Loading ...it appears to me we are in the midst of “sanction wars” and the end result is deflation. Wall Street is hitting oil and nat gas to hurt Putin. Russia and perhaps China and other BRICS are dumping treasuries.
Apparently pm’s are caught in the crossfire and appear to have little value to either side. OR they have major value to the BRICS and Wall Street is hitting them as well.
If this is truly about sanctions and China is involved, then China’s next move should be to try and hit the US stock market.
I’ve said before and I’ll say again. Putting the USD in an index with other western currencies was a stroke of absolute genius by the banksters. The only thing that could topple the USD as reserve currency is the introduction of a commodity based currency.