Sell what? Dollars? Because Gold went up today & the stock market went up as well (the stock market started to go up 5 min after gold & corrected before the end of the day. Gold ended on a high
Well, I'm no expert but I have some FAZ which is an ultra inverse of the financial markets. Because it's an ultra it tends to go down over time so it's been basically steady over the slow market collapse. Of course, if the system goes down will I even be able to cash out is a good question. I certainly have a store of precious metals
A top Iranian official announced this week that Iran and Russia had integrated their interbank communication and transfer systems to help enhance trade and financial operations in an effort to bypass strict economic sanctions on their financial infrastructure.
With the signing of the agreement, 52 Iranian and 106 Russian banks are connected through the Russian Financial Message Transfer System, which will facilitate economic relations between the two countries, said Deputy Governor of the Central Bank of Iran Mohsen Karimi. — The Cradle
Well Moscow is 8 hours ahead of EST, Tehran 8 1/2 hours & Bejing 13 hours. If it was Russia that means they did it between 6 and 11AM their time. If Iran, 6:30 - 11:30, their time, if China 11AM - 4pm their time. Could be any of them but I would doubt that China would do an operation this size when all the head guys are on lunch. by the time signatures, I would guess Iran. They started it 1st thing in the morning & made sure to finish up before lunch.
So Iran is buying gold, probably some requirement that Russia made them do to enter this deal. Thanks for all the info & for brainstorming with me on this fren! Any else we can discern from all this?
Thanks fren,
Sell what? Dollars? Because Gold went up today & the stock market went up as well (the stock market started to go up 5 min after gold & corrected before the end of the day. Gold ended on a high
I figure sell stocks. Sell dollars? Possibly. Definitely not gold.
But what the hell do I know?
Well, I'm no expert but I have some FAZ which is an ultra inverse of the financial markets. Because it's an ultra it tends to go down over time so it's been basically steady over the slow market collapse. Of course, if the system goes down will I even be able to cash out is a good question. I certainly have a store of precious metals
(I of course have some DWAC too ;)
I saw this today, fren.
Iran, Russia integrate banking systems
A top Iranian official announced this week that Iran and Russia had integrated their interbank communication and transfer systems to help enhance trade and financial operations in an effort to bypass strict economic sanctions on their financial infrastructure.
With the signing of the agreement, 52 Iranian and 106 Russian banks are connected through the Russian Financial Message Transfer System, which will facilitate economic relations between the two countries, said Deputy Governor of the Central Bank of Iran Mohsen Karimi. — The Cradle
Well Moscow is 8 hours ahead of EST, Tehran 8 1/2 hours & Bejing 13 hours. If it was Russia that means they did it between 6 and 11AM their time. If Iran, 6:30 - 11:30, their time, if China 11AM - 4pm their time. Could be any of them but I would doubt that China would do an operation this size when all the head guys are on lunch. by the time signatures, I would guess Iran. They started it 1st thing in the morning & made sure to finish up before lunch.
So Iran is buying gold, probably some requirement that Russia made them do to enter this deal. Thanks for all the info & for brainstorming with me on this fren! Any else we can discern from all this?
Yes, thank you for the discussion! I'm keeping my eyes open!
edit: u/inspoken. I've been waiting for this follow up article
https://badlands.substack.com/p/the-master-builder?utm_medium=email