BRIC Bank of America issues warning of-us dollar collapse
💸 US DOLLAR COLLAPSE 💵
https://watcher.guru/news/brics-bank-of-america-issues-warning-of-us-dollar-collapse#:~:text=Bank%20of%20America%20warned%20in%20the%20latest%20piece,Hartnett%2C%20Chief%20Strategist%20of%20Bank%20of%20America%20wrote. https://x.com/thehill/status/1765856467599417793 Setting the stage.
Prices will fall another 10% in 2024, he estimated, making for a 20% peak-to-trough decline. Some commentators have warned of an even more severe crash coming for commercial real estate. One NBER paper estimated that total losses in the CRE space could pile up to $160 billion.
- forward loans will reset at higher interest rates.
8-1 with gold. Is how it exists in nature and that is the historical price. Right now gold is at or near it highest price and silver is around 1/2 its highest price. It's about 100- to 1. The silver to gold ratio is very high now.
So my guess is 100-200 at a minimum.