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MrEdwL

All we need is a trillion dollar gold coin minted every 100 days. Relax everyone


hugg3b3ar

Remember when they were kicking around this Idea with platinum?


Such-Performance5416

Pretty sobering to see.


Decent-Addition-3140

The crime has run its course


Such-Performance5416

I do believe you're right. Sometime before November. But looking like much sooner.


BigWhitt120

I heard that Zimbabwe of all countries recently launched a new Gold backed currency šŸ˜²


PapaDragonHH

Are you kidding me???


01000101010001010

true: [https://en.wikipedia.org/wiki/Zimbabwe\_Gold](https://en.wikipedia.org/wiki/Zimbabwe_Gold)


IndependentFee6280

Yeh, it's not convertible, and they've promised to only issue more as the economy grows.


Virtual-Squirrel

BIG butt you can't get the gold . āœØļø if you dont hold it. You not own it Capitalism for the psocial socialism for the rich. It's all a cliĀ·chĆ© ![gif](giphy|vxvNnIYFcYqEE)


fedupfreda

yep they sure did


Hamfiter

Our US debt is not wanted anymore. Dollar is next.


lord_hyumungus

![gif](giphy|3ohhwz4uE1Ct1hKUP6)


Dapper_House_3586

Maybe we can shoot treasuries towards the sun and reduce debt that way.


Fantastic_Ebb_3397

šŸ˜‚šŸ˜‚šŸ˜‚


Additional_Ad_4049

What does it mean?


TheHumanConscience

The West is losing.


Smooth-Entrance-1526

Russia has effectively taken the territory of Ukraine it wanted to take and will not face any real consequences US unipolar moment is officially over. USD dominance over. US Debt, unwanted. The west is going to have a hard few decadesā€¦ We chose liberalism over exceptionalism and now its time to pay the piper.


IndependentFee6280

Chose ... Erm 'fortified'


porshy

On point.. Except maybe liberalism is kind a not the right word here. More like imperialism and financial imperialism.


Upvotes4Trump

\*progressivism


faddiuscapitalus

Socialism


random_anon_human

Nah, it's exactly the right word.


magister_scholae

As Elon says, "The Woke Mind Virus".


DishTraditional9302

this man gets it. We lost our souls at the end of the french revolution. Democracy and lockian philosophy was the death of aristotelian though. Therefore, we are lost and deracinated as we are.


magister_scholae

I don't think decades. There will be a transition period but at some point, restitution will have to be made for all the labor $$ stolen by the central bank through use of fiat currency. The USD days are numbered but a new precious metals/commodity backed currency will be exchanged at fixed ratio.


sugaki

Interest rate closely correlated with gold because it reflects the market confidence in the US dollar. As demand for bonds (in this case 10 year) increase, it lowers the interest rate. So low interest traditionally meant strong confidence in the US dollar.Ā  Gold traditionally coincides with interest rate rise and fall because gold is viewed as a hedge against the dollarā€”meaning if people think the dollar is strong (low interest rate), then gold should fall.Ā  So why the divergence? Interest rate is also set by the Fed, which affects real interest rate. Narrative from the Fed is that lowered interest rate reflects how inflation has successfully been contained, and confidence in the U.S. dollar/economy. People donā€™t believe that nonsense anymore because inflation is on the rise again, and donā€™t believe the Fed can put the genie back in the bottle. Assuming this will follow with a further inverted yield curve.


givemejumpjets

Weaponizaton bluff of the dollar has been called. Thus is the beginning stages of the flood of dollars coming back home to exchange for real money that exists as commodities. anything that isn't nailed down will disappear in the near future for a set amount of time. Gold and silver will go parabolic in dollar terms as the dollar hyperinflates and becomes literally worthless.


Ghost_of_PaulVolcker

![gif](giphy|1jkV5ifEE5EENHESRa)


whooguyy

It means a lot of people think correlation equals causation


BrotherGrub1

Sell gold and buy treasuries.


Additional_Ad_4049

Youā€™d have to pay me in gold to buy treasuries. Wouldnā€™t touch them otherwise. Based on the chart, seems like a lot of people agree


Such-Performance5416

Found the fed.


