Independent thinking for complex markets and current events
Lawmakers in the Lone Star State are so fed up with dollar devaluation that they’re taking matters into their own hands. Outlining a bold proposal to reinvent money – and it’s certain to have the Federal Reserve in an uproar. Here’s the opening shot in the battle of Texas versus the Fed… By Peter Reagan Your …
China’s currency is not freely convertible, no common monetary authority, no large and liquid bond market and lack of legal agreements, US Dollar reserves are still nearly 60% of total with euro the next closest. More than 80% of global transactions take place in dollars due to the large, liquid US treasury market. BRICS currency …
BRICS won’t stop buying Gold. Why? The Imperial Dollar was weaponized and it continues to be used as a tool to threaten other countries looking to dump it under Trump. These are the signs of a declining Empire. Using threats to force the world to use your fiat. Will only encourage BRICS to diversify faster …
Proposal for a 50-year Treasury bond convertible into gold issued at the initiative of President Trump on July 4, 2026. Read more here: https://www.usagold.com/reviving-the-gold-standard… Proposal for a 50-year Treasury bond convertible into gold issued at the initiative of President Trump on July 4, 2026. pic.twitter.com/vXVy0SnIq6 — Judy Shelton (@judyshel) November 22, 2024
Must read for anyone wanting to understand how the federal has come to consume nearly 25 cents out of every $1 earned in the US. https://t.co/5KtQUtim9t — Richard A. Stern (@RichAStern) November 20, 2024 If we want to reduce inflationary deficit spending and get interest payments under control, Americans must take a hard look at …
I'm starting a new business and we're only going to buy Bitcoins. We'll be massively leveraged to a worthless asset. And number one in Nasdaq dollar volume. Day after day. pic.twitter.com/QuE3QveoGA — Mac10 (@SuburbanDrone) November 20, 2024 Marketplace BAFFLED by @saylor 👑 $MSTR now borrowing to buy #Bitcoin at 0% 🤯 The interest rate itself, …
Speechless. The audacity of this clown to say “every dollar we have at our disposal” when majority of Americans are struggling to pay their grocery and gas bills.. Traitors all of them! — The.Mothership (@indiMAGAdonian) November 14, 2024
This you and I agree on. https://t.co/ZdM2jelRTi — USTAXPAYER (@USTAXPAYERUNION) October 28, 2024
As Secretary Janet Yellen is asked about her concerns over the U.S. dollar’s status as the world’s reserve currency… The Treasury Department sign falls off. The universe always finds a way to make us laugh. pic.twitter.com/9XLeFNv4Na — Gold Telegraph ⚡ (@GoldTelegraph_) October 27, 2024 Reporter: How concerned are you about the long term status of …
BRICS Unveils Symbolic Banknote, Pushes for Local Currency Trade Amid Dollar Debate At the BRICS summit in Kazan, a symbolic banknote featuring the flags of member nations was unveiled, sparking discussions on creating alternatives to the US dollar and fostering a more independent economic system. At the BRICS summit in Kazan, Russia, a symbolic BRICS …
JUST IN: 🇷🇺 Russia's President Putin holding a mock-up BRICS currency note as a symbol of "ditching the US dollar" pic.twitter.com/3fx0wOpjpc — Radar 𝘸 Archie🚨 (@RadarHits) October 24, 2024 BRICS officially adds 13 new countries to the alliance as partner countries (not full members): 🇩🇿 Algeria 🇧🇾 Belarus 🇧🇴 Bolivia 🇨🇺 Cuba 🇮🇩 Indonesia 🇰🇿 …
“The dollar remains the most important tool in global finance, but using it as a political weapon undermines trust in the currency. We’re not rejecting or fighting the dollar, but if they don’t let us work with it, we’ll seek other alternatives—and that’s exactly what we’re doing.” 🇷🇺 PUTIN: WE'RE NOT REJECTING THE DOLLAR, BUT …
by Mike Shedlock Russia GDP is now estimated at +3.8 percent, topping the US, despite sanctions. What’s going on? Russia’s War Economy Eurointelligence discusses Russia’s War Economy It is worth looking at the autumn forecast for Russia by the Vienna Institute for International Economic Studies, one of the best sources of economic information for central and eastern Europe. …
Gold hits new all time high despite surging dollar; the precious metal has now completely disconnected from the greenback amid relentless central bank buying pic.twitter.com/4OfruCNNOV — zerohedge (@zerohedge) October 16, 2024 “Central banks around the world have also increased their share of gold as a portion of total reserves…” Source: https://t.co/SecOWikXrY. — Gold Telegraph ⚡ …
The BRICS Pay card demo was recently showcased at the BRICS working groups meeting at the World Trade Center in Moscow, marking a significant step towards creating an alternative payment system. The card, pre-loaded with 500 rubles, is already functional for purchases at select locations within the center. This demo hints at the broader ambitions …
