by Matthew Piepenburg, Gold Switzerland:
Ever since day-one of the predictably disastrous and politically myopic insanity of weaponizing the world reserve currency against a major power like Russia, we warned that the USD had reached an historical turning point of slow demise and increasing de-dollarization.
We also warned that this would be a gradual process rather than over-night headline, much like the slow but steady death of the USD’s purchasing power since Nixon left the gold standard in 1971:
Thousands of farmers in Germany are rising up to protest the World Economic Forum’s takeover of the nations food supply.
GOLD CLOSED DOWN $0.20 TO $2029.80 /SILVER CLOSED DOWN 15 CENTS TO $23.77//PLATINUM CLOSED UP $21.35 TO $914.00 WHILE PALLADIUM CLOSED UP $25.85 TO $949.90//MUST SEE GOLD COMMENTARY TONIGHT FROM JAN NIEUWENHUIJS ON EUROPE’S SECRET DEAL WHEREBY GOLD IN EACH NATION SHALL BE 4% OF GDP//OTHER GOLD COMMENTARIES TONIGHT FROM CRAIG HEMKE AND ALASDAIR MACLEOD//HAMAS VS ISRAEL: MANY SURRENDER IN JABALYIA BUT DIFFICULT TO TELL WHO IS HAMAS AND WHO IS CIVILIAN//ISRAEL IN DEAD CENTRE OF KHAN YOUNIS AND SURROUNDS THE CITY//LT COL RICHARD HECHT REPORTS//COVID UPDATES/VACCINE INJURIES/DR PAUL ALEXANDER/SLAY NEWS//VENEZUELA TRYING TO STEAL GUYANA’S OIL FIND//USA BLOCKS PASSAGE OF AID TO UKRAINE//MORE USA NEWS
A senior economic advisor for former President Trump has warned that waning demand for EVs suggests that they’re poised to be a massive market flop.