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:redstar: Spartacus 2y ago

#China is dumping its holdings of #US Treasury bonds and reinvest in #Gold.

So does #saudiarabia

#Japan is doing the same, but for completely different reasons.

However, the result remains the same.

The dollar is under unbearable pressure and with the US economy in bad shape, disaster is inevitable.

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a source familiar with the matter 2y ago

I think Euro, Yen and maybe Pound are dying even before the Dollar (really Federal Reserve Note).

But the Treasury is under pressure and likely to play a major role in blowing up the fiat financial system.