Wisconsin ends sound money taxes
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Date: March 21, 2024The Wisconsin Senate has passed Assembly Bill 29 to end sales tax on gold and silver purchases, following overwhelming support from the State Assembly.
Sponsored by Rep. Shae Sortwell, the bill aims to align Wisconsin with the majority of U.S. states and remove an outdated tax practice.
Advocates argue that taxing precious metals is illogical, inefficient, and unfair to investors, especially given the constitutional recognition of gold and silver as money.
HSBC Launched Gold Tokens in Hong Kong
HSBC has introduced a novel opportunity for retail investors in Hong Kong by launching a gold investment option in the form of digital tokens.Through its online banking service and app, customers can now purchase real gold using these tokens.
This initiative marks the first instance of HSBC utilizing its private distributed ledger for everyday investors, powered by its digital assets platform, Orion.
The platform enables the issuance and storage of digital assets such as bonds. The HSBC Gold Token, created through this platform, represents physical gold bars and can be traded through the bank's single-dealer platform, paving the way for retail products driven by the Orion platform.
Notable Resignations Worldwide Updated
There is no conspiracy-theory. This is a daily updated list of Notable Resignations Worldwide with accurate info.Source:www.resignation.info/list
The largest-ever BRICS summit
In October 2024, Russia will host the largest-ever BRICS summit in Kazan, as announced by President Vladimir Putin.The choice of Kazan underscores Russia's commitment to fostering collaboration among the BRICS nations.
Events will also be held in the well-established BRICS+ format, Putin stated.
The summit aims to address global issues, strengthen diplomatic ties, and explore enhanced cooperation, adding a unique cultural and historical dimension to the proceedings.
Russia is increasing its reserves with safe assets
According to the head of the central bank, Russia is increasing its reserves with assets that the West cannot sanction.Elvira Nabiullina, the governor of the Russian Central Bank, stated on Tuesday that Russia is increasing its foreign reserves using assets that are immune to Western sanctions.
The central bank has previously stated that it believes that cash-held foreign currency, gold, and the Chinese yuan are safe.
Xi Jinping to Visit Saudi Arabia before the end of the year
China's Xi Jinping to Visit Saudi Arabia Amid Global Reshuffling.Chinese leader Xi Jinping is planning to visit Saudi Arabia before the end of the year, according to people familiar with preparations for the trip, as Beijing and Riyadh seek to deepen ties and advance a vision of a multipolar world where the U.S. no longer dominates the global order.
Sources: wsj