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The US-citizens who hold USD-savings will lose also but the world will pay the US-citizens debt trough the hyperinflation. The impact is softened trough the fact that the rest of the world pay also. If the US would be alone the price of Gold in USD would be much higher now and the debt would be much more heavy. It gives the US-citizen more time to prepare. It's time to buy Gold and Silver now. The confidence is already broken. Have a look at the Gold and Silver-chart. China is the biggest USD-holder. They lose. They know it that's why they sell already USD. What happens when the world is selling USD to the FED? Exactly the Goldprice soars. That's why the price of Gold soard from 1,000 in 2016 to 2,000 now and it's accelerating massive in this months. In 1-2 years the price will be probably 50,000 or more. Silver is even more pullish. Q says exactly the same. Gold shall destroy the FED. And by the way forget about the credit cards. After the reset there won't be any credits. It will be just sound money backed by Gold.
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Confidence is not broken yet. If you give someone the choice between a rock and USD, they will accept USD. That isn’t broken confidence.
China is not the biggest holder of US debt, the FED is. And its not USD they hold, just paper that promises they will be paid plus interest. In other worlds, US citizens have promised to pay all Treasury holders through future taxation of their labor.
Q never mentions economics. All he said was that Gold will destroy the FED. Difficult to sum up the complexity of undoing the FED, world monetary systems and credit with once sentence.
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Confidence broke in part the last 5 years. Goldprice doubled in this time. Since the creation of the Petro-Dollar (Bretton Woods 1944) it broke 98% compare to Gold. You can measure confidence only in Gold. It's self-explanatory USD didn't break a 100% otherwise you couldn't buy Gold for 2k/oz. But the devaluation of USD is accelerating massively this months.
China is the biggest holder of US debt of the foreign countries I meant. The whole world has probably more USD than the FED. With inflation they help to finance US-citizens. That's great.
Gold shall destroy the FED is the whole point. Gold is the center of economics not the USD. Even in periods they abolished the Goldstandard. Q summed it up brilliantly.
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The changes that are about to happen will be so sweeping and so impactful they can't be forecast from the interworkings of the existing global economy, as you are attempting to do.
[–] 25114050? ago (edited ago)
The US-citizens who hold USD-savings will lose also but the world will pay the US-citizens debt trough the hyperinflation. The impact is softened trough the fact that the rest of the world pay also. If the US would be alone the price of Gold in USD would be much higher now and the debt would be much more heavy. It gives the US-citizen more time to prepare. It's time to buy Gold and Silver now. The confidence is already broken. Have a look at the Gold and Silver-chart. China is the biggest USD-holder. They lose. They know it that's why they sell already USD. What happens when the world is selling USD to the FED? Exactly the Goldprice soars. That's why the price of Gold soard from 1,000 in 2016 to 2,000 now and it's accelerating massive in this months. In 1-2 years the price will be probably 50,000 or more. Silver is even more pullish. Q says exactly the same. Gold shall destroy the FED. And by the way forget about the credit cards. After the reset there won't be any credits. It will be just sound money backed by Gold.
[–] 25116665? ago
Confidence is not broken yet. If you give someone the choice between a rock and USD, they will accept USD. That isn’t broken confidence.
China is not the biggest holder of US debt, the FED is. And its not USD they hold, just paper that promises they will be paid plus interest. In other worlds, US citizens have promised to pay all Treasury holders through future taxation of their labor.
Q never mentions economics. All he said was that Gold will destroy the FED. Difficult to sum up the complexity of undoing the FED, world monetary systems and credit with once sentence.
[–] 25118463? ago (edited ago)
Confidence broke in part the last 5 years. Goldprice doubled in this time. Since the creation of the Petro-Dollar (Bretton Woods 1944) it broke 98% compare to Gold. You can measure confidence only in Gold. It's self-explanatory USD didn't break a 100% otherwise you couldn't buy Gold for 2k/oz. But the devaluation of USD is accelerating massively this months.
China is the biggest holder of US debt of the foreign countries I meant. The whole world has probably more USD than the FED. With inflation they help to finance US-citizens. That's great.
Gold shall destroy the FED is the whole point. Gold is the center of economics not the USD. Even in periods they abolished the Goldstandard. Q summed it up brilliantly.