from RoadtoRoota:
TRUTH LIVES on at https://sgtreport.tv/
We Talked to the Makers of the #1 Selling Gold Coin in the World
from SD Bullion:
TRUTH LIVES on at https://sgtreport.tv/
30% of NYC Property Taxes Are Unpaid with No Consequences
by M Dowling, Independent Sentinel:
Since the pandemic, more New Yorkers stopped paying their property taxes. It’s attributed to the end of the tax-lien sales program that would go into effect when people didn’t pay their taxes.
The notoriously incompetent City Council didn’t renew it. Under that plan, the city was authorized to sell liens on single-family homes and condos after three years of nonpayment; liens on other property types could be sold after one year.
Why Are Central Banks Buying Gold?
by Martin Armstrong, Armstrong Economics:
Investors’ curiosity has peaked as central banks are increasing their gold purchases. We are not going back to a Bretton Woods type situation and that is not the issue. You must understand that gold is neutral. Central banks are buying gold because the Neocons have weaponized the dollar.
Russia was removed from the SWIFT system, and private citizens’ assets were confiscated. When Russian assets were removed from SWIFT, a threat to the world was issued to say, “Hey, if you don’t do what we tell you to do, we will take you out of SWIFT.”
Gold Hits New All-Time Record High
by Peter Schiff, Schiff Gold:
Gold hit a new all-time nominal high, surpassing the previous record set in December of the previous year. The precious metal’s price reached approximately $2,140, indicating a robust and continuing interest in gold as a safe-haven asset, despite a rather peculiar lack of fanfare from the media and retail investors. This latest peak in gold prices was notably recorded without the typical surge in public buying that usually accompanies such milestones. Instead, there has been a consistent outflow from gold ETFs, suggesting that the retail sector has been selling rather than accumulating during this rally.
Bring Back Gold!
by Lew Rockwell, Lew Rockwell:
In these days of rampant inflation, it’s imperative that we return to the gold standard—and the real thing too. By this I mean the classical gold standard, not the so-called “gold exchange” standard, and with no fractional reserve banking, just as the great Murray Rothbard wanted. In what follows, I’ll discuss some of the economic issues below, but it’s important to realize that it’s a moral issue as well.
I spoke about the difference between the classical gold standard and the fake gold standard. This might seem a technical issue, but it’s one of vital importance. Joe Salerno, the leading contemporary Austrian School authority on monetary economics and Academic Vice President of the Mises Institute, explains:
BRICS to Develop Blockchain-Based Payment System to Bypass the Dollar
by Mike Maharrey, Gold Seek:
In an interview on the Russian news agency TASS, Kremlin aide Yury Ushakov announced that the BRICS nations plan to develop a new payment system based on the blockchain.
This sets the stage for further de-dollarization and could further undermine the status of the dollar as the global reserve currency.
“We believe that creating an independent BRICS payment system is an important goal for the future, which would be based on state-of-the-art tools such as digital technologies and blockchain.”
Ushakov said the system should be convenient for governments, businesses, and common people to use, “as well as cost-effective and free of politics.” And significantly, without dollars.
Gold Hits NEW All-Time High – And “Experts” Aren’t Sure Why
from Birch Gold Group:
This week, Your News to Know rounds up the latest top stories involving precious metals and the economy. Stories include: Gold notches another all-time high over $2,180, analysts are acknowledging that gold’s surging price confuses them and understanding bitcoin vs. gold comparisons.
How Putin’s Gold Strategy Defeated Sanctions
from Great Game India:
Putin’s gold strategy, implemented in early 2022 by tying the value of the ruble to gold, has successfully countered sanctions, aided by Russia’s status as the world’s second-largest producer of gold.
Russia is the target of more than 16,000 sanctions. Nonetheless, the Russian economy and military apparatus expanded by 3.6% in 2023 and is expected to do so again by 2.6% in 2024.
