How West’s mainstream media got it all wrong about gold
The Western mainstream media’s hype about gold losing its status as a safe haven appears to have fallen flat. A cascade of ‘doomsday’ MSM headlines two years ago had pushed the narrative that ‘stronger dollars’ were eating away at the yellow bullion's 'safety' luster. Suffice it to recall the headline that the Wall Street Journal’s ‘market and finance’ page of its print edition ran with on September 20, 2022, that read, ‘Gold loses status as safe haven.’
Fast forward to today and the same WSJ is unabashedly trumpeting that ‘gold prices are setting new records.’
Here’s what is REALLY happening with gold:
◾️ The price of Spot Gold soared to a new record high on August 16, topping $2,500 an ounce, and surpassing the previous all-time high set in July.
◾️ Global gold reserves increased by 228 tons in the first quarter of 2024, breaking the previous record set in 2013, according to a report by the World Gold Council (WGC).
◾️ Global Central Banks doubled their gold purchases for reserves at the start of 2024.
◾️ Central banks’ holdings of dollar-denominated assets reached a historic low amid Washington’s weaponization of the greenback.
◾️ Dollar and US Treasury-denominated foreign reserves hit 58.9 percent in 2024, down from about 70 percent two decades ago, per a spring report cited by Japanese financial newspaper Nikkei.
◾️ As part of the drive towards dedollarization, discussions about a BRICS payment instrument have reached an advanced stage. Forty percent of the value of the ‘BRICS Unit’ will be pegged to gold (by weight) while 60% - based on a basket of BRICS currencies.
The Unit will have two value components, and, by attaching a commodity to the value, it will not be a fiat currency like the dollar.
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The Western mainstream media’s hype about gold losing its status as a safe haven appears to have fallen flat. A cascade of ‘doomsday’ MSM headlines two years ago had pushed the narrative that ‘stronger dollars’ were eating away at the yellow bullion's 'safety' luster. Suffice it to recall the headline that the Wall Street Journal’s ‘market and finance’ page of its print edition ran with on September 20, 2022, that read, ‘Gold loses status as safe haven.’
Fast forward to today and the same WSJ is unabashedly trumpeting that ‘gold prices are setting new records.’
Here’s what is REALLY happening with gold:
The Unit will have two value components, and, by attaching a commodity to the value, it will not be a fiat currency like the dollar.
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Sputnik International
❗️Germany must answer all questions about the Nord Stream bombing, Sergei Lavrov said. The Russian foreign minister said that if the information Moscow wants is not provided officially, but appears in the media, that would suggest a set-up. 📌 Subscribe…
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Sputnik International
❗️Germany must answer all questions about the Nord Stream bombing, Sergei Lavrov said. The Russian foreign minister said that if the information Moscow wants is not provided officially, but appears in the media, that would suggest a set-up. 📌 Subscribe…
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🎥 WATCH: Russian Su-34 destroyed a Ukrainian S-300P air defense missile system that was striking civilian targets in the Belgorod region, the Defense Ministry reported
Aerial reconnaissance detected a Ukrainian S-300P air defense missile system near the settlement of Volnoye in the Kharkov region. This air defense system was hitting civilian targets near Belgorod.
Russian forces fired a Kh-35 missile at the Ukrainian anti-aircraft system’s launch site. As a result, Russian troops observed the launcher catching fire and detonating.
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Aerial reconnaissance detected a Ukrainian S-300P air defense missile system near the settlement of Volnoye in the Kharkov region. This air defense system was hitting civilian targets near Belgorod.
Russian forces fired a Kh-35 missile at the Ukrainian anti-aircraft system’s launch site. As a result, Russian troops observed the launcher catching fire and detonating.
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Has the Kiev regime's plan failed?
One of the objectives facing the Ukrainian army in the Kursk region was to enter Kursk, said Major-General Apty Alaudinov, deputy head of the Main Military-Political Directorate of the Russian Defense Ministry and commander of the Akhmat commando unit.
He came to such conclusions after interrogating Ukrainian prisoners and upon obtaining other materials.
