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Why cash will be obsolete within a decade

24 Sep 2021 By John Detrixhe, Quartz: Central banks like the US Federal Reserve are printing more paper money than ever. But Cornell University economics professor Eswar Prasad, who published a new book on the future of money, thinks cash has outlived its usefulness. Prasad’s book, The Future of Money: How the Digital Revolution is Transforming Currencies and …

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Going for gold: Russia to eliminate US dollar from sovereign wealth fund THIS MONTH amid warning of politics sabotaging currency

4 June 2021 From RT.com: Russia’s sovereign wealth fund will take a punt on gold and slash $40 billion of US currency entirely out of its investment portfolio amid growing tensions with Washington, the country’s finance minister announced on Thursday. Anton Siluanov said that the National Wealth Fund would reduce its share of dollars to …

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What if… $800B in Lost Bitcoin Went to Physical Gold and Silver Instead?

26 May 2021 By Steve Brown, The Duran: Steve Brown Whatever motive the mysterious Satoshi Nakamoto had for introducing his white paper after the financial collapse of 2008-2009 has long since been either subverted or achieved, depending on one’s point of view. Today bitcoin is a speculation hijacked by Wall Street, and the Fed won’t let it …

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Gold to Rise to $2,000 on Low Rates, Weak Dollar: Aberdeen Standard Investments

8 April 2021 From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold’s road back to $2,000, India’s gold imports reach a monthly record, and why silver deserves the commodity spotlight. Rising bond yields could pave the way for $2,000 gold In an interview …

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Silver Demand in Auto Industry Expected to Surge and Other Silver News

8 Mar 2021 By Peter Schiff, SchiffGold: The use of silver in the automotive sector is expected to surge in the coming years, according to the feature story in this month’s edition of the Silver Institute’s Silver News. With modern cars using more silver than ever in their advanced technology components, analysts project the auto industry will likely need …

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