MIKECRISTO
China has launched their tokenized digital petroyuan backed by gold in the mbridge.
China’s RMB just replaced the petrodollar
The U.S. Treasury should have immediately launched their gold reserves to protect the U.S. Dollar from hyperinflation
As 60% of the worlds population immediately dumps the dollar.
The fact that it’s not forthcoming (U.S. gold revaluation) tells you the U.S. Treasury doesn’t have any gold.
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MikeCristo8
The world needs to understand the U.S. Treasury bond market is funded off the world needing dollar reserves aka bank derivatives (off balance sheet dollars).
When the Petrodollar ends on June 9th, there is no need for the world to hold U.S. Treasuries as the global world reserve asset in the oil trade.
The Japanese yen will hyperinflate against their U.S. Treasury holdings.
Japan will be forced to liquidate all their dollars and U.S. treasuries that fund the Gates Foundation,
The Gates Foundation will fold. Melinda Gates leaves the Gates Foundation on Friday June 7th, two days before the petrodollar ends (June 9th). Bill and Melinda Gates knew the petrodollar was going to end.
Coincidence? No? The monetary even is going down NOW!
If anyone believes Donald Trump (or Joe Biden for that matter) will be President on November 5th, I have a bridge to sell you!
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Adam Gaertner
@veryvirology
Anything concrete re: the 9th?
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MikeCristo8
@MikeCristo8
U.S. Treasury must roll over $10 trillion in bonds, of which they don’t have the money. Saudi is protecting their oil against a collapsing fiat dollar. The Fed isn’t going to print this kind of money.
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Jack Straw
@JackStr42679640
June 9th the Agreement between United States and Saudi Arabia to sell Saudi Oil in USD exclusively ends. Saudi Prince has already notified U.S. that this agreement will NOT be renewed and they will no longer accept USD.
Video: https://x.com/i/status/1796618863599370263
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MikeCristo8
@MikeCristo8
It means state banks can link up to M-BRIDGE, bypassing the SWIFT system and interface with the PBoC and the state banks could then potentially hold RMB as reserves.
===>>>>> This would allow China to control the gold price inside the U.S. state banking system!
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MikeCristo8
@MikeCristo8
Does the world want dollar loans backed by nothing, or do they want RMB loans backed by gold?
https://dinarevaluation.blogspot.com/2024/06/petrodollar-ends-on-9th-june-by.html
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