Category: RV/GCR
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More Countries Shifting Away from US Dollar for International Trade
An increasing trend away from US dollar dominance continues. As the influence of the western economic system wanes, countries like Iran and Indonesia are leading the charge in conducting international trade using currencies other than the US dollar. Find out how these nations are forging new alliances and embracing alternatives to strengthen their economies and…
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Iraqi Government Bans Dollar Locally – Law Enforced with Fines and Jail for Citizens
In a surprising development, the Iraqi Interior Ministry has taken a decisive step to control the fluctuating black market exchange rate by banning local, in-country transactions in US dollars by Iraqi citizens. This move aims to bridge the gap between the official exchange rate and the black market rate, which has caused skyrocketing prices and…
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Central Bank Gold Purchases Set New Record In First Quarter 2023
Central banks worldwide are amassing significant amounts of gold in their reserves. They increased their holdings by 228 tons during the first three months of 2023, setting a Q1 record.
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Florida, Indiana Ban CBDCs: Gold As Money A State’s Right
Florida and Indiana have introduced a ban on the use of central bank digital currency (CBDC) as a form of money within their respective states. The legislation explicitly excludes CBDCs from the definition of money, aiming to protect consumers and businesses from what some perceive as a potential threat to economic freedom and security.