Jim Rickards was saying that Trump’s new deals with Saudi Arabia, Qatar, and the UAE are meant to be like a Petrodollar 2.0 deal.
I think they know a world war is coming over the future of the global financial system and they’re making sure they have allies in the Middle East who will try to keep the Petrodollar going.
Today UAE’s foreign minister, Abdullah bin Zayed, said: “Hamas must release hostages and leave Gaza.” Trump needed their support and his tiff with Bibi was fake. I’m glad they’re leaving because as everyone knows there can and will never be a peaceful solution there. Trump wants to move them to Libya in exchange for billions of Libyan dollars the U.S. froze decades ago. Frozen $$ always seems to conveniently turn up, like the $9 billion Obama left on the tarmac for Iran. The Fed must have a huge freezer full of money!! It’s probs in Antarctica.
Ricards sounds like a moron. The math is clear. Fine, Saudi buys some stuff. 2 trillion. Big deal. It's a rounding error. 200 trillion in unfunded future promises.
All of it is fake. Coincidence that the downgrade was announced right after the market close on a Friday? Don’t think for a second that Moody’s wasn’t part of the plan, what better a way to double your profits than by riding a BS wave to the top, selling then buying a ton of puts and releasing the news after market close.
Only those in the know are allowed to profit from said scenario.
Common usage often trumps proper grammar. "Data" has become also a word for a collection of information, and "collection" is singular. Here's what Google's AI says:
"Yes, in common usage, "data" can be considered singular. While it's the plural form of "datum," it's often used as a mass noun to refer to information as a whole, similar to how "information" is used. In scientific and formal contexts, "data" is usually treated as plural, referring to individual pieces of information."
One of the things that irks me in common usage is the pronunciation of "fentanyl" as fentanol. An "-ol" ending implies that fentanyl is an alcohol. Fentanyl is not an alcohol. There is no such thing as fentanol.
ChatGPT says China reduced but overall world demand went up. Foreign holdings of U.S. Treasury debt have shown a mixed trend in recent years. While total foreign investment in U.S. Treasuries reached a record high of $9.05 trillion in March 2025, some major holders, notably China, have been reducing their positions.
Reuters
MSMF
+1
GuruFocus
+1
📉 China's Declining Holdings
China's holdings of U.S. Treasuries have been on a downward trajectory, decreasing from over $1.3 trillion in 2011 to $765.4 billion by March 2025. This decline reflects China's strategy to diversify its foreign exchange reserves, including increased investments in U.S. agency bonds and gold .
Financial Times
📈 Overall Foreign Investment Trends
Despite China's reductions, overall foreign investment in U.S. Treasuries has increased. In March 2025, foreign holdings rose by over $233 billion from the previous month, marking a nearly 12% year-over-year increase. Japan remained the largest foreign holder with $1.13 trillion, while the UK surpassed China to become the second-largest holder with $779 billion
So question to Greg. Do you think that the Trump visit to Saudi Arabia was to ask for them to invest in our bonds and that's part of the 2 trillion. Just curious. Thanks Greg
Thanks Greg. Again you keep us ahead of the curve.
They can keep on faking the news all they want. Truth will shine.
Jim Rickards was saying that Trump’s new deals with Saudi Arabia, Qatar, and the UAE are meant to be like a Petrodollar 2.0 deal.
I think they know a world war is coming over the future of the global financial system and they’re making sure they have allies in the Middle East who will try to keep the Petrodollar going.
Today UAE’s foreign minister, Abdullah bin Zayed, said: “Hamas must release hostages and leave Gaza.” Trump needed their support and his tiff with Bibi was fake. I’m glad they’re leaving because as everyone knows there can and will never be a peaceful solution there. Trump wants to move them to Libya in exchange for billions of Libyan dollars the U.S. froze decades ago. Frozen $$ always seems to conveniently turn up, like the $9 billion Obama left on the tarmac for Iran. The Fed must have a huge freezer full of money!! It’s probs in Antarctica.
Trump is a globalist. Musk is a WEF 'Young Global Leader'. Kushner is cutting the deals behind the scenes.
They are ALL globalist!
💯
Ricards sounds like a moron. The math is clear. Fine, Saudi buys some stuff. 2 trillion. Big deal. It's a rounding error. 200 trillion in unfunded future promises.
All of it is fake. Coincidence that the downgrade was announced right after the market close on a Friday? Don’t think for a second that Moody’s wasn’t part of the plan, what better a way to double your profits than by riding a BS wave to the top, selling then buying a ton of puts and releasing the news after market close.
Only those in the know are allowed to profit from said scenario.
"Stay Calm! All is Well!!!!"
- the Liars
Maybe the FED is a "foreign" holder🤦
They'd have to be!
The only reason they don't dump more is they are afraid of being bombed.
Not only that, the headline uses incorrect grammar. "Data" is always plural. "Data Show" not "Data Shows." They need a better proofreader.
Common usage often trumps proper grammar. "Data" has become also a word for a collection of information, and "collection" is singular. Here's what Google's AI says:
"Yes, in common usage, "data" can be considered singular. While it's the plural form of "datum," it's often used as a mass noun to refer to information as a whole, similar to how "information" is used. In scientific and formal contexts, "data" is usually treated as plural, referring to individual pieces of information."
One of the things that irks me in common usage is the pronunciation of "fentanyl" as fentanol. An "-ol" ending implies that fentanyl is an alcohol. Fentanyl is not an alcohol. There is no such thing as fentanol.
THANKS FOR TELLING US THE TRUTH!
Hilarious! LOL!
The Fed/Central bank Is a foreign holding right?
ChatGPT says China reduced but overall world demand went up. Foreign holdings of U.S. Treasury debt have shown a mixed trend in recent years. While total foreign investment in U.S. Treasuries reached a record high of $9.05 trillion in March 2025, some major holders, notably China, have been reducing their positions.
Reuters
MSMF
+1
GuruFocus
+1
📉 China's Declining Holdings
China's holdings of U.S. Treasuries have been on a downward trajectory, decreasing from over $1.3 trillion in 2011 to $765.4 billion by March 2025. This decline reflects China's strategy to diversify its foreign exchange reserves, including increased investments in U.S. agency bonds and gold .
Financial Times
📈 Overall Foreign Investment Trends
Despite China's reductions, overall foreign investment in U.S. Treasuries has increased. In March 2025, foreign holdings rose by over $233 billion from the previous month, marking a nearly 12% year-over-year increase. Japan remained the largest foreign holder with $1.13 trillion, while the UK surpassed China to become the second-largest holder with $779 billion
The entire economy is readjusting.
Events of this magnitude are never painless.
Tangibile assets and strong nerves will be the best weapons to pass the storm
Japan has publicly threatened to dump US treasury's over the tariffs.
The world is running from the dollar
And they expect us to believe that bullshit!
So question to Greg. Do you think that the Trump visit to Saudi Arabia was to ask for them to invest in our bonds and that's part of the 2 trillion. Just curious. Thanks Greg
Generally its not the POTUS job to peddle debt, that is the job of the US Treasury, but you never know.
Greg, completely unrelated, but thanks for letting us know about Buffet dumping his airline stocks before 9/11
Well done Greg and thanks once again for all this info. Cheers mate