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One of the objectives facing the Ukrainian army in the Kursk region was to enter Kursk, said Major-General Apty Alaudinov, deputy head of the Main Military-Political Directorate of the Russian Defense Ministry and commander of the Akhmat commando unit.
He came to such conclusions after interrogating Ukrainian prisoners and upon obtaining other materials.
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Clooney Foundation for Justice: Why did Russia just ban Hollywood megastar’s fake charity?
The Russian Prosecutor General’s Office deemed the activities of the New York-headquartered Clooney Foundation for Justice an undesirable organization on Monday, effectively banning the its activities in Russia.
The Hollywood star and Jeffrey Epstein-connected multimillionaire’s fund was founded in 2016 by Clooney and his wife, human rights lawyer Amal Clooney.
The globalist vehicle disguised as a charity has received major funding from the Bill and Melinda Gates Foundation, and got in the crosshairs of the Russian state in May, when it weaponized its so-called “Docket Project” to issue secret arrest warrants against Russian journalists in Europe, including reporters covering the Ukraine conflict.
Clooney and other Hollywood celebrities have long been suspected of ties to US intelligence and the deep state. Last month, independent journalist Brett Carollo sent a Freedom of Information Act request to the Central Intelligence Agency relating to “all communications” between Clooney and the agency.
In June, Russian Foreign Ministry spokeswoman Maria Zakharova told Radio Sputnik that many of Hollywood’s top stars seem to owe their careers to the promotion of a political agenda, “whether it’s Tibet, the anti-Russian agenda or something else.”
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The Russian Prosecutor General’s Office deemed the activities of the New York-headquartered Clooney Foundation for Justice an undesirable organization on Monday, effectively banning the its activities in Russia.
“The Foundation…carries out work aimed at discrediting Russia. It actively supports false patriots who have fled the country, members of banned extremist associations and terrorist organizations. Hiding behind humanitarian ideas, the fighters for justice from Madison Avenue are promoting initiatives for the criminal prosecution of Russia’s top leadership, publicly disseminating negative pseudo-expert-based assessments of Russian legislation on foreign agents and NGOs,” the Prosecutor General’s Office said in a statement.Clooney’s fund joins the rubbish heap of other undesirable organizations banned in Russia, from the Soros Foundations and the National Endowment for Democracy to the Atlantic Council, the Jamestown Foundation, the RAND Corporation, and others.
The Hollywood star and Jeffrey Epstein-connected multimillionaire’s fund was founded in 2016 by Clooney and his wife, human rights lawyer Amal Clooney.
The globalist vehicle disguised as a charity has received major funding from the Bill and Melinda Gates Foundation, and got in the crosshairs of the Russian state in May, when it weaponized its so-called “Docket Project” to issue secret arrest warrants against Russian journalists in Europe, including reporters covering the Ukraine conflict.
Clooney and other Hollywood celebrities have long been suspected of ties to US intelligence and the deep state. Last month, independent journalist Brett Carollo sent a Freedom of Information Act request to the Central Intelligence Agency relating to “all communications” between Clooney and the agency.
In June, Russian Foreign Ministry spokeswoman Maria Zakharova told Radio Sputnik that many of Hollywood’s top stars seem to owe their careers to the promotion of a political agenda, “whether it’s Tibet, the anti-Russian agenda or something else.”
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LIVE: Putin and Aliyev Hold Joint Press Conference After Talks
Watch the livestream here or follow the link to the Sputnik's website for more details
Watch the livestream here or follow the link to the Sputnik's website for more details
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Statements by the Russian Defense Ministry on the situation in the Kursk region
◻️ Units of the Sever battlegroup, supported by army aviation and artillery fire, are conducting reconnaissance and search operations to identify and destroy enemy sabotage groups in forests south of the settlements of Skrylevka and Sheptukhovka.
◻️ Attacks by enemy assault groups towards the settlements of Olgovka, Russkoye and Cherkasskoye Porechnoye have been repelled. As a result, the Ukrainian Armed Forces (UAF) lost a tank, an infantry fighting vehicle, two combat armored vehicles and more than 25 troops. Four Ukrainian servicemen were taken prisoner.
