MikeCristo8
@MikeCristo8
I think it’s now safe to assume the dollar no longer trades internationally and in the Forex.
BRICS.
Gold Telegraph
@GoldTelegraph_
Russian court freezes funds of JP Morgan. Things are ramping up on the financial side…
Basel III was negotiated in 2015 with the Treasury, big banks and the BIS.
None of them believed in 2015 that this scenario would be staring them in the face.
They all thought Russia would be carved up by now.
They don’t have another system that replaces the bond market.
Ben Rickert
@Ben__Rickert
The reverse repo facility is almost dried up and financial institutions are now operating in a liquidity desert. This isn’t just bad for Bank of America; it’s catastrophic for the entire financial landscape.
Oil is rising because I said oil is no longer traded in dollars.
The dollar no longer trades in the forex.
Do you all know what a k**l switch is?
The dollar is being turned off literally.
Oil is up nearly $4.
The dollar is breaking away from OPEC in trade.
The spike in the oil price is also telling you the U.S. doesn’t have any gold.
Oil will crash.
BRICS has already moved off the dollar.
