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What if the USD looses reserve currency and is no longer accepted in 85% of the world?
This could happen at BRICSS+ meeting on August 22nd to 24th imo
Would we drop from 100% down to 20% (Canada, US)? Severe impact on our nuclear power plants imo
Here is where we get our Uranium at-
https://www.eia.gov/energyexplained/nuclear/where-our-uranium-comes-from.php
The United States imports most of the uranium it uses as fuel.
Uranium is the fuel most widely used by nuclear power plants for nuclear fission. Uranium is a common metal found in rocks all over the world. Uranium occurs in combination with small amounts of other elements. There are economically recoverable uranium deposits in the western United States, Australia, Canada, Central Asia, Africa, and South America.
Owners and operators of U.S. nuclear power reactors purchased the equivalent of about 46.74 million pounds of uranium in 2021.
Sources and percentage shares of total U.S. purchases of uranium in 2021 were:
Kazakhstan: 35%
Canada: 15%
Australia: 14%
Russia: 14%
Namibia: 7%
United States: 5%
Five countries combined (W): 10%
Data source: Uranium Marketing Annual Report, Table 3, May 2022
Note: W = data withheld; sum of shares may not equal 100% because of independent rounding.
The chart below shows annual U.S. uranium production and the sources of uranium purchased by U.S. nuclear power plant operators from 1950 through 2021.
Housing shortages- The analysis found four cities are at the epicenter of the crisis, with three located in Texas — San Antonio, Dallas and Houston. Finishing off the list is Orlando, Florida.
https://www.foxweather.com/earth-space/view-perseid-meteor-shower-2023
The best meteor shower in the world, some call it, peaks this week, according to NASA. The Perseid meteor showers are one of the most spectacular, with 50 to 100 "shooting stars" per hour. The max number of meteors will strike the Earth's atmosphere from the evening of August 12 to the morning of August 13.
Water and HE3 on moon - HE3 could solve power needs!!!
https://www.brighteon.com/10b4f9c2-f8ab-4d0f-a34d-a839c2399576
June 2nd - same kind of news
https://www.brighteon.com/a19dfb9c-15ff-40f7-9544-f7e62f5eec42
June 3rd report - 2 minutes - 2 proposals - expansion of members + common currency (to replace USD sadly)
https://www.brighteon.com/9a017ec1-6f01-45cb-a5b4-722c2264d99d
2023 NBA Finals Schedule:
Denver Nuggets (1) vs. Miami Heat (8)
• Game 1: Nuggets 104, Heat 93
• Game 2: Heat vs. Nuggets | Sun., June 4 | 8 p.m. ET (ABC)
• Game 3: Nuggets vs. Heat | Wed., June 7 | 8:30 p.m. ET (ABC)
• Game 4: Nuggets vs. Heat | Fri., June 9 | 8:30 p.m. ET (ABC)
• Game 5: Heat vs. Nuggets | Mon., June 12 | 8:30 p.m. ET (ABC) *
• Game 6: Nuggets vs. Heat | Thurs., June 15 | 8:30 p.m. ET (ABC) *
• Game 7: Heat vs. Nuggets | Sun., June 18 | 8 p.m. ET (ABC) *
Sadly imo... June 2nd 2023 tomorrow... the USD dies...
and loses its status as the worlds reserve currency when...
BRICS+ and a subset of SCO meet and announce they will no longer be using the USD for trade settlement anymore...
rather adopting their own new currency / trade in their own currencies
perhaps they wait until the end of the conference and make the announcement on June 3rd?
Wow 2nd largest ever bank failure in US if i read this right...
https://www.kitco.com/news/2023-03-10/Very-good-week-for-the-gold-market-bulls-what-to-expect-Monday.html
Safe-have demand was featured as Silicon Valley Bank, the 16th largest U.S. bank, collapsed after it experienced a “run” on it by its depositors and investors. While the Federal Deposit Insurance Corporation (FDIC) quickly came in to take over the bank’s assets and accounts, the failure of SVB has badly shaken the general marketplace. It calls into question how aggressive the Federal Reserve can continue to be in tightening its monetary policy to battle problematic price inflation. SVB is reported to be the second-largest bank failure in modern U.S. history.
https://www.riotinto.com/news/releases/2022/Rio-Tinto-starts-tellurium-production-at-Kennecott
Rio Tinto starts tellurium production at Kennecott
11 May 2022
Dave and solar panels, Kennecott operations
Turning slime into solar panels
Our Kennecott copper mine is extracting a rare, valuable metal from waste
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SALT LAKE CITY--(BUSINESS WIRE)-- Rio Tinto has started producing tellurium at its Kennecott copper operation in Utah, becoming one of only two U.S. producers of the critical mineral used in advanced thin film photovoltaic solar panels.
