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This Thursday evening on the The Solari Report I interview Scott Tips, president of the National Health Federation. Scott is an attorney and an expert on Codex Alimentarius. He will be speaking with us from Paris.

Codex Alimentarius are international standards, codes of practice, guidelines and other recommendations relating to foods and food production. The Codex texts are developed and maintained by the Codex Alimentarius Commission, a body established in 1963 by the Food and Agriculture Organization of the United Nations (FAO) and the World Health Organization (WHO).

Establishing international control of the food supply is a condition precedent to creating a highly centralized digital global currency. That means that Scott and his organization in their efforts to ensure health and food freedom are at the heart of protecting financial and economic freedom as well.

I will start with Money & Markets. We will continue our coverage of the debt limits talks and the meaning of the US Treasuries announcement that it will discontinue Exchange Stabilization Fund operations. We have more great questions for Ask Catherine.

More at the blog.

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QE Perpetual

Reuters: Ratings agency Moody's on Monday suggested the United States should eliminate its statutory limit on government debt to reduce uncertainty among bond holders. The United States is one of the few countries where Congress sets a ceiling on government debt, which creates "periodic uncertainty" over the government's ability to meet its obligations. Moody's analyst Steven Hess wrote in the report: "We would reduce our assessment of event risk if the government changed its framework for managing government debt to lessen or eliminate that uncertainty."

Treasury To Stop Funding Its Market Manipulation Fund To Delay US Bankruptcy

Update: As Previously Announced, Treasury to Employ Final Extraordinary Measure to Extend US Borrowing Authority Until August 2. Today, the US Department of the Treasury released the following statement from Jeffrey Goldstein, Under Secretary for Domestic Finance, regarding the use of the last of the four previously announced measures available to keep our nation under the statutory debt limit, suspension of reinvestment of the Exchange Stabilization Fund.

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Nothing in this Solari Update should be taken as individual investment advice. Anyone seeking investment advice for his or her personal financial situation is advised to seek out a qualified advisor or advisors and provide as much information as possible to the advisor in order that such advisor can take into account all relevant circumstances, objectives, and risks before rendering an opinion as to the appropriate investment strategy.

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