Trump vows 'transition to greatness' in meeting with GOP lawmakers

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News Date: May 9, 2020

"We're going into transition," Trump said at the beginning of the meeting. "I call it transition to greatness. It's going to be a transition to greatness, because we're going to do something very fast and we're going to have a phenomenal year next year."
Source:youtube.com

India Is Mulling Rupee-Ruble Payments System

India is discussing how to set up a rupee-ruble payment mechanism to enable it to trade with Russia, to circumvent the U.S. sanctions regime.
During the last several months, several considerations have prompted the Modi government to rethink the wisdom of putting all its eggs in the U.S. basket.
Instead, India is returning to a more balanced approach, assessing its national interests vis-a-vis those of other countries and acting accordingly.
To Be Non-Aligned on Russia Policy Implies India Finding Trade Workaround.
Source: nakedcapitalism.com

Merry Christmas to our community!

Wishing you a Christmas filled with the warmth of love, the joy of togetherness, and the blessings of peace.
May this festive season bring laughter to your homes, happiness to your hearts, and a renewed sense of hope for the coming year.
Thank you for being part of our community. Your support means the world to us. Here's to celebrating the spirit of love, kindness, and generosity not just today, but throughout the year.
Merry Christmas and abundant blessings to you and your loved ones.

Ghana plans to buy oil with gold rather than dollars

Ghana working on a plan to buy oil with gold rather than the dollar.
Ghana's government is working on a new policy regime where gold will be used to buy oil products rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia said on Facebook on Thursday.
Sources: reuters.com

"How" Will Be Presented the Biblical Times?

The 'how' will be hard to understand for most.
Focus on the 'why'.
The 'when' is now.
Trump Ready To Remove Another Globalists System.
Everything Is Simply A Happening, The Narrative Has You, The "How" Will Be Presented.
The why is now happening the how will be presented to the people.
Sources: twitter.com, x22report.com

Gold standard strategy and the collapse of dollar

The dollar is no longer pegged to gold, but it is still the world's reserve currency. Over 60% of the foreign bank reserves are currently held in US Dollars.
There have been efforts by numerous countries (led by China and Russia) to dethrone the US Dollar as the world's reserve currency. China has been reducing its exposure to the Dollar for a long time, and both China, as well as Russia, have been stocking up on gold in recent times.
Central banks added 650 tons to their reserves in 2019, the second highest shift in 50 years, after the 656 tons added in 2018. Before the 2007-09 financial crisis, central banks were net sellers of gold worldwide for decades. Leading the recent spree has been China, Russia, Turkey, Kazakhstan and Uzbekistan.
China can escape the fate of a dollar collapse by tying the yuan to gold. There is little doubt she has access to sufficient gold. Currently, her interest is to preserve the dollar, not destroy it, because it is the principal means of Chinese foreign interests being secured.
Sources: www.fxstreet.com, uk.news.yahoo.com, seekingalpha.com