U.S. Dollar Crisis Directly Ahead
Submitted by gjohnsit on Wed, 07/29/2020 - 2:35pmToday's news out of China is extremely alarming. Even if this was the only danger to the U.S. Dollar, which it isn't, this news alone should set off alarm bells.
Dollar
Iraq, Iran, and Venezuela - a common thread
Submitted by bondibox on Mon, 01/06/2020 - 6:49amIn 2000, Iraq switched away from selling oil for dollars, to selling oil for Euros. Then we went to war with Iraq.
Syria is trying to build a competing pipeline to oil to the European market. So we went to war in Syria.
In 2019, Venezuela and Iran created petro cryptocurrencies to use for oil trade. Now we're going to war with Iran. I suppose Venezuela was a little too close to home for an actual invasion, but we came close, didn't we?
Something Old, Something New, Something Borrowed, Something Blue
Submitted by Cant Stop the M... on Tue, 01/03/2017 - 5:52am
Something/Someone Old
Evening Blues Preview 6-5-15
Submitted by joe shikspack on Fri, 06/05/2015 - 2:22pmThis evening's music features New Orleans r&b singer, "Mr. Personality," Lloyd Price.
US Terrorizes China; China Pulls the Golden Trigger.
Submitted by Pluto's Republic on Mon, 05/25/2015 - 12:06amAll week I've been seeing references to this headline:
"China could announce that it holds 30,000 tons of gold to back the Yuan/Renminbi."
As a Forex trader, the story took me by surprise, even though China has been stockpiling for years, and is the world's largest gold producer. Also, it's not like China to pull this trigger so fast. However, in the South China Sea last week, the US started militarily terrorizing China with war ships and fighter jets — and China warned (in so many polite words) that the US planted the seeds of its own doom.
So, maybe that's what this is all about.
