Precious metals offer intrinsic value, stability during economic uncertainty, and diversification benefits, no doubt, but why choose that when the economy is riding on new corporate growths and breakthroughs? I wouldn't be putting capital to buy silver and gold if my stock portfolio can give me a 40% ROI.
I agree. But you know not everybody has that expertise to choose the right stocks. Some may not choose good stocks, and you know that could be as bad as anything, except of course they hire a good financial advisor.
Then hire a financial advisor? The logic is literally self explanatory. How do I make five figures from the market monthly passively? You think I have a PhD in economics or whatever degree you need to invest?
Yes, but you do agree the amount of information on the internet can be overwhelming? Now we are talking about that, maybe you could recommend who you work with? I've put that off for too long.
“REBECCA NOBLETT ROBERTS” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
US shouldn't be complaining about China dumping their bonds. After all they were the ones that were originally whining about China being their 'biggest creditor' and even threatening to 'cancel' the bonds because of covid.
The US is also threatening to seize Russian assets held in Europe. No country should hold western assets or assets in the west unless they want it stolen.
It's not just USA printing money. It's the whole world printing money. Additionally, you have "criminal" both large and small operations printing fake money all over the world. In Lima, every street corner theres a house, aparment or business who has a printing operation making fake money. The world is figuring out money is a big scam. People are doing what gov's are doing by printing fake valueless money.
When I noticed the US’s propagabda machines were spreading lies about the so-called “China’s debt traps” I knew right away the US was basically accusing China of the things that it does around the world because I knew it was the US that was the one setting up poor countries all over the world into debts that they would never be able to pay off with its IMF system! So when the US accused China of violating human rights of the Uyghurs I knew the US was basically projecting its own crimes onto China since it was the US that stole land from the Native Americans to give to the oil and gas companies so that they could build oil and gas pipelines on native people’s land. Thousands of indigenous Americans are still sitting in prison and jails right now because they protested against the thefts of their land and the destructions of their homes by the US government when the US government sent the national guards to beat them up and to break up their protests! To this day thousands of those native people are still in prison and jails because they can’t afford to pay those $150,000 to $200,000 bonds that were ordered by those shady white judges that are connected to the US government, which means they would likely be in jails and prison for years and years without ever getting their day in court! Those are the sorts of dirty stuff that the US is doing but yet has the gall to accuse China of doing!
china finally proving that US capitalism doesnt work... the only reason it worked was cos america constantly sabotaged communist and socialist nations and cos it constantly stole other nations wealth... it took 80 years for the world to wake up to these mafiosos
@@jessicayoung1190 my love check again, Russia just called in military alliances with members of BRICs for no real reason so he want to be like NATO at the same time friends with a person in Ukraine who appearing to have "peace talks" with them to get NATO tanks for free who also friends with Trump and Biden so this ish all planned to make it seem like West bad but they all buddies
@@jessicayoung1190 but they are trying to be. They trying to make West look bad when they all buddies. If Russia friends with person doing "peace talks" in Ukraine at same time NATO tanks ending up in Russia what that tell you if USA shaking the same hand
@@jessicayoung1190 but they are trying to be. They trying to make West look bad when they all buddies. If Russia friends with person doing "peace talks" in Ukraine at same time NATO tanks ending up in Russia what that tell you?
I've lived in America and Canada. Paid about the same in taxes but get way more for my taxes in Canada. Most Americans hate the government (hate giving them their money even more) because they've never experienced good governance.
I honestly think America needs a completely restructure of their political system. It is just not working. Trump and Biden being elected out of 300 million people to run the country is evidence for that too.
It's good you make your own research. and make sure whoever you work with is licensed n verifiable with a repute, this Sonya looks the part but i'd do my due diligence. I set up a call, thanks.
@@PennyBergeron-os4chthe system is actually good for representation. But corruption, bribery has taken over. Both reagan and Clinton quietly hot rid of sntmonopoly laws, and at any time they can outlaw the obvious: lobbyists and campaign funding directly to congressmen. The constitution is stellar and the 3 tiered system is great, but in 1913 one bribed president from the bank of London made the federal reserve the bank for the US. Nobody ever could figure out why a country would pay an outsider to print its money, but it was never changed. The main opponents to it in Congress died on the Titanic . And it was Abraham Lincoln that began the lawlessness to empower the federal government. He broke about every civil right in the constitution to do it to. You should read ip on the scam artist. A lawyer. I guess no system is infallible , but its corruption and bribery that has ruined the US and it could easily be corrected. But of course Congress doesnt want those laws back, nor the ones intact, enforced.
The current administration in the US shows the world just how corrupt it is. A lesson to us all that we can no longer trust this country until it gets its house in order.
The American Financial System has been a shell game (with no Peanut) since it left the Gold Standard. Bottom line.......the American Dream is a LIE and always was for those of us that have to work for what we get!
@@KAITH_007 Dedolarisation will show up first in a drop in asset valuations [stock market and real estate] The initial drop will create problems for the average American but it will tend to stablize their life there after. I got this from listening to another video by our emphatic friend Norton.
@@mohdhatarobani8536 If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough. Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x. The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer. Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays. When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
They have already abused the printing and they know they can't stop it because their economy depends on it. It's like someone keep applying for credit cards and then using it up and then applying for another one and keep repeating just for their survival. And they know they can't pay back. That is America financial system in a nutshell. They're basically running a fraudulent financial pyramid scheme that depends on others to survive. If every country withdrawal from US bonds, they're dead. So, this is a classic pyramid scheme, all the players must participate and be a part of the pyramid. IF they all withdraw from the game, the pyramid will crash. China is withdrawing.
@@notgonnadoit32 The US will be as relevant as Canada and Mexico. The petrodollar has died and there are new payment processors for cross border trade so there is no need for dollars.
And Afghanis are welcoming Chinese investment , mostly from private investors. Desolate places that look like piles of rock and sand, just about two years ago, as of now look like sprawling mini enclaves with buildings and road. I remember an Al Jhazeera documentary about a Chinese businessman saying , ….”here we will have housing , there factories and obverse there a school building. “. This right after the stationed American forces lift off from the country. One would think that man was on drugs. But then , low and behold , two years passed by, and the city he envisioned is up and running. The interesting hidden fact is …. When the Congress approved for weapons so Afghanis could fight the USSR , the US Government tied the aid to sending US survey team to Afghanistan. They found plenty under those piles of rocks. Hence the “ fight the Taliban and hunt for Osama “. They did a great favor to the Chinese who realized the country’s underground riches. Like a scorned lover who turns to the next man available , the Afghanis turned to the Chinese.
@@surotto4321 Typical westerner. Never heard of the CCP stealing wealth from another nation because they were soundly defeated. But I'm sure you can dispel my ignorance of this. 🤡
With the rise of China and Russia, they are no longer helpless. Even small African countries like Chad, Niger, Mali and Burkina Faso could stand up to the West although they know they risked, being coup.
China used to be one of those Countries until America allowed them to open and stock (with their own Cheap goods) 99cents Stores about 30yrs ago in the U.S.
@@forsale313 If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough. Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x. The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer. Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays. When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
It's is the rule that was applied on impotent arab countries in 1976 . If they deviate USA ll attack in the name of weapos of mass destruction or human rights , etc. Iraq Libya destruction was done due to the same reasons. There were no weapons of mass destruction in Iraq Libya wanted to trade in gold so it was destroyed by the massive American military system .
The oil from Africa right? So Africans making them rich after building infrastructure there and then only then making the West look bad ..... I'm just trying to since why you promoting slave traders who have been known to pay groups to harrass aficans, link with china for oil deals having divested your own, and then pump up a currency that ain't yours.....
The BRICS are buying gold like no tomorrow.. Anyone noticed that no nations has parked their money into US treasury since January 2022, the world's safest and most liquid market since WW2. This speaks volumes towards de-dollarization.
US and Europe have been fkd already, we have no industries, we depend on others for manufacturing, rae materials.. everything! But many can't even realise m, but the moment the doIIar hegemony ends the sht will blow up in our facea
Canada as well. " The government of Canada has wound down its gold reserves to basically nothing after a multi-year strategy of selling them off in favour of hoarding other countries' currencies instead." I believe Canada is the seventh on the list of holding US treasury. That was a dumb more by Justin Trudeau to sell what is left of the gold reserve. " Ottawa sells off almost all its gold reserves, leaving just 77 ounces - or less "
I live in the US, and it will very likely negatively affect me, but - I love me some good news with my morning coffee. The US is like a teenage bully, who's been getting away with stuff for too long. Time for the adults in this world to teach US a lesson.
@@psxtuneservice What like actual gold and have to deal with the significant costs of storing & securing it or phantom paper gold which will disappear the second you try to claim the real deal?
As someone who lives in South East Asia and have interacted with Americans, I can definitely tell you that USA is likely to face economic oblivion in pursuing its desire for continued global domination. The level of hubris of American govt is beyond belief. I honestly think USA has nothing left to offer. I would'nt even visit the US, a banana republic masquerading as a "First World country", much less do business with them seeing how they can just confiscate your money. South East Asia, including the Malay Archipelago, have centuries-long history of trade and commerce, even cultural exchanges with ancient China, which continues up till this day. We will not let a bully coerce us into cutting ties with an old friend whom we know so well and for so long.
I was in Chiangmai Thailand for 6.5 yrs. When asked where I was from I just said I hold a U.S. pp. just moved back to US but the only thing 😢that would make return is the economy Living in the Us is too intense & complicated Not sure I can adjust
Can't even visit & travel to the US easily as Asians, because their Visa is infamous for being so random & hard to get. Meanwhile the US want to walk into Asia freely. While they're acting like sitting on high horses, China has been making it easier & easier for people to visit.
