Trump vows tax cuts and debt relief

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News Date: December 16, 2023

President Trump made a campaign stop in Durham, N.H., on Saturday.
Donald Trump: "Here is my pledge to every New Hampshire family: I will never let the Trump tax cuts and they are the biggest tax cuts in the history of our country. I will never let them be taken away from you and with your vote in this election we will cut your taxes even further."
He also promised to take economic measures to get rid of the massive national debt.

Trump Urges Global Cooperation in Humanitarian Aid Efforts

In a recent interview aboard Air Force One, President Donald Trump advocated for enhanced global collaboration to address humanitarian challenges, particularly in conflict-affected regions. He emphasized the importance of providing medical support and food aid to those in need, while stressing that the responsibility should not rest solely on the United States.
“We’re committed to helping,” Trump said, “but we need other nations to contribute as well.” He highlighted the role of international organizations and allied countries in stepping up efforts to deliver critical resources to areas impacted by war and displacement.
Trump’s remarks underscore the value of shared global responsibility in humanitarian initiatives, encouraging stronger participation from international partners to support relief efforts and provide essential aid.

The Reserve Bank of India has increased its gold reserve

There was a sharp jump in the foreign currency assets and gold reserves.
All components in forex reserves climbed with gold reserves outperforming foreign currency assets (FCA) in the week.
RBI announced key measures that are likely to protect the Indian rupee at the interbank forex market and further drive the reserves.
The value of gold reserves rose by $1.140 billion to $39.642 billion during the week ended July 29.
This is the highest monthly purchase since September 2021.
Sources: livemint.com

FED Audit. HR24 - Federal Reserve Transparency Act

U.S. Representative Thomas Massie vows to reintroduce HR24 to audit the FED along with 40 original cosponsors, as soon as he is sworn in.
The FEDs have never ever been audited. Now that the Feds are under the control of the Treasury, this could easily happen!
If this audit does happen this will be such a huge step leading to the GCR/ Gold Standard!
Sources: www.congress.gov, twitter.com

A new gold standard is coming

Excessive monetary stimulus, a by-product of an undisciplined fiat money system, will create problems for our economy as well as financial distortions, and the long-term solution is to move away from this system and re-adopt a gold standard.
There are a lot of financial bubbles, there are excessive debt levels, inequality is rising, you have got moral hazards, all these side effects of a fiat money standard are not really what we want, and eventually we get a lot of monetary instability and I think then at that point we have to get back to a gold standard.
Sources: www.silverdoctors.com, www.youtube.com

The long awaited Gold Standard is here

Zimbabwe will start issuing digital currency next month that is backed by gold.
On May 8, the public will be able to purchase a digital currency backed by gold from Zimbabwe's central bank.
Additionally, RBZ introduced smaller gold coins in weights of tenths of an ounce, quarters of an ounce, and half of an ounce.
The smallest coin weighs just over 3.11 grams and costs US$188.48 or its equivalent in local currency at the interbank rate.