Taiwan's Currency Backed by Gold Reserves: Central Bank

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News Date: August 18, 2024

A central bank official announced on Friday that Taiwan holds around 422 tonnes of gold in reserve, managed by the Central Bank of the Republic of China (Taiwan) to support the national currency.
Of this, 410 tonnes are dedicated to backing the issuance of New Taiwan dollars, while a smaller portion is used every four years to mint commemorative coins for the inauguration of the president and vice president.
As of the first quarter of 2024, Taiwan ranks 12th globally in gold reserves.
Despite a significant increase in gold's value since its purchase in the 1970s, the central bank is not buying or selling its reserves.
Taiwan's unrealized gain from these reserves is nearly NT$900 billion due to gold's appreciation.

NESARA is Happening

We are proud to announce the formation of Restore the Republic PAC (Political Action Committee), which will be dedicated to supporting candidates who will fight vigorously for our Constitutional rights, freedom of speech, and the sacred right of free and fair elections, said Restore the Republic PAC Founder Sidney Powell.
NESARA section 6: Returns Constitutional Law - the formation of Restore the Republic PAC.
Section 8: Establishes new elections. The interim government will cancel all National Emergencies and return us back to constitutional law. - The Military.
Section 9: Monitors elections - Quantum Voting System (QVS).
Game Over! Thanks for watching Castle Rock!
Sources: restoretherepublicpac.com

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Source: www.cnbc.com

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"As part of our additional tax cuts, we will end all taxes on overtime";
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"When you pass 40 hours a week, your overtime hours will be tax-free", Trump said.

Australian PM plans tax cuts

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He emphasizes the urgency of passing the legislation promptly to facilitate a smooth transition for both employers and the tax office.
"This is legislation which will give every taxpayer a tax cut and it should receive the support of every parliamentarian," he told ABC's Insiders on Sunday.

President Donald J. Trump is Establishing America's Space Force

Our destiny, beyond the Earth, is not only a matter of national identity but a matter of national security. President Donald J. Trump's Space Policy Directive-4 is a bold, strategic step toward guaranteeing American space dominance that sets the framework for establishing the United States Space Force.
Source:whitehouse.gov