gold

As Venezuela Prepares to Dump Dollar, Caracas Moves to Repatriate Gold from Bank of England

Venezuela is looking to repatriate 14 tonnes of gold from the Bank of England as US-led sanctions target their international assets, Reuters has reported.
The move, which will bring around US $550 million of international reserves back under Caracas’ control, was initiated two months ago by the Central Bank of Venezuela (BCV), according to an unnamed official source. No official statements have been made by either the BCV or the Bank of England, who cite client privacy rules for their silence.

Ron Paul: Tax-Free Crypto Could Help Avoid a Fed-Induced Recession

It didn’t take long for the US government to move in with aggressive tax procedures for policing earnings on crypto currency. As a result, a burgeoning industry has popped up in crypto-accounting and tax law, leaving crypto traders with volumes regulation piling up on tax requirements, liability, deductions and procedures. Clearly, this is an attempt by government to slow down the growth of crypto entrepreneurs until Wall Street moguls can corner the market and thus work in collusion with Big Government manipulate crypto as they have fiat money. 

“Russia is Buying Gold: Will it Save Russia from Dollar Sanctions?”

Sputnik Radio Interview
by Anastasia Romadina

Transcript of a Sputnik Live Radio Interview with Peter Koenig
28 August 2018
Introduction
The German newspaper “Die Welt” announced that Russia actively seeks to get rid of dependency on the US dollar by purchasing gold and selling the bulk of the Moscow-owned US Treasury bonds.

Will SWIFT become America’s latest financial weapon against Russia? (Video)

In a recent speech made to Congress last week, US Deputy Secretary of the Treasury Sigal Mandelker has confirmed that the US Treasury has frozen Russian-owned assets in the United States worth hundreds of millions of dollars as part of Washington’s sanctions campaign against Moscow since 2013.

“The actions of the US Treasury have had significant consequences for the financial interests of individuals and businesses that were affected, including the blocking of hundreds of millions of dollars of Russian assets in the United States.”