“Can you sanction 185 countries to force them back under the thumb of the dollar?”
BRICS‑backed payments network now spans 185 countries
The BRICS-linked Cross-Border Interbank Payments System (CIPS) has expanded across 185 countries, allowing international payments in Chinese yuan without using the U.S. dollar, according to data from the New Development Bank (NDB).
CIPS was launched by China and managed by its central bank as “a real alternative for global trade settlements.”
At the Shanghai Oil and Gas Exchange, liquefied natural gas contracts are now priced for and paid in yuan. Same thing with soybeans from the Shenzhen Qianhai Joint Trading Center.
Spacey, 66, was once one of the most sought-after actors in the industry, enjoying a series of major blockbuster roles, including appearances in “Se7en” alongside Brad Pitt and Morgan Freeman, and the sensationally popular political series “House of Cards.”
But after several claims of sexual assault and misconduct began being levied against him in 2017, the actor became a persona non grata in Hollywood—a stigma that has remained even after he was acquitted of all charges of sexual assault by a London court in 2023.
The Port of Long Beach is moving containerized cargo ahead of the record-setting pace achieved in 2024 despite weaker demand that saw October volumes drop by nearly 20% from a year ago.
The hub, which along with the Port of Los Angeles forms the San Pedro port complex, the nation’s busiest, moved a total 839,671 twenty foot equivalent units (TEUs) in October, down 14.9% from October 2024 – the strongest month in its 114-year history.
Imports declined 17.6% to 401,915 TEUs and exports dropped 11.5% to 99,817 TEUs. Empty containers, an indicator of future import shipments, decreased 12.6% to 337,940 TEUs.
Silver Explodes – There’s Just Not Enough | Bill Holter (Also posted under Interviews)
Bill’s Commentary:
“Totally normal… nothing to see here!”
A 32-year-old woman in Japan has officially married an AI persona she built using ChatGPT. After the virtual character “Klaus” proposed, she accepted, ending a three-year relationship with a real partner, saying the AI understands her better. The wedding took place in a… pic.twitter.com/KWFHHhfFwr
Bill’s latest interview (Also posted under Interviews)
Bill’s Commentary:
“Some unwelcome information for the MAGA base if true…”
Bill’s Commentary:
“I am sure this is all good stuff, I just wish Harvard could figure out and prove there are only 2 sexes?”
A potential quantum leap
Harvard physicists unveil system to solve long-standing barrier to new generation of supercomputers
The dream of creating game-changing quantum computers — supermachines that encode information in single atoms rather than conventional bits — has been hampered by the formidable challenge known as quantum error correction.
In a paper published Monday in Nature, Harvard researchers demonstrated a new system capable of detecting and removing errors below a key performance threshold, potentially providing a workable solution to the problem.
“Elon Musk on the coming reset. I agree with him, however, he does not even mention “The Great Taking.” His plan is tried and true throughout history, the problem today is that the “money is BAD” up to and including (especially) the world’s reserve currency. Navigate the coming disaster and your family will have massive generational wealth!”
Apparently the Shanghai Gold Exchange (SGE) is seeing the #Gold shorts choosing to pay deferral fees instead of delivery physical #Gold.
I think the same is happening with physical #Silver.
The physical metals “shortage” is REAL. This time it is global.
Good luck LBMA. 🙃😅🙈🔥
Jeremiah Johnson
None of this is trading advice
Bill’s Commentary:
“Our pal Buz checks in with his experience trying to pay with crypto…”
Bill:
I just wanted to relay to you something that happened to me yesterday.
Back in 2017, I purchased some Bitcoin, just to see how that would go.
Yesterday, I decided that I would see how I could actually purchase something WITH my Bitcoin just to see how that part of the process works.
I found an item that I wanted to purchase, and a vendor that accepted Bitcoin as payment.
I went through all the steps to pull the correct amount of Bitcoin from my wallet to pay for the item.
The vendor’s crypto payment receipt system allowed for transaction to complete in 15 minutes. They don’t allow any longer than that as the crypto market is so volatile they don’t want “market risk” that is longer than that.
The first time I submitted a payment, I received a response that the payment had timed out, even though I had 12 minutes (of the 15 minutes) left.
The second time I submitted payment, I received a response that the payment had timed out, even though I had 13 minutes (of the 15 minutes) left.
The third time I submitted payment, I received a response that the payment had timed out, even though I had 11 minutes (of the 15 minutes) left.
The problem now is that I have made 3 payments using my Bitcoin assets that are out in “the ether”, hopefully, “in the process of being refunded” and I have been told that the process of refunding can take up to 3 days (if I’m lucky).
I was informed that the payment process may have timed out because it needs to go through many multiple “miners” to verify that the Bitcoin I was sending was legit and the number of verifications can be A LOT. In my case it was over 80.
Now, I am sure that some “wiz-kid” crypto experts will tell me that I should have used some other processing system, a more updated wallet, that I was just too slow or some other reason, but WTF Bill, this is no way to run a railroad.
What if this had been a really important transaction, involving a lot of money, where the timing of the purchase was critical?
What if the internet went down in the middle of the process?
What if the power went out in the middle of the process?
THE UPSIDE of all of this is that I am very glad I had this unpleasant experience yesterday because it has confirmed to me how messed up this whole cryptocurrency thing really can be, and that sticking with my gold and silver purchases is a better way to invest my hard earned money.
Just wanted to share that
CIGA Buz
Bill’s Commentary:
“Your tax dollars at work! And just one last question, Is Zelensky really the 10th largest landowner in the US? If so, where did the money come from?”
Western Media Begins Damage Control After $100 Million Corruption Scandal Rocks Ukraine
Update (1120ET): Ukrainian President Zelenskiy confirmed the dismissal of two key ministers and deployed personal sanctions on his former business partner as the corruption scandal in the country’s energy sector widens.
“It is absolutely unacceptable that, amid all this, there are also some schemes in the energy sector,” Zelenskiy posted on X.
Justice Minister German Galushchenko was suspended from his post earlier on Wednesday amid the probe, but more officials are falling…
BillHolter.com 