenario: Removal of current admin by Military will leave Grassley to assume the presidency. He would technically be next in line.
The transition may be happening! Did Trump introduce the interim president of the United States of America?
Actor Jon Voight decried forces of evil in America, urged Americans to watch the Trump Iowa rally.
Sources: en.wikipedia.org, rsbnetwork.com

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

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

The World toward a multi-currency system

Nations like Russia and China are now leading the charge from a one-currency world to a multi-currency world of import payments.
Russia, for example, can take its energy profits and Rubles to purchase the currencies of friendly countries like China, India, and Turkey to rebuild its reserves outside of the USD.
The old world is slowly but surely turning irreversibly away from a USD-dominated currency system toward a multi-currency and multi-FX pricing model.
Source: goldswitzerland.com

A Monetary System as Good as Gold

The gold standard provides a better anchor for inflation expectations without an obvious cost in terms of lower output or higher unemployment.
The gold standard isn't perfect. No system is. But it has many virtues. A strong case can be made that it's the best of all feasible institutional alternatives. Lawrence White, puts it: The gold standard is still the gold standard among monetary systems.
Source: www.aier.org