MikeCristo8
@MikeCristo8
Gold replaces U.S. Treasuries as the new bank collateral requirements for banks to issue loans starting Oct 1.
Sept will be the stock sell-off as Fed keeps rates unchanged.
Basel 3 requirements start Oct 1.
Gold is new tier 1 asset.
Gromen. Just spilled the beans.
Gold will settle the oil trade.
The bullion banks will likely be drained in September.
China is likely settling their balance of payments (with other countries) utilizing their citizens gold accounts.
This will drive China’s Investment in gold higher.
Brilliant strategy.
The C-A uses Twitter to undermine BRICS governments to use the dollar.
BRICS is dropping the dollar.
So you (Brazil) block all forms of Western influence.
It’s not complicated.
How does the PBoC borrow against itself?
It simply raises the price of its citizens gold accounts.
Why does Russia only sell oil in yuan?
China’s capital Account is now backed by gold.
Why did the Fed announce on Wednesday banks need to be Basel 3 by October 1.
U.S. Treasuries will no longer settle international trade.
Are the pieces coming together now?
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