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HKSLIVER

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Posts posted by HKSLIVER

  1. 14 hours ago, SilverStorm said:

    Umm...be careful what you wish for.   It might come and bite you.  

    Dedollarization = collapse of US dollar as global reserve currency = global SHTF.  Dedollarization will happen, but I hope not in my lifetime.  Because if you think economic conditions are bad now, you ain't seen nothing yet.   

     

    the world is monopoly by USD for a long time.

    If dedollarization is happened, the economics must be panic. But I dont think it is bad for the future.

  2. 15 hours ago, Mox said:

    Oh...no. The link is dead now.

    But I found below from my friend. This time I post the text not the link.

     

    The Central Bank of Russia has officially announced that, as of March 28, 2022, the Russian Ruble currency is BOUND to Gold.  The rate is 5,000 Rubles per gram of gold bullion.

     

    There are 28 grams in each ounce.  28 grams times 5,000 rubles per Gram is 140,000 Rubles.   Ya with me so far?

     

    The conversion rate of Rubles to U.S. Dollars is 100 Rubles, 90 Kopecs, to each US Dollar.

     

    If Rubles are bound to Gold at 5000 Rubles per gram, and there are 28 grams per ounce, meaning one ounce of gold would cost 140,000 Rubles, then converting that to US Dollars means Gold is $1400 per ounce when using Rubles, instead of $1,928 per ounce using Dollars.

     

    Russia just wiped out about thirty percent (30%) of the value of the US Dollar, worldwide, when it comes to Gold Bullion.

     

    People around the world will be literally THROWING their money at the Ruble and DUMPING Dollars and EUROS to do it.

     

    What Russia just did is the financial equivalent of detonating a nuclear bomb

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