The Upside In Gold Is Unlimited
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News Date: July 25,2020
Pierre Lassonde:I think that the downside in gold is limited. The upside on gold at this point is unlimited. It's going to be far, far higher than people imagine.
Source:kingworldnews.com
Saudi Arabia Open to Talks on Trade in Currencies Besides Dollar
Saudi Arabia, the world's largest crude oil exporter, is open to discussing oil trade settlements in currencies other than the U.S. dollar, Saudi Minister of Finance, Mohammed Al-Jadaan, told Bloomberg TV in an interview in Davos on Tuesday.Source: bloomberg
Trump is seriously considering a capital gains tax cut
Donald Trump is considering a capital gains tax cut in an effort to create more jobs.- We are looking at also considering a capital gains tax cut, which would create a lot more jobs, said Trump Monday during a White House news conference.
Sources:www.youtube.com, bloomberg.com
White House illuminated in purple and gold
On Wednesday, August 26, the White House was illuminated in purple and gold to celebrate the centennial anniversary of the 19th Amendment and honor the women who fought for the right to vote!Gold = Nesara & Gesara
Silver = Light
Purple = Equality of color, race, gender.
Source:twitter.com/WhiteHouse
Zimbabwe to back its currency with gold
Update: The IMF urged Zimbabwe to expedite currency reforms during a recent staff visit, emphasizing a move towards a market-driven exchange rate and the removal of existing distortions.Zimbabwe's Finance Minister announced new measures to stabilize its local currency in an online press briefing held Monday.
Zimbabwe to back its currency with hard assets such as gold to end exchange-rate instability, Finance Minister Mthuli Ncube said.
"The idea going forward is to make sure that we manage the growth of liquidity which has a high correlation to money supply growth and inflation.
The way to do that is to link the exchange rate to some hard asset such as gold," said Ncube.
He also announced a conference of African ministers that Zimbabwe will host at the end of this month.
Saudi Arabia ready for SCO
At the initiative of the Saudi side, Vladimir Putin had a telephone conversation with Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud.They discussed cooperation in the SCO , MBS expressed his readiness to actively participate in its work.
The parties also discussed the coordination of the two countries in order to ensure stability in oil market.
Sources: kremlin.ru