Rethinking the Dollar

On Wednesday, tanks belonging to the #CCP rumbled into the streets of Henan, #China, in an attempt to terrify #bankprotesters who were demonstrating against their frozen funds. People's savings at the Bank of China's Henan branch have been declared 'investment goods' and cannot be withdrawn, causing this occurrence.  

Frustrated Panamanians have taken to the streets in protest for more than a week, building upon anger over fuel prices that have nearly doubled to make known their general dissatisfaction with the government.

The money made in the second quarter stinks. Everything that has to do with stocks and bonds is hurting. Investment banking income is down by about a third to a half from one year to the next.  How will the R-word, or recession, affect banks in the second half of the year? This is an important question.

Putin’s comments reference the involvement of the United States in providing support to Ukraine and also placing sanctions on Russia.  “This is the beginning of the transition from liberal-globalist American egocentrism to a truly multipolar world.”  Putin said the transition “can no longer be stopped.”

Goldmining Inc CEO Alastair Still joins us today to discuss the financial system and how gold has fared well in times of crisis like these. Precious metals have shown to be a safe haven in times of disaster, regardless of the type of catastrophe.

The #economy is a source of concern. At this point, political events cannot obscure the turbulence in the economy. A rising #dollarindex, inflated #payroll figures, and falling #mortgagerates are all poor markers of global economic #health.

#Zimbabwe is set to introduce #gold coins that will enable #investors to store value within the country as #inflation spirals out of control and the local #currency continues to rapidly devalue against major currencies. China's influence has grown so strong that every decision made by the Government of Zimbabwe is in the interest of its colonizers.

The greatest approach to avoid the economic anguish and unhappiness that comes with financial stress is to keep your #purchasingpower stored in a safe and secure long-term inflationary hedge. As a result of excessive #inflation or #debt reductions via #deflation. #Metals are the actual #money at the end of this monetary experiment because they help to preserve #wealth over time.  

Today, Sean Reynolds, the Customer Service Manager at BullionMax, joins us to talk about what it's like to help families get through these uncertain economic times from the other side of the table. During this RTD Interview, you'll learn more and get more analysis.

During the imminent breakdown of the global financial system, the value of #cryptocurrencies like #Bitcoin will plunge while the value of precious metals will surge. This summer we will see a lot of fireworks in the global economy but in the end, #silver soars.

The global power showdown is underway between the #BRICS and the #G7. Russia seems to be leading the charge and threatening the Western hegemony with its usage of #gold. The #sanction threat against Russia has caused more harm to the world than Russia and so the G7 have stepped up their attack.