The BRICS+ countries, including China, Russia, India, Brazil, South Africa, and Argentina, are creating a new monetary system with a gold-backed currency to reduce dependence on the US dollar.
The Mbridge platform, now called the Bridge, enables Asian and Middle Eastern countries to trade without using the SWIFT system, bypassing the US dollar for oil trades between Saudi Arabia and Asian nations.
Physical gold and silver demand is extremely high, with 20,126 gold contracts and 1,064 silver contracts standing for delivery in the first three days of the August contract, indicating a 1:1 ratio of physical delivery.
China is quietly stockpiling gold and silver through unofficial channels and off-exchange purchases to keep its accumulation less apparent to the rest of the world.
Margin debt has reached a record $1.008 trillion, exceeding levels at the peak of the dot-com bubble and 2008 crash, signaling extreme risk in the markets.
Insider stock dumping is at record levels, with Jeff Bezos, Jamie Diamond, Warren Buffett, and Zuckerberg selling $6 billion worth of stocks since June, while institutional traders average $2 billion in sales per week.
The US Treasury is preparing to lower interest rates through a new Fed appointee, potentially sparking more inflation and pushing for a gold-pegged monetary policy to devalue the dollar and reliquify the Treasury general account.
The stablecoin market is expected to grow exponentially, creating $2 trillion in demand for US treasuries, empowering the Treasury and reducing the Federal Reserve’s power.
Banks are highly leveraged in a low-interest-rate environment, with Japanese banks being 20:1 leveraged, making them very insolvent and vulnerable to market downturns.
Stablecoin regulations and centralized control of decentralized finance (DeFi) are eroding privacy and threatening the integrity of the financial system.
The largest commodity exchanges are experiencing record deliveries of gold and silver, while the retail public has virtually no exposure to commodities.
The biggest money in the world is moving into gold and silver, with unprecedented buying that is not fully understood by the market.
The world is shifting from a 500-year-old Western debt-based financial system to an Eastern commodity and asset-based system led by China, India, and Russia.
The US dollar’s value is rapidly unraveling since abandoning the gold standard in 1933, making it an unreliable measuring tool for pricing commodities.
The Ukraine war is viewed as a financial suicide for the US, NATO, and EU, displacing 8 million Ukrainians into a financially struggling Western Europe.
Israel’s “Samson option” doctrine, involving the potential use of 200 nuclear bombs to destroy surrounding countries if threatened, is considered as dangerous as the “Hannibal doctrine”.
Iran can potentially disrupt global trade by threatening the Strait of Hormuz, a critical choke point, with minimal military resources.
Gold prices reflect a desire to escape the dollar rather than gold’s intrinsic value, with commodities priced in gold showing extreme lows in 40-100 year charts.
Mining stocks’ participation in the general stock market has dropped from 3% to 0.5%, indicating increased risk and a potential transition to commodities.
A critical financial event is anticipated between now and October, as suggested by recent market trends including a 20% drop in copper and the biggest spike in dollar value in 20 years.
The ongoing conflicts may either end civilization or lead to a crucial peace conference to address war as a means of communication.
Gold is positioned as a key component of the future financial system, being expensive relative to other metals but cheap compared to the dollar.
The purchasing power of the US dollar has declined significantly since 1913, with only 3 cents of its original value remaining, reflecting manipulation by the government to hide true inflation.
The Federal Reserve’s manipulation of the money supply has led to a 50% drop in purchasing power since 1913 and a massive increase in debt-based inflation in the 1920s.
The natural state of the free market is deflation, not inflation, where prices decrease as the supply of goods and services increases.
Gold and silver are advocated as sound money due to their broad functionality and broadest base of demand in the global economy, having never gone to zero in thousands of years.
Bitcoin solves the problem of scaling global commerce like gold, acting as digital energy that can be traded for goods and services through its algorithmic formula and proof of work mining process.
Bitcoin is considered digital gold that is finite in supply, auditable, and incorruptible, making it a more effective base money in the digital age than physical gold.
The velocity of money is an indicator of inflation and loss of confidence in the currency, with increasing velocity signaling anticipation of higher prices.
The central bank’s definition of price stability focuses on stable velocity of money and monetary velocity, rather than just stable prices for goods.
The dollar has lost 97-98% of its purchasing power over the last 40 years due to the central bank’s creation of new money.
Bitcoin is a decentralized public ledger bounded by energy, with miners receiving a block reward for adding new blocks, making it immutable, auditable, and incorruptible.
Bitcoin is infinitely divisible into Satoshis (1/100,000,000th of a Bitcoin), allowing it to scale like gold but with no counterparty risk or inflation.
Bitcoin is a free and open protocol that pays people in its token to interact with it, making it a game theoretic shelling point for the world’s money.
The current monetary system is insolvent because there’s not enough currency to pay off all the debt, which is constantly compounding and regulated by interest rates.
The only way to fight deflation is with inflation (creation of new currency through debt), and the only way to fight inflation is with deflation.
The current monetary system is viewed as a war between the 1% in power and the 99%, with Bitcoin potentially liberating humanity from corruption and scarcity.
A hyperinflationary depression where 80% of the population ends up in abject poverty is predicted, with gold and silver suggested as a solid foundation for portfolios.
Stablecoins are considered a bigger risk than Bitcoin, as they create an artificial market for debt and dollars, which is unstable and oxymoronic.
The importance of having a solid foundation like gold and silver in one’s portfolio is emphasized, as they can act as a “bazooka” to reset currency against in times of crisis.
Preparation for potential social unrest includes owning remote off-grid property and becoming an urban farmer, as suggested by economist Lynette Zang.
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