from GoldSilver:
TRUTH LIVES on at https://sgtreport.tv/
Proposed Texas Bill Would Create State-Issued Gold and Silver-Backed Transactional Currencies
by Mike Maharrey, Gold Seek:
A Texas Republican has introduced bills that would create transactional currencies backed 100 percent by gold and silver. The passage of this legislation would open the door for people to easily use sound money in everyday transactions and create competition for rapidly depreciating fiat dollars.
Rep. Mark Dorazio filed HB1049 and HB1056. The language in both bills is nearly identical, but they add the provisions to different sections of the Texas code.
Under the proposed law, the Texas Comptroller would issue gold and silver specie (coins) through the Texas Bullion Depository and establish gold and silver transactional currency defined as “the representation of gold and silver specie and bullion held in the pooled depository account.”
THE FOG OF WAR & BULLION BANKERS FROM HELL — Bix Weir
from SGT Report:
Have you experienced any of the dense “fog” that’s being reported from coast to coast and in the UK? Well, I have first hand and it’s far from normal. The suppressed price of silver by the bullion bankers and their wall street minions is far from normal too and Bix Weir says once the charade end, silver will be more valuable than you can imagine. Thanks for tuning in & happy New Year!
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Bix’s Road to Roota:
https://www.roadtoroota.com/
De-Occulting Elon Musk and Space X
https://www.youtube.com/watch?v=h6mtJ7j6_TA&t=14s
Gold Clause & CBDC
by Martin Armstrong, Armstrong Economics:
QUESTION: Regarding CBDC, will they convert all the savings/cash in your bank account, will they convert everything in your brokerage accounts (all stocks etc.) will they go after gold and silver you have in storage (Brinks, for example)?
KS
ANSWER: Everything will be converted to the new CBDC. The money in your bank account is already just an electronic book entry. This is why banks are closing branches everywhere in the USA as well as Europe. They are preparing for CBDCs, which means without physical paper money, bank branches are no longer needed. You can deposit a check on your phone. The only thing left for a branch is safe deposit boxes, and the government assumes you are hiding cash there anyway. So kiss your local branch goodbye. The local bank I used because it was the closest has closed, and it is now a 30-minute ride to the closest one still open.
Yellen Says US Will Hit Debt Ceiling Mid-January, Forcing Treasury to Employ ‘Extraordinary Measures’
from The Epoch Times:
Extraordinary measures, often described as accounting maneuvers, allow the Treasury to free up cash and delay default.
Treasury Secretary Janet Yellen has warned that the United States will hit its statutory debt ceiling around the middle of January, a development she said will prompt the Treasury to resort to “extraordinary measures” to prevent the government from defaulting on its obligations.
Critical Warning: Silver Is the Showstopper
by SilverWars, Silver Seek:
SilverWars’ research team indicates that silver is a Critical Raw Material that is needed for every nation’s security, current energy infrastructure and towards ensuring the global green-energy transformation. By all respects, except by a lack of current official classification, silver is the most critical resource on our planet for the foreseeable future. The severity of the silver supply deficit is estimated to be the ‘SHOWSTOPPER‘.
US Dollar’s Share in Global Reserves Plunges to 30-Year Low
from Sputnik News:
The US dollar’s “weaponization” against countries like Russia and Iran has increasingly fueled the declining luster of the American currency. Nations, particularly in emerging markets, are turning to currencies outside the US sphere of political and economic influence, with international institutions like the BRICS bloc promoting this trend.
Why Robert Kiyosaki Says Buy Silver ASAP ‘Even If You Have Very Little Money’
by Nicholas Morine, Yahoo Finance:
Gold and silver have long been considered as hedge investments against inflation, particularly as both hold intrinsic value across a variety of real-world applications and are relatively scarce.
Silver is notable in this regard, as U.S. News & World Report indicated , as its industrial uses — particularly concerning electronics and healthcare applications — are widespread and growing in scope.
