(Stefan Gleason) The explosion in retail demand for gold has made headlines, but retail investors aren’t the only ones steadily stockpiling the yellow metal.
Central Bank
REPORT: “90% of Nations Planning Central Bank Digital Currency”
(Kit Knightly) A new report from the Bank for International Settlements estimates that up to 90% of national central banks are at least in the planning stages for launching a central bank digital currency (CBDC):
Venezuela’s Central Bank Will Launch Digital Currency Oct. 1 to “Stabilize the Economy”
(J.G. Martinez) I have been home for over two months now, and I have only acquired four banknotes of 500,000 Bolivares each. Finding cash is a pain. I went to see if the bank could unlock my old account. Unfortunately, there is no way, and I will have to open a new one. And wait for God knows how much time for something as simple as an ATM card. The wait can be months in this small town.
The Nationalization of the FED and What it Means
President Trump is in a great position thanks to the National Emergencies Act, which was signed by every state and territory. As a direct result of this the “white-hats” in the Government were able to achieve several important objectives, primarily: the Nationalization of the Federal Reserve, and getting the Defense Production Act signed.