White House lit in Gold. Think 50 Year Anniversary
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News Date: October 9, 2021
The White House was lit in Gold on October 8 night.
From 1946 to 1971, nations operated under a new monetary system: the Bretton Woods Agreement.
On August 15, 1971, Nixon removed gold as the backing to the U.S. dollar.
After Nixon left the Bretton Woods system, gold went from $35 an ounce in 1971 to over $1800 today.
Sources: catalyst.independent.org
An Asian Bretton Woods is suggested
An Asian Bretton Woods may be on the way.Sergei Glazyev, a senior Russian economist and Minister in charge of the Eurasian Economic Commission (EAEU), was leading a committee planning a new trade currency for the Eurasian Economic Union.
At the same time, the new trade settlement currency was to be available to any other nation in the Shanghai Cooperation Organisation and the expanding BRICS membership.
Logic suggests that a gold-backed currency will be the outcome of Glazyev's EAEU committee's trade currency deliberations after all, because of a subsequent announcement from Moscow concerning a new Russian bullion market.
Source: goldmoney.com
Ramaswamy supports Trump and commodity-backed currency
Billionaire entrepreneur Vivek Ramaswamy claims BRICS is developing a gold-backed currency to replace the U.S. dollar as the world's primary reserve currency."This is a major problem for the United States.
This would permanently increase our borrowing cost if the dollar is no longer the established reserve currency of the world.
So yes, actually, that does matter. The right way to deal with it, though, is not to try to swat that down, but increase the value proposition of the dollar itself by pegging the dollar to hard commodities," he stated in a press conference.
Vivek Ramaswamy dropped out of the presidential race and endorsed Donald Trump. Known for supporting currencies backed by commodities, his alliance with Trump suggests a shared vision for economic stability and challenges to traditional fiat systems.
Russia issued Gold-Backed Crypto Coins
The largest bank in Russia, Sber Bank, just announced that it has issued gold-backed digital assets on its own blockchain.It is expected that this will attract a lot of new investors and institutions especially as there is a lot of concern about inflation for fiat currencies.
After all, many of the citizens in the country have started to use the blockchain as a method to preserve wealth and to transfer wealth without having any interference from a bank or government.
Sources: procoinnews
Such a beautiful message of peace
This is the wind of change, a Beautiful message of peace.During the White House signing ceremony Israel projected flags of Israel, Bahrain, the United Arab Emirates, and the US onto the Old City walls as Israeli Prime Minister Benjamin Netanyahu stood alongside President Donald Trump in Washington hailing what he called "historic" peace agreements.
Sources:twitter.com, www.middleeastmonitor.com
The dawn of the no-tax era?
On Tax Day, bold ideas are making waves:Trump suggested tariffs could replace income tax and promised, “The USA will PROTECT OUR FARMERS!”
Congressman Byron Donalds echoed reform, calling to repeal the 16th Amendment and follow Florida’s no-income-tax model.
Interestingly, the roots of tax reform trace back to NESARA, first proposed by visionary farmers.
Meanwhile, the IRS CIO just resigned, the agency plans to cut 40% of its workforce, and many Americans are still eligible for $1,400 stimulus checks.