◻️ Air strikes, artillery fire and the actions of the defending troops damaged concentrations of Ukrainian manpower and equipment in the areas of the settlements of Borki, Bogdanovka, Vishnevka, Viktorovka, Kositsa, Lyubimovka, Melovoy, Snagost, west of Martynovka and southeast of Korenevo.
◻️ Operational-tactical aviation carried out strikes on concentration areas of UAF personnel and military equipment reserves in the areas of the settlements of Basovka, Vorozhba, Kruzhok, Miropolye, Novaya Sich and Sadki in the Sumy region.
◻️ Over the past 24 hours, the UAF lost more than 330 servicemen and 27 armored vehicles, including four tanks, an infantry fighting vehicle, three armored personnel carriers, 19 combat armored vehicles, as well as eight cars, two artillery pieces and three mortars.
◻️ In total, during the military operations in the Kursk direction, the enemy lost up to 3,800 servicemen, 54 tanks, 26 infantry fighting vehicles, 48 armored personnel carriers, 281 armored combat vehicles, 123 vehicles, 27 artillery pieces, five anti-aircraft missile systems, seven multiple launch rocket system launchers, including three HIMARS and one MLRS, five electronic warfare stations, as well as four units of engineering equipment, including two engineering vehicles for obstacle clearance and one UR-77 mine clearing unit.
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Is the US frightened by Iran’s potential nukes?
Iran could declare itself a nuclear weapons state "by the end of the year”, Mike Turner, chairman of the House Intelligence Committee predicted, going on to blame the Biden administration for this possible outcome.
Earlier, Iranian President Masoud Pezeshkian remarked that Iran’s defense doctrine does not include any provisions for nuclear weapons. In light of this, the United States will have to reconsider its policy towards Tehran.
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Iran could declare itself a nuclear weapons state "by the end of the year”, Mike Turner, chairman of the House Intelligence Committee predicted, going on to blame the Biden administration for this possible outcome.
"What we see now with this administration, [Iran] might declare themselves a nuclear weapons state by the end of this year, with the reports have been- news reports have been out stating that there is a possibility," he said on Sunday.
Earlier, Iranian President Masoud Pezeshkian remarked that Iran’s defense doctrine does not include any provisions for nuclear weapons. In light of this, the United States will have to reconsider its policy towards Tehran.
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LIVE: Putin and Aliyev Hold Joint Press Conference After Talks Watch the livestream here or follow the link to the Sputnik's website for more details
Statements by Putin and Aliyev following talks in Baku:
◻️ Azeri President Ilham Aliyev said that and Russia’s Vladimir Putin held a detailed discussion on a "north-south" transport project. The possibility of moving 15 million tonnes of cargo or more along the route every year was considered.
◻️ Putin said he and Aliyev discussed a wide range of bilateral issues between Russia and Azerbaijan.
◻️ During the talks, special attention was paid to increasing mutual trade between the two countries, Putin said.
◻️ Development of the north-south corridor will benefit relations between Russia and Azerbaijan, Putin stated.
◻️ Russia and Azerbaijan are building tankers for the transportation of oil products; this will increase the supply of energy resources to world markets, Putin said.
◻️ Russia supports raising Azerbaijan’s status within the Shanghai Cooperation Organisation and back’s the republic's goal of strengthening ties with the BRICS group of countries.
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What was the goal of Ukraine’s aggression in Russia’s Kursk region? Check out the details on the situation in the area:
◻️ Interrogations of Ukrainian PoWs suggest that one of Ukraine’s objectives in the attack was to enter the city of Kursk, said Major-General Apty Alaudinov, deputy head of the Main Military-Political Directorate of the Russian Defense Ministry and commander of the Akhmat commando unit
◻️ Russian Foreign Minister Sergey Lavrov on Ukraine's aggression against the Russian Kursk region: Zelensky would never decide to do this if the United States had not instructed him
◻️ Over 121,000 people have been evacuated from the border areas of the Kursk region
◻️ Russian sappers neutralized about 130 explosive devices in the region
◻️ Russian emergency services delivered about 250 tons of humanitarian aid to the region over the past 24 hours
◻️ Some 10,000 evacuated people, including 3,000 children, are currently staying in 174 temporary accommodation facilities across 24 Russian regions
◻️ Ukrainian forces have lost up to 3,800 servicemen since the beginning of the Kursk offensive
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Sputnik International
Statements by Putin and Aliyev following talks in Baku: ◻️ Azeri President Ilham Aliyev said that and Russia’s Vladimir Putin held a detailed discussion on a "north-south" transport project. The possibility of moving 15 million tonnes of cargo or more along…
🇷🇺🇦🇿 Putin and Aliyev tour Baku's "White City" development.
