US Sanctions Risking systemic collapse

Gesara.news » » US Sanctions Risking systemic collapse

Share via:

Date: March 2, 2022

Russia could ask for rubles or gold in exchange for energy. If that occurred Europe would have little choice. The real leverage in the Petrodollar system is on the 'petro' side.
It will be interesting to see how this develops. If energy payments begin moving outside of the SWIFT system, then the Petrodollar will be severely damaged.
Regardless, it's going to be disruptive and we're going to see additional problems. Very likely we will see further money printing and more stagflation.
The United States' attempts to simultaneously take on both Russia and China is a bad idea. We're forcing the two of them together while Europe is trying to play both sides. This situation will end with China and Russia gaining status.
Russian citizens have also been buying gold. This crisis will hurt their citizens, but this isn't Russia's first rodeo. The fact that Putin has done this either means he's lost his mind or he has a plan and found a window of opportunity.
We could see serious spillover effects on bonds and real yields.
The United States can't afford higher rates, and they can't remove Russia's oil without destroying their own markets.
We could see big changes should Russia use their gold as leverage. Possible scenarios that could occur should gold be revalued.
Source: youtube.com

The End of the Dollar Empire

Gazprom says it has signed a deal for China to pay for Russian gas in national currencies.
Russia's Gazprom said on Tuesday it had signed an agreement to start switching payments for Russia's gas supplies to China to yuan and roubles instead of dollars.
Sources: reuters.com

Central bankers are losing the war on gold

The central bankers, Wall Street - the usual suspects - they are losing this war on gold as they have done in the 1960s, Middelkoop told the Keiser Report.
The year the author was referring to is when the London Gold Pool existed. The group was comprised of several central banks, which dumped their gold reserves to keep bullion price at $35 per troy ounce. Middelkoop says that now we can see the second London Gold Pool is failing.

The Petro-yuan announcement

China's Xi calls for oil trade in yuan at Gulf summit in Riyadh.
President Xi Jinping told Gulf Arab leaders on Friday that China would work to buy oil and gas in yuan, a move that would support Beijing's goal to establish its currency internationally and weaken the U.S. dollar's grip on world trade.
China to use Shanghai exchange for yuan energy deals with Gulf nations.
China's President Xi Jinping said in Riyadh on Friday that China and Gulf nations should make full use of the Shanghai Petroleum and National Gas Exchange as a platform to carry out yuan settlement of oil and gas trade.
Sources: reuters

Trump's Operation Strategy Makes Sense Now

Donald Trump's latest tariff strategy is unfolding like a high-stakes chess game, and the pieces are falling into place just as some predicted. What began as a bold threat is now revealing its deeper intent: a calculated "operation" to reshape global trade dynamics and flex American economic muscle. In a recent video, I hinted this was coming-and here we are.
Nations are starting to buckle under the pressure. Several have already waved the white flag, scrambling to the negotiation table to avoid the sting of Trump's tariffs. India, for one, is mulling over slashing tariffs on more than half of its $23 billion in U.S. imports-a massive pivot that signals the operation's early success. Even Russia finds itself in the mix, with Trump holding off on tariffs as peace talks gain traction, hinting at a broader geopolitical play.
Not everyone's ready to fold, though. Some countries are digging in their heels, resisting the tariff onslaught. But mark my words: their surrender feels inevitable. The old guard-those entrenched elites who've long profited from the status quo-are getting a rude awakening. Billions are being shaken loose from their grip, and the system they've clung to is trembling.
The public's taking notice, too. A recent survey shows Trump's popularity surging amid the tariff panic, as his brash approach resonates with a growing base. His message is loud and clear: "ONLY THE WEAK WILL FAIL!" It's vintage Trump-unapologetic, unrelenting, and, for now, effective.
So, with the board still in play, here's the takeaway: Stay strong. Stay safe. This operation's just getting started.

The Central Bank of China Extends Gold Buying

China Extends Gold Buying With Fresh Flows to Central Bank.
The People's Bank of China raised its holdings by 30 tons in December, according to data on its website on Saturday.
This follows November's addition of 32 tons, and brings the nation's holdings to a total of 2,010 tons.
Sources: bloomberg