Anonymous vows to take down, expose QAnon
The anarchist hacking group slammed the QAnon conspiracy as potentially dangerous and driven by a “brainless political agenda” in a video posted Sunday to what is widely considered the most reliable Anonymous Twitter account.
https://thehill.com/policy/technology/400526-anonymous-vows-to-take-down-expose-qanon
Fox News correspondent Conor Powell has announced he is resigning after 9 years with the news network.
The Jerusalem-based reporter announced his decision in a Facebook post on Friday, saying he will return to the United States in the “coming days.”
https://thehill.com/homenews/media/400663-fox-news-correspondent-resigns-after-nine-years-with-the-company
Facebook has asked several large US banks to share detailed financial information about their customers, including checking account balances and card transactions, as part of a new push to offer new services to its users, according to the Wall Street Journal.
Facebook increasingly wants to be a platform where people buy and sell goods and services, besides connecting with friends. The company over the past year asked JPMorgan Chase & Co., Wells Fargo & Co., Citigroup Inc. and U.S. Bancorp to discuss potential offerings it could host for bank customers on Facebook Messenger, said people familiar with the matter. -WSJ
Facebook's new feature would show people their checking account balances, as well as offer fraud alerts, according to the WSJ's sources, while the banks are apparently waffling over data privacy concerns.
https://www.zerohedge.com/news/2018-08-06/facebook-asking-major-us-banks-share-user-data
Two days after an angry Saudi Arabia broke of diplomatic and trade relations with Canada over "blatant interference" in the country's domestic affairs, after Canada criticized Saudi Arabia’s human rights track records and slammed the arrests of women’s rights activists including Samar Badawi, a Canadian citizen, the feud has escalated and on Tuesday, Saudi Arabia’s main state wheat buying agency has told grains exporters it will no longer buy Canadian wheat and barley in its international tenders.
https://www.zerohedge.com/news/2018-08-07/diplomatic-feud-deteriorates-saudis-stop-buying-canadian-wheat-barley
I am sympathetic to the idea that China would never bother to peg the price of gold. Pegging implies that you would be willing to both buy and sell it to keep it at a certain level. I don’t believe that China has any interest in selling even the tiniest little bit of their gold reserves to keep it at a certain price.
But I do believe the Chinese are managing the price of gold priced in CNY. They have in essence provided a floor at which they are willing to accumulate gold. They don’t bother selling it when it rises above that level, but when the gold price descends into their buy zone, they are there with stacks of blues.
So why is the price of gold going down recently? Well, if we assume that China is one of the biggest buyers of gold, when their currency depreciates, their bid for gold priced in US dollars falls.
The price of gold has not been pegged in CNY, it is merely being bought in that currency. The Chinese have fundamentally changed the way they look at gold. Instead of pricing it in US dollars, they are pricing it in CNY. And they are bid. For size.
https://www.zerohedge.com/news/2018-08-07/gold-have-chinese-changed-way-they-look-it
Blowback: UniCredit Becomes First Major Corporation To Sever Ties With Facebook Over Ethics
https://www.zerohedge.com/news/2018-08-07/blowback-unicredit-becomes-first-major-corporation-sever-ties-facebook-over-ethics