definitely hitting 4k once JPOW leaves. The feds will be a shit show once a MAGA bootlicker gets put as chairman.
No-Professor-8351 on
And the Babylonian woe continues
lordchickenburger on
bitcoin, BMNR, eth, the crypto space is going to go insane
BlitzNeko on
And since Russia and China have been raping Africa for gold, for decades now, looks like they’ll come out on top of the United States.
After that the dollar will be worthless.
PraiseTheRiverLord on
It may be time for me to divest from gold a bit and put some back into silver…
skyfex on
Gold has nothing to do with de-dollarization. Nobody finances a factory with gold. They do it with debt issued on USD.
This is what makes a currency popular: how easy and popular is it to issue debt in that currency. Debt and taxes is what drives the demand for currency.
Gold just isn’t a factor in making realistic alternatives to the dollar popular.
swagcoffin on
I know everyone has a hard on for doom and gloom stories about America, but watch out for a majority of „news“ stories & headlines like this, which tend to be from Indian news sites. Not the best reputation when it comes to objectivity and truthfulness, and then their fucking bots just amplify on reddit and other social media. Super easy to manipulate when you’ve got a bunch of self-loathing, miserable Americans on the receiving end who have no clue what the India they’re rooting for is all about. It’s not all Bollywood and Chicken Tikka Masala, it’s actually a pretty fucked up country (politically, socially, economically) with a highly narcissistic and inept maniac as a leader the past decade or so.
They know most people won’t read the actual article to see that USD reserves are down from $242 billion in June 2025 to $228 billion in September 2025, a whopping 6% fluctuation. Also not in the headline is that USD reserves in India are up 12% from a year ago, September 2024.
America isn’t India. You can’t take down all of its institutions that easily.
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definitely hitting 4k once JPOW leaves. The feds will be a shit show once a MAGA bootlicker gets put as chairman.
And the Babylonian woe continues
bitcoin, BMNR, eth, the crypto space is going to go insane
And since Russia and China have been raping Africa for gold, for decades now, looks like they’ll come out on top of the United States.
After that the dollar will be worthless.
It may be time for me to divest from gold a bit and put some back into silver…
Gold has nothing to do with de-dollarization. Nobody finances a factory with gold. They do it with debt issued on USD.
This is what makes a currency popular: how easy and popular is it to issue debt in that currency. Debt and taxes is what drives the demand for currency.
Gold just isn’t a factor in making realistic alternatives to the dollar popular.
I know everyone has a hard on for doom and gloom stories about America, but watch out for a majority of „news“ stories & headlines like this, which tend to be from Indian news sites. Not the best reputation when it comes to objectivity and truthfulness, and then their fucking bots just amplify on reddit and other social media. Super easy to manipulate when you’ve got a bunch of self-loathing, miserable Americans on the receiving end who have no clue what the India they’re rooting for is all about. It’s not all Bollywood and Chicken Tikka Masala, it’s actually a pretty fucked up country (politically, socially, economically) with a highly narcissistic and inept maniac as a leader the past decade or so.
They know most people won’t read the actual article to see that USD reserves are down from $242 billion in June 2025 to $228 billion in September 2025, a whopping 6% fluctuation. Also not in the headline is that USD reserves in India are up 12% from a year ago, September 2024.
America isn’t India. You can’t take down all of its institutions that easily.