@@ChrisPatrick-q6k How is it BS? US puts tight controls over how US dollars can be spent and has a history of seizing foreign reserves. You don't want to dump a ton of treasuries all at once because you won't get a good deal, but purely from a strategic perspective US treasuries have substantial risk if your policy (as a sovereign nation) deviates from US policy. Seizure of reserves kept in US accounts happened with Afghanistan, I believe with Venezuela (although that may have been the UK at the US's request... need to google it), is desired with Russia, and at one point led to the incarceration of a Xuawei executive (spending US dollars in a non-permitted manner). Try to be less emotional, fooling yourself and ignoring history isn't actually good for your nation, even if some people in DC think it is. It only encourages bad policy.
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on Etfs and actively managed funds. I am up by 418% in 1 year under guidance.
No Petro dollar the US Dollar is finished. Iraq. Iran. Russia. Soudi Arabia are taking Chinese yuan and other currency for oil. Instead of US dollars 😮
@@fannyalbi9040 China is buying oil from Russia. Iran. Iraq. Soudi Arabia payment in Chinese yuan Not USA dollars. China trade with Brazil in Chinese yuan. In return Brazil is buying Chinese goods with the Chinese yuan. NO dollars Needed
@@seadoomania it doesn't have to be fast because China still has 850 Billion US government bonds and if it's fast USA will Not pay back the borowed Money from China. It's slow until China get rid of the US Dollar.
Yellen wasted her frequent flyer miles going to China to scoll Her about Her powerful economy ; now, China has dumped us currency. She [ Yellen ] must have flunked international diplomacy.
She boosted the tourism industry for China- she enjoyed beer and good cantonese dim sum- her next trip- see pandas and go Xinjiang to enjoy the culture and music, tang dynasty at xian, muslim culture in Ningxia, climb the Great Wall and visit the Forbidden palace
I'm from New Zealand, our government has been in less than a year. We just joined Aucas, an alliance against our biggest trading partner 🤔🤔🤔. We've had a free trade agreement for nearly 20 years 🤔🤔🤔. None of our mates in the alliance want a free trade agreement with us🤔🤔🤔 All the bad accusations against China our allies are guilt of "or worse"🤔🤔🤔
Another great report Ben. Yes Di Dongsheng (翟东升) is a much credited Chinese intellectual specialised in US and Chinese economy. There has also been internal talks among other experts advising the Chinese government to reduce US debt holdings. And there has been no promises from China to buy more US debts so far, because it makes no sense to bail out the US while China is being threatened with further economic/tech sanctions on top of the existing unilateral sanctions violating WTO rules.
People aren't nation states. Unlike you. China has a literal industrial use for gold and silver. If you want to invest like China. Buy Chinese government bonds.
Govt by People's Referenda: Peaceful Occupation of our Capitals until it's installed, or run Mascot Candidates Single Issue Referendums with thresholds and a social contract means Communities can vote their own laws. A Public Authority can audit police and prosecute bad cops in our own courts. Nationalise resources and give Indigenous peoples the right of Sovereignty over them as Guardians. This can be achieved through a General Strike or Velvet Revolution, much like the Occupy movement, peacefully occupying State Buildings until a People's Mandate can be implemented. With the appropriate checks and balances, you could have a national digital forum where qualified professionals can debate the issues in a public setting without all the disinformation and bad faith antics, hatespeech etc. Any vote would need to pass the 70% threshold, with a veto or _rewrite_ vote needing 30%. The issues would be debated, the public educated, and then a vote taken. Votes that fail will have to wait a year before trying again. Any new proposal (Citizen Initiated Referendum) would have to reach a threshold of support before it made it onto the register. This would be subject to a Social Contract (New Constitution) that forbids human rights abuses and discrimination. That can be written in the same manner based on the core principles we all share. Councils and Boards could operate in the same fashion at Scale. It works in a way that obligates people to better educate themselves ( that is to use logic and evidence in their reasoning ) for a better understanding of the issues, and then take collective responsibility for the outcomes. As opposed to the divisive US v them scapegoating and bi-partisan finger pointing the current Capitalist Pyramid Scheme runs on. We need Government by People's Referenda, either through Mascot Candidates or Peaceful Occupation of the Capitals until one is established. Make it an annual event on Oct 14
@@Praisethesunson Yes that is true that China has industrial use for Gold & Silver (more so silver). But Gold & Silver are known as real money & have been for thousands of years. All fiat currencies devalue against Gold & Silver and eventually go to 0. Investing in Gold & Silver is a way to protect yourself against inflation(aka devaluation of your currency). That's why lots of the Chinese public are also investing in Gold & have been encouraged to do so by their Government.
Sorry, Iranian but you never see a new BRICS currency ever. You forget Iranian that the Euro when first came out was used by terrorist and gangster to buy guns. The Euro was used to buy illegal drugs such as "heroin" and "Cocaine". It used b pimp to sell women and online pornagraphy. You will not see BRICS currency ever. You will be restricted Iranian to only Iranian currency only so that hardliners like Ebrahim Raisi can control you. If was up the the hardliners of Iran they would put a camera in your bedroom to make sure you not doing anything unnatural.
@@johnyan836 Right now? They will choose USD of course. In next ten years? Who knows... Poblem is that even US treasury admits that USD real cost is less than cost of a paper it's printed on. Right now USD is backed only by US army and it's nuclear potential. Because US mostly is a country of digital goods, while most of other countries are produce real commodities, real treasures. Personally me, if given choice, i'd preffer neither USD nor Yuans, i'd preffer precious metals, like Gold, SIlver, Platinum etc. These are rock solid currencies, which existed before and will exist after any other fiat toilet papers ^_^
@@Ashen2501 Unless US military suffers a severe defeat by the Chinese military. Otherwise, USA still prints paper and the world will bring gold to exchange whatever the paper prints.
@@johnyan836 countries are not picking US because they want too, they have too, and that creates a lot of mistrust. Now that China is in the picture US will drown own its own threatening behavior and waging wars and indirectly starting wars, on top, weaponizing the dollar. You think the world don't see this? It's a matter in time US will pay for all their wrong doings.
@@johnyan836 Not the point why people are stopping to use dollar. Countries are afraid to lose all their efforts just because USA doesn't like you... Example: why tf Cuba can't do much international trades? According to USA because there they don't have "freedom" (it's the real excuse, seriously, see the USA saying that in 2023 in the UN reunion), but why Qatar can trade with US dollars when they literally have slaves? Cuba can't trade internationally because USA doesn't like Cuba, simple as that. See how is that dangerous? Now, for example, my country (Brazil) have a lot of lithium, so Tesla are interested, but for us it is economically better trade with BYD, what if USA government see this as "they prefer to trade with China, so they're against us 😠" and just ban Brazil from using US dollars... And then our economy just get worse and worse because we can't trade with other countries, like they did with Cuba... HOW THE FUCK DO WE TRUST DOLLAR? They literally can say "yeah, I don't like you anymore, so that's -5 billion dollars and you can't trade anymore lol". We (in development countries) NEED stop using dollars, USA it's not the judge of the world. It's that simple.
One of the biggest atrocities on freedom of speech has been happening with the young adults in the college across America free Julian Assange before it's too late to free ourselves world press Freedom Day was yesterday and nobody came to free Julian Assange what a crying shame
There was never "freedom of speech" in the US . As old prof Richard wolf says, he remembers even Vietnam War protesters got beat up and jailed. Same for the "occupy wall st" protesters a decade ago.
@@tiberio1352That's because your English is low level. You talk about punctuation marks and can't place them into his cooment to understand what is being said. SMH 🙄
It's critical to diversify away from assets heavily tied to the dollar. Precious metals like gold, and commodities like oil, could provide a hedge against this trend.
My advisor suggested increasing my exposure to gold and other metals. Over the past year, this strategy has helped stabilize my portfolio amidst the growing trend of de-dollarization.
@@SarahBourne-w2b If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough. Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x. The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer. Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays. When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
ALL COUNTRIES MUST REFUSE THE US DOLLAR AND DEMAND TO BE PAID IN A CURRENCY CONVERTIBLE INTO GOLD, OR IN GOLD DIRECTLY. THE US DOLLAR IS NOW WORTHLESS AND US DEBT MAKES IT A CURRENCY THAT IS BEING DEVALUATED MORE AND MORE EVERY DAY.
Gold is good, and usefull......if things go southwards to a certain degree. But if things go totally southwards, gold won`t tell you how to purify water, you won`t be able to eat it, or plant crops on it, and it will not defend you (unless you throw it at somebodys head)......and nobody will want it or give you something in exchange...... It is as simply as to avoid putting all your eggs into the same basket......just in case......
@@jorgebarriosmur I agree with you. What humans cannot survive without is air, food and water. Warm clothing for those living in cold areas. Skills and knowledge are definitely more useful than money and gold in a totally south situation.
Gold ewwwww, Too heavy... I wonder if there is a digital solution hmm... Perhaps a digital gold that no one can control or take away from you. Dang I wish we had something like that.
All those countries that are not favoured by USA and are rich in resources should gather together and de dollarise. I m very sure that these countries will move forward and progress faster.
@@OmarOsman98 China is estimated to have over 20,000 tonnes of gold compared to U.S. 8,000 odd tonnes. Only 1 of these countries would be capable of backing there currency with gold....
