@WeTheBrandon Precisely - there is no clear successor to the dollar so for now a multipolar world awaits. The implications for the dollar and US are clear; money printing, hyper-inflation and currency collapse. The end of US dominance and possibly Israel’s very survival is nigh.
@hajiyev_rashad Almost certainly less oil based revenue entering treasury market, they can print to make the difference but as that gathers momentum (and it will) you begin hyper-inflationary currency collapse.
@hajiyev_rashad I think rapidly rising government bond yields combined with oil shock could hit stock markets with monumental decline. In that scenario PMs could easily decline substantially, albeit briefly, before blasting out the other side.
@richimedhurst If/when the Arab nations no longer buy treasuries (as their US bases have been blown up - and security was the deal) then that’s when the real humiliation begins.
@hajiyev_rashad There was a 6 week lag between the last major oil shock (in the 1970’s) and prices of precious metals moving. I suspect this time it will be shorter…
@BRICSinfo It’s becoming an existential crisis for Iran and US/Israel. Who is willing to risk all for change? Suspect we’ll find out within days which will in turn dictate shape of NWO.
@adamtaggart It’s now high stakes poker. Who will blink first? My guess is the US because bombing Iran’s oil infrastructure would manifest as an own goal of epic proportions.
@chrismartenson Yup, pretty sure Iran can and will hang in there to keep Strait of Hormuz closed, oil prices high, economy and dollar vulnerable whilst simultaneously decimating Israel. Patience and planning meets hubris and ego for spectacular finale to old world order.