@jessebday@DaveHcontrarian By the 2030’s USD will not be the reference currency for pricing oil. Oil to be priced in Gold say 1g a barrel. Gold is being re-monetised because the Global south has opted to De-dollarize.
@BGatesIsaPyscho Loss of confidence in Governments leads to loss of confidence in sovereign currencies. U.K and GBP is no exception to this rule and now with a choice, it’s no surprise a small number of us have already opted to live on a Gold Standard.
@JCampy@mike_maloney Gold is $87k /kg This is the unit of account for PHYSICAL GOLD, the BRICs++ trade settlement currency. Not to be confused with Troy ounces, used by Comex and London Bullion Market to price their re-hypothecated paper contract derivatives of Gold.
@Spedley1 @implausibleblog Next $1 Trillion will be required every 90 days, then every 80 days. It accelerates until the US has to face their Weimar moment. At which point the collapse is everybody’s problem. The trigger was Nixon 1971, the suspension of the convertibility of US Dollars into Gold.
@Spedley1 @implausibleblog The banking system collapsed in 2008 and has relied on liquidity created by central banks ever since. The overnight repo market is the plumbing that keeps the banks going. But Central Banks cannot keep it going for much longer. The US has been creating $1 Trillion every 100 days.
@Spedley1 @implausibleblog Absolutely Correct we should not conflate Money with Currency. New currency is created when commercial banks make loans. It may be a credit balance in a bank account but it’s a debt obligation elsewhere.
@WallStreetSilv Difficult to grasp at first but it is the diminishing value of “Debt based” currencies that manifests as shelf price increases. I’m in U.K but no longer use GBP preferring. instead #KinesisMoney. Prices are stable when you live life on a Gold Standard no CPI for us.
@Altanon@runews Shouldn’t Ukraine be asking the US for the 19.5 tons of Gold the CIA took from Kiev under cover of Darkness February 2014. 😂😂. Cash on delivery for staging a revolution. 😉
'Says it all': White House pounces on Republican behind new Biden 'criminal scheme' bombshell for saying 'I wish I could say that I knew it was true or untrue'
via https://t.co/BghMxTte4f https://t.co/OJ7Sxyw2jX
@birdseye88 Buy Gold Silver & BTC on Kinesis Exchange. Transfer all to Cool Wallet/Ledger Nano. Recall seed words. Take vacations to countries where your treated better. Settle in country where your treated best. #kinesismoney
@Moneyman9991@GoldTelegraph_ Well Kinesis money are partnered with XDC for future interoperability within the new ISO 20022 protocol Furthermore Kinesis runs on a custom fork of the Stellar Blockchain, As a medium of exchange It’s far superior to GBP here in the U.K.
@MichaelPghPA@GoldSwitzerland Yes already happening. Gold to 5 decimal places of 1 gram Silver to 5 decimal places of 1 ounce. Via Stellar P to P & MasterCard. 15 location Global vault network. #Kinesismoney