MikeCristo8
@MikeCristo8
The moment oil stops being traded exclusively in dollars, the global demand for the U.S. currency will plummet. The petrodollar recycling system—where oil-exporting nations reinvest their surplus dollars into U.S. Treasury bonds and assets—will evaporate, leaving the U.S. with fewer buyers for its ballooning debt.
Basel III – remember when I said yesterday that the dollar will be rejected at the point of sale?
China is massively dumping US Treasuries.
Argentina will be the next Zimbabwe.
Few understand this.
China is giving away dollars in its sale of U.S. Treasury bonds.
*this is not printed yuan.
Advertisement
______________________________________________________
It is my view that China has just disconnected from the dollar.
China controls interest rates on gold which controls oil price.
The release and internationalization of the unit will make China rich beyond your wildest dreams.
Gold is rising because China is selling dollars.
By Monday China will have dumped all $700 billion of their U.S. Treasury bonds.
Oil is down almost $5 since yesterday.
Advertisement
______________________________________________________
We are transitioning from dollars for oil.
To gold for oil.
The BRICS unit launch is likely Tuesday.
Source(s):
https://x.com/MikeCristo8/status/1839062736632004898
https://x.com/MikeCristo8/status/1839312229432451519
https://x.com/MikeCristo8/status/1839319114978144635
https://x.com/MikeCristo8/status/1839320568421867956
https://x.com/MikeCristo8/status/1839373264482947547
https://x.com/MikeCristo8/status/1839379788110459202
https://x.com/MikeCristo8/status/1839470767123370477
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
