News, Rumors and Opinions Wednesday Morning 8-21-19
RV/INTELLIGENCE ALERT - August 21, 2019
(Disclaimer: The following is an overview of the current situation of the world based on intelligence received from several sources which may or may not be accurate or truthful.)
Sources are currently remaining silent as the transition progresses.
UK PM Boris Johnson is pushing onward with Brexit and Trump is preparing a peace plan with Afghanistan.
The Federal Reserve is expected to lower interest rates this month which may cause the USD to dramatically drop.
This will give reason to return to the gold standard to bring the USD back.
The US is expected to return to the gold standard within the first two weeks of September.
Once the US returns to the gold standard, the Federal Reserve will become obsolete and the IMF will announce a global gold treaty.
The IMF's gold treaty will call on all countries to return to the gold standard.
Once all countries return to the gold standard, the implementation of the New (Gold-backed) Financial System will be complete.
Fiat money will be completely erased.
The implementation of the New Financial System is the first phase of the GESARA agenda.
(Note: There will be no announcement for GESARA. GESARA is an agenda that the Earth Alliance is following. The GESARA agenda composes of several phases that will bring peace and prosperity to humanity.)
The trials and arrests of major figures and high profile individuals are expected to begin in September lasting throughout the rest of the year.
Meanwhile, the RV remains illusive but is expected to occur prior to the US returning to the gold standard.
Zimbabwe: Finance Minister to Issue Cash Notes Soon
8/20/2019 08:44:00 PM News
Aug 20 2019 12:08 Ray Ndlovu
Zimbabwe will issue new notes and coins soon to replace the country’s quasi currency that was introduced three years ago in a failed attempt to counter a crippling shortage of cash and that’s pushed inflation to the highest rate since 2008.
The return to a fully fledged local currency exchangeable outside the country’s borders will be backed by an undisclosed amount of foreign-exchange reserves, gold and loans, Finance Minister Mthuli Ncube said in an interview on August 15 in the capital, Harare.
A Treasury spokesman on Monday said it first needed to compile data on the country’s reserves before commenting on how much foreign exchange would be used to back the new currency.
“We already have our own local currency, but this will be the first Zimbabwe dollar notes which will trade at parity to the bond notes,” Ncube said.
The southern African nation abandoned the Zimbabwe dollar in 2009, after a bout of hyperinflation, in favor of a basket of currencies including the US dollar and the rand. In a bid to deal with the subsequent cash shortages, it introduced so-called bond notes, and RTGS$ in their electronic form, which aren’t accepted outside the country.
Ncube reintroduced the Zimbabwe dollar in June, accompanied by a ban on the use of foreign currencies. This led to a rapid erosion of spending power with the local dollar trading at almost 10 to the greenback. Bond notes were officially said to be at parity as recently as February.
Don961: Trump: We are considering new tax cuts
20 August 2019 10:42 PM
Direct: US President Donald Trump said that his administration looking tax cuts, including tax cuts on salaries.
Trump's comments followed a report in the Washington Post on Monday that the administration was considering a temporary reduction in payroll taxes to support the economy
The President said in remarks on the sidelines of his meeting with the President of Romania at the White House, on Tuesday: "reducing income taxes is something I think, many Americans want to see it"
But the president did not give details of the tax cuts and Trump did not set any timeframe
In another context, the US president reiterated his desire to reduce the Federal Reserve interest rate, saying: "If the Fed will do its work, we will see a huge boom in growth
Trump had called on the US central bank to cut interest rates by 100 basis points, along with some quantitative easing to support the economy
In December 2017, the US President signed the largest tax adjustment since the 1980s, which reduced the corporate tax rate to 21% from 35% and temporarily reduced the tax burden on most individuals link
Samson: Trump supports Russia's return to the G8
20th August, 2019
US. President Donald Trump has said he supports Russia's return to the Group of Eight (G8), which changed its name to the G7 after leaving Russia in 2014
This came during a press conference with his Romanian counterpart Klaus Johannis, at the White House, on Tuesday, according to the newspaper "The Hill" American
The paper said that Trump expressed his hope that Russia will rejoin the "Group of Seven" to be renamed the " G8" again
The G7 now includes the world's seven largest economies
"I am talking about Russia, because I have attended a number of G7 meetings, and I think it would be appropriate for Russia to return to it," Trump said
Trump's comments come days before he leaves for France to attend the upcoming G7 summit, which will include leaders of France, Canada, Italy, the United Kingdom, Japan and Germany
The newspaper pointed out that Trump's remarks may cause tension and escalation of accusations, which says that Trump is adopting a policy is strict to Russia, against the backdrop of accusations of meddling in the US presidential election in 2016 LINK
Another JP Morgan Trader Caught Manipulating The Silver Market
Silver Report Uncut: Published on Aug 21, 2019
Another trader has been caught spoofing the precious metals market. Christiaan Trunz has admitted to spoofing the silver market while working at JP Morgan as a precious metals trader. He also admitted that He was trained by senior traders and practiced this action hundreds of times before under direct instruction and knowledge of his supervisors. Probably get a fine and asked not to do it again.