That said- Now the US is unable to monitor/ track capital flows / transactions of much of the world ….an invaluable tool….note, over 40 countries have now applied for Brics membership - about 65-75 percent of the world’s population. Brics is no longer going to use SWIFT.
Yet another genius move by our brain dead.
A good read.
Please note that Martin Armstrong is a convicted felon who served time in Federal prison for financial fraud, so his articles may deserve additional scrutiny depending on the reader.
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To protect against inflation?..........................😉
Banks in the US alone are holding well over a trillion dollars in mortgages and loans on commercial real estate that now lies empty. Those loans and mortgages cannot be repaid. The Biden cabal US Treasury and their hedge fund friends on Wall Street are doing all they can to forstall the collapse until after november 2024. Gold is the best hedge against this coming catastophre.
Question I have is why are so many gold companies yelling that the money is “no good” and you need to buy gold and silver! And what do they want in exchange for their gold and silver? That very money they say is “no good!”
Note. Between 1880 and 1960 the cost of everything doubled in 80 years. 100% inflation.
Between 1960 and 2024 the cost of everything has skyrocketed. We now have over 900% inflation in 64 years.
What cost $100 in 2020 now costs $120.