The tellurium will be refined in North America by 5N Plus, a leading global producer of specialty semiconductors and performance materials, under a commercial agreement between 5N Plus and Rio Tinto. The refined tellurium will primarily be supplied to First Solar, the only American company among the world’s ten largest solar manufacturers, under an existing supply contract between 5N Plus and First Solar. 5N Plus will also use the tellurium to manufacture ultra-high purity semiconductor materials at its facility in St. George, Utah, to serve the security and medical imaging markets.
Approximately 20 tons of tellurium will be produced per year through a new $2.9 million circuit built at the Kennecott refinery. This valuable material is recovered from by-product streams generated during the copper refining process, reducing the amount of waste that needs to be treated and discarded as mine tailings.
Tellurium is listed as a critical mineral by the U.S. Government due to its importance to the economy and energy security.
Rio Tinto Copper Chief Operating Officer Clayton Walker said: “We are proud to deliver a new domestic supply of tellurium to support the manufacturing of solar panels and other critical equipment here in the United States. Approximately 90 percent of the world’s tellurium resource is contained in copper ore and no other metal has more critical mineral by-products than copper. The Kennecott team is constantly looking for ways to extract new critical minerals to meet emerging demand for the clean energy transition.”
5N Plus President and Chief Executive Officer Gervais Jacques said: “As a leading global supplier of specialty semiconductor compounds for applications in renewable energy, security and medical imaging, 5N Plus is proud of this partnership with Rio Tinto, and to further leverage its expertise in the transformation of mining and metallurgical by-products into high purity value-added critical minerals such as tellurium, here in North America.”
First Solar Chief Manufacturing Operations Officer Mike Koralewski said: “Rio Tinto’s decision to invest in tellurium is a win for responsibly-produced, American solar. We’re thrilled that tellurium from Kennecott will play a role in powering our country’s transition to a sustainable energy future.”
Utah Governor Spencer Cox said, “Utah continues to play a key role in domestic production of critical minerals. With operations in our state like Rio Tinto Kennecott, we are able to demonstrate to the world how to responsibly make use of our natural resources to move toward a sustainable future.”
Tellurium is one of ten metals and products recovered from ore extracted at Kennecott, which produces nearly 15 percent of U.S. copper with the country’s lowest carbon footprint.
Notes to editors
Rio Tinto is partnering with the U.S. Department of Energy’s Critical Materials Institute (CMI) to discover further ways to economically recover critical minerals such as tellurium and lithium. The company is also investing in new facilities to extract battery-grade lithium from waste rock at its Boron, California mine site and high-quality scandium oxide from waste streams at its metallurgical complex in Sorel-Tracy, Quebec.
First Solar, which produces cadmium telluride (CadTel) solar panels, is expanding its U.S. manufacturing capacity by 3.3 gigawatts (GW) annually, by building its third American manufacturing facility in Lake Township, Ohio. When fully operational, the new facility will scale the company’s Northwest Ohio footprint to a total annual capacity of 6 GW, which is believed to make it the largest fully vertically integrated solar manufacturing complex outside of China.
riotinto.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20220511005416/en/
Please direct all enquiries to media.enquiries@riotinto.com
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Rio Tinto plc
6 St James’s Square
London SW1Y 4AD
United Kingdom
T +44 20 7781 2000
Registered in England
No. 719885
Rio Tinto Limited
Level 7, 360 Collins Street
Melbourne 3000
Australia
T +61 3 9283 3333
Registered in Australia
ABN 96 004 458 404
Category: Kennecott
Source: Rio Tinto
i take KC cause noone else will!!! Go KC good luck!
wow 11/11 will be out of diesel fuel in 17 days - rumor has it
JP too funny lol - sad that some companies are like that today
https://www.brighteon.com/bb7c322e-5f16-4585-abf4-3f307f5fc183
https://www.cnbc.com/2022/10/10/why-more-than-7-million-student-loan-borrowers-could-miss-forgiveness-.html
Here’s why more than 7 million student loan borrowers could miss out on federal forgiveness program
PUBLISHED MON, OCT 10 20222:05 PM EDTUPDATED MON, OCT 10 20222:39 PM EDT
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Annie Nova
@ANNIEREPORTER
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KEY POINTS
Consumer advocates say that requiring student loan borrowers to apply for forgiveness will lead to many people missing out on the relief.
Many borrowers may mistakenly assume they don’t qualify.
Freshsplash | E+ | Getty Images
The White House has repeatedly said that its application for student loan forgiveness, which is expected to go live within days, will be simple.
Still, consumer advocates say that any red tape around the relief is likely to cause millions of borrowers to miss out on it.
“Those who need it the most won’t get it, and it will make the policy more regressive,” said Thomas Gokey, co-founder of the Debt Collective, a national union of debtors. “There will be a higher percentage of people making $124,000 a year who apply than people making $30,000.”
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Most people with federal student debt are eligible for some forgiveness: up to $10,000 if they didn’t receive a Pell Grant, which is a type of aid available to low-income undergraduate students, and up to $20,000 if they did.
Yet nearly 20% of qualifying borrowers may not take the necessary steps to get that relief, according to the U.S. Department of Education’s own estimate.