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@@susanpetropoulos1039 No joke. It is called LNG and the US is making loads of money from the not so bright Europeans after the US bombed the Nerd Stream pipelines.😂
@@DCRelaxingrainsoundsleep54 yes it is a must. Why? Using the USD is making yourself poorer. For example in Indonesia (not my country) in 1997, 1 USD = Rp 2,000. When Soros came, 1 USD = Rp 16,800. Thus Indonesians wealth were discounted Rp 16.800/Rp 2,000 = 7x overnight. Meaning Indonesians were being poorer 7x before a night Soros came and manipulated USD. In Venezuela is more extreme. Again Venezuela is not my country. Last year, 2023, 1 USD = 2,722 Bolivars, Now 1 USD = 31 million bolivars. Using dollars just make the rest of the world poorer. So the best way to make your family poorer is by stay away from the trouble makers. Don't buy oil from countries who sell it in USD. If your country does, it just makes the rest of the world poorer and the USA hegemony lives forever.
In the Western world's it's legal to steal money to feed their neocolonial systems! The 5 eye countries and Europe work in unison to justify their neocolonial atrocities locally and abroad, abusing that US dollar to hold the world hostage!
As a US Citizen, I have been preparing for the worst here. Most people I know pretend like everything is fine, despite record inflation and the dollar being devalued 25% in just the last 3 years alone. I’m doing what the central banks and BRICS nations are doing. I’m also prepping and getting out of the USD.
I need a few documents to open up a Mexican bank account, I'll transfer my money over to my Mexican bank account. And when it gets bad, I'll move to remote México.
@@ELPrimoRuben-wi2lknot a bad idea. I’m gonna stay in the US and weather the storm. Not a bad idea to have that option to get out of the country though.
@@ELPrimoRuben-wi2lkUse XOOM to transfer from Bank to Bank and don't tell anyone....I did so and moved the hell outta that country ....if you don't move fast skyrocketing inflation is gonna leave you pennyless.
@@joshuakelleher-bw5dg never judge a country of its GDP. judge a country to its purchasing parody power. If you can live comfortably in a country you can do it in any of the non western countries. Westerners and their greed would only lead to ruin.
This is probably the single best video I've seen on de-dollarization. Well-researched and logical. Many other videos on the subject have the additional agenda of shilling for cryptocurrency or gold. Well done.
With the way the US acting more and more like a belligerent punk all the time soon the US will become a homeless hobo holding a basket begging for pocket change!
yup and the world should start buying oil from countries who sell it in currencies other than the USD. Buying oil in USD just make your family poorer faster overnight.
Your videos were great!! I'm one of your viewers and have been watching your videos lately. I would like to invest, but I still can't find the right investment to commit to. I will appreciate any help here.
If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough. Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x. The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer. Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays. When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
My country in Africa too last year talked with the gulf nations to buy oil in our currency and not the dollar for a period of time... And west Africa has started blocking sales of important minerals the west needs especially France so goodluck to these countries.This is promising
The world should stand behind China and Russia against the USA as now the USA export its inflation world wide. How? Do exactly what the world does to Europe, never sell cheap to the USA, never trade with the USA, never buys the USA products and use swap currency for trading. To import the world can use the cheapest world currencies such as Yen and for investments can use the world most expensive ones such as Euro if swap currency is impossible.
Based. Preserve your treasure in MATERIAL items that don't lose value instead of a piece of paper backed by literally nothing. Imagine Venezuela's hyperinflation, you couldn't do anything, but if you had just a few grams of gold worth a few hundred or thousand dollars you would live like a king in such a situation. There was a time when $1 worth of dollar could buy you about THOUSANDS of trucks of fuel... imagine what you would be capable of with a few hundred in gold, or even thousands from simple jewelry. Hoarding MATERIAL, tangible materials that have kept the world alive for millennia is so smart instead of relying on a piece of paper. Have you seen precious metals and minerals falling in value because of a bad policy or something like that? I didn't.
Diversification of international trade and investments. Much of China’s global trade volume is geared towards fellow developing nations and emerging economies since the 2000s.
The world should stand behind China and Russia against the USA as now the USA export its inflation world wide. How? Do exactly what the world does to Europe, never sell cheap to the USA, never trade with the USA, never buys the USA products and use swap currency for trading. To import the world can use the cheapest world currencies such as Yen and for investments can use the world most expensive ones such as Euro if swap currency is impossible.
@@MSDGroup-ez6zkAfter what the CCG does to Philippine Coast Guard and Fishermen vessels…not a chance. Building military islands on a territory that is not theirs. Not a chance. Blocking Filipino Fishermen from fishing to seas that they have for years. Not a chance.
USA can disappear overnight. How? Its strengths are its weakness. The USD is the USA strength today. So if no one uses USD anymore, it will drop. So buy oil from countries that sell it without USD. This applies to any goods. If the USA embargoes your country, freeze its allies assets. If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough. Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x. The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer. Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays. When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
Just imagine that one third of the Global Population, drops the USD. And America having a 34.6 Trillion USD Debt. America won't be able to pay Interest on their debt . I don't know how you can't see it ?!? The American Hegemony is having the last spazam's, trying to start new Wars to try to keep their Hegemony. America is Done !!!! New Era is coming !!!! BRICS+ , this is The End for the Unipolar Hegemony :-)))))
Colombia,Venezuela,Pakistan, Nigeria, Indonesia and Kazakhstan applied to joining BRICS. Also many more countries are going de-dollarization and for brics backed by gold or precious metals currency! Most Latin America is already planning in to apply for the BRICS.
BRICS have asked Mexico to join personally. Especially Russian and China were open about it. Mexico holds a especial place next to US and Mexico being a major trader for US, BRICS wants Mexico. This means Mexico might be influenced to drop the dollar and that could be the beginning of US death.
Who could have guessed that customers (of securities) didn't like having promises broken, sanctioned for doing too well and getting slandered. Its definitely the customer's fault
Yes, we are now living in a society where the customer is treated like he/she doesn't matter. Now I realize that the message, as usual, comes directly from the top.
@@DCRelaxingrainsoundsleep54 The word you are looking for is sovereign, and that is the opposite goal of China: They would make vassal states of everyone they deal with, you need only look at the terms and conditions of the Belt and Road initiative to see that they want ownership of everything they build.
@@3vil3lvis china not kill anyone. china believe in equal opportunity to all country not like america. we see american hypocrisy in last 20 years. world power is changed. in resent time we see world power is not single polar world power is multi polar
They won't become poor from dedollarization, they will go broke from stupid genocidal wars and sanctions in middle east, Asia, eastern europe and Africa. The dollar will just become like every other currency of any other countries.
@@DCRelaxingrainsoundsleep54 If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough. Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x. The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer. Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays. When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
@@Wirmish"Why should God do anything and rob from us the glory that is our right to take with our own free will" -Niccolo Machiavelli, also known as the father of modern political theory.
The world is getting wise now. Can America still print money? The sign is in every street of America. The homelessness, rising crimes....unemployment...border security...sign the country in deterioration.
Crooked Trump gave a speech three months ago in which he was bragging about he would have gotten free oil from Venezuela and Iraq instead of having to pay for it if he were the president right now! Meaning he would have simply invade Venezuela as well as Iraq again to steal their oil instead of paying for it! So I don’t know what sort of peace that he was trying to create that you’re talking about! You Magaheads sure know how to lie for your orange god!
@@RosaMark-v3h the stupid is why the world is happy when the USA has made them poorer through petrodollar? Why can't it by oil from countries who dont sell oil in the USD such as Russia? If your buying is not urgent, your country can buy when petrodollar is over called manipulating USD demand. This petrodollar cannot stand over 1 year or 2 years in history. Thus waiting will make the demand of the USD dropped as no one wants to use the USD anymore. If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough. Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x. The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer. Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays. When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
USA can still survive because it’s unlikely EU and G7 countries would de-dollarise. The new world would be polarised, with the USA and its allies in their own orbit, pulled away from the rest of the world which is the other more than 160 countries. Which also means the problem in the USA (high debt, stagnant middle class, widening middle class, high cost of living, social unrests, etc) would only get worse, not better.
@@sunshadow9704 If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough. Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x. The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer. Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays. When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
Don't forget the UN has full complacency with china controlling world currency. So be it. The thieves will have to invest in the yen!! 😂😂 we only do precious metals...
@@IB4U2Cme Because the FED adjusted their the interest rate to stop inflation within the U.S. I used to be able to buy a roast spring chicken for $4.90 at the supermarket. After the Fed raised the interest rate, it cost $6.90 now. So yeah, be proud of your country. But know that the rest of the world is cursing and swearing at America for driving up the cost of living AGAIN!!
Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Chloe Linda Henderson🇺🇸🇺🇸🇺🇸..
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
It's a miracle and I would testify, 110K bucks every 4weeks! I now have a big mansion and can now afford anything and also support God's work and the church.
@AnitaSalas-lr9ic Do not blaspheme The Lord Jesus Christ for your sick scam! You will be punished unless you repent and stop what your doing (scamming people).
The world should stand behind China and Russia against the USA as now the USA export its inflation world wide. How? Do exactly what the world does to Europe, never sell cheap to the USA, never trade with the USA, never buys the USA products and use swap currency for trading.
Also, the Ukraine -Russia conflict shows that the dollar can be extracted from thin air (billions spent already and more in the near future). The dollar is not supported by any precious metals or resources.
The only thing supporting the U.S. dollar, is its military, which sadly is looking weaker compared to russian / chinese strenghts. I dont know if the U.S. has passed the point of no return, but it must elect politicians who are interested in re-building the U.S. not crashing it into the ground!
