Wednesday, November 13, 2024

Poland now has more gold reserves than the UK

by Liz Heflin, ReMix News:

NBP head Glapiński made sure to note Poland’s credibility and solvency, even with a war going on next door

Adam Glapiński, president of the National Bank of Poland, announced at a press conference on Thursday that “on behalf of all Poles,” the bank now has 420 tons of gold, making it part of the “exclusive club of the largest holders of gold reserves in the world,” reports Do Rzeczy.

Glapiński also commended the manner in which the gold was purchased, in particular the prices the gold was purchased at.

Bank of America Customers Report Problems Having Issues Accessing Bank Accounts

by Shane Trejo, Big League Politics:

On October 2, 2024, customers at Bank of America reported having issues accessing their bank accounts. Others reported having account balances currently showing $0.

Per the tracking website Downdetector, the outage kicked off around  12:30 p.m. E.T. on October 2.

An hour later, over 20,000 user complaints were submitted through the website. Jack Phillips of The Epoch Times reported multiple cases of BOA members posting screenshots of account balances at $0 across social media platforms.

Even an Epoch Times staff member reported not being able to log in to their BOA account. Several users across social media platforms revealed that BOA had not notified them about the issue.

“MARK MY WORDS! Central Banks Will Send BTC & Crypto Straight to the Moon” – Raoul Pal (my view on economy)

by Alex Christoforou, The Duran:

I haven’t followed much Ukraine news for over a week. Lately, with the yen carry trade unwind, I’ve been focused specifically on economics. I posted videos before with Raoul Pal. While he’s insightful, he’s not entirely honest when blaming what happened on simple people, as he mentioned in the last video I posted:

Banks To Join SWIFT Digital Asset Trials In 2025

by Helen Partz, Activist Post:

Banks in North America, Europe and Asia are preparing to participate in trials involving digital assets by the Society for Worldwide Interbank Financial Telecommunication (SWIFT).

SWIFT announced on Oct. 3 that it will begin digital asset trials on its network in 2025. The trials will involve experiments with transactions that include multiple digital currencies and assets.

The “Financial Coup” That Seized America

by Peter St. Onge, Activist Post:

In the wake of the 2008 Financial Crisis, former chief economist of the IMF Simon Johnson warned that the same dysfunctional policies he saw in his basketcase banana republics had taken hold in the United States.

Johnson warned that if America didn’t act fast, we would plunge into a “Quiet Coup” as the American financial system effectively captures the government, bailing itself out until we run out of money.

Well, we didn’t act fast. In fact, we got worse.

KNOW WHEN TO HOLD EM — Guy Gotslak

from SGT Report:

Michael Saylor has turned his company MicroStrategy into a financial juggernaut due to his Bitcoin strategy. MicroStrategy now owns more Bitcoin than any other corporation on earth and his strategy to hold Bitcoin on the balance sheet instead of depreciating cash has made Saylor’s company the best performing stock on the U.S. market in recent years. Saylor believes Bitcoin will go to $13 million per coin in the next 21 years. Is he off his rocker, or does he just know more about this asset than you do? Guy Gotslak the President My Digital Money joins me to discuss.

My Digital Money: The BITCOIN & Crypto IRA Platform For Retirement Investing!
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Biggest Monetary Shock in 50 Years

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by Jim Rickards, Daily Reckoning:

I’d like to start today’s issue by extending my thoughts and prayers to those impacted by Hurricane Helene, which has devastated significant portions of the southeast with massive flooding.

The death toll is over 100 and may increase significantly. Let’s all hope the affected areas will recover.

Moving on, with so much attention focused on the U.S. presidential election, the war in Ukraine and the war in Gaza, which is spreading to Lebanon, it’s easy to lose sight of other geopolitical developments that may be even more significant in the long run.

Exclusive: Inside a Swiss nuclear bunker’s secret Bitcoin vault

by Gareth Jenkinson, Coin Telegraph:

It sounds far-fetched, but it’s true. A vault in a secret nuclear bunker in the Swiss Alps protects a significant amount of Bitcoin.

Cointelegraph visited the facility to see how multiparty computation (MPC) shards stored in bunkers are used to provide bleeding-edge security to one of the world’s first Bitcoin BTC $65,733.62 banks.

Prepper Group Training: Indigenous Guerrilla Teams – Part 1

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by Bulldog, Survival Blog:

I would like to begin my topic by examining two concepts. I feel both ideas illustrate the hearts and souls of many men and women within today’s prepper and survivalist communities.

The first one is an analogy. Its origins have most been often attributed to Lt. Col. Dave Grossman. Lt. Col. Grossman’s premise was that all people can be placed into one of three groups; “sheep, sheepdogs, or wolves.”

The second, frequently attributed as being the words and wisdom of Edmond Burke during the French Revolution. Over the years I have heard this in several variations, but it goes something like this; “The only thing necessary for the triumph of evil is that good men do nothing.”

Canada Halts Digital Loonie

by Martin Armstrong, Armstrong Economics:

Over 130 nations are attempting to create a digital currency as we move toward a cashless society. I recently explained how Australia is prioritizing a wholesale CBDC with a retail one to follow. The Bank of Canada recently shelved plans to create a digital Loonie, but rest assured this is a mere pause as the world will move to digitalization.