RE: The dizzying abyss of the US privilege15 Dec 2024 19:06
The US in general appears tro reject AU as an important currency, when in fact it is clear ,itis the only worldwide currency that will survive , as at least it cannot be replicated, unlike Gems ,at least for the forseeable future. So now Trump endorses Bitcoin, Why ? you may ask? Simply a diversion away from Gold. For the US to buy AU , and many will wonder why,with a supposed 8000 tons ? unadited ? in its vaults, the reason is it would add to its deficit . But that is something you must DYOR on, a long and shady history of lending to many,over and over ,giving paper promises they have a right to it. But they will have to start a war to get the physical It would take the focus off the reserve currency ,the US $, and keep the AU price under control. In the end the $ once upon a time had either silver or $ bill promising to pay the bearer in gold, but that is no longer true. The US is a truly bankrupt country , and will not be able to clear its debt without a world war, God help us all.