by James Hickman At a campaign rally earlier this month, President Trump promised that if he is elected, “We will keep the US dollar as the world’s reserve currency. It is currently under major siege. Many countries are leaving the dollar.” What he’s referring to is the extreme privilege that the US has, i.e. that …
Unleash the Apoorcalypse pic.twitter.com/fA79SE9JZD — zerohedge (@zerohedge) September 30, 2024 Comments from retail associations: The American Apparel and Footwear Association estimates that 53% of all US apparel, footwear, and accessories imports are routed through the East and Gulf Coast ports. The AAFA also noted risk from East Coast / Gulf port disruption to impact West …
Gold is telling you the Federal Reserve is full of shit. Not a single person on earth thinks inflation is 3% pic.twitter.com/E8XedI6Nj1 — Darth Powell (@VladTheInflator) September 24, 2024 Today, silver prices reached their highest level in over a decade. Widespread skepticism surrounding the metal remains, which, in my opinion, represents one of the most extreme …
by confoundedinterest17 The US has fallen into a Ring of Fire under Biden/Harris horrid economic policiies. But Biden/Harris had help from their deep state partner, The Federal Reserve. The purchasung power of the US dollar has fallen by a whopping -20% under Biden/Harris. No wonder Harris is afraid to talk to reporters about her plans. The children in …
2/ Aug 2000 to April 2001: Market dropped by about 25% and yields were falling Creating a "stocks-down-yields-down" environment This is typical during economic recessions pic.twitter.com/0Do52BsCXC — Bravos Research (@bravosresearch) September 16, 2024 4/ Fast forward to 2008: Initial downturn in stocks coincided with declining bond yields Again, the same recessionary behavior led straight to …
Four-Trillion Dollar Wipeout pic.twitter.com/00Zrvuk1cj — Win Smart, CFA (@WinfieldSmart) September 9, 2024 We are witnessing rate cut FOMO in Lehman week. Because nothing could go wrong. pic.twitter.com/S9S5aTPXVN — Mac10 (@SuburbanDrone) September 9, 2024 The copper/gold ratio is a leading economic indicator. pic.twitter.com/BUP6JA8qpC — Mac10 (@SuburbanDrone) September 9, 2024 Last week had the highest five day …
Look at these two charts and explain to me how it is possible that "inflation expectations" (whatever the f*** those are) are under control? Americans earn fewer dollars than they have in 80 years, and their desire to hold those dollars is near an 80 year low. Jettison the… pic.twitter.com/v0DaECBLzY — Dr_Gingerballs (@Dr_Gingerballs) September 3, …
Vince Lanci has reported that 126 nations are showing interest in moving away from reliance on the US dollar and are set to attend the BRICS Municipal Conference in October 202412. This reflects a growing trend among countries to explore alternatives to the US dollar for international trade and financial transactions. https://marketsanity.com/vince-lanci-brics-2024-126-nations-eyeing-us-dollar-exit/ https://arcadiaeconomics.com/brics-2024-126-nations-eyeing-us-dollar-exit/
U.S. Dollar Index $DXY on track for lowest close since July 2023 👀 pic.twitter.com/QttP92aA3K — Barchart (@Barchart) August 23, 2024 This is crazy. People think they’re getting richer as the market goes up but in real terms not really. https://t.co/dytRkimwVe — QE Infinity (@StealthQE4) August 23, 2024 Wall Street’s reaction to the Fed’s impending rate …
That is thru the swift system only! Many nations are now bypassing swift system using direct transfers. So it’s not an apples to apples comparison. Also, many nations willcontinue to use Swift for a few months since Brics new Unit is scheduled to be rolled out in January ! — Patriot Planner (@PatriotPlanner1) August 23, …
by Mike Maharrey Dollar dominance is slowly ebbing as the world looks to diversify away from the greenback. The share of dollars making up global reserves has dropped by 14 percent since the turn of the century, according to data compiled by the Atlantic Council. As of 2002, dollars accounted for 72 percent of global reserves. …
Someone just dropped >$800,000 on 80 dollar January 2025 NVDA puts lump sum. byu/SqueezeStreet inwallstreetbets
BRICS announces details of new global currency. by birchgold A new major currency will be hitting the world stage soon as BRICS – being the economic block of Brazil, Russia, India, China, South Africa, and a growing number of non-western nations – is coming closer to officially launching its collective tender. Details of the currency, …
This doesn't make sense, Marco. You LITERALLY say foreign countries should be held accountable for not following US laws. O wait that's what you actually believe — Nury Vittachi (@NuryVittachi) August 1, 2024
