Around June 9, 2024, the largest contract between the US and Saudi Arabia to convert weapons and oil into dollars - the US debt purchase contract - will end. 50-year contract.
The drastic changes in the West, which are not being reported at all, should be taken into consideration in economic and financial activities, with particular attention paid.
First of all, the US has announced that it will no longer be able to buy cheap Saudi Arabian oil, which is practically free, and that it does not like US-printed notes, and will use other currencies, and the de facto substitute has become the Chinese yuan.
This is not the decline of the US dollar in the general sense. It means the great sword of the BRICS, which is the axis of conflict.
This means that the two camps, which are the polar opposites, have begun to seesaw-like fluctuations, rather than a conflict, in the direction of the main gold lord.
This means that the dollar will fall by 5%, not 5%, but the fall of credit, and that a difference will arise with the concentration of gold, and that this will become a difference in reality. Intensity, volatility, the cracks ... In Russia, the ruble has been rising recently.
It would be a good time for the BRICS conference, which I belong to, to hint at, hint at, or officially declare this gold standard.
Saudi Arabia, the oil currency, the BRICS, the lack of reporting ability in the West, the stupid Biden, the war, the currency $ as a weapon, the totalitarian $ system, the humble idiots who can only see the future on the premise that they can maintain it, must say the same thing.
The US authorities cannot stop the huge debt of $34 trillion from falling.
In the 1970s UK, the national debt was over 10%, which can be called inflation, but the strong fall in the value of the currency created a result, and no one would buy national bonds unless they were given an example, so the price was raised, the refunds became huge, and taxes on the people increased, 10%, which at one point was over 90% in taxes. JR says.
The current US dollar has lost Saudi Arabia, and the printed dollar has no gold. The Fed and FOMC are doing business as if it somehow has value. They are expanding the war and creating a storm of @@ creation regardless of the citizens or the country.
They are also proceeding with the collapse of the British Empire without any involvement from its citizens. ** means that the UK has already rumored that they have removed their main assets, which means that the UK is being destroyed, but we are not involved.
I don't know where it will be transferred to yet. jamie Dimondsays, gold is money, money is not others. Alasdair Macleodsays, Chinese private gold holdings are about 35% of China's GDP, $6 trillion, 155 yen of the official amount, 930 trillion yen. Simon Hunt says that private holdings are 23,000 tons, the government says 20,000, and Russia says 12,000 tons.
Even if there are fluctuations, their policy is to prevent their own citizens from becoming impoverished. This is the creation of an exit and entrance.
The BRICS are following suit, but India is a little reluctant, as paper banknotes are not in yuan but in gold, so they are skeptical, reluctant and indecisive, although this is India's national policy.
Citizens have been rushing to buy silver frantically, as they don't want to be as poor as their country and believe that their country will not help them.
China seems to be not exaggerating the news about the merger between the Chinese yuan and Saudi Arabia, so as not to provoke them.