That comes out to more than 7 million people, explained higher-education expert Mark Kantrowitz.
“I’ve seen too many examples in which people assumed that they were ineligible for something, but actually were eligible, and ended up leaving money on the table,” Kantrowitz said.
President Biden announces student loan debt relief planWATCH NOW
VIDEO10:47
President Biden announces student loan debt relief plan
The White House did not immediately respond to a request for comment.
Applicants may miss out due to mistaken beliefs
A big reason some eligible borrowers may not apply is that they’ll mistakenly believe their income disqualifies them, Kantrowitz said. The relief is limited to borrowers who made less than $125,000, or married couples or heads of households who earned under $250,000, in either 2020 or 2021.
However, the vast majority of people with student debt fall under these income caps, Kantrowitz said. “Most people with just an undergraduate degree or a master’s degree should qualify,” he said.
It should take only a few minutes to submit an application.
Mark Kantrowitz
HIGHER EDUCATION EXPERT
Still, others might not apply because they’re unsure what their income was in 2020 or 2021. “Do you remember how much you earned two years ago?” Kantrowitz said.
Some borrowers, meanwhile, may have outdated contact information on file with their student loan servicer, and therefore not be getting updates about the relief, according to Kantrowitz.
You should make sure your servicer, as well as the Education Department, has the most recent contact information for you. You can make sure that data is current at StudentAid.gov. You can also sign up on the government’s website for developments on the process.
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Borrowers who are on the fence about if they qualify for forgiveness might as well apply anyway, said Douglas Boneparth, a certified financial planner and president of Bone Fide Wealth in New York.
“The worst that can happen is that they’re ineligible,” Boneparth said. “There’s no downside to that. But if they qualify, they could receive relief, and that can be huge.”
Kantrowitz agreed.
“It should take only a few minutes to submit an application,” he said.
Got my $100 pair of RCA speakers up and going... They sound awesome!!!
Paid $50 each for a pair - $100 total at a garage sale - back in 1976
they had wax on them...
real wood... cleaned them up...
In my opinion... Chances exist for: Sept 24th 2022 USD Haircut -
loss of world reserve currency status - 30% plus loss of purchasing power instantly
many countries not even accepting the USD for trade - they want real goods / services not paper
precious metals fly
Today you hear 63% inflation 5% abortion 1% green LOL
Mad as Hell coming more and more sadly...
https://www.brighteon.com/f6d805fc-5a54-40f2-a59c-c218df7c3473
RP with Chris - Nice
https://www.brighteon.com/d587f76e-79ba-4aab-8c88-c7dfbb38ba1b
How True:
* Hard times create Strong Men
* Strong men create Easy times
* Easy times create Weak men
* Weak men create difficult times
Spot on Stew... Make FIRING SQUADS GREAT AGAIN - Start with POS fauci for TREASON and MASS MURDER
Substitute FIRING SQUAD with TORTURE for this EVIL ASSHOLE!!!
https://www.brighteon.com/1d2a4f58-1ab7-4432-84a8-6c7cb5a361b1
Pure BS - DEMONCRAPS (the Shit they are) Lying!!!
In the REAL world it is Republican 75% Demons 25%
Just the TRUTH Asshole Fox News SUCKS - Back to their 2020 BS
https://www.foxnews.com/politics/democrats-hold-slight-edge-gop-abortion-more-important-voters-inflation-poll-shows
The Second US Civil War Has Begun - Lt. General Thomas G. McInerney
https://www.brighteon.com/fdfdf14a-9366-4867-98be-feb2c6e080cb
Ignore the morons - https://www.foxnews.com/health/who-declares-monkeypox-global-health-emergency
their evil agenda is not going to work
people in the world are going to tell the WHO to GOTO HELL!!!
About time the world woke up to the evil there
Wow 2023 - imagine No Taco Bell, Hardees, Burger King, Pizza Hut, Subway...
About all that will still be around near me are local restaurants - if they too still exist
https://www.brighteon.com/a52585f1-544b-4923-aa75-b4aefe567f83
i can't unsee what i have seen - selected - not elected
https://www.brighteon.com/5c9235b2-f0dd-445e-8e94-ddc9e4e813cf
So if the USD is SO STRONG... Why does all cost TWICE as much?
good question eh?
https://kingworldnews.com/major-alert-mining-stocks-soared-189-last-time-this-happened-plus-us-dollar-surprise/
Great Listen: China & Russia’s Coordinated Plan To Take Down America (Gen. Robert Spalding Interview)
https://www.brighteon.com/78c916de-888b-4705-a212-95a20a3591d3
Blue Street lights
https://www.brighteon.com/8f8d2ce7-ada4-448d-bf81-85ad3d1f5f1b
one must be concerned due to at highest level imo - tomorrow is the day - cern
July 5th CERN at highest level ever
https://www.brighteon.com/682e21e3-9f2b-42dd-9c07-6211eef8e34a
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