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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

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

Iraq is working on the equal deal

Iraqi officials are disclosing that the government is now working on 'equal deal' project for trade and imports with some countries such as China, Iran, and India in their own currencies.
They are pointing out that Baghdad is studying the establishment of a free zone to import materials, marketing them to the private sector, and ensuring their delivery to the consumer at competitive prices in Iraqi dinars.
These sources revealed that there are ongoing negotiations with countries to regulate trade and take the best options in terms of payment.
This project reminds us of Donald Trump's statement:
All Currencies will be on an Even Level Playing Field much sooner than most people understand or think

The Federal Reserve Board Abolition Act introduced

May 17 update:
US Rep. Thomas Massie Introduced Federal Reserve Board Abolition Act to End the Fed.
He announced the introduction of H.R. 8421, the Federal Reserve Board Abolition Act.
May 15 news:
U.S. Rep. Thomas Massie, KY4, asked Twitter followers whether to introduce a bill to abolish the Federal Reserve.
Sounds like Gesara and Nesara to me!
NESARA 13: Eliminates the Federal Reserve System. During the transition period the Federal Reserve will be allowed to operate side by side of the U.S. treasury for one year in order to remove all Federal Reserve notes from the money supply.
You can check the votes here:
"Should I introduce a bill to abolish the Federal Reserve?"

Zimbabwe introduces new digital currency backed by gold

Zimbabwe to create new digital currency backed by gold.
As part of efforts to stabilize the local currency, the Reserve Bank of Zimbabwe (RBZ) is preparing to launch a digital currency backed by gold that will be accepted as legal tender for transactions in the nation.
The RBZ will take the first steps toward using the nation's gold reserves to anchor the Zimbabwe dollar with the introduction of the digital gold tokens, a kind of electronic money backed by gold stored at the RBZ.

Countries normalizing relations with Israel

Israeli estimates indicate that there are Arab and Islamic countries on their way to sign an agreement with Tel Aviv, before the end of the term of the current US President, Donald Trump, on the twentieth of next January. This comes after the Moroccan monarch announced, yesterday, Thursday, the resumption of official bilateral contacts and diplomatic relations with Israel, shortly after the announcement by the outgoing US President Donald Trump on Twitter in which he confirmed that "Israel and the Kingdom of Morocco have agreed to establish full diplomatic relations between them."
Sources: twitter.com, search4dinar.wordpress.com

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