Posts published on May 27, 2023 go to media archive

EU Securities Watchdog ESMA Warns of Unregulated Crypto, Gold Investment Offerings

The European Securities and Markets Authority (ESMA) has issued a warning regarding investments in assets like cryptocurrencies. They will remain unregulated in most countries until the EU’s Markets in Crypto Assets (MiCA) law is enforced across…

Rich Dad Poor Dad Author Robert Kiyosaki Says America Is Bankrupt Amid US Debt Crisis

Rich Dad Poor Dad author Robert Kiyosaki says America is bankrupt as lawmakers engage in lengthy negotiations over the debt ceiling. “Unfunded liabilities as Social Security are over $250 trillion,” he said as the U.S. faces a potential debt…

Treasury Secretary Yellen Revises Debt Default Date: US Government Could Exhaust Funds by June 5

U.S. Treasury Secretary Janet Yellen has updated her projection regarding the date the U.S. government could default on its debt obligations. She warned that the Treasury “will have insufficient resources to satisfy the government’s obligations if…

2024 US Presidential Candidate Ron DeSantis Says IRS Is ‘Corrupt,’ Insisting America Needs ‘Something Totally Different’

Florida’s 46th Governor, Ron DeSantis, recently declared his candidacy for the U.S. presidency in 2024 and has since participated in several interviews. While conversing with Dana Loesch on The Dana Show, DeSantis criticized the U.S. Internal…

Trade Bloc of Former Soviet States Ditches Dollar in 90% of Settlements

Trading within a Russia-led regional organization has effectively moved away from the U.S. dollar, according to the deputy head of the Russian government. The use of national currencies in the bloc’s transactions has reached around 90%, the…

China’s Credit Agency Downgrades US Credit Rating Over Debt-Ceiling Standoff and Looming Default

China’s oldest credit rating agency, Chengxin International Credit Rating (CCXI), made headlines this week by downgrading the United States’ credit rating. The agency lowered the rating from AAAg to AAg+ and attributed this decision to…

Economist Peter Schiff Surprises Critics, Dives Into Bitcoin-Backed NFT Market

Economist and ardent gold advocate Peter Schiff caused a stir on Friday by announcing his participation in an upcoming art sale featuring non-fungible tokens (NFTs). These unique digital collectibles will be minted on the Bitcoin blockchain using…

Argentina to Expand De-Dollarization Efforts; Seeks Extension of Yuan Based Swap Line With China

The government of Argentina is reportedly seeking to expand its de-dollarization agreement with China due to the lack of dollars that the country is facing. According to reports, Economy Minister Sergio Massa would be in talks to expand the current…

EAEU Official Urges BRICS and SCO for Joint Use of Digital Currencies, New Payment Card

Three integration unions with Russian participation, BRICS, SCO, and the EAEU, should adopt joint policies on the use of digital currencies, according to a top representative of one of them. He also believes the international organizations should…