Summary
The U.S. government is preparing for potential global conflicts and economic instability in 2024, driven by rising geopolitical tensions, a looming recession, and a shift towards alternative currencies and assets.
Global Economic Shifts
The world is moving towards a multi-polar world order with regionalization of trade and currency agreements, as countries like Japan, Australia, and European nations form their own blocs.
China has secretly been buying 10 times more gold than publicly stated, with an estimated 25,000 tons owned by citizens or the government, while Russia has been buying gold since US sanctions.
US Economic Challenges
The US is at 120% debt-to-GDP, the highest in history, and the dollar’s resilience is ending as dollarization falls below 50% in Swift transactions for the first time since becoming the world reserve currency.
The US government is using Bitcoin to support the dollar and treasury market, a desperate move that is unsustainable long-term, while choosing CBDCs over gold to maintain power and continue printing money.
Preparation for Economic Turmoil
The expat industry has exploded, offering packages for visas, passports, residency, bank accounts, and property in countries like Ecuador, Chile, Australia, New Zealand, and Europe to help individuals avoid US taxes and asset seizures.
The US government is quietly preparing for a wartime environment, especially in the defense industry, extending this preparation to other industries as well.
Gold Market Dynamics
Gold’s 50-year chart shows the fastest and most concentrated price increase in history, but may trade sideways in a $1-200 range for 3-4 months before a big move up, barring major banking, war, or economic crises.
The Bricks (BRICS) are building their own trade networks, militaries, and gold markets to challenge dollar dominance, preparing to back their currencies with gold and silver, potentially replacing the LBMA and COMEX markets.