I have long warned of the collapse of the petrodollar reserve system that currently undergirds the global economic system.
Up until very recently, every nation on the planet coveted and hoarded U.S. dollars to settle oil transactions—all countries were required to sell and buy oil in U.S. dollars—massively driving up demand for the currency. …
Hence the term ‘global reserve currency’—the dollar was the common denominator in global energy trade.
However, due to rampant monetary printing, sustained military campaigns abroad, and the Biden administration’s absolute weakness, that system has now collapsed. …
You won’t hear these exact words in the news, yet this is exactly what has happened. …
Additionally, the entire energy paradigm is shifting, as the U.S. Department of Energy announced a breakthrough in nuclear fusion technology late last year, placing additional pressure on the petrodollar and leaving the future of the entire oil industry in doubt.
What this means is that at least half the world no longer has a use for the U.S. dollar, beyond using it for legitimate foreign-exchange business transactions—guess where all those excess dollars are going to go?
They’re going to be sent here, they’re going to come back home—causing untold levels of inflation—potentially hyperinflation.
If you don’t believe this system has collapsed, take a look at these headlines and these latest developments over the last week:
According to Watcher Guru:
Talking on the sidelines of the Russian-Indian Strategic Partnership for Development and Growth Business Forum, Babakov said,
“I think that at the BRICS [leaders’ summit], the readiness to realize this project will be announced, such works are underway.”
“The transition to settlements in national currencies is the first step. The next one is to provide the circulation of digital or any other form of a fundamentally new currency in the nearest future.”
Merco Press shared this seismic report from the World Bank:
The United States dollar status as the world’s single reserve currency will end by 2025, according to a new report by the World Bank.
“By 2025, six major emerging economies—Brazil, China, India, Indonesia, South Korea, and Russia—will account for more than half of all global growth, and the international monetary system will likely no longer be dominated by a single currency.
As economic power shifts, these successful economies will help drive growth in lower income countries through cross-border commercial and financial transactions.” the report noted.
So….what to do?
As usual, we don’t leave you hanging.
We have real, actionable next steps to keep you and your family safe!
Gold Is About To Become “Unobtainium”?
Ok, so I have to admit something…
I’m not sure if you spell it Unobtainium or Unobtaineum since it’s a made-up word, but the point remains: there could very well be a time fast approaching where you can’t obtain Gold.
You either have it or you don’t.
That’s a message I’ve heard repeated by many people in recent weeks, most recently just today by Steve Quayle on Greg Hunter’s show.
I always love listening to these two chat, even though they got a little chippy at the end, with Quayle chipping back “Did you not just hear me?”
That’s ok, stress and tensions running high.
But there was a LOT in this one and I will try to summarize a couple main points.
First, Quayle points out that China has been absolutely DUMPING U.S. Treasuries in recent months, and then accelerating the sales this week.
According to Quayle, they dumped so much this week they sold them for 15 cents on the dollar just to get out.
As Bo Polny keeps warning us, a failure of the U.S. Dollar (USD) $ is coming and this is how you get a failure.
When the second largest holder of U.S. Treasuries rage quits the market and dumps them at fire sale.
Take a look at this:
Ok, so to everyone who just tuned out when I started talking about Treasuries, let me explain to you why this matters.
DISCLAIMER: no, I am not a Financial Advisor and I’m definitely not YOUR Financial Advisor. But I am a reporter and I report it like I see it. Fair and honest.
Because the US Dollar is likely going down hard….
But that also means Gold is likely about to Moonshot.
Check this out:
As for that last one, that would be going from $2,000/oz to $8,000/oz.
We call that a 4x move, or a 400% gain.
You can watch the full interview here on Rumble:
If you already have gold, that’s great!
For everyone else….keep reading:
A Faith-Driven, Conservative Precious Metals Company You Can Use With Your IRA!
For the last year, central banks across the globe have been buying up as much gold (and often silver) as they can acquire without raising alarm bells. Now, we see why.
The recent bank runs and ongoing collapse of the U.S. banking system was anticipated by the “elites” and the central bankers who run things behind the scenes. They saw it coming and knew the best way to protect their assets was through physical precious metals.
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Central bankers aren’t slowing down. In fact, nations like China and even U.S. states like Tennessee are quickly but quietly buying up gold to back their own treasuries. When the writing on the wall is this clear, it’s understandable why these governments are moving quickly to get ahead of any potential economic catastrophes in store.
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Don’t wait too long, we might have more bank failures right around the corner.
You know what has NEVER “failed”?
Gold. Precious metals. Indestructible.
There’s a reason they call it “God’s money”.
Watch this for more:
via We Love Trump
March 31, 2023 at 04:24PM