Tokenizing Gold Bullion Bars with Blockchain Technology

cbdc blockchain for tracking gold bars

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

NY Federal reserve launches CBDC “trial” on the heels of FTX collapse

central bank digital currency

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

Weekly Precious Metals News and Gold Prices

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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

BRICS: A New Global Gold Standard

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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

Federal Reserve Votes to Raise Key Interest Rate .75%

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 CEOs Issue Warning to Prepare to a Recession

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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