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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (150771)	4/23/2023 5:40:33 AM
From: Goose94	Read Replies (1) \| Respond to of 203728

Gold: O' Canada Take Note. Ghana Oil-for-Gold Beats Inflation When it comes to oil and the decades-long bully-effect of a usurious US$ (See: Confessions of an Economic Hitman), we have argued countless times that a strong USS and an imposed petrodollar was gutting developing economies around the world. We also warned that developing economies (spurned by global distrust of the Greenback in a post-Putin-sanction era of a weaponized reserve currency) would respond by turning their backs on US policies and its dollar. In the old days, the US could export its inflation abroad. But those days, as we warned as early as March 2022, would be slowly but steadily coming to a hegemonic end. Again, this does not mean (nod to the Brent Johnson) the end of the USS as a reserve currency, just the slow end of the USS as a trusted, used or effective currency. Toward that slow but steady end, it’s perhaps worth noting that Ghana’s inflation rate has fallen from 156% to just over 60% since it began trading oil for gold rather than weaponized USSs. Hmmm.