Putin’s advisor Kobyakov: The U.S. has devised a crypto scheme to erase its massive debt at the world’s expense.
“The U.S. is now trying to rewrite the rules of the gold and cryptocurrency markets. Remember the size of their debt—35 trillion dollars. These two sectors (crypto and gold) are essentially alternatives to the traditional global currency system.
Washington’s actions in this area clearly highlight one of its main goals: to urgently address the declining trust in the dollar.
As in the 1930s and the 1970s, the U.S. plans to solve its financial problems at the world’s expense—this time by pushing everyone into the “crypto cloud.” Over time, once part of the U.S. national debt is placed into stablecoins, Washington will devalue that debt.
Put simply: they have a $35 trillion currency debt, they’ll move it into the crypto cloud, devalue it—and start from scratch.
That’s the reality for those who are so enthusiastic about crypto.”
🔗 Source: https://t.co/IYv8Xzl5N2
@bozkaschi This is strong: All-In Sustaining Cost ("AISC") (-3% Y/Y): Consolidated AISC in the quarter was $21.02 per AgEq ounce, representing a 3% decrease from $21.64 per AgEq ounce in the second quarter of 2024.
@hajiyev_rashad Well, there is no president or world leader that is pushing its "free" CB harder and more idiotic than Trump with arguments that could come from a 1st year collage student. The US is in a bizarre economic status right now.
@DonDurrett The importer typically pays for a tariff. A tariff is a tax or duty imposed by a government on goods being brought into the country. When goods cross the border, the importer is responsible for paying the tariff to the importing country's government.
@DonDurrett They have a M-cap of 2 billion $ and they produce 1,4 million ounces per quarter right now. Still losing money? There are better bets on produces out there.
@SilverGold_News I hope Barrick prepared properly for this, destroying all on site digital data of the veins and zones and so on leaving just a black hole full of false paths into the mountain misguiding the thief's way below.