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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (68697)	12/7/2022 1:55:25 PM
From: Real Man	1 Recommendation Recommended By ggersh Read Replies (1) \| Respond to of 71445

There are things outside of their control, like foreign central banks suddenly preferring gold to dollar after Russian reserves first get frozen then stolen. I bet both Russia and China will never again buy Euros, pounds and dollar, but payment for goods and services in gold is accepted -g- Like with the sanctions, will reserve freeze and (in case of Europe) confiscation backfire and result in a dump so said countries (China and RF) no longer accept payments in G7 currencies? If so, the world is de facto back on gold standard, and a trade deficit leads to equal currency dump until it balances itself. No more capital account surplus, and G7 assets get dumped for gold.