Friend sent me this: besides a few, notice many don't support sanctioning Russia are mostly resources, food, textile, & consumer products exporting countries?
What happens when they follow suit to get out of the king $USD control?
In world of monopoly, SELLERS SET THE PRICE
I'm afraid US' push may simply give Russia the needed narrative to do a rug pull on us: they don't have to sell gold reserve, they can simply RESET Ruble & turn Ruble into gold & oil redeeming coupon (i.e. asset backed Ruble), & trade with non-US-ally
If anyone has a chance, I suggest take a listen to this guy, especially this following segment; I did my best quickly typed up this transcript: he basically nailed most of what I've been seeing & saying :
Very good analogy:
A guy sells good portion of what world needs, then world says, "we don't like u, but we still want to buy your stuff"; question: who's in control here? The one sells? Or the one buys?
It's the one who sells... SELLERS SET THE PRICE
Imo, a non-Davos version of Great Reset is unfolding before our eyes right now
Seller is now setting their price; 1st step: buy their product(s) in their own currency zerohedge.com/markets/russia…
Watch out, US/West may be crazy enough to do $RUB ban (just like banning Iran's FX); if(!) so, $RUB can crash even more ST, but that'll give Putin the perfect narrative to push for an extreme monetary reform shortly after; hence, resetting $RUB
This piece is FULL OF STARS!
Judging by how commodities & currency war may soon further escalate, 🇷🇺's fixed gold price may soon open door for gold bond; the soonest possible time of "$RUB reset" can be July 2022
Can't say for certain "this is it", but IF(!) #Russia pulls it off, I speculate this can be how things may end up: by fully embracing #dutchdisease, a powerful #RubleRV may come by summer 2022
Does anyone realize how F-ed are we & $USD ?? Overnight collapse? Of course not; in fact imo $USD is about to do an unseen supercharge: when happens, make sure you'll load up on gold, $BTC/crypto, & $RUB, because give it 6-12 months, we'll see "something"
Yup, in fact Russia sanction opens door for BRICS to reset $USD price & $USD global demand, because like I've said since the beginning: monopoly SELLERS SET THE PRICE.
Russia wished us to sanction them; it's a trap, & we gladly walked right into it.
Over bullying often push 1 over edge to do unthinkable thing.
Imo we 🇺🇸may become stupid enough to sanction 🇮🇳, it'll trigger whole 🇮🇳 to go anti 🇺🇸. Many things 🇮🇳 can do, for 1, since most 🇺🇸's meds & antibiotics are from 🇮🇳 & 🇨🇳, embargo will hurt BAD
Once again confirms what I said right when this war began: monopoly SELLERS SET THE PRICE ....this war is not about Ukraine, but it's about bringing down the mighty $USD through resetting $RUB
What a great confirmation to see someone mainstream starts pointing out what I saw right from beginning when this whole thing started : making West to sanction the daylight out of Russia was in fact a TRAP Putin sprung; & we the West walked right into it
I never saw this until after I saw what 🇷🇺did: although 🇨🇳 won't say it out loud, but imo 🇨🇳WELCOMES it (& they'll make sure we'll do it too). Sanctioning 🇨🇳 like we did to 🇷🇺, (1) we'll help Xi get re-elected for sure; (2) they'll seal the fate of $USD
If 🇷🇺defaults by early May due to 🇺🇸being bullying idiot, plus macro causing $ supercharge, WATCH:
🇷🇺will have started a precedence for EMs to also "default" (pay in their own FX; either out of protest vs 🇺🇸&$, or right out can't pay), 🇺🇸🇪🇺are screwed‼️
Someone gets it; a nightmare about to hit EU: 🇺🇦has been a huge human & sex trafficking haven in past decade, West's blind 🇷🇺hate just turned 🇺🇦into a new & huge weapon trafficking haven‼️
🇪🇺 your days are numbered: crisis of food + migrant + weapon = Kaboom!
Also, word on the street is, many 🇺🇦warlords are under table selling many newly received weapons to whoever willing buyers, including 🇮🇱, 🇸🇾, 🇮🇷, 🇹🇷etc., & also, you guess it, 🇷🇺RUSSIA! Yes, 🇷🇺is buying many of our 🇺🇸Javelin, Stinger, etc....
...Now you know why 🇷🇺hasn't stopped the 🇺🇸🇺🇦 weapon flows yet, because too many happy customers right now who are HAPPY to drain our 🇺🇸weapon inventory while we can't re-stock them fast enough due to global logistic jam... 🇺🇸 is literally run by idiots.
1/ Many in the West still thinks Evergrande (EG) defaulting international bond won't be a big deal, since not all Western banks/Fis hold EG's bond, so this is not contagion... these people CLEARLy don't understand how CDO brought down BearStearns & Lehman
2/ You see, when EG default on international bond, it'll automatically shoot up all China's offshore corp bond yield, that is 1 big risk almost all Western banks are exposed to.
& then comes CLO & synthetic CLO; basically same thing as CDOs but it's corp bond instead mortgages.
3/ You see, during the height of China's economic miracle, plus after Trump negotiated trade deal with China, door was opened for MANY Western banks (GS, MS, etc.) to go into China & to buy JUNK debt, got all of them repackaged into CLOs & synthetic CLOs, & the circulate ...
1/ I'm still waiting for my side of intel to confirm, likely by this coming weekend. @HRGPFOREVER
But I can share a little more what I know & speculation based on what are already reported in news: I believe something is rapidly developing in the banking & currency sector,
2/ and we are about to see, seemingly out of nowhere, HUGE amount of liquidity will suddenly be released through the main street (but NOT through gov stimulus) sometime shortly before Oct.1, so that banks may suddenly be able to meet those new requirement by deadline.
3/ This is the requirement & deadline :
Goldman, Morgan Stanley, Deutsche Hit With The Fed's Highest Capital Requirements - Aug.2020 zerohedge.com/markets/goldma…
Keep eyes on them as this develops, I feel that they'll have great potential, especially after the major major crash & after the ultimate rotation begins.
Not like Tesla trying to do all by themselves (& now WAAAaay overvalued), the partnership deal that's going on between Nikola & GM is basically like "Apple & Foxconn"... this is BRILLIANT! This can put Nikola on a fast track of growth & up scaling.
1/ Many people gets upset why Trump suddenly went nuts to block WeChat. Although MSM doesn't say, I'll tell you why from tech (I was a computer programmer & network engineer before I started trading) & monetary perspective : most Chinese today use ... forbes.com/sites/tatianak…
2/ ...WeChat (& Alipay) to conduct everyday money transactions & transfers; this happens in & outside of China. True that spyware is part of the problem, but widespread & quickly expanding Yuan settlement system sitting in everyone's phone that can get around US banks & SWIFT...
3/ ...is THE REAL problem that can soon threaten $ if it's not put to stop ASAP. With digital Yuan rolling out with speed, it can be as simple as an app update to swap out app components/modules inside WeChat (& Alipay) to suddenly make all these app fully capable in running ...
After spending a long time in weekend reviewing all charts, I spot something I didn't see; here are my course corrections:
1/ 1st of all, more & more I see, the "mini spike" that I called out a week ago, it's not "mini" after all. It looks to me, it has leg!
2/ Yes, I still believe will go towards <= 0%. But ST, since 10Y has momentum, with many pro traders returning after Labor day, as QW-OpEx is shortly after, I see 10Y spike higher before doing a big throwover. I.e. 10Y surge is a head fake under macro deflationary pressure.
3/ If so, then can tank a little deeper before finding bottom, & surge soon after.
In that case, can do a big head fake & a throwover as well.