Note that Saudi Arabia and the United Arab Emirates will join China to become members of BRICS in December, which has an often-stated strategic goal of de-dollarizing. Saudi Arabia and the UAE will become BRICS nations in January. With BRICS’ clear goal to...
The final move down of the dollar is likely to involve a US default even though the US hubris will prevent them from using that word. It will instead be called a reset but the whole world will know that this disorderly reset will involve the US currency having lost all of its value. T...
highs, the spin machine tells us that unemployment is dropping and the economy is really picking up steam,Mike Gasiorwould call it a “wonderful fiction”. So what do I think, I think we are right where I said we would be back in early 2009, on our way to the glorious false recovery...
In a real crisis, people will sell their gold and try to buy wheat and fuel - poof goes the value of gold. Anybody who thinks a real (Western Roman Empire, 3rd or 5th century AD style) collapse is coming, should not buy any currency, but only real value (canned food, seeds, guns...