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Dave Wood's avatar

The de-dollarization is happening like a game of Jenga. One block at a time. The next block is a new BRICS currency backed by gold and other commodities and agreements to trade in mutual country currencies and not in U.S. Dollars. The petro dollar is losing its status given the Saudis are accepting other currencies for oil purchases. And nothing the US including its military can do to stop it unless the US provokes Russia 🇷🇺 into a nuclear conflict.

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robert stiles's avatar

Last week Wells Fargo bank closed one of two branches in my southern Utah town of 40k population. Last thursday at 10 PM I tried to get money from the one ATM on site. You guessed it the ATM was out of cash.

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