From: zero hedge On Tuesday 26 April in an interview with the newspaper Rossiyskaya Gazeta (RG), the Secretary of the Russian Federation's Security Council, Nikolai Patrushev, said that Russian experts are working on a project to back the Russian ruble with gold and other commodities. The interview, which is in Russian, can be seen
From: zerohedge Goldman has reportedly offered its first ever lending facility backed by BTC as the Wall Street giant deepens its Bitcoin offerings. Goldman Sachs has offered its first bitcoin-backed loan. The arrangement, made popular over the past few years in the Bitcoin industry by newer companies, enables a bitcoin holder to obtain fiat money
Currency Central Holdings Inc. -- 4/21/2022 -- Knoxville, TN -- For the first time since 1971 the US has defaulted on its banking obligations and the PetroDollar system marking 'peak Dollar.' While only a handful of public figures have a handle on the situation, we are concerned that the White House is spreading dangerous misinformation
By Jorge Vilches for the Saker Blog Russia is currently “defaulting” or — in the best of cases — on a very direct and firm path to an inevitable “default”. Or at least this seems to be what the Western press and international rating agencies are pushing and rooting for, same as specialized academia, think-tanks,
From: zerohedge Three weeks ago, when we predicted that the Yen was about to suffer a "downward spiral" (which it did, and prompted the BOJ to beg Yellen for coordinated currency intervention, only to be denied by the Treasury Secretary who is terrified of what importing even more inflation would mean for Biden's catastrophic approval
From: zerohedge At the end of March, we warned that the "Yen was At Risk Of "Explosive" Downward Spiral With Kuroda Trapped"... Yen At Risk Of "Explosive" Downward Spiral With Kuroda Trapped... And Why China May Soon Devalue https://t.co/8UbeP36cJL -- zerohedge (@zerohedge) March 30, 2022 .... and that, more or less, is what happened with
From Crow Wisdom Today most of the world’s trade is conducted in USD (U.S Dollars). This is the “defacto” global reserve currency for trading between most nations. Around the end of WW2 (World War 2) the “Bretton Woods” system was setup by a group of 44 nations in a conference held at Bretton Woods, New
From CNBC Faced with stiffening sanctions from Western countries over its invasion of Ukraine, Russia is considering accepting bitcoin as payment for its oil and gas exports. In a videotaped news conference held on Thursday, the chair of Russia’s Duma Committee on Energy said in translated remarks that when it comes to “friendly” countries such
From Zero Hedge Not one day seems to pass without the EU taking an aggressive step toward comprehensive self-destruction. Today, we learn that the "not-quite-yet-green" continent is doing everything it can to make investors in evil fossil fuels and commodity bulls even richer as after weeks of waffling, European officials are drafting plans for an
The move came alongside action by Germany, which earlier on Tuesday announced the shutdown of Hydra Market and seizure of $25 million in bitcoin, Russia. The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russia-based Hydra Market, calling it the world's largest and most prominent darknet market. “The global threat of cybercrime and ransomware