The US Treasury seems to think that printing money is the same as discovering new oil, lithium or uranium reserves. Let’s see what happens when they try filling gas tanks or nuclear reactors with pieces of green paper.
@@tonnic6660 If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only. This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough. Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x. The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer. Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays. When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
The information you provided was very disturbing, however, it’s always better knowing the truth. Thank you for your outstanding report, Ben. I am now a subscriber.
Buy silver. Gold has passed it's all time high, which is happening now. While Silver is hardly passed half of it's all time high from 1980. Silver has both industrial and precious metal value, and is heavily undervalued with years of being in a supply deficit while during the same time, industrial and precious metal demand are rising.
@patrickleonard1410 and the US government is losing their grip. What happens to a compressed spring when it is released? You don't have to take this bet, but even a small wager in silver would result in monumental gains. Did you buy 10 Bitcoins when they were $1 per coin? Niether did I. I'm not about to miss out on a potential similar move, especially when I can buy silver in fractions of an ounce(1oz = $27 currently). So, a $270 stake is not going cause detriment to my lifestyle if silver reverts to the cost it takes to mine it ($20 or bucks/oz). But, it sure would be nice if it took a massive leap due to the USD losing its grip toward the newly announced gold backed BRICS reserve currency.
Congrats to all the countries who stand against US dictator.
Good , stay in china where you belong!! God save the queen!
Down with US Imperialism
@@boi9842Down with brainwashed western supporters
@@boi9842doesn’t exist
@@boi9842doesn’t exist
US wanted to make a fool out of China and Russia. But instead, the US made a fool of itself. Let that be a lesson.
It ain’t over til it’s over.
US won't learn. Sadly, it is too arrogant to see any other way.
The US dollar has been battering the Rouble and the Yuan in the last 5 years. So funny. 😩
@@angec.4757we think russia and china are criminal jokes
Exactly!! EGOS are in a drunken stupor!!
Precious metals offer intrinsic value, stability during economic uncertainty, and diversification benefits, no doubt, but why choose that when the economy is riding on new corporate growths and breakthroughs? I wouldn't be putting capital to buy silver and gold if my stock portfolio can give me a 40% ROI.
I agree. But you know not everybody has that expertise to choose the right stocks. Some may not choose good stocks, and you know that could be as bad as anything, except of course they hire a good financial advisor.
Then hire a financial advisor? The logic is literally self explanatory. How do I make five figures from the market monthly passively? You think I have a PhD in economics or whatever degree you need to invest?
Yes, but you do agree the amount of information on the internet can be overwhelming? Now we are talking about that, maybe you could recommend who you work with? I've put that off for too long.
“REBECCA NOBLETT ROBERTS” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
US shouldn't be complaining about China dumping their bonds. After all they were the ones that were originally whining about China being their 'biggest creditor' and even threatening to 'cancel' the bonds because of covid.
The US is also threatening to seize Russian assets held in Europe. No country should hold western assets or assets in the west unless they want it stolen.
It's not just USA printing money. It's the whole world printing money. Additionally, you have "criminal" both large and small operations printing fake money all over the world. In Lima, every street corner theres a house, aparment or business who has a printing operation making fake money. The world is figuring out money is a big scam. People are doing what gov's are doing by printing fake valueless money.
Over dumping capacity.🤣
When I noticed the US’s propagabda machines were spreading lies about the so-called “China’s debt traps” I knew right away the US was basically accusing China of the things that it does around the world because I knew it was the US that was the one setting up poor countries all over the world into debts that they would never be able to pay off with its IMF system! So when the US accused China of violating human rights of the Uyghurs I knew the US was basically projecting its own crimes onto China since it was the US that stole land from the Native Americans to give to the oil and gas companies so that they could build oil and gas pipelines on native people’s land. Thousands of indigenous Americans are still sitting in prison and jails right now because they protested against the thefts of their land and the destructions of their homes by the US government when the US government sent the national guards to beat them up and to break up their protests! To this day thousands of those native people are still in prison and jails because they can’t afford to pay those $150,000 to $200,000 bonds that were ordered by those shady white judges that are connected to the US government, which means they would likely be in jails and prison for years and years without ever getting their day in court! Those are the sorts of dirty stuff that the US is doing but yet has the gall to accuse China of doing!
china finally proving that US capitalism doesnt work... the only reason it worked was cos america constantly sabotaged communist and socialist nations and cos it constantly stole other nations wealth... it took 80 years for the world to wake up to these mafiosos
These financial instruments are used by US to finance wars, maintain the 800 military bases etc
But is Russia literally not doing the same by asking military to step up with alliances. Same difference ain't it??
@@UvaldeSalter BRICS is not military alliances , unlike NATO .
@@jessicayoung1190 my love check again, Russia just called in military alliances with members of BRICs for no real reason so he want to be like NATO at the same time friends with a person in Ukraine who appearing to have "peace talks" with them to get NATO tanks for free who also friends with Trump and Biden so this ish all planned to make it seem like West bad but they all buddies
@@jessicayoung1190 but they are trying to be. They trying to make West look bad when they all buddies. If Russia friends with person doing "peace talks" in Ukraine at same time NATO tanks ending up in Russia what that tell you if USA shaking the same hand
@@jessicayoung1190 but they are trying to be. They trying to make West look bad when they all buddies. If Russia friends with person doing "peace talks" in Ukraine at same time NATO tanks ending up in Russia what that tell you?
I've lived in America and Canada. Paid about the same in taxes but get way more for my taxes in Canada. Most Americans hate the government (hate giving them their money even more) because they've never experienced good governance.
I honestly think America needs a completely restructure of their political system. It is just not working. Trump and Biden being elected out of 300 million people to run the country is evidence for that too.
Hello, how did you handle it? I believe I require a pro after reading these comments
It's good you make your own research. and make sure whoever you work with is licensed n verifiable with a repute, this Sonya looks the part but i'd do my due diligence. I set up a call, thanks.
@@PennyBergeron-os4chthe system is actually good for representation. But corruption, bribery has taken over. Both reagan and Clinton quietly hot rid of sntmonopoly laws, and at any time they can outlaw the obvious: lobbyists and campaign funding directly to congressmen. The constitution is stellar and the 3 tiered system is great, but in 1913 one bribed president from the bank of London made the federal reserve the bank for the US. Nobody ever could figure out why a country would pay an outsider to print its money, but it was never changed. The main opponents to it in Congress died on the Titanic . And it was Abraham Lincoln that began the lawlessness to empower the federal government. He broke about every civil right in the constitution to do it to. You should read ip on the scam artist. A lawyer.
I guess no system is infallible , but its corruption and bribery that has ruined the US and it could easily be corrected. But of course Congress doesnt want those laws back, nor the ones intact, enforced.
What On earth did you get more in Canada?? I live in Canada too and we are over taxed and find all government services very lacking
Hallelujah brother 😭😭
Can't believe this day is finally coming! Freedom, at last ✌✌
I know, this is gods plan in working, we won. 🫶😇🥲
😂😂😂 I like greens or euros..
f.. chinese and Russian paper
@@slavcpanigaz846 🤣🤣🤣 and we like Chinese and Russians, f... greenbacks and Euros 👍👍
@@slavcpanigaz846 I like red or roubles..
f.. westernp igs paper.
@@sslelgamal5206 good luck with rubbles and yuans
America is not the country I thought it was. This will have a negative impact on my finances, but someone has to stop America's strangle-hold.
sheritownsend5359
The U.S. was always an illusion. And a paper tiger.
The current administration in the US shows the world just how corrupt it is. A lesson to us all that we can no longer trust this country until it gets its house in order.
The American Financial System has been a shell game (with no Peanut) since it left the Gold Standard. Bottom line.......the American Dream is a LIE and always was for those of us that have to work for what we get!
You mean the U.S. Please, it isn’t the Americans. The U.S corporation and its agents 😉
Right move by China.
@@boi9842Do you get paid for this or do you just like snorkeling the western pudenda? I'm sure it's the latter.
Definitely right move by China 🎉
Yes but China should expedite it even faster as the US is extremely desperate to maintain it's hegemony.
China ie land of Chinese. It’s only the west that was forced to include immigrants to their eternal damnation
They are probably still 2000 tons of gold away from accumulating a meaningful pile. It's a long process
The Americans killed Gaddafi for this exact same thing
i bet dedolaisation will make USA fattiest coutry to the healthies one.
And they killed Sadam for this .
Like what they have just done to Iranian President!!
@@KAITH_007 Dedolarisation will show up first in a drop in asset valuations [stock market and real estate] The initial drop will create problems for the average American but it will tend to stablize their life there after.
I got this from listening to another video by our emphatic friend Norton.
True
Thank you Ben. Independent journalists with journalistic integrity are the heroes of our time.
Makes sɛnsɛn, good talk
@@mohdhatarobani8536 If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only.
This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough.
Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example
in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x.
The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer.
Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays.
When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
How can the USA survive without the money printing machine if no one wants this currency anymore?
They dont
we haven't gotten to that point yet. Until countries refuse to accept the USD America will remain relevant.
They have already abused the printing and they know they can't stop it because their economy depends on it. It's like someone keep applying for credit cards and then using it up and then applying for another one and keep repeating just for their survival. And they know they can't pay back. That is America financial system in a nutshell. They're basically running a fraudulent financial pyramid scheme that depends on others to survive. If every country withdrawal from US bonds, they're dead. So, this is a classic pyramid scheme, all the players must participate and be a part of the pyramid. IF they all withdraw from the game, the pyramid will crash. China is withdrawing.
