The persistent rise in public and private debt cannot be ignored over a more extended horizon. As inflation chips away at purchasing power and central banks toy with interest rate mechanisms in vain efforts to stave off recessions, gold will likely solidify its role as the standard-bearer of economic certainty. To Read More Click The Button Below.
Scott Bennet and Mike Harris discuss global issues, including rumors of India reconsidering launching a BRICS currency due to alleged interference from the Western banking syndicate. They speculate on the potential economic collapse in the US and its impact on political stability. The text also explores the shift towards commodity-backed currencies and the need for caution in taking violent actions. Learn More – click the link
In a recent discussion, Gregory Manorino highlighted the mounting pressure on the global stock market. The primary cause? A global debt market selloff, with China at the forefront. As China continues to sell off U.S. Treasuries and seeks to reduce reliance on the U.S. dollar, the Petrodollar and world economy face major threats. Brace yourself for potential
Cracks Emerge in the Petrodollar System Underpinning Dollar Dominance This month, the leaders of the BRICS nations – Brazil, Russia, India, China and South Africa – will meet in South Africa for discussions on creating a new global reserve currency that could rival the US dollar. This effort comes amid growing unease over dollar weaponization […]
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