Survival: Prepping with Silver
Not long ago, the idea of prepping, and having the tools to survive in the event of a disaster seamed pretty far fetched.
Breaking news from the precious metals industry. Gold, silver and platinum group mining, refineries and refining technologies, minting and distribution.
News and information about the global drivers of prices in the precious metals markets. Including central banks, interest rates, industrial manufacturing, electronics and investors.
Not long ago, the idea of prepping, and having the tools to survive in the event of a disaster seamed pretty far fetched.
The Bretton Woods Accord led to the dollar emerging as a reserve currency.
Following World War II, the US had the largest gold reserves.
Bretton Woods provided fixed gold prices that was pegged to the USD making it the central spoke for trade.
Days after Nixon resigned in 1974, President Ford signed legislation reversing Roosevelt’s executive order banning private gold ownership.
Public trust in government central banks and global banks continues to erode as the world economy staggers to recover from issues caused by the pandemic response. Many central banks have begun working on CBDC projects as a means of implementing programmable and controllable currencies even though popular opinion opposes the implementation of the G7, WEF … Read moreTokenizing Gold Bullion Bars with Blockchain Technology
Several weeks ago, the New York Federal Reserve quietly launched a 12 week long trial of a CBDC “digital dollar” pilot program in partnership with global banking giants like Citigroup Inc, HSBC Holdings Plc, Mastercard Inc and Wells Fargo & Co. The NYFR describes the project as an attempt to test the feasibility of using … Read moreNY Federal reserve launches CBDC “trial” on the heels of FTX collapse
Gold, Silver and Platinum began trading higher in the lead up to the midterm elections. There continues to be controversy surrounding the counting of votes in some states and precincts. Most mainstream media outlets have confirmed that the balance of power in the House of Representatives will shift across the aisle to the Republican party. … Read moreWeekly Precious Metals News and Gold Prices
Gold has been an instrumental component of the economy since before the American Revolution. Our founding fathers had the forethought to include gold and silver coins in the Constitution. A metallic standard was a central foundation for the economy in the United States based on gold and silver coins. The US Mint was established on … Read moreBRICS: A New Global Gold Standard
Government-issued gold coins have been a mainstay in the global economy and international trade since colonial times
As expected, the Federal Open Market Committee hiked the benchmark interest rate by 3/4 of a percentage point at the end of their two day meeting. Ongoing failed attempts by the Biden administration and Congress to get worries about the economy and a recession out of the minds of voters leading into the mid-term elections … Read moreFederal Reserve Votes to Raise Key Interest Rate .75%
Top CEO’s of major global companies including JP Morgan, FedEx and others are sounding alarm bells as a warning to investors and shareholders of the tsunami of financial woes ahead. Shares of FedEx sunk more than 20% following an announcement to expect lower earnings combined with a bleak forecast of a softening of global shipping … Read moreTop CEOs Issue Warning to Prepare to a Recession