First they go to War then it gets worse from there
@@notgonnadoit32 The US will be as relevant as Canada and Mexico. The petrodollar has died and there are new payment processors for cross border trade so there is no need for dollars.
They stole from Afghanistan. That’s just disgusting.
And Afghanis are welcoming Chinese investment , mostly from private investors.
Desolate places that look like piles of rock and sand, just about two years ago, as of now look like sprawling mini enclaves with buildings and road.
I remember an Al Jhazeera documentary about a Chinese businessman saying , ….”here we will have housing , there factories and obverse there a school building. “. This right after the stationed American forces lift off from the country.
One would think that man was on drugs. But then , low and behold , two years passed by, and the city he envisioned is up and running.
The interesting hidden fact is …. When the Congress approved for weapons so Afghanis could fight the USSR , the US Government tied the aid to sending US survey team to Afghanistan.
They found plenty under those piles of rocks. Hence the “ fight the Taliban and hunt for Osama “.
They did a great favor to the Chinese who realized the country’s underground riches. Like a scorned lover who turns to the next man available , the Afghanis turned to the Chinese.
Yeah and im sure the benevolent CCP does no stealing right? Right??
@@surotto4321 Typical westerner. Never heard of the CCP stealing wealth from another nation because they were soundly defeated. But I'm sure you can dispel my ignorance of this. 🤡
Nobody cares. The afgans have no army
Loot and plunder of most poor countries that are helpless
Sad to see USA steal poor Afghanistan money.
With the rise of China and Russia, they are no longer helpless. Even small African countries like Chad, Niger, Mali and Burkina Faso could stand up to the West although they know they risked, being coup.
China used to be one of those Countries until America allowed them to open and stock (with their own Cheap goods) 99cents Stores about 30yrs ago in the U.S.
THE AMERICAN WAY
@@forsale313 If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only.
This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough.
Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example
in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x.
The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer.
Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays.
When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
There is No point China to hold US dollars. When they can pay for oil from Russia and Soudi Arabia in Chinese yuan 😊
china use usd for small bri countries development that still use usd
USA PLANNED NOT TO RETURN OR HONOUR THOSE BILLS?
It's is the rule that was applied on impotent arab countries in 1976 . If they deviate USA ll attack in the name of weapos of mass destruction or human rights , etc. Iraq Libya destruction was done due to the same reasons. There were no weapons of mass destruction in Iraq Libya wanted to trade in gold so it was destroyed by the massive American military system .
@@fannyalbi9040 interesting....what countries is that??
The oil from Africa right? So Africans making them rich after building infrastructure there and then only then making the West look bad ..... I'm just trying to since why you promoting slave traders who have been known to pay groups to harrass aficans, link with china for oil deals having divested your own, and then pump up a currency that ain't yours.....
The BRICS are buying gold like no tomorrow.. Anyone noticed that no nations has parked their money into US treasury since January 2022, the world's safest and most liquid market since WW2. This speaks volumes towards de-dollarization.
Brics is a failure and won’t go anywhere. Its 2 biggest members china and india don’t even like each other 😂
The US has 60% more gold reserves than all BRICS combined.
The US and Europe are finished
US and Europe have been fkd already, we have no industries, we depend on others for manufacturing, rae materials.. everything! But many can't even realise m, but the moment the doIIar hegemony ends the sht will blow up in our facea
Canada as well.
" The government of Canada has wound down its gold reserves to basically nothing after a multi-year strategy of selling them off in favour of hoarding other countries' currencies instead."
I believe Canada is the seventh on the list of holding US treasury. That was a dumb more by Justin Trudeau to sell what is left of the gold reserve.
" Ottawa sells off almost all its gold reserves, leaving just 77 ounces - or less "
Hahahahahahahaha 😂
About time
Not if Brussels cuts off SWIFT.
Long story short.. China is done with American BS.
LOL
💯💯😂😂THE ALL WORLD 🌎
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
But china blows
Well, enjoy your new masters. It won't be long until they turn on you.
Thanks!
I live in the US, and it will very likely negatively affect me, but - I love me some good news with my morning coffee. The US is like a teenage bully, who's been getting away with stuff for too long. Time for the adults in this world to teach US a lesson.
Buy gold
Same
More like a loan shark who gets m*rder b*ners
Agreed
@@psxtuneservice What like actual gold and have to deal with the significant costs of storing & securing it or phantom paper gold which will disappear the second you try to claim the real deal?
Moral of the story" Those living in glass houses must never throw BRICS!
Great one. LOL
Fantastic 😂
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
Classic comment,,,
Bingo!!
Wise and Great decision by the People's Republic of China.
Who will put their money in US Banks if their money is controlled by rogue US govt and can be frozen or forfeited just by Congress passing a law ?
As someone who lives in South East Asia and have interacted with Americans, I can definitely tell you that USA is likely to face economic oblivion in pursuing its desire for continued global domination. The level of hubris of American govt is beyond belief. I honestly think USA has nothing left to offer. I would'nt even visit the US, a banana republic masquerading as a "First World country", much less do business with them seeing how they can just confiscate your money. South East Asia, including the Malay Archipelago, have centuries-long history of trade and commerce, even cultural exchanges with ancient China, which continues up till this day. We will not let a bully coerce us into cutting ties with an old friend whom we know so well and for so long.
Very well expressed. Kudos
We feel the same way about China in Africa.
I was in Chiangmai Thailand for 6.5 yrs. When asked where I was from I just said I hold a U.S. pp. just moved back to US but the only thing 😢that would make return is the economy
Living in the Us is too intense & complicated
Not sure I can adjust
Can't even visit & travel to the US easily as Asians, because their Visa is infamous for being so random & hard to get. Meanwhile the US want to walk into Asia freely.
While they're acting like sitting on high horses, China has been making it easier & easier for people to visit.
100% correct. The USA is a shit show under Sleazy Joe. Prostitutes, Drug Dealers and Terrorists have overrun the country.
Sell US treasury bills fast, otherwise risk of being frozen.
Exactly
A tool of neocolonialism.
No, that's BS
@@ChrisPatrick-q6k How is it BS? US puts tight controls over how US dollars can be spent and has a history of seizing foreign reserves. You don't want to dump a ton of treasuries all at once because you won't get a good deal, but purely from a strategic perspective US treasuries have substantial risk if your policy (as a sovereign nation) deviates from US policy.
Seizure of reserves kept in US accounts happened with Afghanistan, I believe with Venezuela (although that may have been the UK at the US's request... need to google it), is desired with Russia, and at one point led to the incarceration of a Xuawei executive (spending US dollars in a non-permitted manner).
Try to be less emotional, fooling yourself and ignoring history isn't actually good for your nation, even if some people in DC think it is. It only encourages bad policy.
@@ChrisPatrick-q6k it's not BS you just don't know the bond market
Ben 😊 from my sister, thanking you for your hard work - excellent reports 👏
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
Invest in real estate, ETfs and high-yield savings account.
Just buy Gold and protect your assets, the stock market is a rollercoaster.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on Etfs and actively managed funds. I am up by 418% in 1 year under guidance.
how do I get one and interview them? Considering your point I won’t want to get into a bubble. Can you recommend any?
Cheers man. Sharp looking lady. Hopefully she has my time. I wrote her then set up a call.
No Petro dollar the US Dollar is finished. Iraq. Iran. Russia. Soudi Arabia are taking Chinese yuan and other currency for oil. Instead of US dollars 😮
don’t think china buy oils from russia n iran using usd 😂😂😂
brazil probably sell products to china using yuen too
@@fannyalbi9040 China is buying oil from Russia. Iran. Iraq. Soudi Arabia payment in Chinese yuan Not USA dollars. China trade with Brazil in Chinese yuan. In return Brazil is buying Chinese goods with the Chinese yuan. NO dollars Needed
Japan the biggest holder of US Bonds their economy passed basket case a decade ago they're PHUCKED
It’s happening but not fast enough
@@seadoomania it doesn't have to be fast because China still has 850 Billion US government bonds and if it's fast USA will Not pay back the borowed Money from China. It's slow until China get rid of the US Dollar.
Yellen wasted her frequent flyer miles going to China to scoll Her about Her powerful economy ; now, China has dumped us currency. She [ Yellen ] must have flunked international diplomacy.
She is a failed student!
Members of the 'chosen tribe' can never admit they are equal to anyone.
Maybe shouldnt have been drunk on a state visit
She boosted the tourism industry for China- she enjoyed beer and good cantonese dim sum- her next trip- see pandas and go Xinjiang to enjoy the culture and music, tang dynasty at xian, muslim culture in Ningxia, climb the Great Wall and visit the Forbidden palace
Yellen is an ex teacher NOT an economic expert or diplomat
I'm from New Zealand, our government has been in less than a year. We just joined Aucas, an alliance against our biggest trading partner 🤔🤔🤔. We've had a free trade agreement for nearly 20 years 🤔🤔🤔. None of our mates in the alliance want a free trade agreement with us🤔🤔🤔 All the bad accusations against China our allies are guilt of "or worse"🤔🤔🤔
That's hitting your toe 😂, No common sense in Europe. BTW USA asks for China to buy bonds, 2hat a joke 😂😂😂
Actually no, NZ is not part AUCUS yet.
NZ have a lot to learn from Singapore.
NZ just did the proverbial one step forward 25 steps backwards . Good luck and good bye NZ
@@wh4uf get our old government party back in, we'll be alright
@@wimokaharawira8443 that would be a giant task and only if the US allows that to happen.
