Donald Trump: No Income Taxes at All

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Date: October 24, 2024

During a Fox News appearance on Monday, Donald Trump took questions at a Bronx barbershop.
When asked about eliminating federal taxation, Trump suggested the U.S. could return to the 19th-century economic model, which had no federal income tax.
Fox aired a quick, confident response from Trump: "There is a way."
However, the full conversation revealed Trump only answered after several minutes of unrelated discussion, with the audience member repeatedly redirecting him to the tax question.
Fox News later confirmed the event was edited for time and clarity.

Trump Hints at Gold-Backed Reset

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.

Satellites transferred to Space Force by October

While the Democrats in Congress are Trying to Abolish the Space Force, The chief of Space Operations announced the transfer of Army and Navy satellite communications billets, funding, and mission responsibility to the U.S. Space Force.
At the beginning of October, some of the satellite communications responsibilities of the US Army and US Navy will officially transfer to the hands of Space Force DoD.
The move puts basically all of the DODs narrowband, wideband, and protected SATCOM under control of the U.S. Space Force.
Now all of that training, operations, acquisition, and sustainment and follow-on activities, user allocations - all of that, will be consolidated under the Space Force to create that unity of effort, and hopefully gain the ability to be more resilient, more dynamic, and ultimately more efficient with that mission set.
Sources: www.defense.gov, www.theepochtimes.com

HSBC Launched Gold Tokens in Hong Kong

HSBC has introduced a novel opportunity for retail investors in Hong Kong by launching a gold investment option in the form of digital tokens.
Through its online banking service and app, customers can now purchase real gold using these tokens.
This initiative marks the first instance of HSBC utilizing its private distributed ledger for everyday investors, powered by its digital assets platform, Orion.
The platform enables the issuance and storage of digital assets such as bonds. The HSBC Gold Token, created through this platform, represents physical gold bars and can be traded through the bank's single-dealer platform, paving the way for retail products driven by the Orion platform.

FED will adopt ISO 20022 message format

Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service and invites public comment on proposal to expedite adoption.
The Federal Reserve Board on Monday announced that the Federal Reserve Banks will adopt the ISO 20022 message format for the Fedwire Funds Service.
The change will allow for enhanced efficiency of both domestic and cross-border payments, and a richer set of payment data that may help banks and other entities comply with sanctions and anti-money laundering requirements.
Sources: www.federalreserve.gov

Russia issued Gold-Backed Crypto Coins

The largest bank in Russia, Sber Bank, just announced that it has issued gold-backed digital assets on its own blockchain.
It is expected that this will attract a lot of new investors and institutions especially as there is a lot of concern about inflation for fiat currencies.
After all, many of the citizens in the country have started to use the blockchain as a method to preserve wealth and to transfer wealth without having any interference from a bank or government.
Sources: procoinnews