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News Date: May 13, 2020
Once Anti-Bitcoin, JPMorgan Provides Banking Services to Crypto Exchanges Coinbase and Gemini.
Source:cointelegraph.com
Game (over) of thrones
Queen Elizabeth Death Rumors Spread After Funeral Details Leaked.Operation London Bridge: Secret Funeral Plans For Queen Elizabeth II Leaked For First Time.
Monarchy will remain, but the Commonwealth is uncertain.
Prince Charles plans to turn Buckingham Palace into a museum to streamline the monarchy.
The Royal Family are reportedly planning to sell-off Buckingham Palace in order to create a museum dedicated to the history of the Royal Family.
According to royal commentator Neil Sean, Prince Charles believes the London residence could become a part-time working royal.
Sources: www.express.co.uk, www.rd.com
Saudi Arabia joins SCO
Riyadh joins Shanghai Cooperation Organization as ties with Beijing grow.Saudi Arabia's cabinet approved on Wednesday a decision to join the Shanghai Cooperation Organization, as Riyadh builds a long-term partnership with China despite U.S. security concerns.
(Reuters)
Corrupt Systems Implosion
Markets will have to absorb higher rates, and there is too much debt.This is one of the best macro setups in history for Gold & Silver.
Precious metals will see dramatic wealth enhancement when inherently false & corrupt systems and currencies collapse under their own weight.
More money creation is just a masked form of bankruptcy in which default is "avoided" at the expense of the underlying currencies.
In such inevitable cycle-turns, the real advantage of precious metals will rest in their historical role as wealth preservation insurers.
The supply of these critical assets will make them harder to acquire.
The key, therefore, is to buy your insurance before rather than after the financial fire.
Source: youtube.com
Gold operates as money without states or bankers
Gold does not need the state or its bankers to operate as money, because individuals choose it as money on the market century after century. The solidi bear the names & faces of the 5 different emperors who issued them, Honorius was the last Roman emperor to rule Britain.Everything in life eventually goes to zero.
Gold is one of the only elements in the universe that never dies.
Gold is universally recognized and adorned.
Gold is legacy wealth. Nothing else even competes.
Sources:twitter.com/GoldTelegraph
IMF, World Bank annual meetings on economic development
The International Monetary Fund and World Bank will hold their annual meetings, with both calling on the Group of 20 largest economies to extend a freeze in debt payments from the worlds poorest nations that is set to expire at year end.The annual meetings of the International Monetary Fund and the Board of Governors of the World Bank Group (WBG) are going to kick off on Monday 12, and will remain in session till 18 October. The meetings come amid unprecedented conditions because of the COVID-19 outbreak and the severe impact it has had on the whole world.
The meetings are designed to bring together central bankers, ministers of finance and development, private sector executives, representatives from civil society organizations, and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness.
IMF to revalue its Special Drawing Rights (SDR) - the world's reserve currency waiting in the wings.
Sources:www.bloomberg.com, ahram.org.eg, gesara.news