Inflation and market direction has made the US$ weak against international monies.
Their legacy accounts in foreign banks are taking a hit, as well as some may fall under the current “sanctions”.
If they attempt to move or withdraw, it will show up and their tax-money ponzi scheme will blow-up.
MILINT is watching. And,
We have it all.
Actually right now the US Dollar is running rampant against other currencies. It’s at it’s highest since April of ‘03.
Last time it was above 100 was ‘99-’03. Before that is was in the 1980s. (here’s a chart if you want to see: https://www.marketwatch.com/investing/index/dxy.)
That is not to say the dollar isn’t weaker compared to what it used to be - just that all the other fiat currencies are in even worse shape.
What has been amazing to watch with the current situation is that EVERYTHING except the dollar (which you can’t really trade) and commodities has fallen - stocks, bonds, cryptos, real estate is starting to go, etc. What’s really interesting is that commodities always fall after the recession starts as demand plummets. So I fully expect retracement on all the commodities as the FED crashes this thing and attempts to burn it to the ground. Welcome back to the late 70s/early 80s....only this time there’s much less room to manuever.
What was that Q line??? “Gold will end the FED” or something like that.