For years, gold pumpers and now Main Stream Media and The Bank of England’s Governor have promoted an “end of dollar hegemony” narrative in favor of the Chinese Yuan. It hasn’t happened.
In this live stream we discussed all things gold and the flailing Chinese Yuan.
Watch “China is NOT Crushing the Dollar”
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China
But #Gold, Sun Tzu and China to Crush the Dollar!
The Real "Helicopter Money": Since 2009, China Has Created $21 Trillion Of New Money, More Than Double The US | Zero Hedge https://t.co/KjUg1HVfuf
— Smaulgld (@Smaulgld) September 1, 2019
For al those praising china because it was buying gold “hand over fist” while the US was just “printing dollars” and running an “unsustainable” amount of debt, they failed to notice china was borrowing more than any nation on earth https://t.co/Xi6Bjfq9FK
— Smaulgld (@Smaulgld) September 1, 2019
Its not just the Chinese govt that has borrower too much, Chinese consumers have done the same
But GOLD and SUN TZU and CRUSH THe DOLLAR
China's cash-strapped families forgo new appliances https://t.co/knHm2FzBIg
— Smaulgld (@Smaulgld) September 1, 2019
If the Yuan continues to depreciate China could face a debt crisis that could trigger a financial crisis and
THAT will cause #gold to soar NOT gold pumper nonsense re
China crushing the $
Gold backed yuan
Petro yawn
Comex defaulthttps://t.co/ZjTPJmX3H1 via @scmpnews— Smaulgld (@Smaulgld) August 31, 2019
Can China’s Gold Save it From Debt Collapse?
Gold
Sanders
Bernie Sanders calls for eliminating all medical debt at South Carolina event | Fox News https://t.co/HorhfIBieI
— Smaulgld (@Smaulgld) September 1, 2019
Crypto
I would think #bakkt launching after labor day will get the wall street attention of a highly anticipated IPO#bitcoin
— Smaulgld (@Smaulgld) August 31, 2019
When MySpace Coin?
Whatever happened to Libra?
— Smaulgld (@Smaulgld) August 31, 2019
Here is a reason to feel that way.
Decision makers on Wall Street return from summer holidays ready to deploy capital, Bakkt is ready, crypto prices have dipped and markets fear October crashes
— Smaulgld (@Smaulgld) September 1, 2019
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