There Is No Fix
By Erik Wallbank.
Judy Sheldon asks a question: Why don’t we go first? Why wait for BRICS to back a currency with 40% gold? Why not take the lead—revalue gold and payoff US debt? That way we stop Saudi Arabia from dumping $800B/Treasuries/collapsing the system. Why wasn’t Saudi Prince, MBS, at the BRICS, at Kazan? Because, with $800B in Treasuries the US can mess with or simply take, he has to tread lightly.
So, if it’s all about money, and the US gold-backed the dollar, might MBS forget about BRICS?
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