The Old Pretender
@Dioclet54046121
The US is under intense pressure to do a dollar devaluation against #gold. That will wipe out the paper market and any paper speculators.
A dollar devaluation is not only inevitable, it is also near, because it’s the only option for the US to reduce its debt and deficit, as the rollover approaches.
I’ve had people say to me, “Bessent is only talking about balance of trade, NOT currency adjustments.”
— Luke Gromen (@LukeGromen) May 14, 2025
My reply has been “Discussing balance of trade IS discussing currency adjustments!” pic.twitter.com/QI7G2J2hkm
This is why the China tariffs negotiations are really a secret currency reset negotiation, aka dollar devaluation negotiation, aka #gold revaluation negotiation. It’s also urgent.
Source(s):
https://x.com/Dioclet54046121/status/1922856042037149898
https://x.com/Dioclet54046121/status/1922948252753641733
https://x.com/Dioclet54046121/status/1922950952312508658
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