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SWIFT BANKING (KC) vs. GOLD (49ers)

 
Anonymous Coward
User ID: 80933040
United States
02/11/2024 05:55 PM
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SWIFT BANKING (KC) vs. GOLD (49ers)
Come on GLP, how did this get by everyone? How is it that the other thread on this got barely any attention?

Thread: Is the Superbowl an analogy for our future? Swift banking vs gold standard.


The Society for Worldwide Interbank Financial Telecommunication (Swift), legally S.W.I.F.T. SC, is a Belgian banking cooperative providing services related to the execution of financial transactions and payments between limited banks worldwide. [link to en.wikipedia.org (secure)]


The SWIFT ban against some Russian banks is one of several international sanctions against the Russian regime imposed by the European Union and other western countries as a result of its invasion of Ukraine, aimed at weakening the country's economy to end the invasion by hindering Russian access to the SWIFT financial transaction processing system. [link to en.wikipedia.org (secure)]


After tossing around a few bad ideas, the BRICS countries have settled on using gold as the basis for international exchange, a role previously taken by dollars and euros.. [link to www.forbes.com (secure)]


One hell of a coincidence, is it not?

5a
Westwood_1

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02/11/2024 05:56 PM
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Re: SWIFT BANKING (KC) vs. GOLD (49ers)
You’re the king. You’re Elvis.
Anonymous Coward (OP)
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02/11/2024 06:07 PM
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Re: SWIFT BANKING (KC) vs. GOLD (49ers)
What are they trying to tell us?

That if the 49ers win, GOLD beats the central banks?

Or if KC wins, that CENTRAL BANKS beat gold?
Anonymous Coward (OP)
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02/11/2024 11:02 PM
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Re: SWIFT BANKING (KC) vs. GOLD (49ers)
Who could have seen that coming? Central banks defeat gold once again...
Anonymous Coward
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02/11/2024 11:03 PM
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Re: SWIFT BANKING (KC) vs. GOLD (49ers)
Buy xrp
Agent 99

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02/11/2024 11:07 PM

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Re: SWIFT BANKING (KC) vs. GOLD (49ers)
Who could have seen that coming? Central banks defeat gold once again...
 Quoting: Anonymous Coward 80933040


good call.
SocialEnigma
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02/11/2024 11:09 PM
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Re: SWIFT BANKING (KC) vs. GOLD (49ers)
Can't beat the banks, not even if you're the king.
Anonymous Coward
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02/11/2024 11:09 PM
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Re: SWIFT BANKING (KC) vs. GOLD (49ers)
Buy xrp
 Quoting: Anonymous Coward 83108814


Yep all it means is SWIFT will facilitate x- border payments on the ledger instead of an asset backed global reserve settled on the ledger.
pish
Turtle Hermit

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02/11/2024 11:13 PM

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Re: SWIFT BANKING (KC) vs. GOLD (49ers)
This thread ended well LOL.
Always remember these words: Work hard, study well, and eat and sleep plenty! That is the Turtle Hermit way! We must master the art of peace in addition to the art of war!





GLP