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September 15, 2023
Prominent media personality and XRP enthusiast Zach Rector expressed skepticism that XRP could hit $10,000, noting that a currency reset is necessary for the…
July 15, 2023
The importance of Russia’s announcement that a new gold-backed trade currency is on the BRICS meeting agenda for August 22—24 in Johannesburg seems to have gone completely over everyone’s heads, with mainstream media not even reporting it. (Article by Alasdair Macleod republished from GoldMoney.com) This is a mistake. China and Russia know that if they are […]
July 13, 2023
For former member of the European Parliament and Brexit leader Nigel Farage, the prevalent “debanking” efforts in the United Kingdom are paving the way for the tyranny of a cashless society. The said practice by traditional banks of suspending accounts is apparently driven by the use of holdover European Union directives prior to Brexit, Farage said. […]
July 7, 2023
The United Kingdom is on track to become a fully cashless nation by 2035 as more and more adults, spurred on by government incentives, resort to using digital payment options. In 2012, around 60 percent of all transactions in the U.K. were still conducted using physical currency. At this rate, by the end of the decade […]
July 7, 2023
The United States dollar (USD) could suffer another huge blow that could send it down the drain as heads of the Shanghai Cooperation Organization (SCO) member states have made a landslide decision to conduct the majority of transactions in national currencies instead of the American dollar, following Iranian President Ebrahim Raisi’s proposal to ditch the dollar […]
July 6, 2023
Eswar Prasad, a Cornell University professor, has warned that central bank digital currencies (CBDCs) – with their expiry dates and restrictions on “less desirable” purchases – could lead economies to a much dark path. Prasad issued the warning during the 14th Annual Meeting of the New Champions hosted by the World Economic Forum (WEF). During one of […]
June 28, 2023
South Korean convenience store chain GS Retail is now rolling out gold bar vending machines at its locations, and they are proving to be a great hit among customers. GS Retail, with nearly 14,000 branches all over South Korea, reported that it has already sold a total of $19 million worth of gold bars in the past […]
June 28, 2023
JPMorgan recently introduced euro-denominated payments for its corporate clients with its JPM Coin blockchain payment system. The system went live with its euro transactions last week, and the first payment in euros on its platform was carried out by the German company Siemens. JPM Coin was originally launched in 2019 for dollar payments with the […]
June 24, 2023
If the International Monetary Fund (IMF) is successful in unleashing a new “global Central Bank Digital Currency (CBDC ) platform,” as managing director Kristalina Georgieva says the group is currently “working hard” on, then soon the world’s entire money supply will be controlled by a “group of unelected bureaucrats.” Right now, the various currencies of […]
June 10, 2023
The members of the BRICS bloc of major emerging economies have recently met to decide on adding new members and creating a common currency to challenge the United States dollar. The five nations [...]