The Golden City

About The Golden City

That inflation is going to be priced into bond yields very quickly and the balance sheets of all the banks with worthless bonds squirting out of their eyeballs are all going to collapse. All at the same time. The whole process once it starts will take no more than weeks. The Fed will embark on one last round of printing to try to save the system one more time, but it will not work. Not this time. This time, the dollar, the reserve currency of the world, will be completely destroyed, and with it all other fiat currencies and the entire global financial system. Done, finished, the end. That means everything running on the assumption that dollars have any value, including the electricity grids that mine cryptocurrencies mind you, will freeze up.

The prices of gold and silver will become undefined in dollar terms, and the only way you will be able to buy anything at all will be through barter. It’s easiest to barter with gold and silver, which is why they have always been used as money throughout civilization. That’s how money developed, until FDR stole the gold supply in 1934, gave everyone paper in its place, and the United States embarked on the world’s most dangerous financial experiment in human history that is about to blow up 87 years later. Best have some monetary metals physically with you or you’re going to have some serious problems.

If you’ve ever seen the movie “The Big Short,” there’s a part where the misfits that figured out what was going just prior to the crash of 2008 were screaming about the end of the world. Yeah, well this time it’s for real. There will be no saving it this time.

What is The Golden City?

As the NFL season begins, a state in close proximity to the New England Patriots became the latest to attempt to curb the influence of the trading platforms. On 10 September, one day after the Pats’ season-opening loss to the Seattle Seahawks, Connecticut Governor Ned Lamont addressed the growth of the markets during a speech in downtown Hartford. On the same day, the Connecticut Department of Consumer Protection issued cease-and-desist orders to nine unregulated operators, including Polymarket, Robinhood and Underdog Predict.

“Prediction markets have branded themselves as legal and safe, but the reality is they are not adhering to Connecticut’s consumer protection standards,” Lamont wrote in a statement.

While such orders have become customary around the nation this year, Connecticut’s missive took it one step further. The department also issued nearly 30 subpoenas to licensed gaming service providers and a bevy of media outlets. Those issued subpoenas include ones served to PayPal, Sportradar Solutions and Plaid, a payment processing app that holds a gaming licence. Although those companies are not under investigation, the subpoenas appear to be the first against service providers that conduct business with prediction markets in some form.

About The Golden City

Wazdan is already present in the Bulgarian iGaming market, which has been expanding rapidly over the past several years. Notably, the supplier has teamed up with WINBET and ELITBET in the past, two other prominent local operators, with SlyBet only adding to the company’s local footprint and momentum. 

Wazdan Head of Sales and Business Development, Radka Bacheva, has welcomed the opportunity to see her company expand its clout in Bulgaria  once again, with Bacheva adding:

“Partnering with SlyBet is an important step for Wazdan as we continue to grow in Bulgaria and across regulated European markets. We are always looking for new opportunities to bring our games to more players, and SlyBet gives us another great platform to showcase our portfolio.”