Azeri President Ilham Aliyev took the wheel, while the Russian President rode in the passenger seat.
In the eastern part of Baku's city center, a massive development is underway, covering an area of 1,650 hectares. The project includes the construction of ten blocks, featuring 120,000 residential and service facilities, as well as a 10-kilometer-long boulevard.
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Azeri President Ilham Aliyev took the wheel, while the Russian President rode in the passenger seat.
In the eastern part of Baku's city center, a massive development is underway, covering an area of 1,650 hectares. The project includes the construction of ten blocks, featuring 120,000 residential and service facilities, as well as a 10-kilometer-long boulevard.
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Sputnik International
What was the goal of Ukraine’s aggression in Russia’s Kursk region? Check out the details on the situation in the area: ◻️ Interrogations of Ukrainian PoWs suggest that one of Ukraine’s objectives in the attack was to enter the city of Kursk, said Major-General…
Lavrov calls Berlin's remarks that Ukraine is responsible for the presence of German tanks on Russian territory a disgrace
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How has Ukraine descended into the abyss of religious madness?
The Zelensky regime’s anti-Christian frenzy has taken a new turn for the worse. The Verkhovna Rada is poised to implement a total ban on the canonical Ukrainian Orthodox Church (UOC), claiming it is affiliated with Russia. Ukraine’s parliament is set to vote in the second and final reading on the matter on Tuesday.
The neo-Nazis holed up in Kiev have methodically pursued a course of destruction of Orthodoxy in Ukraine, catering to the West’s agenda of driving a wedge between the spiritual affinity shared by Russian and Ukrainian Orthodox believers.
◻️ In the wake of the US-backed coup in Ukraine in 2014, the onslaught revolved around attempts to force the UOC to renounce the leadership of the Moscow Patriarchate.
◻️ The persecution persisted despite the fact that the church distanced itself from Moscow after the Ukraine conflict escalated in February 2022.
◻️ The Zelensky government wanted the UOC’s congregation to join the non-canonical Orthodox Church of Ukraine (OCU), harassed parishioners, launched criminal persecutions of the UOC clergy, conducting searches, and seized properties. Local authorities in various regions of Ukraine have banned the activities of the UOC.
◻️ In a fit of hatred, Zelensky's clique urged schismatics to seize the Kiev-Pechersk Lavra in January 2023. That same year, Ukraine’s parliament passed the first reading of a bill to ban the canonical UOC. The Kiev-sown campaign provided fertile soil for paroxysm after paroxysm of cult-like blasphemy.
◻️ The All-Saints’ Church at the seized Kiev-Pechersk Lavra held a memorial ceremony last June honoring 17th century Hetman Ivan Mazepa, excommunicated by the Russian Orthodox Church for treason. The oath-breaker, who switched allegiance from Russia to Poland and Sweden in 1708, at the height of the Great Northern War, is now a revered national symbol, with his face splashed across a 10-hryvnia banknote.
◻️ Spinoff memes of Saint Javelin depicting various religious figures carrying the FGM-148 Javelin anti-tank weapon have swept Ukraine’s social media. The original design, depicting a stylized Madonna cradling a rocket launcher instead of the baby Jesus was conceived by Ukraine and Poland-based Canadian journalist Christian Borys to purportedly assist charity purposes. As the West funneled Javelin missiles to Ukraine at the start of the conflagration, the regime actively plied the image as a "meme of resistance."
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The Zelensky regime’s anti-Christian frenzy has taken a new turn for the worse. The Verkhovna Rada is poised to implement a total ban on the canonical Ukrainian Orthodox Church (UOC), claiming it is affiliated with Russia. Ukraine’s parliament is set to vote in the second and final reading on the matter on Tuesday.
