Andy Grace

25 years as radio and TV broadcaster in Australia and USA, iOS/Android/Linux/FPGA software engineer, family historian, futurist, anti-anti-economist.

[Andy Grace @andygrace]

@mikepompeo The real problem is that the protection deal for pricing oil in USD failed. Those US bases didn't protect but *attracted* Iranian missiles. Therefore those 'allies' are considering other options. So it's pragmatism or GCC countries siding with China/BRICS energy in yuan/gold.

[Andy Grace @andygrace]

@jackimaniel @SecScottBessent It'll force central banks back into QE. That might lower rates at the short end of the curve but bad news for Bessent is the long end is spiking already. $10T to roll over + $2T deficit to fund. It's no coincidence that free passage thru Hormuz if crude is denominated in yuan.

[Andy Grace @andygrace]

Destination: Alaska or bust https://t.co/LTft1MZMb8

[Andy Grace @andygrace]

All that glitters may debase debt-based currencies https://t.co/8JbEtSAEEW

[Andy Grace @andygrace]

@MercanTroy @WesternLensman Iran is a core BRICS member and Global South countries can and probably will attack the bond market. That would do immensely more damage to America than any military or terrorist attack.

[Andy Grace @andygrace]

@WesternLensman Iran won't attack the United States militarily. Their strength is in the oil market. Expect the BRICS and Global South to further cut USD trade and attack the bond market, right when the Treasury is dangerously low on cash and trillions in paper needs to be rolled over.

[Andy Grace @andygrace]

@thekriskay @erde364698 @zerohedge We can't even buy micro-EVs In Australia. This is the range and yes, even a decent pickup truck. Quality is outstanding - I was a skeptic till I drove a couple.

[Andy Grace @andygrace]

@dvpme @thekriskay @zerohedge Hardly anyone in America has seen. Here in Australia we've gone from crap Chinese cars to excellent in about 8 years. BYD is killing it on quality from small to pickup trucks. The latest MG EVs (owned by SAIC) are great value and good quality. GWM selling plenty too.

[Andy Grace @andygrace]

https://t.co/4dtiQnq6gB

[Andy Grace @andygrace]

@weremainbull1sh @Demodred2022 @IranObserver0 US ending the INR treaty on IRBMs enabled Russia, Pakistan and Iran to build very large hypersonic missile assets with the aim of taking out NATO nuclear installations before launch. That requires tens of thousands and at $100k each, a fraction of the cost of the PAC3.

[Andy Grace @andygrace]

@weremainbull1sh @Demodred2022 @IranObserver0 First manufactured in 2022. Intelligence says Fattah-1 had 400 when they were officially launched in June 2023 and been building at a rate of 100+ per week ever since. Also Khorramshahr-4 has been produced in large numbers.

[Andy Grace @andygrace]

That's a 'Dollar Word Salad', even for him! https://t.co/y6pcxuIXTM

[Andy Grace @andygrace]

Reciprocal tariffs https://t.co/LKASywU1iy

[Andy Grace @andygrace]

https://t.co/RwhLDNyCyQ

[Andy Grace @andygrace]

Gold hits $3000 per ounce.

[Andy Grace @andygrace]

@RadioGenoa Obviously far too difficult to hold an election with so many people afraid to leave their homes.

[Andy Grace @andygrace]

@whmarshall77 @elonmusk Worse still the Fed creates currency out of nothing and hands it over to the banks. At night the banks park it back at the Fed where they get paid the current overnight rate with a repurchase agreement so they have liquidity on their books for the next day. Repeat every day.

[Andy Grace @andygrace]

@gcal2600 These are just the IMF official figures of bullion held by central banks - vastly different from reality. The Chinese government will hold at least 30,000 tons, Russia more than 10,000 tons. The rest is anyone's guess because so much gold gets leased out and may never return.

[Andy Grace @andygrace]

@iyahmaymusic Congratulations! Now you're featured on Zerohedge you're going to be massive in America. :)