Financial Markets and Money Warfare - Ripple XRP gains popularity - US Dollar's strength threatened by China, India and Russia Oil trade and gold-backed currencies
As gold backed digital currencies remove the need for SWIFT Fiat/Petrol currencies...
FINANCIAL WAR: Russia Is Now Initiating A Short Squeeze On Gold Derivatives In The West... Commentators are trying to make sense of Russian moves. However, there is a back story which differs from much of the speculation, which this article addresses.
By pegging gold to the ruble, Russia has just wiped out the dollar’s clout from the world markets... Trump said that Putin is a really smart leader. Well, he said this for a reason!
Ripple Unlocks Another 1 Billion XRP Today, Price Drops By 6%... Continuing its program for injecting more coins into circulation, Ripple has once again withdrawn 1 billion XRP at a price of $811.39 million. This process has been carried out on a regular basis since 2017, on the first day of a each month.
XRP WARNING 💥 THIS BANK JUST FLIPPED THE XRP SWITCH INTO MORE COUNTRIES...
Russia Central Bank Announces Ruble Bound to Gold! 5000 Rubles per Gram... The Central Bank of Russia has officially announced that, as of March 28, 2022, the Russian Ruble currency is BOUND to Gold. The rate is 5,000 Rubles per gram of gold bullion.
Moving Towards Multipolar 'Fair World Order'... Did Russia Intentionally Trigger A Monetary System Reset? Paul Craig Roberts - Russia Just Announced A Gold-Backed Ruble The Fed Owned The Bond Market, Now It's Breaking It Russia is offering a SWIFT alternative to India for ruble payments
Citi to Sell India Retail Unit for $1.6 Billion to Axis Bank... Citigroup Inc. agreed to sell its India retail banking business for about 123 billion rupees ($1.6 billion) cash to Axis Bank Ltd., as the U.S. lender seeks to consolidate its operations in identified markets.
Telegram: Whiplash347 101069: China's Evergrande... Evergrande sells off $575mn project to state-owned firms – shares tank China Evergrande Group will sell land-use and building rights worth $575mn to Zhejiang Construction and Zhejiang Real Estate, which covers a debt of $145mn to the two state-owned entities. Evergrande has also set up an independent inquiry to investigate how banks were able to seize $2.1bn of deposits that had been pledged as security for third-party guarantees. The move comes as shares in China Evergrande New Energy Vehicle Group, which only resumed trading Wednesday after being suspended for over a week, plummeted 14.5%. - RT News Waiting on Update now Evergrande owned by Blackrock & Vanguard also links to Rio Tinto & BHP in Australia. This will be massive.
Russia Built Parallel Payments System That Escaped Western Sanctions... Western sanctions have disrupted nearly every part of Russia’s financial system, but there is one big exception.
XLM or XRP- Decoding LatAm’s crypto cross-border remittance preference... Cross border remittances are a matter of life and death as the Russia-Ukraine war and Afghanistan’s frozen funds have shown us. However, there are plenty of high-stakes use cases for crypto investors even in less precarious financial situations.
Indian-driven gold mining project in Russia praised at BRICS ..... An Indian-driven gold mining project in Siberia has been has been hailed at the BRICS Summit here as the first practical implementation of the objectives of the grouping comprising Brasil, Russia, India, China and South Africa.
Five firms representing BRICS nations ink pact to mine gold... Five players from BRICS nations today inked agreement to develop the Kluchevskoye gold deposits located in the Chita region of Russia at pre-production investment of $400-500 million.
What You Need To Know About Physical Gold Supply And Demand... Much of the confusion regarding the gold price has to do with gold’s dual nature, being both a currency and a commodity. This confusion is removed when you realize that in terms of supply and demand dynamics gold trades more like a currency than a commodity.
Ripple Identified as "Opportunity in Payments" Alongside Circle by Goldman Sachs... A recent report by Goldman Sachs' Investment Banking Division, "Overview of Digital Assets and Blockchain," identifies Ripple as an "opportunity in payments," alongside Circle, a peer-to-peer payment technology, and Coinbase. The report highlights RippleNet, a network of institutional payment providers like banks and money remittance services that use solutions built by Ripple.
Gold industry taps blockchain for supply chain management and fraud prevention... Some of the most prominent organizations in the gold industry have joined forces to launch a new “integrity program” that utilizes blockchain technology for supply chain management — a move that’s intended to help market participants verify the authenticity of their bullion.
#GotGoldorRubles? Did Russia Just Break The Back Of The West?... I don’t think everyone has yet caught the significance of Russia announcing they are putting a floor under the price of gold.
Gold industry taps blockchain for supply chain management and fraud prevention... Some of the most prominent organizations in the gold industry have joined forces to launch a new “integrity program” that utilizes blockchain technology for supply chain management — a move that’s intended to help market participants verify the authenticity of their bullion.
Ripple Identified as "Opportunity in Payments" Alongside Circle by Goldman Sachs... A recent report by Goldman Sachs' Investment Banking Division, "Overview of Digital Assets and Blockchain," identifies Ripple as an "opportunity in payments," alongside Circle, a peer-to-peer payment technology, and Coinbase. The report highlights RippleNet, a network of institutional payment providers like banks and money remittance services that use solutions built by Ripple.
Telegram: Whiplash347 100055: Switching from Fiat Currency to Digital Currency...
Bank of England Governor warns real incomes to be hit by ‘historic shock’ bigger than in any year in 1970s... Bank of England Governor Andrew Bailey warned on Monday that real incomes in Britain are set to be hammered by an economic shock from soaring energy prices bigger than in any single year in the 1970s oil crisis.
It's Official! Russia Central bank Announces Ruble Bound to Gold! 5000 Rubles per Gram... The Central Bank of Russia has officially announced that, as of March 28, 2022, the Russian Ruble currency is BOUND to Gold. The rate is 5,000 Rubles per gram of gold bullion.
Britain will reveal crypto regulation plans in coming weeks, sources say... The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token known as stablecoins, according to four industry sources familiar with the matter.
Tesla seeks 2nd stock split in less than 2 years... Shares of Tesla jumped at the opening bell Monday after the electric car maker announced its second stock split in less than two years.
UPDATE: AMC to acquire 22% of gold and silver miner Hycroft in surprise move... AMC Entertainment Holdings Inc. AMC, -0.39% said Tuesday it is buying 22% of Hycroft Mining Holding Corp. HYMC, 1.50% and its 71,000 acre Hycroft Mine in Northern Nevada, that is understood to have 15 million ounces of gold deposits and some 600 million ounces of silver deposit.
Lloyds, Halifax and Bank of Scotland to shut 60 branches...
See more Financial Updates - March 26th Edition