24 Mar 2023 7:47 am
Currently, oil is traded in dollars which keeps the demand up. I fear that the moment that stops, the dollar will collapse and fast.DeezerShoove » 23 Mar 2023, 4:44 pm » wrote: ↑ A reserve currency seems like it's on its way out anyway.
Nobody has backing for **** these days.
I posted an article a few years ago about the big gold bullion theft.
Supposedly the 27 lb ingots had been drilled out and the void replaced with tungsten ($10/lb).
Nobody knows exactly how much has been stolen/exchanged.
Not easy to detect since tungsten has about the same weight and density as gold.
IOW we were already **** years ago.