Mastodawn

Bloomberg: “ #Preciousmetals, #oil and #commodities are rising despite the dollar’s rebound, even though they are priced in #USdollars. This demonstrates that these #hardassets are the true #hardcurrency during this extraordinary period.” Hong Hao, Chief investment officer, Lotus Asset Management

Christoph Merk Jan 18

Should the #UnitedStates, #Trump, buy #Greenland it would only do this in #USdollars. Currently the United States holds approximately 8100 metric tons of physical #gold in its vaults. That is currently approximately $1 trillion… way too little as a price tag for Greenland. They would never ever give all of its gold away and issue extra bonds. That alone shows how absurd the idea of buying Greenland is.

Don Curren 🇨🇦🇺🇦May 28, 2025

“About 80% of all cross-border #trade (outside Europe) is invoiced in #USdollars. At least 40% of the paper US dollars in circulation by value, worth more than $1 trillion, are held outside the #UnitedStates.” annpettifor.substack.com/p/balshazzar...

Balshazzar’s Feast, the US dol...

Bluesky

Bluesky Social

Don Curren 🇨🇦🇺🇦May 5, 2025

Bloomberg: #Taiwan’s #dollar surged as much as 5%, the biggest jump since the 1980s, on speculation #exporters are rushing to convert their holdings of #USdollars to the island’s #currency. The #volatility shows how an exodus from the world’s #reservecurrency can ripple through #financialmarkets.

Bluesky

Bluesky Social

🪬🍄🌈🎮💻🚲🥓🎃💀🏴🛻♓🧿Nov 17, 2024

The US Dollar is FUCKED!

https://www.bbc.com/news/articles/ckg79y3rz1eo

#dedollarization #brics #china #tariffs #trade #southAmerica #dollar #usdollars

China megaport paves way into Latin America as wary US looks on

A new China-backed megaport in Peru may create whole new trade routes that will bypass North America entirely.

LilMikeSF Aug 2, 2024

#WaPo writes up mysterious $10m cash in #USDollars bagged up at behest of Egyptian govt in #Cairo right before #Trump's inauguration in 2017, that those in know, say #FBI considered a welcome to #DC gift from #Egypt Pres El-Sisi to new US #Prez. After #MuellerInvestigation unearthing, #BillBarr killed off any additional inquiry.

https://wapo.st/3SxAkvO #GiftLink #SubscriberReward #PaywallFreeLink

$10M cash withdrawal drove secret probe into whether Trump took money from Egypt

Then political appointees shut the case down.

The Washington Post

🪬🍄🌈🎮💻🚲🥓🎃💀🏴🛻♓🧿Jun 14, 2024

>Saudi Arabia has not renewed its petrodollar agreement and has decided to ditch the US dollar to trade oil in multiple currencies.

https://timesofindia.indiatimes.com/videos/toi-original/saudis-mbs-shocks-america-dollar-dominance-could-end-as-riyadh-chooses-not-to-renew-u-s-oil-deal/videoshow/110975789.cms

#dedollarization #brics #dollar #finance #money #saudi #usdollars #petrodollar #currency #bitcoin #cryptocurrency

Saudi's MBS Shocks America; Dollar Dominance Could End As Riyadh Chooses Not To Renew U.S. Oil Deal

Saudi Arabia has reportedly decided not to renew its 80-year petro-dollar deal with the U.S., marking a significant shift with potential implications for the oil market. The deal, which expired on June 9, had long been a cornerstone of U.S. global ec

Times Of India