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News & Articles By Belle Carter
07/13/2023
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By Belle Carter
USD dominance will substantially weaken with BRICS launch of a gold-backed cryptocurrency
Russia recently announced the possibility of the gold market’s new bullish momentum with the introduction of a new trading currency backed by gold. This compounds the de-dollarization trend unfolding in the global economy, which included the prevalent historic pace of purchasing precious metals by central banks worldwide since the middle of 2022 to diversify their reserve […]
07/13/2023
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By Belle Carter
DEBANKING: Brexit leader warns CBCDs will bring tyranny after his longtime bank closed his account
For former member of the European Parliament and Brexit leader Nigel Farage, the prevalent “debanking” efforts in the United Kingdom are paving the way for the tyranny of a cashless society. The said practice by traditional banks of suspending accounts is apparently driven by the use of holdover European Union directives prior to Brexit, Farage said. […]
07/13/2023
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By Belle Carter
SUPPLY CHAIN WARNING: China flexes world domination muscle, restricts mineral exports vital for semiconductors and EV battery production
As if warning the United States not to overpower China economically, the Chinese Communist Party (CCP) suddenly declared new export restrictions on gallium and germanium, two metals crucial for semiconductor manufacture. The announcement came just days before U.S. Treasury Secretary Janet Yellen headed to China to discuss economic and trade relations. According to the Wall […]
07/07/2023
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By Belle Carter
END OF THE DOLLAR: SCO nations to abandon USD, shift to domestic currencies for financial transactions
The United States dollar (USD) could suffer another huge blow that could send it down the drain as heads of the Shanghai Cooperation Organization (SCO) member states have made a landslide decision to conduct the majority of transactions in national currencies instead of the American dollar, following Iranian President Ebrahim Raisi’s proposal to ditch the dollar […]
07/06/2023
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By Belle Carter
Expert warns CBDCs could lead economies to a dark path – where governments dictate what you can purchase
Eswar Prasad, a Cornell University professor, has warned that central bank digital currencies (CBDCs) – with their expiry dates and restrictions on “less desirable” purchases – could lead economies to a much dark path. Prasad issued the warning during the 14th Annual Meeting of the New Champions hosted by the World Economic Forum (WEF). During one of […]
06/27/2023
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By Belle Carter
South Korean convenience store rolling out vending machines that SELL GOLD
South Korean convenience store chain GS Retail is now rolling out gold bar vending machines at its locations, and they are proving to be a great hit among customers. GS Retail, with nearly 14,000 branches all over South Korea, reported that it has already sold a total of $19 million worth of gold bars in the past […]
06/21/2023
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By Belle Carter
National debt hits record-high $32 trillion two weeks after suspension of debt ceiling
The United States’ gross national debt hit a record-breaking $32 trillion on Friday, June 16, less than two weeks after President Joe Biden signed into law the suspension of debt ceiling. According to the nation’s treasury data, the national debt is currently at $32.03 trillion. The Congressional Budget Office estimates the country’s deficit for the […]
06/18/2023
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By Belle Carter
Fed PAUSES rate hike, but warns of 2 MORE before end of the year
The Federal Reserve has paused a planned 11th rate hike, but warned of two more increases before the end of 2023. The American central bank decided against the hike on June 14, amid its scrutiny of its 10 previous rate hikes. Nevertheless, the Federal Open Market Committee (FOMC) projected two more quarter percentage hikes before […]
06/16/2023
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By Belle Carter
Bond investors warn: Brace for INEVITABLE RECESSION caused by Fed’s continued RATE HIKES
Bond investors warned that the U.S. is heading toward an inevitable recession – all thanks to the Federal Reserve’s continued interest rate hikes. The investors’ warnings contrasted with the Biden administration’s narrative of U.S. stocks returning to a bull market, the economy outperforming expectations and the threat of an economic collapse being mitigated. Sticking to […]
06/15/2023
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By Belle Carter
GREEDFLATION: Predatory corporations still raising prices for bigger revenue despite falling input costs
A recent report from consumer-advocacy group Accountable.US revealed that S&P 500 food and consumer-goods giants are still raising prices even as input costs are falling. Dubbing the measures “greedflation” in place of inflation, Accountable.US said these companies still attach their products with hefty price tags to protect what a new report calls their “cushioned corporate profits,” and doing so […]
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