Independent thinking for complex markets and current events
Dr. David Gibbs is Professor of History at the University of Arizona and one of the leading scholars of U.S. foreign policy, international relations, and political economy. His research focuses on topics ranging from the Balkan conflicts to Afghanistan, NATO expansion, and the broader evolution of American foreign policy. Prof. Gibbs is the author of …
The European Central Bank confirms that gold has replaced US Treasuries as the leading reserve asset for the first time since 1996, with bullion now accounting for 27 percent of global reserves compared to 22 percent for Treasuries. ECB President Christine Lagarde highlights that relentless geopolitical friction acts as the primary driver for this exodus, …
The idea of seizing Russia’s assets in the US and EU as a response to the ongoing conflict has sparked heated debate, with critics warning of dire consequences. Proposals to confiscate frozen Russian assets and divert them to Ukraine are not only shortsighted but could also spell disaster for the United States and its allies. …
All that oil no longer in dollars between BRICS members. They won’t need to buy dollar for oil.US Dollar days are numbered. Don’t expect media to inform you on this. Get into hard assets now! Watch for diversion events in media and politics this Sept and Oct. Johannesburg, South Africa – Saudi Arabia and Iran …
“The larger the US balance of payments deficit is, the more it spends militarily and politically around the world, the more foreign central banks end up financing the domestic budget deficit so that the US Treasury doesn’t have to borrow from US investors – it doesn’t have to create money itself… Well, that means that …
by Chris Black The power of the US dollar is the power of the US military. The reverse is also true. Both have fallen on some very hard times. RT: US sanctions are pushing many countries to seek alternatives to the dollar for settlements, Treasury Secretary Janet Yellen admitted during her annual appearance on Tuesday …