Germany and Italy look like they are about to onshore their gold from the US as well. Maybe they already are secretly. It's not something I would make public till afterwards. Like the Dutch. For some time now the same has also been happening with long term US bonds - now at a record price. Serious players, the ECB, individual EU countries, China and Japan amongst others, have been quietly, what they call publicly, 'balancing' their holdings i.e. steadily selling US bonds in comparatively small but appreciable double digit quantities. Looks like the aim is to do it gradually so as not to spark a major crisis. The gradual sell off is ongoing and has been for some time now. It is clear what is happening. The still free world no longer even has any confidence in the economy of the now Putinized and anti-enlightenment US. We have learned from history that such systems always impoverish their people first before ending in collapse. Usually a horribly bloody, chaotic collapse. Everyone including now the board of the Netherlands Central Bank knows that even if Trump is removed, or neutered in November the problem remains. He is but a symptom and symbol. He stands for the US as a whole. Millions and tens of millions of Americans who freely elected him and do his will with fervor. Worship him. Just like Hitler and Stalin and yes, his hero Putin, who were all also products of their countries, supported and loved even to this day by tens of millions. Millions upon millions who enjoyed being cruel to their fellow humans, leaping at the chance and justifying it with pathetic, bigoted, extremely dumb excuses. For whom war is nothing but a sideline to make a mark (or dollar). The remainder squeaking rabbits in the headlights. Transported off to labor and extermination camps their very neighbors had had built for them. And we watch the performative cruelty, murdering militias and public abuse, the undermining and failure of public law and institutions, the capture of the courts, the mass incarcerations and deportations now unfolded across the US. And close our ranks in a darkening world.
Create an account or sign in to comment