Bo Polny | Wo With Bo (Party 7) | Gold Hits All-Time High!!! (12.1.23) "UAE Made Decision to Move Away from U.S. Dollar In Oil Trade Dealings. Saudi Arabia (& China) Has Been Selling Its Holdings of U.S. Treasuries." + Russia to Chair BRICS
Gold | “If we had a dollar crisis, gold would have to go up 19X to match the price level it was at in 1980 relative to foreign treasuries outstanding ($42K). 3x to 6x, that’s just getting back to long-term avg.” - Luke Gromen
Dollar | U.S. Dollar At Risk? | "Recently Many Countries Have Been Selling Billions of Dollars of U.S. Treasuries. Saudi Arabia's Holdings Are Down 40% Since 2020." - Lena Petrova, CPA (September 11th 2023)