When I look at the upcoming BRICS meeting and the potential effects on the dollar, I feel that the group has a point, in that the dollar has been weaponized and any one of them may be the next target of the deadly weapon of being basically demonetized. I feel
Looking at comparisons between the fall of Rome and the current state of the US leads me to believe that the US is vulnerable to a similar fate. Some of the similarities follow: We understand that times are different and the world has modernized somewhat, but history does tend to
The more I read about CBDC’s, derivatives, bank investments, bank risks, financial products, debt ceilings, and debt to GDP ratios, the more I concentrate on physical gold and silver. To add spice to the mix, some gold, silver, platinum, lithium and uranium stocks. Each has its risks and rewards and
Maybe the end of the dollar reign, but not down or out, in my opinion. Would I minimize my holdings? Sure. Would I hold physical monetary metals? Sure. Would I write off the dollar? No way. Michael @MikeSay98 Something to ponder: If the US Government owned every single ounce of
Throughout the last century the U.S. dollar undoubtedly reigned supreme as the world’s reserve currency. This greatly reduced the cost of doing business for the United States and lead to an effective bonus of $100 billion a year thanks to lower borrowing costs, not to mention the ability to just
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