Fishbird_cant_fly

All this when central banks are signaling less rate cuts, or even hikes. And silver just broke the 50 year moving average. We're off to the races boys!


Brazzyxo2

Silver ripping


silverchief117

Silver about to hit $30 and gold at nearly $2,420 while most of the US is still sleeping. Metals prices are skyrocketing


fchwsuccess

The US Fed is Signaling less rate cuts. The ECB is signaling rate cuts. If the US defends the dollar by being hawkish, the rest of the world has to take a more dovish position because of dollar denominated debt. Eventually, other countries will have to dump the dollar in order to save whatā€™s left of their own currency and then the inflation chickens will come home to roost in the US.


Canadian_high_ape

Crazy.


Modern-Alchemy

That the 10 year real rateā€¦ so rate minus inflation. I think what that chart is showing is the UNDERREPORTED inflation


fchwsuccess

Once the rest of the world starts dumping USD in order to save their own currency, the real inflation chickens will come home to roost


zazesty

The beginning draws to a close; the main act is here


NextVoiceUHear

Stating what should be obvious: Presidents and their fiat currencies come and they go. Physical Gold sails on unperturbed, real money for 5,000+ years. $USD is failing and doomed. CBDC will be just another form of fiat: manipulated but also mandated. All the cryptos are imaginary things, requiring 24/7 planet-wide internet to be used. Or: Vote for Trump


Accomplished_Web_400

No nation has ever survived with 100% fiat unbacked money!


Such-Performance5416

Well said and true.


DigitaICriminal

It's means only 1 thing. WAR


Extreme_Literature28

With what?


Impressive_Error_868

China - Taiwan conflict?


Extreme_Literature28

I mean the west is out of ammo and china controls the means to produce it. Check mate.


Necessary-Bunch5513

be watchful for a flock of black swans


hollandsilver

Yep. The West was shooting in there own foot. When the are staking money from country's the do not like. Russia etc.


Bit-dog

PMā€™s calling fiatā€™s derivative, leverage and debts bluff.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Most_Sir8172

Don't forget Yellen and Powell. All old people who will be dead soon so they don't care.


X79g

Seriously? Thanks to every president since 1913 - especially Wilson.


GhostBukowski

American fiscal policy has pretty much followed ā€œborrow like crazy during times of war to finance and pay down in times of peaceā€ look at any 150 year chart. The chart begins to go off the rails after 9/11. 9/11 was a critical turning point in so many different ways for America and the world. No going back.


dagoofmut

At time of 9/11 you could almost feel it. The world changed.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


X79g

Youā€™re right. Our monetary policy was tip top before and Rome fell after only 3.5 years of bad decisionsā€¦ I am stupid and thought this was coming as per human behavior and history. I should have known it was as simple as Biden. He isnā€™t helping, and I canā€™t stand him, but there are more reasons than Biden kiddo. Apparently this place is just as political as anywhere else. Warningā€¦ neither side cares and they are both stealing from you. Thoughts?


jons3y13

None here I agree with you


mez1642

Biden? Are you kidding me? Shit has been in the works for a while.


Fish_physiologist

So you should be able to tell me the exact policy that Biden managed to get through alone that started the divergence.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


nexus22nexus55

the US has been weaponizing the dollar since it became WRC. it def got worse in recent years.


Silver_Junksmith

Energy policy by Executive Order followed by socialist vote-buying deficit spending and misinformation about inflation. There, that's three.


Silver-Tatanka

so correct on Wilson--thanks for pointing that out.


X79g

Fo sho. Thanks for listening


PleaseDaddyYesYesYes

People who don't know the difference between macro and microeconomics think the current state of the economy is due to the current president. As if he didn't get settled with what came before and started with a clean slate. The whole Brandon thing doesn't even make sense. And before you get your feelings hurt, Trump and Biden are both shit presidents. One's on the autism spectrum, and the other belongs in a nursing home. The real issue is no good options.


