TNT, X22 Reports, Charlie Ward and more Late Sun.PM/ Early Mon. AM
TNT:
Harambe: Bloomberg: PBOC Governor Says 4 Million Transactions so Far in Digital Yuan
(11/2/20)
More than 2 billion yuan ($299.07 million) has been spent using China's new digital currency so far in 4 million separate transactions, Yi Gang, the governor of the People's Bank of China (PBOC), said on Monday.
China's digital yuan is one of the most advanced central bank digital currency (CBDC) initiatives underway around the world, as authorities globally respond to the threat from private currencies such as bitcoin or Facebook's FB.O Libra.
CBDCs are designed to replace physical cash with a digital currency giving the holder a direct claim on the central bank.
China's version follows a two-tier approach, with the PBOC issuing the digital yuan but commercial banks and big tech companies having a role in distributing it to consumers.
China has launched several pilot schemes for the digital yuan, most recently in the southern city of Shenzhen last month, when the PBOC gave 200 yuan ($29.75) each to 50,000 consumers selected in a lottery to spend in selected stores.
Yi, who was speaking at Hong Kong's "Fintech Week" conference, said that the 2 billion yuan had been spent in pilot initiatives in four cities via 12,000 payment scenarios.
Harambe: CNBC: Oil prices slip 3% as Europe widens lockdowns ... Brent Crude $37.27
(11/2/20)
Oil prices fell more than 3% on Monday on worries a swathe of coronavirus lockdowns across Europe will weaken fuel demand, while traders braced for turbulence during the U.S. presidential election week.
Brent crude for January was at $37.03 a barrel, down 91 cents, or 2.4%,, while U.S. West Texas Intermediate fell $1.06, or 3%, to $34.72 a barrel. Brent fell as much as 5.8% and WTI as much as 6% in early trade, hitting their lowest levels since May.
Countries across Europe have reimposed lockdown measures aimed at slowing COVID-19 infection rates which have accelerated in the continent in the past month.
“The lockdown measures announced by UK and by Italy are just adding to the deteriorating European situation,” Michael McCarthy, chief market strategist at CMC Markets in Sydney said.
“A lot of traders are now looking at the U.S. and their rising infection rates and wondering if Europe is providing the model for what will happen in the U.S. in the coming weeks.”
Oil pared some losses after Japan’s export orders grew for the first time in two years, China’s factory activity accelerated at the fastest pace in nearly a decade in October. More manufacturing data is expected from the eurozone and the United States.
Still, concerns about weakening demand and rising supplies from OPEC and the United States caused oil prices to fall for a second straight month in October, with WTI falling 11% and Brent 8.5%.
https://www.cnbc.com/2020/11/02/oil-markets-coronavirus.html
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Courtesy of Dinar Guru
Austin-Powers-For-PM Article: "A Source Confirms: The Continuation Of The Suspension Of Employee Salaries For 10 Months" Quote: "An official source in the Ministry of Finance stated, on Sunday, that instructions were issued not to disburse any check for salaries of state departments." Bingo! We have finally hit the Schwerpunkt of this whole process. They are forcing action instead of promising that the salaries will be "Next week." The article basically was telling the citizens "You ain't getting paid." Nobody in their right mind would put that article out under normal circumstances. It would lead to rioting. It also broke a pattern, which means it needs to be replaced with another pattern. They are telling the citizens, in an indirect way, they are going to get paid electronically and that everything is about to change. There is no going back.
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Sunday Night X22 Reports
The [CB]s are doing exactly what the Patriots want them to. Episode 2317a
The patriots have control over the economy, the [DS]/[CB] are now lost in their own narrative and nobody is buying what they are selling. Trump has prepared the economy, the [CB] are now proceeding with their plan, this is what the patriots want, they are now trapped.
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Remember, Remember The 3rd Of November, Are You Ready To Take Back The Country – Episode 2317b
The [DS]/MSM have lost and they are now planning their revenge, this is not on Trump but on the people. The silent majority is no longer silent and the MSM/[DS] talking points no longer work. The evidence is out, its time to take back the country. Remember the 3rd of Nov, the day the country was returned to the people.