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Polin Thomas
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Polin Thomas
3時間前
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A timely and important piece, with the gold price now powering through to a new all-time high of $2,300.
The dollar, of course, is the single most powerful prop of the American Empire. And gold is the anti-dollar.
While high US interest rates are keeping the dollar strong, they are also a huge stress for both the domestic and global economy.
Is the Fed repeatedly delaying its expected interest rate cuts because it's afraid of what might happen to the greenback when it does?
https://www.rt.com/business/595122-west-losing-gold-e..
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Balboa Deney
The USD is only useful if you can exchange it for things you need but some countries already experience a problem with this.
Those Russian sanctions really demolished the trust in the USD. BTC is also very high and the yield curve is inverted.
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Polin Thomas
The dollar, of course, is the single most powerful prop of the American Empire. And gold is the anti-dollar.
While high US interest rates are keeping the dollar strong, they are also a huge stress for both the domestic and global economy.
Is the Fed repeatedly delaying its expected interest rate cuts because it's afraid of what might happen to the greenback when it does?
https://www.rt.com/business/595122-west-losing-gold-e..
Those Russian sanctions really demolished the trust in the USD. BTC is also very high and the yield curve is inverted.