Another great report Ben. Yes Di Dongsheng (翟东升) is a much credited Chinese intellectual specialised in US and Chinese economy. There has also been internal talks among other experts advising the Chinese government to reduce US debt holdings. And there has been no promises from China to buy more US debts so far, because it makes no sense to bail out the US while China is being threatened with further economic/tech sanctions on top of the existing unilateral sanctions violating WTO rules.
China's decision makes sense. Why lend a helping hand to a bully who would mutilate it?
Charter of U.N.Sanctions are Solely the Matter of the UNSC.Alone.All others are illegal.
A good indication for people to follow China's path & buy some Gold and Silver to protect themselves from the looming collapse of fiat currencies.
People aren't nation states. Unlike you. China has a literal industrial use for gold and silver.
If you want to invest like China. Buy Chinese government bonds.
Govt by People's Referenda:
Peaceful Occupation of our Capitals until it's installed, or run Mascot Candidates
Single Issue Referendums with thresholds and a social contract means Communities can vote their own laws.
A Public Authority can audit police and prosecute bad cops in our own courts.
Nationalise resources and give Indigenous peoples the right of Sovereignty over them as Guardians.
This can be achieved through a General Strike or Velvet Revolution, much like the Occupy movement, peacefully occupying State Buildings until a People's Mandate can be implemented.
With the appropriate checks and balances, you could have a national digital forum where qualified professionals can debate the issues in a public setting without all the disinformation and bad faith antics, hatespeech etc.
Any vote would need to pass the 70% threshold, with a veto or _rewrite_ vote needing 30%.
The issues would be debated, the public educated, and then a vote taken. Votes that fail will have to wait a year before trying again. Any new proposal (Citizen Initiated Referendum) would have to reach a threshold of support before it made it onto the register. This would be subject to a Social Contract (New Constitution) that forbids human rights abuses and discrimination.
That can be written in the same manner based on the core principles we all share. Councils and Boards could operate in the same fashion at Scale.
It works in a way that obligates people to better educate themselves ( that is to use logic and evidence in their reasoning ) for a better understanding of the issues, and then take collective responsibility for the outcomes. As opposed to the divisive US v them scapegoating and bi-partisan finger pointing the current Capitalist Pyramid Scheme runs on.
We need Government by People's Referenda, either through Mascot Candidates or Peaceful Occupation of the Capitals until one is established.
Make it an annual event on Oct 14
@@Praisethesunson
Yes that is true that China has industrial use for Gold & Silver (more so silver).
But Gold & Silver are known as real money & have been for thousands of years. All fiat currencies devalue against Gold & Silver and eventually go to 0.
Investing in Gold & Silver is a way to protect yourself against inflation(aka devaluation of your currency).
That's why lots of the Chinese public are also investing in Gold & have been encouraged to do so by their Government.
There were precedents of gold confiscation from population in US, so nobody is safe.
China's take more options to trade with more openly .. not only using $.
as an Iranian myself , i highly recommend every country to not use dollar , because it's not a currency , it's a weapon used by bad bad bad people
Of course you do lol Iran hates America
What about countries like North Korea . How can we punish them ?
@@Sandip6521 Did North Korea Bomb or invade other countries? Or just because you hate it?
hes a bad bad man
Sorry, Iranian but you never see a new BRICS currency ever. You forget Iranian that the Euro when first came out was used by terrorist and gangster to buy guns. The Euro was used to buy illegal drugs such as "heroin" and "Cocaine". It used b pimp to sell women and online pornagraphy. You will not see BRICS currency ever. You will be restricted Iranian to only Iranian currency only so that hardliners like Ebrahim Raisi can control you. If was up the the hardliners of Iran they would put a camera in your bedroom to make sure you not doing anything unnatural.
Actually the only country has to be blamed on dedollarization is... US itself ^_^
If you go to anywhere outside of China and you let people pick the same value of USD or Chinese Yuan. Which one do you think the people would pick?
@@johnyan836 Right now? They will choose USD of course. In next ten years? Who knows... Poblem is that even US treasury admits that USD real cost is less than cost of a paper it's printed on. Right now USD is backed only by US army and it's nuclear potential. Because US mostly is a country of digital goods, while most of other countries are produce real commodities, real treasures. Personally me, if given choice, i'd preffer neither USD nor Yuans, i'd preffer precious metals, like Gold, SIlver, Platinum etc. These are rock solid currencies, which existed before and will exist after any other fiat toilet papers ^_^
@@Ashen2501 Unless US military suffers a severe defeat by the Chinese military. Otherwise, USA still prints paper and the world will bring gold to exchange whatever the paper prints.
@@johnyan836 countries are not picking US because they want too, they have too, and that creates a lot of mistrust.
Now that China is in the picture US will drown own its own threatening behavior and waging wars and indirectly starting wars, on top, weaponizing the dollar.
You think the world don't see this? It's a matter in time US will pay for all their wrong doings.
@@johnyan836 Not the point why people are stopping to use dollar. Countries are afraid to lose all their efforts just because USA doesn't like you...
Example: why tf Cuba can't do much international trades? According to USA because there they don't have "freedom" (it's the real excuse, seriously, see the USA saying that in 2023 in the UN reunion), but why Qatar can trade with US dollars when they literally have slaves? Cuba can't trade internationally because USA doesn't like Cuba, simple as that. See how is that dangerous?
Now, for example, my country (Brazil) have a lot of lithium, so Tesla are interested, but for us it is economically better trade with BYD, what if USA government see this as "they prefer to trade with China, so they're against us 😠" and just ban Brazil from using US dollars... And then our economy just get worse and worse because we can't trade with other countries, like they did with Cuba... HOW THE FUCK DO WE TRUST DOLLAR? They literally can say "yeah, I don't like you anymore, so that's -5 billion dollars and you can't trade anymore lol".
We (in development countries) NEED stop using dollars, USA it's not the judge of the world. It's that simple.
One of the biggest atrocities on freedom of speech has been happening with the young adults in the college across America free Julian Assange before it's too late to free ourselves world press Freedom Day was yesterday and nobody came to free Julian Assange what a crying shame
There was never "freedom of speech" in the US . As old prof Richard wolf says, he remembers even Vietnam War protesters got beat up and jailed. Same for the "occupy wall st" protesters a decade ago.
Call for Govt by Citizen Initiated Referendum
No more Parties or Politicians, occupy the capitals and March every Oct 14
Use comas, periods, etc,. You make no sense.
@@tiberio1352That's because your English is low level. You talk about punctuation marks and can't place them into his cooment to understand what is being said. SMH 🙄
@@tiberio1352and learn to spell "commas" or else people will think you've been in "comas" on and off your entire life.
15:50 The Japanese yen is collapsing; yet, Japan's US Treasuries holdings increased. That's what a vassal state does.
Always support a healthy competition.
Go BRICS
How should someone adjust their portfolios to minimize risks and take advantage of these shifts?
It's critical to diversify away from assets heavily tied to the dollar. Precious metals like gold, and commodities like oil, could provide a hedge against this trend.
The shift might lead to a weaker dollar, impacting dollar-denominated assets negatively.
My advisor suggested increasing my exposure to gold and other metals. Over the past year, this strategy has helped stabilize my portfolio amidst the growing trend of de-dollarization.
I haven't thought much about commodities in my portfolio. Can anyone recommend a reliable financial advisor who understands these market dynamics?
I've been with Eric Paul Elmer for the last five years or so, and his returns have been pretty much amazing.
The world is tired of the USA being the bully, its about time they are taught a lesson
Yes!
Biden weaponized the dollar and all Americans will suffer as a result of his actions.
Unfortunately due to globalization the strongest country in the world will always act as a bully. If the usa falls china will take their place.
Thank you . About time.
@@SarahBourne-w2b If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only.
This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough.
Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example
in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x.
The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer.
Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays.
When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
US brought it upon themselves. Global Financial Oppression no more.
END OF THE USD END OF THEIR ECONOMIC SYSTEM THANKS GOD💯
Why US brutally taking away other nations money😮..
ALL COUNTRIES MUST REFUSE THE US DOLLAR AND DEMAND TO BE PAID IN A CURRENCY CONVERTIBLE INTO GOLD, OR IN GOLD DIRECTLY. THE US DOLLAR IS NOW WORTHLESS AND US DEBT MAKES IT A CURRENCY THAT IS BEING DEVALUATED MORE AND MORE EVERY DAY.
Gold is good, and usefull......if things go southwards to a certain degree.
But if things go totally southwards, gold won`t tell you how to purify water, you won`t be able to eat it, or plant crops on it, and it will not defend you (unless you throw it at somebodys head)......and nobody will want it or give you something in exchange......
It is as simply as to avoid putting all your eggs into the same basket......just in case......
@@jorgebarriosmur I agree with you. What humans cannot survive without is air, food and water. Warm clothing for those living in cold areas. Skills and knowledge are definitely more useful than money and gold in a totally south situation.
Gold ewwwww, Too heavy... I wonder if there is a digital solution hmm... Perhaps a digital gold that no one can control or take away from you. Dang I wish we had something like that.
Well, look on the positive side.....they've printed SO much of it, they'll never run out of toilet paper...not for a few grnerations anyway! 😊
Amen 🙏 🏴
All those countries that are not favoured by USA and are rich in resources should gather together and de dollarise. I m very sure that these countries will move forward and progress faster.
