Economist’s “ News and Views” Friday 7-19-2024
Gold & Silver Prices Crash Again, While Global Tech Outage Shuts Down Airlines & More
Arcadia Economics: 7-19-2024
Gold and silver prices continued their sharp selloff on Friday morning, which follows a selloff in the stock markets this week.
And before the markets were opening, a global tech outage hit airlines and business services.
There's a lot happening this morning.
And fortunately Vince Lanci is here to break it all down and explain how it's impacting the markets.
To find out more, click to watch the video now!
Gold becoming legal tender Feat. Rob Kientz - LFTV Ep 182
Kinesis Money: 7-19-2024
In this week’s episode of Live from the Vault, Andrew Maguire and Rob Kientz of Gold Silver Pros discuss the changing world order, shifting market sentiments worldwide, and the transformative potential of sound money in fostering economic stability.
The precious metals experts delve into the principles of the Citizens for Sound Money movement, critically examine global Central Bank Digital Currency (CBDC) projects and issue a powerful call to action for today’s youth.
Timestamps
00:00 Start
02:45 Rob’s involvement with Citizens for Sound Money
11:15 Central Bank Digital Currencies
21:50 Physical gold’s impact and future
29:00 What’s happening in America
38:00 The United Kingdom and the youth
44:00 Retail and wholesale market sentiment
54:00 The dedollarisation process, war and geopolitcal change
BRICS Leave IMF and WTO: What are the alternatives?
Fastepo: 7-18-2024
At the upcoming BRICS summit in Kazan, one of the key topics on the agenda is the reform of international financial institutions, specifically the International Monetary Fund (IMF) and the World Trade Organization (WTO).
Russian Foreign Minister Sergey Lavrov has emphasized the importance of addressing these issues to enhance the global economic governance system and make it more inclusive and representative of emerging economies.
The BRICS nations, which include Brazil, Russia, India, China, and South Africa, are pushing for reforms that will better reflect the economic realities of the 21st century.
They argue that the current structures of the IMF and WTO disproportionately favor developed countries and do not adequately represent the interests of the Global South.
This includes calls for revising the IMF's quota system to give more weight to developing nations and for restoring the full functionality of the WTO's dispute settlement mechanism.
In this video, we explore the reasons behind the dissatisfaction with the IMF and WTO by examining cases where their policies have caused significant issues for borrowing countries.
We also discuss the solutions proposed by the Global South to address these challenges.