JUST IN – Putin signed a law on introducing a central bank digital ruble and creating an appropriate electronic platform — TASS
— Disclose.tv (@disclosetv) July 24, 2023
JUST IN – Putin signed a law on introducing a central bank digital ruble and creating an appropriate electronic platform — TASS
How do Globalists Plan to Remove the Dollar? Simple, War
from The New American:
TRUTH LIVES on at https://sgtreport.tv/
They See It Coming – Fitch Joins S&P to Downgrade USA Credit Rating
from The Conservative Treehouse:
Collapse is never a sudden occurrence; it is an outcome of gradual erosion over time. A weakening that takes place almost invisible to those who pass through the construct, until eventually, at an uneventful time in the mechanics of history, the process gives way.
Fitch has joined with the prior position of Standard & Poors to downgrade the USA credit rating. The weight of debt, in combination with reverberations from the continued hammering deep inside the political fundamental change operation, has triggered another flare.
HSBC rolls out cryptocurrency services in Hong Kong: Report
by Helen Partz, Coin Telegraph:
Three crypto ETFs listed on the Stock Exchange of Hong Kong are now reportedly available for trading at Hong Kong’s largest bank.
Hong Kong and Shanghai Banking Corporation (HSBC) — the biggest bank in Hong Kong — has reportedly introduced its first local cryptocurrency services.
HSBC has enabled its customers to buy and sell Bitcoin
-based exchange-traded funds (ETFs), local journalist Colin Wu reported in a tweet on June 26.
Liberty Firebrand Crushes Establishment in Argentina Primary
by Alex Newman, The New American:
Liberty-minded, anti-establishment firebrand Javier Milei with La Libertad Avanza just crushed the Latin American branch of the Deep State in Argentina’s presidential primary, explains The New American magazine Senior Editor Alex Newman in this episode of Behind The Deep State. The communist network Foro de Sao Paulo, founded by Castro and others and backed by Soros and Obama/Biden, is in total freakout mode as the Deep State propaganda machine goes into overdrive trying to demonize Milei ahead of the presidential election.
Deagel Report’s Numbers For 2025 America Were No ‘Conspiracy Theory’ – Cities Turning Into 3rd World Nations As Zombified Druggies Rule The Streets & Globalists Wage War On Americans
by Stefan Stanford, All News Pipeline:
While joe biden and Democrats continue to wage war upon US Veterans, American citizens nationwide, both men and women, and women in particular, bussing in illegal aliens to take the ‘homes‘ of homeless US Veterans while treating criminals as a ‘protected class, and as Susan Duclos perfectly summed up in this new ANP story, waging all-out-war on REAL women, Americans are fleeing Democrat-run cities in droves according to this new story at the Daily Mail, completely fed up with rampant crime and homelessness and drug addicts doing drugs on the streets, threatening their livelihoods and their lives.
Better Get Ready; Central Bank Digital Currency Is Coming
by Peter Schiff, Schiff Gold:
You had better get ready for the world of central bank digital currencies (CBDCs) because they are coming. And they are coming fast.
According to a recent survey by the Bank for International Settlements (BIS), as many as 24 CBDCs could be in circulation by 2030.
This means even more government control over your money.
According to the BIS, 93% of the 86 central banks surveyed said they are conducting work on developing a CBDC. Meanwhile, “The uncertainty about short-term CBDC issuance is fading.”
COMEX Gold Futures Explained Part 1: The Basics
by Jan Nieuwenhuijs, Gold Seek:
This is part one of a series on COMEX gold futures contracts, for those interested to reach a proper understanding on this section of the gold market. In this first part we will discuss the history of futures trading and the basics of COMEX gold futures.
The History of Futures Trading
According to various sources the first traces of futures trading have been found in ancient Greece, medieval Europe, and seventeenth-century Japan. Though futures markets as we know them today emerged from North American commodity trade in the nineteenth century.
There’s a herd of elephants in the room
by Peter Schiff, Schiff Gold:
Among the many problems currencies and markets face, there is one which is undocumented: the eurodollar market, which is yet another very large elephant in the room. This article quantifies eurodollars and eurodollar bonds, which are additional to US money supply and credit.
Research by the Bank of International Settlements puts this market at $93 trillion, of which on-balance sheet debt (i.e., customer deposits) of non-US banks is $15 trillion, a sum which should be added to US M2 money supply of $21 trillion for a truer picture of total dollar bank credit. Only a small of this debt is in other currencies.
Fed’s Balance Sheet Liabilities: RRPs Plunge, Reserves Rise after Bank Panic, Currency in Circulation Dips after Pandemic Spike, TGA Gets Refilled
by Wolf Richter, Wolf Street:
QT’s impact on the Fed’s liabilities, and the massive movements between them.
The daily measure of Overnight Reverse Repurchase agreements (ON RRPs) at the Fed have plunged to $1.40 trillion as of Friday. This is down by 45%, or by $1.152 trillion, from the one-day-wonder peak on December 31, 2022.
Under these RRPs, the Fed takes in cash and hands out collateral (Treasury securities). RRPs are a liability for the Fed because they’re cash that the Fed owes its counterparties. The counterparties are mostly US money market funds, but also banks, and government-sponsored enterprises (Federal Home Loan Banks, Fannie Mae, Freddie Mac, etc.). These counterparties use ON RRPs to park their extra cash risk-free at the Fed, and earn interest. As of the rate hike in July, the Fed pays them 5.3% in interest.
Mounting Government Debt Marks America’s Road to Ruin
by Peter Schiff, Schiff Gold:
There is a $33.7 trillion elephant in the living room.
I’m referring to the massive national debt.
It’s pretty amazing that we have this massive animal sitting right in the middle of everything and most people are just walking around it as if it isn’t there.
But as economist Daniel Lacalle bluntly put it, the mounting deficits and the rapidly growing mountain of debt are a road to ruin.
