Trump: Things are happening that I cant talk about
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News Date: August 14, 2020
HUGE breakthrough in Trumps 17 minute remarks Announcing the Normalization of Relations Between Israel and the United Arab Emirates, exactly at min 3:17:
Trump: Things are happening that I can't talk about, but they're extremely positive...
Sources:www.youtube.com, www.whitehouse.gov
Trump Vows to make America richer and stronger
Donald Trump delivered a major economic speech in New York City, outlining plans to reduce the corporate tax rate to 15% and establish a "government efficiency commission" headed by Elon Musk.He vowed to "make America richer and stronger" if elected in November.
The announcement was made during an address to The Economic Club of New York.
"I am promising low taxes, low regulations, low energy costs, low interest rates, secure borders, low low, low crime and surging incomes for citizens of every race, religion, color and creed, My plan will rapidly defeat inflation, quickly bring down prices and reignite explosive economic growth," Trump said.
Gold rush. Welcome to the era of gold!
Gold, silver coin demand surging, straining U.S. Mint capacity.The US Mint is limiting the distribution of its gold, silver, and platinum coins to specific dealers because of heavy demand, and a limited number of suppliers of metals.
Unprecedented silver demand forcing bullion deals to stop taking orders before the market opens.
After creating massive short-squeezes in stocks like Gamestop, Blackberry, and AMC, retail investors mobilized over social media started to focus on the silver market.
Sources: www.reuters.com, www.kitco.com
Russian Gold-backed Stablecoin Confirmed
Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit.Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted.
The matter has been discussed during a recent visit to Iran where officials have also signaled interest in such an initiative.
Source: bitcoin.com
Russia Proposes SWIFT-like System for BRICS
Russia is advocating for BRICS countries to develop their own financial messaging system, similar to SWIFT, to reduce reliance on Western institutions and boost financial autonomy.Deputy Chairman Alexander Babakov stated this system would allow secure, independent transactions via state-owned banks, support African development, and reduce neocolonial influences.
Integrating with national infrastructures and using advanced cybersecurity, the system would lower transaction costs, speed up capital turnover, and improve liquidity, benefiting international trade.
"The creation of a financial messaging system similar to SWIFT will help create a new economic reality for the BRICS countries," Babakov said.
Source: TASS.
Russia is working on stablecoin pegged to gold
Russian gov't working on stablecoin settlement platform between friendly nations.Russia's Finance Ministry has reportedly begun working with the governments of 'friendly' nations to establish a cross-border stablecoin-based payments platform.
'Stablecoins can be pegged to some generally recognized instrument, for example, gold, the value of which is clear and appreciable for all parties involved,' said Alexey Moiseev.
Sources: cointelegraph.com


