Anyone ever hear of Operation Sandman? What more could we find out on this? If true, it's a good reason to buy precious metals & crypto.
(files.catbox.moe)
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If they were to do that they would all take massive losses.
They're taking massive losses right now.
Besides, we've been seeing Japan Central Bank and Chinese selling off record US Treasury Bonds (and those are the largest foreign holders of US Treasury Bills)
(Mar-16-2023) 17 Nations Keep Selling U.S. Treasuries in 2023, Germany France Ship Back the Fed's Gold Reserves. | Asian Quicktake
https://www.youtube.com/watch?v=X8pVAxAC2AQ
(Feb-22-2023) China Accelerates Dumping US Treasuries | Heresy Financial
https://www.youtube.com/watch?v=MrspE5v0diQ
(Sep-24-2022) Japan Just Kicked Off Global Treasury Dump | Heresy Financial
https://www.youtube.com/watch?v=9EVp5RAXpp0
There's no question the petro dollar is finished. 100+ nations simultaneously selling makes no sense. They are only hurting themselves. I would agree that maybe 100+ nations have decided to move away from the US dollar in a somewhat orderly matter.
My guess is that the headline is misleading. 100+ nations are agreeing to quit the dollar. Not for the purpose of collapsing the dollar but for their own protection.
Of course it will collapse the dollar but that is not the primary purpose of the 100+ nation agreement.
The first ones out of USD denominated debt stands to make the most. Last one out is a rotten egg.