MikeCristo8: US Treasuries are Being Recycled into Gold

I don’t think it’s a gold reset.

I think it’s a Commodities exchange are the real BRICS currency.

*SILVER
*PLATINUM
*COPPER
*PALLADIUM
Corn
Grain
Wheat
Soybean

The fiat system is collapsing. China is selling.

Bond erosion accelerates.

This, not good.
This,very bad. pic.twitter.com/WSY4dmOHYk

— The Great Martis (@great_martis) October 28, 2024

Basically mbridge just shut down the dollar through SWIFT. So the BIS is blocking non-dollar payments.

This is what the New Development Bank is for. To Override SWIFT.

Basically mbridge is blocking all dollars from flowing to the BRICS countries.

Mbridge was always going to be a tool to shut down the dollar in global finance. The BIS is just now figuring it out.

https://www.bloomberg.com/news/articles/2024-10-28/bis-debates-ending-project-eyed-by-p***n-to-undermine-dollar

BRICS trade. It’s a barter system. You’re trading commodities & goods which can then settle with local currencies at an agreed upon change rate.

BRICS doesn’t have a bond market, don’t need one.

The G7 currencies will fail because the world is no longer trading credit.

This is important. U.S. Treasuries are being recycled into gold.

From @LukeGromen: “Gold has diverged v. oil, v. 10y US real rates, v. LT UST futures, v. western gold ETF inventories, and v. the USD, and yet western consensus continues to miss what is happening here: BRICS net surpluses [more than $780 billion in 2023] are being recycled into…

— Seabridge Gold Investor (NYSE:SA | TSX:SEA.TO) (@GoldSeabridge) October 29, 2024

Janet Yellen is setting up the banks as the fall guy for when this goes down.

US Treasury Secretary Janet Yellen said that fraud in the banking system is becoming a huge problem https://t.co/bsPkDd4xHn

— Bloomberg Markets (@markets) October 29, 2024

Musk, Trump are in charge of the reset. Because ultimately U.S. Treasury bonds are being recycled into gold.