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
Currency Revaluation RV
A revaluation is a calculated upward adjustment to a country's official exchange rate relative to a chosen baseline.The baseline can include wage rates, the price of gold, or a foreign currency.
Currency revaluation can be triggered by changes in the interest rates between various countries and large-scale events that affect the overall profitability, or competitiveness, of an economy.
Sources:www.investopedia.com/
CBI resumes sale of gold coins and bars
The Central Bank of Iraq has announced its decision to resume the sale of bullion and gold coins through an electronic platform, starting immediately.Government and private banks can now participate in buying these assets through the dedicated electronic platform, subject to the Central Bank's guidelines and controls.
This move is set to modernize and streamline the precious metals market in Iraq, making it more accessible and transparent for all parties involved.
September 10: EO13848 expiration day
Friday September 10: EO13848 expiration day: Imposing Certain Sanctions in the Event of Foreign Interference in a United States Election.On September 10, 2020 EO 13848 was EXTENDED FOR ONE YEAR due to the UNUSUAL AND EXTRAORDINARY THREAT TO NATIONAL SECURITY.
President Trump signed USA into a state of National Emergency. We will see what happens in a few days now. The emergency is ending.
Sources: www.federalregister.gov
Elon Musk: ending the FED is necessary
November 1 update:A new exchange of lines between Elon Musk and Ron Paul regarding cutting spending:
Elon Musk: Would be great to have Ron Paul as part of the Department of Government Efficiency!
Ron Paul: I'd be happy to talk with you about it, Elon.
October 30, 2024:
Elon Musk has publicly supported former Congressman Ron Paul's call to abolish the Federal Reserve.
In a recent post on X, Paul criticized large-budget government spending, singling out the military-industrial and pharmaceutical complexes as "big welfare recipients."
He suggested a $2 trillion budget cut, finishing with the bold proposal to "End the Fed."
Musk replied simply: "Needs to be done."
Musk's endorsement has sparked renewed debate over central banking, with many speculating if this might signal his support for decentralized financial models like cryptocurrency.
Ripple and SWIFT on one platform
IBIS announced that its customers will be able to connect to Ripple and SWIFT in their pockets, on one platform. In that sense, IBIS stated that its customers will have unlimited banking possibilities. SWIFFRoute customers will be able to process payments through RippleNet and an out of the box banking integration.Source:www.crypto-news-flash.com


