/biz/ - Business and Finance

Luke Gromen explains that the most likely course of action by the US Treasury/FEd will be to let the US government bond situation get highly stressed (dropping bond values/increasing yields) until the institutions cry uncle, and then whip out Judy Shelton's gold backed bond scheme AND REVALUING gold to $22k/oz and using the $6 trillion to buy up a bunch of the now devalued (high interest = low market value) bonds at a discount.

> Bondholders get rugpulled

> Dollar gets devalued

> A bunch of debt gets written off at a discount via an accounting trick

> Dollar holders worldwide cry

> Gold and silver stackers win.

Can Gold Save Bonds If The Fed Fails? Luke Gromen Details His Solution!

>>14240

Alesdair Macleod says something similar to Luke Gromen, namely, foreign holders will sell US assets like equities and bonds, including treasuries to raise dollars to cover $USD denominated debt and energy costs.

He points out that the endgame is always inflation. Gromen elucidates the specific mechanism: The US Treasury market at any cost, must NOT allowed to break, as default is not an option when US dollars comprise the world reserve currency, and US Treasuries comprise the main world reserve asset held by banks, pension funds and insurance companies, as well as central banks.

Gromen gives specific indicators, namely, when the USA has interest and interest like obligations (entitlements & veteran's pensions & bnefits) that exceed 100% of government revenues, and bond rates rise which is where we are right now.

All roads lead to fiat inflation.

>SUDDEN COLLAPSE! Alasdair Macleod Issues URGENT WARNING!

>>14238

thanks :)