MikeCristo8: This is it for the US Dollar

MikeCristo8
@MikeCristo8

OPEC isn’t selling oil to Japan in yen

JAPAN STOCKS PLUNGE 5%

WHAT A PERFORMANCE.

THESE PEOPLE ARE TOTALLY CLUELESS.

— Gold Telegraph ⚡ (@GoldTelegraph_) August 2, 2024

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MikeCristo8
@MikeCristo8

Japan is moving into the BRICS camp and buying gold

They have no choice

The Middle East resistance axis may be content on letting the dollar crash rather than attack Israel.

*JAPAN’S TOPIX EXTENDS DROP TO 5%

BOJ BETTER STEP IN AND SELL SOME YEN OR IT WILL HAVE A DEFLATIONARY MARKET CRASH ON ITS HANDS

— zerohedge (@zerohedge) August 2, 2024

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MikeCristo8
@MikeCristo8

In order for the dollar to survive,

The U.S. has to move to a consumption based financial model.

But then U.S. bonds would collapse.

IF CHINA DOES THIS, THERE WILL BE AN INFLATIONARY SHOCKWAVE AROUND THE WORLD AND ALL CENTRAL BANKS WILL BE FORCED TO RESTART RATE HIKES IMMEDIATELY HTTPS://T.CO/XFHH51YUKI

— zerohedge (@zerohedge) August 1, 2024

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MikeCristo8
@MikeCristo8

Japan is NOT going to restart QE.

Japan is buying gold.

Japan will join BRICS.

This is it for the U.S. Dollar.

HOW DO YOU SAY “BANKING CRISIS” IN JAPANESE?

AND YET SO MANY WERE BULLISH SOMETHING I COULD NEVER UNDERSTAND 🙈 HTTPS://T.CO/ILUTXLSQKT PIC.TWITTER.COM/L1V22JAZ3B

— JustDario 🏊‍♂️ (@DarioCpx) August 2, 2024