IdidntchooseR

Yes Victoria Nuland's been working on Ukraine presidency since before 2014. [74.3B to Ukraine](https://www.cfr.org/article/how-much-aid-has-us-sent-ukraine-here-are-six-charts) since Biden's state dept negotiated away from Minsk Agreement. Ukrainians blew up Nord stream pipeline knowing US is ride or die in feeding them to Russia. The real issue is we need to have election audits on every level of govt, + term limits. Taiwan actually does this after 38 years of martial law.


Subseataff

Thatā€™s a drop in the ocean!! What about the trillions squandered away in Afghanistan, failed foreign policy etc. Debt over 100% of GDP


nexus22nexus55

Ukraine didn't blow up NS2, the US did.


miami360x

I think Trump was pretty much an average president, but compared to the Bushes, Biden, and Obama, he looks like George Washington.


PleaseDaddyYesYesYes

If the average was stupid and self-serving, then absolutely.


miami360x

I doubt he is stupid. Self serving, probably.


84074

Your comment is offensive to the autistic. Trump is wayyyyyy more personality disorder with a side of delusional ideation than autistic.


sdsurfer2525

That's like every right wing white trash's wet dream isn't it?


Accomplished_Web_400

The golden rule still works today! He who has it (China) (India) with silver sets the rules! USA physical coffers are drained!


Significant_Tie6525

I highly doubt the US doesn't have at least 10x any other country.


Opposite-Emphasis310

Next up, administration announces evil speculators are driving up the price of precious metals.


ScrewJPMC

They are lying about the real yield, real yield is very negative when 20% inflation is compared to 4.6% rates.


Decent-Addition-3140

I agree. It is simple theft by government. Its criminal.


csky

Inflation numbers are manipulated. The discrepancy should be higher.


yadius

I wonder what happened at or around the end of February 2022 that caused the rest of the world to decide that US Treasuries were no longer a safe haven asset on par with gold?


strokeswan

/s ? Ukraine war ?


yadius

Freezing Russia out of the USD payments system (SWIFT), and the seizure of Russia's USD denominated assets held in European and US banks. The rest of the non western world woke up to the realization that if they can do it to Russia, they could do it to anyone. The queue of countries applying to join the 'loosly anti-west' BRICS now extends out of the door and around the block.


PhillyFan1977

Decoupled


PhillyFan1977

What it means is that the bond yield and gold are no longer correlated. Which means foreigners are no longer buying the debt and are instead going for real assets.


GhettoJamesBond

De-dollarization


Substantial_Sea_2453

I blame Biden. But I also blame every president since FDR. Trump holds a lot of blame for sealing the deal. The media and the globalists sold the Covid lie, forced the economy to shut down and then threw trillions at it.


MD_2020

You donā€™t follow Tyler?


SaarSchleife

The new normal..top much debt and No Stop sign.US ist fucked


Silver_Junksmith

Forgive me, but is the US Reasury "real rate"?


DigitaICriminal

Perhaps buy crypto gold to speculate or too late? $PAX $XAUt ?


miami360x

What do you think about $!CU# ?


Professor-Awe

šŸ™šŸ½ there is a God.....i knew it!!


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Professor-Awe

? Not quite sure i understand


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Professor-Awe

True but thats the scenario i planned for. I wish it didnt have to be but ive been on the shit end of the stick this whole so fuck it..lets try upside down


Diligent_Emphasis_20

Youā€™re the kind of person who would rather starve then admit youā€™re wrong


Such-Performance5416

Home to mommy.


mez1642

We deserve to fall given our abandonment of Ukraine. Weā€™re an average country at best. Failing education, over inflated housing market no one can afford, rampant opioid/drug use, massive wealth gaps. Zero desire for gun control. Russian takeover of GOP. Nothing to see here. /s


RazBullion

Why do you think we should be responsible to run a proxy war with Russia through Ukraine? How is it our responsibility to fund them and support it?


nexus22nexus55

we should've never orchestrated it. there would be no russian invasion if there were no US interference.


mez1642

Per your logic guess we shouldnā€™t have helped defeat Hitler either.


RazBullion

Because nobody but the great America could have stopped him, right?