Erdogan Recalls Gold Reserves from New York Fed – Is He Preparing for War? | Armstrong Economics

The Turkish government has withdrawn its reserves of gold from the Federal Reserve. Erdogan clearly is positioning himself to be able to seek its own power that will be contrary to international policy. Erdogan is one of those politicians who still think in the old days of Empire. As a member of NATO, he has constantly been threatening Greece. So what happens if we see a war between two NATO members? Who does NATO then support? When in doubt, bring the gold home in preparation for in time of war, a currency will not suffice.
— Read on www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/erdogan-recalls-gold-reserves-from-mew-york-fed-is-he-preparing-for-war/

The dictator that once ruled Libya 🇱🇾 tried this.

London Remains the Financial Capital for Market Execution | Armstrong Economics

QUESTION: Mr. Armstrong; You have said that Brexit is good for Britain and that the financial center could never move to Paris or Frankfurt and survive. Can you elaborate on that topic for us Brits? GS ANSWER: It is amazing that the politicians are so clueless and the heads of the banks are far too often just talking politics. London is bigger than all the financial centers in Europe COMBINED! Because of regulation being consolidated in Britain, it even beats New York City – a fact that is often overlooked. The United States has SEVEN regulatory agencies that compete with each other for power compared to one for Britain. London still wins hands down.Neither Frankfurt nor Paris even has the infrastructure to function as London does.
— Read on www.armstrongeconomics.com/international-news/europes-current-economy/london-remains-the-financial-capital-for-market-execution/

London vs New York as a financial center.