Loading ...“The Endgame Is Clear” – Gold’s Role Rises As Dollar Hegemony Falls
“The enemy of the U.S. dollar isn’t in Beijing or Moscow or Riyadh, it’s in Washington.“
“It’s the weaponization of the dollar… you’re not just stealing our money with inflation, you’re actually telling us we can’t get it back,” emphasizing that while the BRICS countries might not fully trust each other, they are more likely to trust a “common trading currency backed by gold.”
Matthew Piepenburg, Rick Rule, and Jim Rickards sat down to discuss the future of the USD, the rising BRICS tide, and the Realpolitik of any realistic (i.e., immediate) gold-backed BRICS trade currency.
https://www.zerohedge.com/geopolitical/endgame-clear-golds-role-rises-dollar-hegemony-falls
30 minutes
This is a better take on the subject than another ZH piece by Luongo supporting his ongoing narrative about the US vs Europe. While some of what he has been saying is valid I don’t know if that is Powell’s main objective nor is it going to result in a victory for the US and destruction of Europe. Yes, anything that reduces the power of the WEF and Rothschiild banking interests is good, but if Europe collapses so will the US. Their financial systems are tied together at the hip and the global fallout will hurt both. In his piece he tries to say that the BRICs aren’t hurting the US dollar as much as the EURO. That is disingenuous because the BRIC’s have only just begun to start doing trade transactions in their own currencies(without the need for creation of some new currency). He is using stats from the last year or so regarding the larger drop in Euro based transactions than the one regarding US dollar transactions. The US imposed santions on Russia have naturally caused all of Europe to reduce trade with Russia which in terms of food, energy etc was substantial. The US on the other hand had much less trade with Russia so of course the Euro is going to show a much larger percentage drop than the dollar. Give it another year and it will be the USD that drops off a cliff in terms of the percentage of transaction value no longer being traded in dollaars. If the neocons ever allow this BS war to end and eventually Europe goes back to some trade with Russia in the future it won’t be the Euro that has the worse comparison as the dollaar having had such a large percentage of trade transactions to begin with can only go lower from here.
And the conclusion is, as per Rick Rule in the final few seconds: “Buy a little gold, hang on tight and pray… ”
Or, maybe, just pray!