Ripped From The Headlines, April 6, 2023
US Government Moves To Kill Economic Freedom, Small Businesses On The Brink, Central Banks Record Gold Buying - Read, Share, & Subscribe - SherlocExposes.com
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“The burgeoning decentralized cryptocurrency market threatens U.S. national security and needs greater oversight and enforcement against money-laundering, the U.S. Treasury Department said on Thursday.
The warning, in a new Treasury report assessing the risk of the so-called DeFi markets, lays the foundation for tougher regulations and punitive action by federal agencies.
DeFi platforms enable crypto investors to transact with each other through software running online, without a central intermediary overseeing transactions. Without the intermediaries of traditional finance such as banks, regulators currently have little insight into DeFi transactions.
‘Illicit actors, including criminals, scammers, and North Korean cyber actors are using DeFi services in the process of laundering illicit funds,’ said Brian Nelson, Treasury’s undersecretary for terrorism and financial intelligence. ‘Capturing the potential benefits associated with DeFi services requires addressing these risks.’
The report sketches out how the Treasury Department plans to bring the market under greater federal oversight, suggesting that platforms that fail to establish sufficient vetting policies risk enforcement action.”
“Small businesses across the United States are experiencing a surge in bankruptcies, surpassing levels not seen since 2020, and, according to a UBS note reviewed by The Epoch Times, conditions could become worse as the ripple effects from the recent banking crises begin to manifest.
The note from the UBS Evidence Lab shows private bankruptcy filings in 2023 have exceeded the highest point recorded during the early stages of the COVID-19 pandemic by a considerable amount. The four-week moving average for private filings in late February was 73 percent higher than in June 2020.
‘[We] believe one of the more underappreciated signs of distress in U.S. corporate credit is already emanating from the small-and mid-size enterprises sector,’ Matthew Mish, head of credit strategy at UBS, wrote in a recently published research note. ‘[The] smallest of firms [are] facing the most severe pressure from rising rates, persistent inflation and slowing growth.’”
“In February, central bank gold reserves rose by another 52 tons, according to the latest data compiled by the World Gold Council.
It was the 11th straight month of central bank net gold purchases.
Through the first two months of 2023, net central bank gold purchases came in at 125 tons. This is the strongest start to a year since 2010.
China was the biggest buyer in February. The Peoples Bank of China increased gold holdings by a reported 24.9 tons. It was the fourth consecutive month of reported Chinese gold purchases. In that time, China’s official gold reserves have grown by 102 tons.
The Chinese central bank accumulated 1,448 tons of gold between 2002 and 2019, and then suddenly went silent until it resumed reporting in November 2022. Many speculate that the Chinese continued to add gold to its holdings off the books during those silent years.
There has always been speculation that China holds far more gold than it officially reveals. As Jim Rickards pointed out on Mises Daily back in 2015, many people speculate that China keeps several thousand tons of gold “off the books” in a separate entity called the State Administration for Foreign Exchange (SAFE).
Last year, there were large unreported increases in central bank gold holdings.
Central banks that often fail to report purchases include China and Russia. Many analysts believe China is the mystery buyer stockpiling gold to minimize exposure to the dollar.
From co-publishers, Julianna Ormond & RC Williams:
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“Enemy At Your Front Door” Thursday, Ripped From The Headlines. Things To Ponder:
“It’s Dangerous… Because We Said So… And Because We Can’t Control It!”
Let’s read between the lines of this Treasury report on decentralized cryptocurrency and the market(s) for them…
The government hates this idea - and not because they want to keep you safe…
Because they have no control over the outcome and they can’t get their pound of flesh…
And, because it provides you with a high level of freedom.
Do you have to be careful? Sure you do!
How is that any different from using the regular financial system though?
You might be saying “But, there’s insurance if I use a bank!”
You mean, like there was insurance when the banking system started to collapse a few weeks, ago and you found out there wouldn’t be enough money to pay you an insurance guarantee?
How safe is that again?
See, the real issue isn’t about your safety - it’s about controlling you…
And EVERYTHING YOU DO…
To “help you and keep you safe.”
We strongly encourage you to read our article, “When Liars Conspire” so that you can see where all of this is leading:
You’ll also want to check out our co-publishers Julianna Ormond & RC Williams on The Zelenko Report with Ann Vandersteel, showing you how some of these same government cronies used Sam Bankman-Fried and #FTX… not only as a DNC slush fund, second largest donor behind George Soros, but to also make the case to kill any economic freedom you have:
It’s ALL about the money, Honey. Know. Your. Foe.
“The People Who Provide 99% Of The Jobs In The US Are Going Bankrupt… But Everything Is Fine!”
The devil is in the details…
The number you don’t want to see in today’s economy is small business bankruptcies increasing…
It’s a leading indicator… that things are about to go sideways.
The big problem, is that those small businesses provide pretty much all of the jobs in the country…
So goes those businesses… so goes the economy.
If there was ever a time to support those businesses, it’s right now.
Your future depends on it.
“We’re Getting Gold… But You Just Keep Using Cash… Peasant!”
Isn’t it funny how that works?
Whatever is good for you… and isn’t good for the people who want to control you…
Can’t be good for you, peasant!
As we shared with readers during our precious metals special report in November, the resource wars are going to be very intense, and you need to get your hands on as much as you can, as fast as you can.
Here’s that special report:
(Editor’s Note: The description section in this special report video contains super valuable information that you’ll need to have handy)
And, you can Click Here for a #Twitter thread that provides even more information.
When you can’t even figure out how much these central banks are buying… that’s not a good sign.
And the ride is about to get a lot more bumpy.
Stay vigilant and be prepared friends.
What Does This Mean?
The powers that be want you:
Ignorant…
Hungry…
…and to have just enough money to keep funneling it to them.
Docile and controlled… just like chattel.
And they are flaunting it in your face.
Why Should I Care?
If you allow this to continue, and you’re complicit in your own demise, it’s not just you that’s going to suffer.
These people are also working to erase your past and kill your future.
If you don’t get moving now, your future will look like this.
On second thought, it already kind of looks like that.
You should care.
What Should I Do?
You need to get yourself ready for life in the Parallel Economy. Things are going to get worse before they have any chance to get better:
Join the Parallel Economy Community & get your Parallel Economy Blueprint- Click Here;
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