Wednesday, January 8, 2025

Worldcoin CEO: Global Digital Currency Tied To Global Digital ID Will Soon Be Required ‘Whether You Like It Or Not’

by Jim Hoft, The Gateway Pundit:

This is no longer talked about in futuristic terms; it’s a current reality that will soon be forced on all of humanity.

I’ve been saying for nearly three years now that the beast system is based on the world’s people accepting two technological components offered up by the Luciferian globalist elites: A globally recognized digital ID to replace the cards in your wallet and a globally recognized digital money to replace the cash in your wallet. The two together will comprise the foundation of the punitive global beast system.

JPMorgan Chase Has Bled $230.6 Billion in Deposits Since Q1 2022, With Declines in 5 of the Last 6 Quarters

by Pam Martens and Russ Martens, Wall St On Parade:

The data in the chart above comes directly from what the biggest bank in the United States, JPMorgan Chase, reported on its 10-Q filing with the Securities and Exchange Commission (SEC) for the quarter ending March 31, 2023. Despite all those mainstream media headlines and news stories about the biggest banks in the U.S. being the deposit beneficiaries of the banking panic earlier this year, the cold, hard facts on the ground are the following: at the end of the first quarter of this year, JPMorgan Chase had seen deposit outflows in four out of the past five quarters. Mainstream media conveniently forgot to mention that.

Massive Bank of America Paper Losses Underscore Problems in the Banking System

by Peter Schiff, Schiff Gold:

Four months after the failure of Silicon Valley Bank and Signature Bank, the financial crisis sparked by Federal Reserve rate hikes continues to simmer under the surface.

As of the end of the first quarter, Bank of America had over $100 billion in unrealized losses on its bond portfolio. This is the exact problem that torpedoed Silicon Valley Bank (SVB).

A Loaf of Bread is the Only Universal Currency

by Madame DeFarge, The Burning Platform:

It has been reported that there will be a meeting in August to announce a new gold based currency. If it is successful, it will be the final step in the attempt to eliminate the US international financial structure. Usually when empires fall there is a rival empire pounding on the gate. In our case however we only have the usual greed and stupidity of our Wall Street banking set and their lackeys to blame for the irresponsibility in our finances. Of course we citizens get the slap in the face for their errors!

Great King’s Days Are Numbered

by Jim Rickards, Daily Reckoning:

As I’ve been warning my readers, the most significant development in international finance since 1971 will be unveiled just over one month from today.

A new BRICS gold-linked currency will be announced on Aug. 22 at the BRICS Leader’s Summit conference in Durban, South Africa (the BRICS are Brazil, Russia, India, China and South Africa).

The fact is the global desire to move away from the dollar as a medium of exchange for international trade in goods and services has gone from a discussion point to a novelty to a looming reality in a remarkably short period of time.

Better Get Ready; Central Bank Digital Currency Is Coming

by Peter Schiff, Schiff Gold:

You had better get ready for the world of central bank digital currencies (CBDCs) because they are coming. And they are coming fast.

According to a recent survey by the Bank for International Settlements (BIS), as many as 24 CBDCs could be in circulation by 2030.

This means even more government control over your money.

According to the BIS, 93% of the 86 central banks surveyed said they are conducting work on developing a CBDC. Meanwhile, “The uncertainty about short-term CBDC issuance is fading.”

The End of the Great Keynesian Experiment

by Craig Hemke, Sprott Money:

A long time ago, in a galaxy far, far away, I came up with a tagline for my comments at ZeroHedge. It stated, “the end of the great Keynesian experiment is upon us, prepare accordingly”. Well, it has taken longer than I expected, but finally, here we are.

Let’s start with John Maynard Keynes. Who was he and what is this “great experiment”? In short, it was Keynes who popularized the idea of a debt-based monetary system where governments allow for unchecked growth of debt and the monetary base needed to support it.

CHINA THINKING TO END THE PETRODOLLAR SCHEME AS THEY MOVE TO PROTECT SAUDI ARABIA

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $23.45 TO $1976.60//SILVER SURPASSES THE 25 DOLLAR LEVEL TO $25.05//PLATINUM CLOSES UP $7.25 TO $987.15 WHILE PALLADIUM HAD A SOLID DAY UP $33.95 TO $1319.00//IMPORTANT COMMENTARIES TODAY: MATHEW PIEPENBERG//CHINA THINKING TO END THE PETRODOLLAR SCHEME AS THEY MOVE TO PROTECT SAUDI ARABIA//EU TO ELIMINATE ENERGY SUBSIDIES//TURKEY’S AGREEMENT TO ALLOW SWEDEN INTO NATO IS NOT A DONE DEAL WITH MANY CONTENIOUS STILL ON THE TABLE: DOWN GOES THE LIRA//COVID UPDATES/DR PAUL ALEXANDER//SLAY NEWS/VACCINE IMPACT/NEWS ADDICTS//USA RETAIL SALES DISAPPOINTS//INDUSTRIAL PRODUCTION IN THE USA LAGS//BIDEN TO PUMP ANOTHER $1.3 BILLION DOLLARS TO UKRAINE SO THAT MONEY CAN BE FUNNELED BACK TO DEMS.

