Friday, January 17, 2025

De-dollarization is spreading and it’s not hard to see

from RT:

The major global economies are shifting and the clues are there for those who know where to look

De-dollarization is increasingly making headlines and signs of it are everywhere.

New sources of non-dollar finance are emerging. There are new bilateral agreements to trade and lend in currencies other than the US dollar. Even more importantly, major oil trade buyers and sellers – Moscow and Riyadh as much as Beijing and New Delhi – are agreeing to trade it in non-dollar currencies. These deals are destroying one of the main pillars of dollar dominance since OPEC quadrupled and then doubled oil prices in the 1970s, giving countries around the world a major reason to demand and hold dollars. 

Dig It! #186: Gun Laws, AI, Big Banks, World Bank & More

from Corey’s Digs:

TRUTH LIVES on at https://sgtreport.tv/

The boycotts are working: Keep PUNISHING “woke” corporations by denying them your financial support

by Ethan Huff, Natural News:

Not long after Anheuser-Busch decided to make a mockery of women by honoring transgender male-in-drag Dylan Mulvaney, Bud Light sales fell by 26 percent. This is proof that voting with your wallet really does work to punish companies for going “woke.”

The same is true of Fox News, which lost half of its viewers in the 8pm nightly time slot after it canned conservative commentator Tucker Carlson. In the days after Carlson was let go, that same time slot saw more viewers watch Chris Hayes at MSNBC.

WAGNER GROUP WARNS RUSSIA THAT THEY MAY EXIT BUKHMUT DUE TO LACK OF AMMO

by Harvey Organ, Harvey Organ Blog:

THE CROOKS RAID GOLD AND SILVER ON PHONY JOBS REPORT: GOLD CLOSED DOWN $30.30 TO $2016.90//SILVER CLOSED DOWN 31 CENTS TO $25.64//PLATINUM CLOSED UP $20.95 TO $1062.20 //PALLADIUM WAS UP $45.75 TO $1504.40//COVID UPATES/DR PAUL ALEXANDER/VACCINE IMPACT/SLAY NEWS//RUSSIA VS UKRAINE UPDATES/SUDAN WAR UPDATE//WAGNER GROUP WARNS RUSSIA THAT THEY MAY EXIT BUKHMUT DUE TO LACK OF AMMO

World Economic Forum Wants to Make You a Serf

by Jim Bovard, Discern Report:

The January meeting of the World Economic Forum (WEF) in Davos, Switzerland, should have set off alarms among freedom lovers around the globe. The annual confab of billionaires, political weasels, and deranged activists laid out plans to further repress humanity. But at least the gathering provided plenty of comic relief for people who enjoy elite buffoonery.

Self-worship is obligatory in Davos. John Kerry, Biden’s Special Presidential Envoy for Climate, hailed his fellow attendees as “extraterrestrial” for their devotion to saving the earth. Greenpeace complained that “the rich and powerful flock to Davos in ultra-polluting, socially inequitable private jets to discuss climate and inequality behind closed doors.” Being a climate change activist is “the privilege of rich and elite folks” who want to force people to use unreliable and ineffective wind and solar for energy, according to Daniel Turner of Power the Future.

Record Silver Demand in 2022 and Other Silver News

by Peter Schiff, Schiff Gold:

All major categories of silver demand charted highs in 2022, contributing to a new total global silver demand record of 1.242 billion ounces.

This is one of several silver-related stories in the latest edition of Silver News published by the Silver Institute.

Industrial demand was up 5% last year to 556.5 million ounces, driven by rapidly increasing use in the green technology sector. Industrial offtake makes up nearly half of all silver demand.

The Fed’s Interest Rate Hike Could Create A “Domino Effect” Of Regional Bank Failures

by Mac Slavo, SHTF Plan:

The banking and financial crisis is far from over. Yesterday, the Federal Reserve hiked interest rates yet again to “fight” inflation, however, this could create a “domino effect” of regional bank failures. PacWest Bancorp is now considering a sale or “other moves” to keep it “solvent” for the time being.

The Fed raised the benchmark federal funds rate to a range between 5% and 5.25%, which is the highest level since 2007, at a time when bank customers are already feeling anxious after a string of recent bank failures.

Prepare For An Economic Emergency Or Recession

BREAKING: 2023 Banking Collapse Just ECLIPSED 2008!!! Market to Lose 45% by Fall, Experts Say

from Man in America:

TRUTH LIVES on at https://sgtreport.tv/

France on strike

by Claudio Grass, Claudio Grass:

The roots of the injustice that brought over a million to the streets 

It is the core of a long running joke that the French love to strike more than they like to work – and for good reason. Demonstrations, strikes and even riots, have been a common occurrence for decades. However, this latest round seems to be interestingly persistent, despite the fact that it’s receiving increasingly sparse media coverage.

OPERATION BANKING SYSTEM COLLAPSE

from State Of The Nation:

Controlled Demolition In Progress of All Banks That Are Not TOO BIG TO FAIL

But what exactly are the Khazarian banksters up to with this black operation?

Just going to leave this here for now #BankFailures

Fed’s Balance Sheet Plunges by $230 Billion in 6 Weeks, Biggest such Plunge in 14 Years

by Wolf Richter, Wolf Street:

Massive gyrations on the balance sheet after FDIC’s take-down of First Republic, sale of its assets to JP Morgan, and FDIC’s loan to JPM.

Today we were served a special spectacle on the Federal Reserve’s weekly balance sheet. Total assets dropped by $59 billion in the week, and by $230 billion in the six weeks since peak bank bailout, to $8.50 trillion, as QT continued on track with a big Treasury securities roll-off, and as First Republic, the FDIC, and JP Morgan were splattered all over this balance sheet.

This Debt Ceiling Fight is Truly Different This Time

by Tom Luongo, Tom Luongo:

Now that we’re post-FOMC and ECB we have a clear playing field for another 6 weeks. The US debt ceiling theater is now center-stage along with completing the transition away from LIBOR, which will become an anachronism at the end of Q2.

SOFR will be the law of the land in the US come July. The change over from LIBOR is effectively complete with LIBOR-based Eurodollar Futures now consigned to the dustbin of history.

Bishop Athanasius Schneider: Vatican 2.0 Accommodates Neo-Marxism

from Bannons War Room:

TRUTH LIVES on at https://sgtreport.tv/

Vice Follows Buzzfeed Into Financial Collapse

by C. Mitchell Shaw, The New American:

It appears that another left-leaning media outlet is going under. Just weeks after fellow traveler Buzzfeed shut down and became a part of HuffPost’s brand, Vice appears to be headed toward bankruptcy. Vice — valued at nearly $6 billion in 2017 — has been unable to find a buyer willing to pay even the $1 billion sales price needed to save the company from declaring itself insolvent.