What is Sound Money? Monetary reset

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News Date: August 16, 2020

A somewhat polemical term for a currency backed by a tangible commodity such as gold, silver or platinum. Sound money has an intrinsic value, but is more susceptible to deflation than fiat money. Many countries used sound money throughout most of their histories; however, most countries today use fiat money and have since the United States left the Bretton Woods System in the 1970s. The term "sound money" is often used by those who favor its reintroduction. The more common term is hard money.
Given the current fiat money system is on a path towards its own destruction it is not surprising that there has been increasing talk of a monetary reset.
Sources:www.goldmoney.com, thefreedictionary.com

The Cybersecurity and Infrastructure Security Agency (CISA)

CISA warns against disinformation on election results, election process. Be prepared for efforts that call into question the legitimacy of the election.
The Cybersecurity and Infrastructure Security Agency (CISA) works to ensure the physical security and cybersecurity of the systems and assets that supports the Nations elections. Known as election infrastructure, this assembly of systems and networks includes but is not limited to:
> Voter registration databases and associated IT systems
> IT infrastructure and systems used to manage elections (such as the counting, auditing, and displaying of election results, and post-election reporting to certify and validate results)
> Voting systems and associated infrastructure
> Storage facilities for election and voting system infrastructure
> Polling places to include early voting locations
Sources: www.cisa.gov, www.boston25news.com

Independent Financial System planned by Russia and the Islamic world

Russia and the Islamic countries talk about the creation of an independent financial system and de-dollarization.
According to Alexey Overchuk, deputy prime minister of Russia, Russia is in conversation with countries in the Islamic world about current global changes, particularly the de-dollarization processes.
Alexey Overchuk mentioned the de-globalization processes, the shift of industrial output, the fall of Western investment in the Global South, and the concerns with energy and food security among other things on the agenda.
"Of course, our relations with Islamic countries are influenced by global shifts that are taking place and global trends.
We are talking about processes of de-dollarization and the creation of an independent financial system.", Overchuk stated, through a TASS report.

SpaceX launched another 49 Starlink satellites

It's been a busy January! No better way to start the New Year.
SpaceX launched another batch of 49 Starlink satellites to orbit aboard a flight-proven Falcon 9 rocket from Launch Complex 39A at Kennedy Space Center (KSC).
This was the third mission for SpaceX in 2022, as the company had already launched the Starlink Group 4-5 and Transporter-3 missions this month.
In addition, this mission marked a quick turnaround for LC-39A, as Starlink Group 4-5 also launched from the same pad on January 6.
Source: SpaceForceDoD

Gold Standard imminent

The current fiat international monetary system is ending - unconventional monetary policy has entered a dead end street and can't reverse.
Research reveals that European central banks have prepared a new international gold standard. Since the 1970s, policies that paved the way for an equitable and durable monetary system have gradually been implemented.
Sources:www.zerohedge.com

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