Jim’s Mailbox

Posted at 8:21 AM (CST) by & filed under Jim's Mailbox.

Jim,

Had readers listened to you and Bill on Saturdays talks they would have known this was coming.

Dave

“The Dollar Is Becoming Toxic” – Russian Intel Chief Slams “Aggressive, Unpredictable” US Behavior
June 19, 2019

With the latest TIC data showing China following Russia’s lead and reducing its US Treasury exposure (to two-year lows), as it increases its gold reserves (for six straight months), the unipolar US hegemon faces an ugly trend among the ‘rest of the world’ attempting to de-dollarize, as Sergey Naryshkin,  director of the Russian Foreign Intelligence Service, calls the US dollar is an anachronism of the modern world economy.

 

 

 

 

 

 

 

 

 

Countries across the globe, including Russia, China, India, and others, have been working to diversify their foreign reserves away from the greenback.

 

 

 

 

 

 

 

 

 

More…