The US lost its way and forgot about the philosophy of equality
Justice, Freedom, God; we've forgotten about EVERYTHING that made us who we are.
equity is what they offer us.. equity under tyranny
All Democrat doings
The US never had any philosophy or equality in its entire history! Its only belief is to steal as much as it can!
@@chadpreston5549 It goes far deeper than the Democrats and GOP. ✡🕎
Yuan is backed by gold. Dollar is backed by the printing press.
Yuan is not backed by gold lol
de dollarisation is must for world. america dictation on other country is no more. every country should be free.
Yuan is backed by ducktape and cooked books at every level of the ccp
@@OmarOsman98
China is estimated to have over 20,000 tonnes of gold compared to U.S. 8,000 odd tonnes.
Only 1 of these countries would be capable of backing there currency with gold....
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.
It appears that your investment advisor is highly skilled. Could you please let me know if you are still in contact with this advisor and, if so, how?
vivian jean wilhelm’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Love Ben Norton. The US dollar is not worth the paper that it is printed on.
And we thought selling farts in a jar was a joke when we should have realized it was an honest reckoning of the death of the US$
@@susanpetropoulos1039 No joke. It is called LNG and the US is making loads of money from the not so bright Europeans after the US bombed the Nerd Stream pipelines.😂
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
😊
@@DCRelaxingrainsoundsleep54 yes it is a must. Why? Using the USD is making yourself poorer. For example in Indonesia (not my country) in 1997, 1 USD = Rp 2,000. When Soros came, 1 USD = Rp 16,800. Thus Indonesians wealth were discounted Rp 16.800/Rp 2,000 = 7x overnight. Meaning Indonesians were being poorer 7x before a night Soros came and manipulated USD.
In Venezuela is more extreme. Again Venezuela is not my country. Last year, 2023, 1 USD = 2,722 Bolivars, Now 1 USD = 31 million bolivars. Using dollars just make the rest of the world poorer.
So the best way to make your family poorer is by stay away from the trouble makers. Don't buy oil from countries who sell it in USD. If your country does, it just makes the rest of the world poorer and the USA hegemony lives forever.
WTF. HOW IS IT OK TO STEAL SOMEONE ELSE'S MONEY?!
Think Godfather type bullying is just for local gangs and cartels?
The Anglo-Saxons and others have been doing this for CENTURIES.
In the Western world's it's legal to steal money to feed their neocolonial systems!
The 5 eye countries and Europe work in unison to justify their neocolonial atrocities locally and abroad, abusing that US dollar to hold the world hostage!
The 5 eye countries and Europe have neocolonial systems that benefit Western hegemony!@@inbuckswetrust7357
de dollarisation is must for world. america dictation on other country is no more. every country should be free
Another great analysis, Ben. Kudos
As a US Citizen, I have been preparing for the worst here. Most people I know pretend like everything is fine, despite record inflation and the dollar being devalued 25% in just the last 3 years alone. I’m doing what the central banks and BRICS nations are doing. I’m also prepping and getting out of the USD.
Interest payments on Credit Card debt today is 20.6% good luck Americans the party is over, also in Europe.
I need a few documents to open up a Mexican bank account, I'll transfer my money over to my Mexican bank account. And when it gets bad, I'll move to remote México.
@@ELPrimoRuben-wi2lknot a bad idea. I’m gonna stay in the US and weather the storm. Not a bad idea to have that option to get out of the country though.
@@ELPrimoRuben-wi2lkUse XOOM to transfer from Bank to Bank and don't tell anyone....I did so and moved the hell outta that country ....if you don't move fast skyrocketing inflation is gonna leave you pennyless.
@@joshuakelleher-bw5dg never judge a country of its GDP. judge a country to its purchasing parody power. If you can live comfortably in a country you can do it in any of the non western countries. Westerners and their greed would only lead to ruin.
This guy so right. Usa bonds is worthless debt.
This is probably the single best video I've seen on de-dollarization. Well-researched and logical. Many other videos on the subject have the additional agenda of shilling for cryptocurrency or gold. Well done.
While China is busy with tech and innovation, the US and the West are busy deciding over who’s a boy or girl and arguing what pronouns to use
FACTS 😂😂😂😂😂😂💯💯💯💯
funny I live in the west .. and have never seen that in real life ... only on youtube.. think it is made up ... and not real
@@masteryourkitchen-areyouga7237so glad I don't pay attention to culture war bs.
Bulls eye ,man,bulls eye.
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
Good news - a sea change is underway ...
The BRICS is ikely to go with two baskets : a basket of currencies, and a basket of resources / commodities.
Waiting excitingly for that to be fully realised.
Love it 😇
With the way the US acting more and more like a belligerent punk all the time soon the US will become a homeless hobo holding a basket begging for pocket change!
de dollarisation is must for world. america dictation on other country is no more. every country should be free.
yup and the world should start buying oil from countries who sell it in currencies other than the USD. Buying oil in USD just make your family poorer faster overnight.
Your videos were great!! I'm one of your viewers and have been watching your videos lately. I would like to invest, but I still can't find the right investment to commit to. I will appreciate any help here.
Why countries never learned lending money to Mafia.
Sometimes you have no choice because the Mafia is your " Protector" or...colonizer , like Japan..
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only.
This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough.
Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example
in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x.
The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer.
Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays.
When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
My country in Africa too last year talked with the gulf nations to buy oil in our currency and not the dollar for a period of time... And west Africa has started blocking sales of important minerals the west needs especially France so goodluck to these countries.This is promising
Go ahead Africa, get the wealth & development you long deserve!
Cheers from Southeast Asia.
Better France than the USA.
The world should stand behind China and Russia against the USA as now the USA export its inflation world wide. How? Do exactly what the world does to Europe, never sell cheap to the USA, never trade with the USA, never buys the USA products and use swap currency for trading.
To import the world can use the cheapest world currencies such as Yen and for investments can use the world most expensive ones such as Euro if swap currency is impossible.
Great report. Well done.
Good news.
Based. Preserve your treasure in MATERIAL items that don't lose value instead of a piece of paper backed by literally nothing. Imagine Venezuela's hyperinflation, you couldn't do anything, but if you had just a few grams of gold worth a few hundred or thousand dollars you would live like a king in such a situation. There was a time when $1 worth of dollar could buy you about THOUSANDS of trucks of fuel... imagine what you would be capable of with a few hundred in gold, or even thousands from simple jewelry. Hoarding MATERIAL, tangible materials that have kept the world alive for millennia is so smart instead of relying on a piece of paper. Have you seen precious metals and minerals falling in value because of a bad policy or something like that? I didn't.
IOU and Promissory note
Its not paper, its digital numbers
Fiat currency is backed by everything that exists in the nation in which it's issued. Literally everything
The U.S. dollar is backed by terrorism, deception, war, usury, blackmail, fraud, and global narcotics. How's that Gawd Bless 'Murica working for ya?
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
So will they now open their own stock exchanges ?
It's a case of be careful what you wish for. The U.S. wanted to de-risk with China. China is now de-risking from the U.S.
Diversification of international trade and investments.
Much of China’s global trade volume is geared towards fellow developing nations and emerging economies since the 2000s.
The world should stand behind China and Russia against the USA as now the USA export its inflation world wide. How? Do exactly what the world does to Europe, never sell cheap to the USA, never trade with the USA, never buys the USA products and use swap currency for trading.
To import the world can use the cheapest world currencies such as Yen and for investments can use the world most expensive ones such as Euro if swap currency is impossible.
Don't be an idiot your whole life.
@@MSDGroup-ez6zk no
@@MSDGroup-ez6zkAfter what the CCG does to Philippine Coast Guard and Fishermen vessels…not a chance. Building military islands on a territory that is not theirs. Not a chance. Blocking Filipino Fishermen from fishing to seas that they have for years. Not a chance.
Excellent analysis and presentation. Thank you Ben!
The Roman Empire, didn't disappear overnight, but it disappeared. Same with the American rule and dominance. The End is in sight :-))))
Exactly as did the British empire,,,,
The beginning of the end the Roman empire was debasement of their money,same with the British empire..
USA can disappear overnight. How? Its strengths are its weakness. The USD is the USA strength today. So if no one uses USD anymore, it will drop. So buy oil from countries that sell it without USD. This applies to any goods. If the USA embargoes your country, freeze its allies assets.
If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only.
This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough.
Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example
in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x.
The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer.
Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays.
When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
Just imagine that one third of the Global Population, drops the USD. And America having a 34.6 Trillion USD Debt. America won't be able to pay Interest on their debt . I don't know how you can't see it ?!? The American Hegemony is having the last spazam's, trying to start new Wars to try to keep their Hegemony. America is Done !!!! New Era is coming !!!! BRICS+ , this is The End for the Unipolar Hegemony :-)))))
Good for global economy as there will less economics colonization by US
I always enjoy watching your videos. We are lucky to have you. ❤❤❤
Colombia,Venezuela,Pakistan, Nigeria, Indonesia and Kazakhstan applied to joining BRICS. Also many more countries are going de-dollarization and for brics backed by gold or precious metals currency! Most Latin America is already planning in to apply for the BRICS.
America broke semi sound economic system to exploitative mafia cartel. Finally world realized what has happened.
those shithole countries dont measure up to one serious nation.
BRICS have asked Mexico to join personally.
Especially Russian and China were open about it.
Mexico holds a especial place next to US and Mexico being a major trader for US, BRICS wants Mexico.
This means Mexico might be influenced to drop the dollar and that could be the beginning of US death.
Who could have guessed that customers (of securities) didn't like having promises broken, sanctioned for doing too well and getting slandered. Its definitely the customer's fault
True .
