Trump Hints at Gold-Backed Reset
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News Date: April 20, 2025
April 28, 2025: In a recent interview with The Atlantic, President Donald Trump made a striking assertion, declaring, “I run the country and the world.” The phrase suggests a centralized, commanding role in shaping national and international affairs, reflecting his ongoing narrative of strong leadership.
April 20, 2025: 🏆 Donald Trump’s recent posts slammed “NON-TARIFF CHEATING,” pinpointing currency manipulation as a top threat to fair trade. Echoing his “level playing field” mantra, Trump’s boldest statement—“HE WHO HAS THE GOLD MAKES THE RULES”—signals a potential global currency reset anchored by America’s 8,133.46 metric tons of gold, dwarfing China’s 2,264.32 and Russia’s 2,335.85 tons.
Targeting nations like China and Japan for allegedly devaluing currencies to boost exports, Trump’s focus on U.S. gold reserves suggests a strategy to counter manipulation by revaluing gold.
This could unlock billions to stabilize the dollar or fund tariffs, reshaping global trade. X posts today amplify the hype, with users debating a shift to gold-backed systems like XRP to rival BRICS’ gold hoarding. As fiat currencies wobble, Trump’s gold-centric rhetoric positions the U.S. to dictate new financial rules—provided it navigates the risks.
ISO 20022 migration. The Ripple effect strikes the Pound
Ripple Joins the Digital Pound Foundation: Designing a Path for a CBDC-Forward Future.Ripple is excited to announce it is joining the Digital Pound Foundation, a non-profit focused on the development and implementation of a digital Pound in the United Kingdom.
ISO 20022 promises greater interoperability between various settlement networks, richer information flows, higher levels of straight-through processing, and more efficient compliance processes.
It signals a significant opportunity for banks to improve operational efficiency and reassess existing business models.
ISO 20022 has already been introduced for high-value payments systems (HVPS) in major countries and is established as the standard in instant payments markets following implementations worldwide.
Sources: ripple.com, www.sibos.com
World Bank President:China needs to participate in debt relief
World Bank President David Malpass said that the Chinese government and its creditors need to participate in coordinated efforts to provide debt relief to the world's poorest countries, as China has become a major creditor to the developing countries of the world.Source:finance.yahoo.com
The Golden Jubilee and the return to gold standard
On 15 August 1971, US President Richard Nixon officially announced that the country was completely abandoning the gold standard.This meant that the US government abandoned the convertibility of US dollars into gold at a fixed rate of $35 per ounce.
The government simply could not meet the demand to exchange dollars received for goods and services for gold.
The jubilee in its original, biblical meaning when once in 50 years the sold and mortgaged lands were returned to their original owners, slaves and prisoners of war were freed, debts were forgiven, and the land rested from fieldwork.
Why not, 2022 may be the year for the return of the gold standard.
Sources: datadriveninvestor
What is a silver short squeeze?
The idea of a silver squeeze, in very basic terms, is this: The silver price - so the theory goes - has been artificially held down by people (hedge funds, institutions, etc.) who "short" silver. This means they are betting that the price of silver will fall.To short, or short-sell means borrowing a share or commodity, and then selling it. If the price falls, I can buy it back at a lower price, return it to the lender, and pocket the difference. But if the price rises, I am forced to buy it back at a higher price, and I lose money.
If a lot of new investors rush to buy silver, raising the price, the short-sellers will be forced to buy it back at a much greater price. This ever-increasing upward pressure forces prices higher. It is more complex than that, but this is the bones of a silver squeeze.
This is a movement to help level the playing field between everyday people and the billionaires who control the big financial institutions that control the money, and thus control us. It is a movement to wake people up to what is been happening, and to help us, together, start to reclaim the power we have unwittingly allowed others to have over our lives. Big banks have made big fortunes by manipulating the silver market for decades. Although many have tried, and some have come close, no one has been strong enough to completely break their stranglehold. Until now.
The silver market is the Achilles heel of the old system, and its time has come.
Sources: silverseek.com, www.fool.co.uk
The largest-ever BRICS summit
In October 2024, Russia will host the largest-ever BRICS summit in Kazan, as announced by President Vladimir Putin.The choice of Kazan underscores Russia's commitment to fostering collaboration among the BRICS nations.
Events will also be held in the well-established BRICS+ format, Putin stated.
The summit aims to address global issues, strengthen diplomatic ties, and explore enhanced cooperation, adding a unique cultural and historical dimension to the proceedings.