Friday, July 5, 2024

LATEST FROM AMERICAN PATRIOT FROM RVHIGHLIGHTS TELEGRAM ROOM, 5 JULY

 AMERICAN PATRIOT

GCR👉 Global Currency Reset - The global trend toward using national currencies in trade instead of the US dollar gained significant momentum after Russia was cut off from the Western financial system and had its foreign reserves frozen in 2022.                                                                                                                                                      https://www.rt.com/business/600435-sco-national-currencies-putin/

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The FED👉 The Federal Reserve and Federal Deposit Insurance Corporation (FDIC) say the lenders’ so-called “living wills” – which in part detail how banks could safely unwind their derivatives portfolios without requiring government assistance – are inadequate, reports Reuters.                                                                                            https://dailyhodl.com/2024/06/22/jpmorgan-chase-bank-of-america-and-citibank-flagged-for-holding-trillions-of-dollars-in-derivatives-without-proper-contingency-plans/

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RV - The U.S. abandoned the gold standard in 1933. But ninety-one years later, in the midst of an inflation crisis, investors are flocking back to the original.                       https://schiffgold.com/key-gold-news/golds-natural-scarcity-propels-its-valuation-growth/

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