Loading ...The Us Dollar seems to have become the last fiat currency standing up; Is it because it used to be the dominant reserve currency over the last century, having nothing more to Export than US Dollars?, or is it a new reality that whatever the US accrued in zirp bonds is just any number of debt, neutralized by the FED, as you can’t owe anything to yourself (Richard Duncan) and Tsy and Fed are joined by the hip.
Louise Yamada, argues from a technical Point of view and sees further growth in the equities and stagnating, or lower PoG and resources. The renewed vigor of the US economy is fuelled – no, not by lower oil Prices – but by extreme advances in Technology.
… And the outcome is – beggar yourself as the neighbor happily exports its junk to the great whale of a mart.
While this may be true, it does not feed the masses, nor do they usually be on a spearhead of new developments and therefor of no conseqence; And even if Apple is building a new car, or a new watch with 2oz’s of Gold – the equation has finally come to fruition … Is it the sovereign states or the most powerful corporations to rule over their coming serfs.
As most of the PM advocates have given in once again to the upper Echelons of their ilk, even some of the most powerful have been seen faltering and regard the momentouos, historical and apocalyptic re-set
it seems for them, that the US, its currency and lastly its power will win the day.
The day of the great “Reckoning” – real assets always trump paper, or now even cyber assets.
Shoot the Messenger – have a real bullet left?
FRR