Yes, we are now living in a society where the customer is treated like he/she doesn't matter. Now I realize that the message, as usual, comes directly from the top.
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
@@DCRelaxingrainsoundsleep54 The word you are looking for is sovereign, and that is the opposite goal of China: They would make vassal states of everyone they deal with, you need only look at the terms and conditions of the Belt and Road initiative to see that they want ownership of everything they build.
@@3vil3lvis china not kill anyone. china believe in equal opportunity to all country not like america. we see american hypocrisy in last 20 years. world power is changed. in resent time we see world power is not single polar world power is multi polar
I think in the future a lot of Americans probably going to Mexico looking for jobs,. Really sad and heartbreaking,
A lot of Americans will become poor.
They won't become poor from dedollarization, they will go broke from stupid genocidal wars and sanctions in middle east, Asia, eastern europe and Africa.
The dollar will just become like every other currency of any other countries.
Correction...poorer.
de dollarisation is must for world. america dictation on other country is no more. every country should be free.
@@DCRelaxingrainsoundsleep54 If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only.
This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough.
Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example
in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x.
The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer.
Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays.
When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
God bless China 🙏👍.
Says the AI ……
God bless China
Thats hilarious
@@imjustalilbit God have no power. Humans do the work while God sleep.
@@Wirmish"Why should God do anything and rob from us the glory that is our right to take with our own free will" -Niccolo Machiavelli, also known as the father of modern political theory.
The world is getting wise now. Can America still print money? The sign is in every street of America. The homelessness, rising crimes....unemployment...border security...sign the country in deterioration.
Ben_Norton, I thank you for your excellence. You're a living legend !
💯💯💯💯💯💯💯💯💯💯🙏👍
de dollarisation is must for world. america dictation on other country is no more. every country should be free.
To peg your currency to a fiat currency you go up and down with it. To value against gold sets your currency to a value
Exactly Gold is Money the Rest is credit - - JP Morgan
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
Great reporting as always
Ryssia only has 6 billion in assets in US. The 300 billion is in Europe. Russia has already seized asseys of JP Morgan in Moscow
America should've focused on being a self sustainable and not the easy way out.
USA CHOULD JUST HAVE RESPECTED OTHER COUNTRIES INSTEAD OF CREATING INVISIBLE ENEMIES AS AN ECSCUSE TO ATTACK THEM.
Trump tried in his first term. They would have none of that.
Crooked Trump gave a speech three months ago in which he was bragging about he would have gotten free oil from Venezuela and Iraq instead of having to pay for it if he were the president right now! Meaning he would have simply invade Venezuela as well as Iraq again to steal their oil instead of paying for it! So I don’t know what sort of peace that he was trying to create that you’re talking about! You Magaheads sure know how to lie for your orange god!
de dollarisation is must for world. america dictation on other couhtry is no more. every country should be free
@@RosaMark-v3h the stupid is why the world is happy when the USA has made them poorer through petrodollar? Why can't it by oil from countries who dont sell oil in the USD such as Russia? If your buying is not urgent, your country can buy when petrodollar is over called manipulating USD demand. This petrodollar cannot stand over 1 year or 2 years in history. Thus waiting will make the demand of the USD dropped as no one wants to use the USD anymore.
If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only.
This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough.
Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example
in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x.
The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer.
Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays.
When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
USA can still survive because it’s unlikely EU and G7 countries would de-dollarise. The new world would be polarised, with the USA and its allies in their own orbit, pulled away from the rest of the world which is the other more than 160 countries. Which also means the problem in the USA (high debt, stagnant middle class, widening middle class, high cost of living, social unrests, etc) would only get worse, not better.
France recently paid china in yuan
Soviet Union 2.0 is waving 😅😅😅😅
Thank you, it was useful and informative, great work.
Very insightful Brother Ben 👍🎯
So happy to see the end of the Anglo American empire. We used to be free. Now, thanks to the greed of our "elites" we have become a shit show
Let it rip ✊
Not rip, they have to pay up their sin.
@@birdyashiro1226pay to whom?
de dollarisation is must for world. america dictation on other country is no more. every country should be free.
@@sunshadow9704 If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only.
This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough.
Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example
in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x.
The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer.
Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays.
When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
*Other countries were crazy to hold money in American treasury securities.*
US dollar worth less everyday. It is not a good investment to buy US Treasury bonds because you can't predict the future worth.
Don't forget the UN has full complacency with china controlling world currency. So be it. The thieves will have to invest in the yen!! 😂😂 we only do precious metals...
All the currencies fell against the dollar in 2023. I wonder why?
😂😂😂It can be seized or better stolen
Really I can 🧻
@@IB4U2Cme Because the FED adjusted their the interest rate to stop inflation within the U.S. I used to be able to buy a roast spring chicken for $4.90 at the supermarket. After the Fed raised the interest rate, it cost $6.90 now. So yeah, be proud of your country. But know that the rest of the world is cursing and swearing at America for driving up the cost of living AGAIN!!
As an American, this is a good idea
Ben presentation is very clear and informative
Best Jurnalist.Ben Norton.
Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Chloe Linda Henderson🇺🇸🇺🇸🇺🇸..
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!!
Please help me.
It's a miracle and I would testify, 110K bucks every 4weeks! I now have a big mansion and can now afford anything and also support God's work and the church.
Please bless china,they were chosen by Lord jesus
@AnitaSalas-lr9ic
Do not blaspheme The Lord Jesus Christ for your sick scam! You will be punished unless you repent and stop what your doing (scamming people).
The world should stand behind China and Russia against the USA as now the USA export its inflation world wide. How? Do exactly what the world does to Europe, never sell cheap to the USA, never trade with the USA, never buys the USA products and use swap currency for trading.
Also, the Ukraine -Russia conflict shows that the dollar can be extracted from thin air (billions spent already and more in the near future). The dollar is not supported by any precious metals or resources.
The only thing supporting the U.S. dollar, is its military, which sadly is looking weaker compared to russian / chinese strenghts. I dont know if the U.S. has passed the point of no return, but it must elect politicians who are interested in re-building the U.S. not crashing it into the ground!
@@7divad37Russia can’t even beat its little brother with our technology from the 80s what are you smoking 😭😭
Love your channel Ben! Very objective and insightful :)
America overplayed it's hand!😮
The US Treasury seems to think that printing money is the same as discovering new oil, lithium or uranium reserves. Let’s see what happens when they try filling gas tanks or nuclear reactors with pieces of green paper.
No Point for countries to hold prined paper. US dollars it Makes sense to hold Gold and Silver 🥇🥇🥈🥈
Thank you Ben for this excellent video!
Good reporting
Getting rid of government bonds is a good idea and it also forces government to stop some of its wild spending.
THIS IS A VERY GOOD QUESTION!?
GOVERNMENT DEFICIT SPENDING should be for emergencies ONLY.... not as a matter of economic policy.
de dollarisation is must for world. america dictation on other country is no more. every country should be free.
@@tonnic6660 If you the 18 April 2024 Bloomberg report. China, India and Indonesia contributions to the world economic has been increasing sharply. China now supports 21% of the world's economic growth, India has 14%, the USA is only 11% and Indonesia is 3.7% while European countries contribution is about 0.1 1o 1% only.
This figure shows that the world doesn't need the USA and European anymore. Trading in between China, BRICS and global souths is enough.
Now the USA exports inflation world wide through petrodollar. This inflation would make your country poorer than before. For example
in Indonesia (not my country), in 1997, 1 USD = Rp 2,000. When Soros came 1 USD = Rp 16,800. This means overnight when the USD was manipulated, Indonesians wealth's were dropped by Rp 16,800/Rp 2,000 = 7x.
The question is why do you want to trade with the USA if the USD is manipulated and makes you poorer instantly. As petrodollar is being used now, thus it is good to find countries who sell their oil not in the USD. If you buy oil from countries who sell in the USD, you just make your countries poorer.
Mahathir when he was a Malaysia PM, he found a brilliant way to beat Soros. He asked all entrepreneurs in Malaysia to bring the USD back while he reduced the demand of the USD by prioritizing who can exchange Ringgit with the USD such as Malaysian students overseas. This Mahathir's way then was adopted by China nowadays.
When the USD is manipulated, kill it by reduce the demand. When no one buys it, it will drop significantly. Remember, when you trade using the USD, you just make your own family poorer then before.
Thanks for the video Ben Norton.
The information you provided was very disturbing, however, it’s always better knowing the truth. Thank you for your outstanding report, Ben. I am now a subscriber.
Buy silver. Gold has passed it's all time high, which is happening now. While Silver is hardly passed half of it's all time high from 1980. Silver has both industrial and precious metal value, and is heavily undervalued with years of being in a supply deficit while during the same time, industrial and precious metal demand are rising.
Silver is manipulated
The u.s. government have always suppressed the price of silver...
@patrickleonard1410 and the US government is losing their grip. What happens to a compressed spring when it is released?
You don't have to take this bet, but even a small wager in silver would result in monumental gains. Did you buy 10 Bitcoins when they were $1 per coin? Niether did I. I'm not about to miss out on a potential similar move, especially when I can buy silver in fractions of an ounce(1oz = $27 currently).
So, a $270 stake is not going cause detriment to my lifestyle if silver reverts to the cost it takes to mine it ($20 or bucks/oz). But, it sure would be nice if it took a massive leap due to the USD losing its grip toward the newly announced gold backed BRICS reserve currency.
I heard there are no new silver deposits to be found.
BRILLIANT PROGRAM BEN ALWAYS LIKE 👍👍👍👍