What is the Gold Standard
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News Date: July 7, 2020
Gold standard, monetary system in which the standard unit of currency is a fixed quantity of gold or is kept at the value of a fixed quantity of gold. The currency is freely convertible at home or abroad into a fixed amount of gold per unit of currency.
In an international gold-standard system, gold or a currency that is convertible into gold at a fixed price is used as a medium of international payments. Under such a system, exchange rates between countries are fixed; if exchange rates rise above or fall below the fixed mint rate by more than the cost of shipping gold from one country to another, large gold inflows or outflows occur until the rates return to the official level.
President Franklin Roosevelt suspended the gold standard in 1933, a move which is widely credited with helping the country climb out of the Depression.
Sources: youtube.com, www.cbsnews.com
No gold fringe on US flags, a State of Peace
President Trump with Polish President Duda speech June 24... no gold fringe on US flags, vs other speeches in the White House Rose Garden by himself.What's the difference?
End Martial Rule, Declare a State of Peace.
The United States was a FOREIGN OWNED CORPORATION (United States Government-052714196 Dunn and Bradsheet Number) which is evidence by examine the DeJure Civil Flag Of Peace.
A Gold Fringe on Flag is a signal.
Sources:youtube.com, change.org
Petition to Announce and Implement NESARA act passed under Obama administration
The petition to Announce and Implement the ACT - NESARA reached its goal of 5000 Signatures under Obama administration.It was created by F.P. on September 28, 2011 and reached 6,623 signatures.
Source:petitions.obamawhitehouse.archives.gov
VISA & Currencycloud with Ripple on cross-border payments
Currencycloud to focus on new territories currently under-represented for SMEs, to make global movement of money more efficient.Currencycloud, the global leader in providing embedded B2B cross-border payments for platforms of the future, announced a partnership with Ripple, the enterprise blockchain solution for global payments. RippleNet, Ripple's global financial payments network, makes it easy for its diverse network of financial institutions worldwide to enable faster, lower-cost payments around the world.
Visa partner Currencycloud is now working with Ripple to expand their business-to-business cross-border payments platform.
Sources:dailyhodl.com, www.currencycloud.com
Gold standard announcement
Gold is the standard, but silver linings are pretty great too.A Wed. 24 June afternoon Trump tweet "Gold is the Standard" was an announcement of the new Gold Standard through the GCR/RV final roll-out underway right now.
Source:twitter.com
Cuba considers joining the BRICS
Cuba's Ambassador to Russia considers the possibility of joining the BRICS.Julio Antonio Garmendia Pena, Ambassador Extraordinary and Plenipotentiary of the Republic of Cuba to the Russian Federation, spoke about the possibility of joining BRICS.
'Cuba maintains trade relations with the countries of the association, stressing the importance of cooperation with Russia and China in various sectors of the economy. The trend towards expansion of the alliance offers the hope of achieving a multipolar world', the ambassador said.
Russia's Mir banking cards could start being used in Cuba by the end of the year, the ambassador said.
Sources: tvbrics.com