How The Military Defeated Trump’s Insurgency

Trump was seen as a presidential candidate who would possibly move towards a less interventionist foreign policy. That hope is gone. The insurgency that brought Trump to the top was defeated by a counter-insurgency campaign waged by the U.S. military. (Historically its first successful one). The military has taken control of the White House process …

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China Readies Yuan-Priced Crude Oil Benchmark Backed by Gold

The world’s top oil importer, China, is preparing to launch a crude oil futures contract denominated in Chinese yuan and convertible into gold, potentially creating the most important Asian oil benchmark and allowing oil exporters to bypass U.S.-dollar denominated benchmarks by trading in yuan, Nikkei Asian Review reports. The crude oil futures will be the …

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The Usury Based System. Towards a Worldwide Financial Disaster?

It is more obvious every day that with the accession of Donald Trump to the presidency of the United States—I refuse to use the word “election,” because I am convinced that Trump was designated for this position by the “deep state” and the controlled media—a major world disaster is not only likely but probably inevitable. …

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Russia, China Lay Groundwork for BRICS Transactions in Gold

Trading in local currencies has already started — and lays the groundwork for facilitating BRICS transactions in gold Recent progress made in streamlining trade in local currencies has brought Moscow and Beijing closer to creating a financial architecture that could facilitate transactions in gold. As we reported last week, Moscow and Beijing took another step towards …

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Yuan Clearing Bank Opens in Moscow as Russia, China Dump Dollar in Bilateral Trade

Moscow and Beijing took another step towards de-dollarization with the announcement of the opening of a renminbi clearing bank in Russia on Wednesday. Local currency transactions were first used in both countries' border regions. Today, more and more Chinese and Russian financial institutes and enterprises are using local currencies to invest and settle accounts, as the yuan-ruble trade platform is …

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Cash No Longer King: Europe Moves to Begin Elimination of Paper Money

In the shadow of Donald Trump’s spree of controversial actions, the European commission has quietly launched the next offensive in the war on cash. These unelected bureaucrats have boldly asserted their intention to crack down on paper transactions across the E.U. and solidify a trend that has been gaining momentum for years. The financial uncertainty …

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