Monday, February 12, 2024

Russia Uses Gold to Skirt U.S. Crackdown | Utah to Block CBDCs? | Dealer Red Flags

Breaking News from America's #1 Precious Metals Dealer
Money Metals Exchange
Money Metals News Roundup
Russia Turns to Gold to Raise Cash, Skirt Economic Sanctions
Russia is using gold to evade currency restrictions put in place by the West in retaliation for the invasion of Ukraine.
Russia Turns to Gold to Raise Cash, Skirt Economic Sanctions
With unprecedented U.S. weaponization of the SWIFT system, gold has become part of the workaround, as predicted. Learn More >>


Utah Legislature Passes a Bill to Create Hurdles for a CBDC
The Utah legislature overwhelmingly approved a bill that would expressly exclude a central bank digital currency (CBDC) from the state's definition of money, creating potentially significant roadblocks to its use as such in the state. Get the Skinny >>
Utah Legislature Passes a Bill to Create Hurdles for a CBDC

Major Red Flags at Precious Metals Dealer
As a general matter, if lengthy shipping delays are occurring right now, it could just mean a company is poorly managed.
Major Red Flags at Precious Metals Dealer
But there is a possibility it could be financially underwater, using new customer payments to make good on prior orders (akin to a Ponzi scheme). Learn the Warning Signs >>


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