The Truth About XRP

🏛️ Ripple's lawsuit with the SEC aims to prevent XRP from replacing the Swift system, used by the US government to sanction countries, and to suppress XRP's price through media manipulation, allowing institutions to accumulate.

💼 Companies are challenging the SEC over XRP, recognizing that the agency is hindering businesses from collaborating with or developing on the XRP network, while also filing for XRP ETFs to enable substantial capital inflow.

💸 XRP's transaction speed and cost ($0.0002 per transaction) make it attractive for bank transactions, potentially disrupting the Swift network and revolutionizing international money transfers.

📊 Ripple is deliberately shaking out weak hands, while powerful banking institutions are content with XRP's current range-bound price, allowing for strategic accumulation.

🔒 The SEC's actions have effectively kept XRP's price range-bound for an extended period, inadvertently creating an opportunity for institutional investors to accumulate at lower prices.

Ending Monday… pre-filming sale on the Bitcoin 101 Accelerator course: https://ninjabitcoinpro.com/btc101

It is really happening

🚀 Bitcoin's adoption rate is soaring, with optimism suggesting a possible $74K breakout by end of 2024 and a measured move to $110-120K upside.

🌍 BRICS expansion is gaining momentum, with countries from 4 continents applying for membership, representing 45% of world population and 35% of global GDP (PPP basis).

📉 A potential market downturn in 2025 is predicted, possibly triggered by Trump's re-election and swift implementation of tariffs on China and Russia.

🇪🇺 The EU is apprehensive about Trump's potential re-election, fearing increased control through Central Banks and implementation of policies like net neutrality and language control.

🗳️ The 2024 US election is deemed crucial, with the video emphasizing that not voting is "rigged" and "cheating", urging citizens to spend 15 minutes to cast their vote.

Ending Monday… pre-filming sale on the Bitcoin 101 Accelerator course: https://ninjabitcoinpro.com/btc101

Russia About To Force Silver Price Higher

🇷🇺 Russia's state fund plans to allocate 51.5 billion rubles to precious metals and gemstones in 2025, 2026, and 2027, with silver being a key driver in pushing prices to $50 and beyond.

💰 Russia's decision to add silver to its reserves distinguishes it from most other central banks, which have largely focused on accumulating gold, potentially driving silver prices to $50 an ounce or higher.

🌍 Russia's massive economy and superpower status, combined with China's recent gold buying spree, could lead to a new currency movement, causing other governments to follow suit and buy silver.

🏦 The state fund plans to acquire gold, silver, platinum, palladium, and gemstones, with the same amount allocated each year from 2025 to 2027.

📈 Russia's plan to substantially increase its precious metal reserves in the coming years could significantly impact global silver prices and market dynamics.

Boeing just did it

🏢 Boeing is slashing 10% of its workforce and 10% of executives, but not managers and employees, as it grapples with a cash crunch, strike, and quality control issues.

💰 The company expects a 3Q revenue of $17.8B and a loss per share of $99.97, according to preliminary figures.

✈️ Boeing's "pummeled plane maker" status is due to challenges including a cash crunch, ongoing quality control issues, and a drawn-out strike that has devastated production for over a month.

📉 The strike and quality control issues have drained reserves and severely impacted Boeing's production capabilities.

👔 CEO Dennis Muilenburg communicated these changes and challenges through a company memo, emphasizing the need for strategic decisions while acknowledging the difficult near-term challenges.

7-Eleven Closing 444 Stores In America

🏪 7-Eleven is closing 444 stores in North America due to underperformance, signaling economic challenges as declining labor incomes and inflationary pressures create a tougher consumer spending environment.

💼 The company's store closures and $520 million sale leasebacks are part of a long-term growth strategy to optimize non-core assets while expanding in areas with higher demand for convenience.

📉 7-Eleven's parent company is slashing its net income forecast for fiscal year 2024 and creating a spin-off company for non-core assets, indicating potential financial struggles.

💰 The closures reflect a growing polarization of consumption in North America, driven by challenging employment conditions and inflationary pressures affecting consumer spending habits.

🧊 Economic health is linked to 7-Eleven's performance, as strong economies typically lead to increased spending on non-essential items like Slurpees.

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