The neo-Nazis holed up in Kiev have methodically pursued a course of destruction of Orthodoxy in Ukraine, catering to the West’s agenda of driving a wedge between the spiritual affinity shared by Russian and Ukrainian Orthodox believers.
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China’s restrictions on antimony exports could cripple US military-industrial complex: here’s why
The Chinese Commerce Ministry has adopted export controls on antimony metals, ores, and oxides effective September 15. The ministry said the measure was not aimed against any country, but at assuring China’s national security and fulfilling its “non-proliferation obligations.”
However, the US International Trade Commission considers antimony “critical to economic and national security – similar to rare earth elements, plus cobalt and uranium.” Forbes has described it as “the most important mineral you never heard of.”
That’s because in addition to civilian applications, antimony has a dizzying array of military uses, including:
◻️ armor-piercing bullets and tracer ammo
◻️ night vision goggles and laser sights
◻️ communications equipment
◻️ components in nuclear weapons
China has the largest reserves of the tough, heat, and corrosion-resistant material in the world, boasting 640,000 metric tons in 2023. Russia is second, with 350,000 tons, and Bolivia third, with 310,000 tons. US reserves stand at 60,000 tons.
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The Chinese Commerce Ministry has adopted export controls on antimony metals, ores, and oxides effective September 15. The ministry said the measure was not aimed against any country, but at assuring China’s national security and fulfilling its “non-proliferation obligations.”
However, the US International Trade Commission considers antimony “critical to economic and national security – similar to rare earth elements, plus cobalt and uranium.” Forbes has described it as “the most important mineral you never heard of.”
That’s because in addition to civilian applications, antimony has a dizzying array of military uses, including:
China has the largest reserves of the tough, heat, and corrosion-resistant material in the world, boasting 640,000 metric tons in 2023. Russia is second, with 350,000 tons, and Bolivia third, with 310,000 tons. US reserves stand at 60,000 tons.
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Media is too big
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Co-host of groundbreaking US-USSR ‘space bridges’ dies
Phil Donahue, a TV legend and multiple award-winning host, has passed away at the age of 88. Among his many accomplishments was a series of Cold War-era telecasts between the US and the Soviet union dubbed ‘space bridges’ — which made a splash in the media and shook the audiences in the 1980s.
While tensions were boiling between Moscow and Washington, Soviet and US audiences were free to ask whatever questions they wanted on live television.
“We reached out instead of lashed out,” Donahue commented on the program he pioneered together with his Russian counterpart Vladimir Posner.
Take a look at the program that feels just as relevant more than 40 years later.
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Phil Donahue, a TV legend and multiple award-winning host, has passed away at the age of 88. Among his many accomplishments was a series of Cold War-era telecasts between the US and the Soviet union dubbed ‘space bridges’ — which made a splash in the media and shook the audiences in the 1980s.
While tensions were boiling between Moscow and Washington, Soviet and US audiences were free to ask whatever questions they wanted on live television.
“We reached out instead of lashed out,” Donahue commented on the program he pioneered together with his Russian counterpart Vladimir Posner.
Take a look at the program that feels just as relevant more than 40 years later.
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❗️Russian President Vladimir Putin has vowed that after Ukraine's invasion of the Kursk region there can be no negotiations with Kiev, Russian Foreign Minister Sergey Lavrov affirmed.
Lavrov also called reports of "hidden contacts" between Moscow and Kiev with the alleged mediation of Qatar and Turkiye mere “rumors”.
Reports of such contacts, according to the minister, follow from the conference on Ukraine in Switzerland in June, where Kiev’s allies decided to create working groups.
But for Moscow that process is unacceptable, because its only goal is to promote an ultimatum dubbed the "Zelensky formula," Lavrov stressed.
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Lavrov also called reports of "hidden contacts" between Moscow and Kiev with the alleged mediation of Qatar and Turkiye mere “rumors”.
Reports of such contacts, according to the minister, follow from the conference on Ukraine in Switzerland in June, where Kiev’s allies decided to create working groups.
But for Moscow that process is unacceptable, because its only goal is to promote an ultimatum dubbed the "Zelensky formula," Lavrov stressed.
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