Swiss Government Plans to Lock Away Secrets on Credit Suisse Collapse for 50 Years

by Pam Martens and Russ Martens, Wall St On Parade:

The “Deep State” is increasingly feeling like the “Deep Banking State.” Try to get any meaningful information to unravel the corrupt and dangerous interconnections between global banking behemoths today and some government or other entity has slapped a padlock on the information.

The latest example is the Swiss Parliamentary Commission of Inquiry that is delving into the collapse in March of the second largest global bank in Switzerland – Credit Suisse. The Commission has announced that it plans to lock away the details of its findings for 50 years. (UBS, the largest global bank in Switzerland, bought the crumbling remains of Credit Suisse earlier this year.)

ALL THE NEWS THEY SEE FIT TO OMIT — MATT & SGT

from SGT Report:

SGT Report producer Matt is back to share all of the REAL news the mainstream mockingbird media sees fit to omit. Thanks for tuning in!

Protect Your Retirement W/ A Gold. IRA
https://www.sgtreportgold.com/
Noble Gold is Who I Trust ^^^

Yellen Shocks Investors with Strange De-Dollarization Comment

from Birch Gold Group:

Janet Yellen, the current Secretary of the Treasury and former head of the Federal Reserve (2014-2018), assured us in 2017 there wouldn’t be another financial crisis during our lifetimes.

Maybe that was just wishful thinking. I can forgive her for failing to predict the 2020 coronavirus pandemic panic, the Federal Reserve’s multi-trillion-dollar money-printing stimulus spree (and the subsequent 2nd, 3rd and 4th largest bank collapses in U.S. history).

She downplayed inflation as it was heating up at the time. In this case, she claimed it would only be a short-lived “transitory” event. As we now know after 24 months of historic inflation, she was obviously way off base. I’ll give her credit for admitting she was wrong – eventually...

Inflation: Your Role as a Milk Cow

by Jeff Thomas, International Man:

Traditionally, inflation has been defined as “an increase in the amount of currency in circulation.” Such an increase almost always causes an increase in the cost of goods and services, since, more plentiful currency units lowers their rarity, as compared to the supply of goods and services, which remains roughly the same. Therefore, it shouldn’t be surprising if a 20% increase in the amount of currency units translates into a 20% increase in the price of goods and services.

Store Food While You Still Can, Because 2.4 Billion People Already Do Not Have Enough Food As This New Global Famine Accelerates

by Michael Snyder, The Economic Collapse Blog:

Global food supplies just keep getting even tighter, and global hunger has risen to extremely alarming levels.  People on the other side of the world are literally starving to death as I write this article, but most of us in the western world simply do not care about the millions that are deeply suffering because the mainstream media hardly ever talks about what is happening.  But the truth is that we are feeling the impact of this global food crisis too.  As I warned my readers repeatedly, the primary way that this crisis would manifest itself in wealthy countries during the early stages would be through higher food prices, and that is precisely what we are witnessing.  On Friday, I went to the grocery store and a small bag of chips that I could once buy on sale for 99 cents now has a regular price of 5.99 stamped on it.  Throughout the store there were so many products that I refused to purchase because I thought that they had simply become way too expensive, but those prices are not going back down to where they once were.  Food inflation is here to stay, and the entire planet is going to suffer as a result.

The bell tolls for fiat

by Alasdair Macleod, GoldMoney:

The importance of Russia’s announcement that a new gold-backed trade currency is on the BRICS meeting agenda for August 22—24 in Johannesburg seems to have gone completely over everyone’s heads, with mainstream media not even reporting it. 

This is a mistake. China and Russia know that if they are to succeed in removing the dollar from their sphere of influence, they have to come up with a better alternative. They also know they have to consolidate their trade partners into a formidable bloc, so plans are afoot to consolidate BRICS, the Shanghai Cooperation Organisation, and the Eurasian Economic Union along with those nations who wish to join in. It will be a super-group embracing most of Asia (including the Middle East), Africa, and Latin America.

GoldSeek Radio Nugget — Bill Murphy:

from GoldSeek Radio Nugget:

TRUTH LIVES on at https://sgtreport.tv/