In a recent interview, French President Emmanuel Macron stated that Europe should reduce its dependence on the US dollar as the dominant currency in international trade. This statement has raised questions about the future of the global financial system and the potential impact on the economies of Europe and the United States. In this article, […]
U.K. has the 3rd largest reserves of dollars in the world – What it means for the £ when the dollar collapses
The sterling pound has been one of the most prominent currencies in the world for centuries. It has held its value even during turbulent times like the World Wars and the global financial crisis. However, with the dominance of the US dollar, many are wondering what would happen to the sterling pound if the dollar […]
European Central Bank President Reveals Plans To Launch a Digital Euro
The European Central Bank (ECB) has announced plans to launch a digital version of the euro. The move comes as the world increasingly shifts towards digital payments, and the ECB aims to remain competitive in the global financial market. In this article, we will explore what the digital euro is, how it differs from traditional […]
Texas moves to create gold-backed digital currency
Texas, one of the largest states in the United States, has recently made a bold move by announcing their plans to create a gold-backed digital currency. This move is seen as a significant step towards decentralisation and providing an alternative to the traditional banking system. In this article, we will explore the implications of this […]
China, Russia and India Announce Common Digital Currency Backed by Gold!
In recent news, China, Russia and India have made a groundbreaking announcement that they will be implementing a common digital currency backed by gold. This move is expected to have a significant impact on the global economy, especially considering that these three countries make up more than 40% of the world’s population. In this article, […]
Central Banks Continue to Buy Gold: 52 Tons Added in February
Gold has long been a valuable and highly sought-after commodity, and recent news suggests that central banks worldwide are taking notice. In February alone, global central banks added 52 tons of gold to their reserves, marking the eleventh consecutive month of net purchases. This trend has not gone unnoticed by people around the world, and […]
(Well) what do you know! ‘Sound money’ bill requires the Federal Reserve to return to the Gold standard
On March 30, 2023, three U.S. Congressmen introduced a pivotal sound-money bill. The bill aims to promote economic stability by restoring the U.S. dollar’s purchasing power and ensuring that it is backed by gold. This article will examine the bill’s potential impact, the history of sound money, and why it is essential for a healthy […]
Mexico Plans to Join BRICS Amid Growing U.S. Tensions
Mexico is exploring the possibility of joining the BRICS group of nations, a move that could significantly shift the country’s foreign policy and its economic relations. The move comes amid growing tensions with the US, Mexico’s longtime trading partner, and the country’s search for new allies in the global arena. Introduction The BRICS group of […]
JP Morgan Calls for Re-distribution of Wealth: “You will own nothing and you will be happy” anyone?
The recent call for the redistribution of wealth by JP Morgan has raised eyebrows and stirred controversy, with many drawing comparisons to the World Economic Forum’s infamous “you will own nothing and you will be happy” statement. In this article, we will explore the implications of JP Morgan’s proposal, examine the similarities and differences between […]
Sen. Ron Johnson to Janet Yellen: “You are going to drive the debt to $50 Trillion? “
Introduction Sen. Ron Johnson, a Republican senator from Wisconsin, recently engaged in a heated exchange with Janet Yellen, the United States Secretary of the Treasury. In a Senate hearing, Johnson expressed his concern about the country’s increasing debt and the potential consequences of Yellen’s policies. The senator questioned whether Yellen’s policies would drive the national […]