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Re: did the metals sell off today because...
<< <i>The Solstice is at 6:12 AM EST. Modern calendar dates did not exist when they were carving the stone. >> OK. So 6 am Mexico City time is roughly equivalent to central or mount… (View Post)1 -
Re: Will there be an economic reset, and what do you think an economic/monetary reset would look like?
De-dollarization is also when the BRICS+Saudi Arabia+Venezuela+Egypt+Iran+Turkey start trading in other currencies besides the US Dollar to settle with their non-USA trading partners. The new BRICS i… (View Post)1 -
Re: Financial system collapse (wall-street stocks)......
Lost my "faith in paper" stuff & promises back around 1971 when the gold window was closed and the collectibles' bull market was born. It didn't help any that the stock market was alrea… (View Post)1 -
Re: $49
============== Who was speculative buying oil futures and options in the 2007-2008 mania? The big banks of course. And you can bet those same banks held huge amounts of puts/calls and derivative bets… (View Post)4 -
Re: $49
Bretton Woods still controls since that was when the US Dollar became the primary central bank currency. From 1944 to 1971 backed by gold....until Nixon closed the gold window in 1971. The dollar is … (View Post)1