Dear Reader,
Today I want to talk about the Trump tariffs.
(No, you don’t have to adjust your screen, and I haven’t gone hipster. It’s actually really cold here this morning! This hat is keeping my head warm.)
---ACTION REQUIRED---
NOTICE: Our next “Income Alert” will be issued Tomorrow at 2PM est sharp…
To claim your piece of the $8 billion Big Pharma is legally obligated to pay out…
…make sure you go here now to get on the list.
But you have to get in now to be on our distribution list.
If you’re too late, you’ll see a “Membership Closed!” notice and will not be allowed in.
Get on the list before it closes >>>
===
Trump has proposed 100% tariffs on any country that ditches the dollar for trade.
Basically, doubling the cost of any of their imports.
He’s really focusing this message on the BRICS countries – Brazil, Russia, India, China, and they’ve added a few – South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.
What these countries have been doing is talking about how to ditch the dollar for trade.
They’ve been talking about creating their own currency.
Now, I’m not a believer that a BRICS currency would really ever work because those countries have such different geopolitical interests.
For example:
Russia and China are friends and enemies – frenemies.
India is enemies with China and friends with Russia.
They all have competing visions for how the world should work, and their own relative power position in it.
So what are they going to do to ditch the dollar for trade?
First of all, let me just remind you, ditching the dollar for trade would immediately make the United States 25-30% poorer.
And that’s not just my opinion – President-elect Trump said himself, if the U.S. dollar loses its status as the world’s reserve currency, that would be worse than losing any war.
There is absolutely no question about that, because having the dollar as the world’s reserve currency finances everything. It allows us to sell bonds, finance Medicare, Medicaid, the military, you name it.
So it’s very important for us.
And it’s very much in our best interest to have that.
But Trump is saying that any country that ditches the dollar for trade is going to pay 100% tariffs.
It’s going to be interesting to see how other countries respond to that.
Remember, this kind of “big bang” happened when the Biden administration froze the central bank assets of Russia after it invaded Ukraine…
This has basically been a disaster.
What it has done is forced other countries to say, OMG… the central bank assets, the foreign reserves, have never been frozen before by the U.S. – basically anything we own – any foreign reserves – could be grabbed by the United States at any time.”
That was an unprecedented thing the Biden administration did.
And I’m telling you – it’ll go down in history as a historic mistake.
Because it incentivized counties like Russia and China to look for alternatives to the U.S. dollar.
That’s why we’ve seen the sudden rush in gold…
They’ve been buying gold by the ton every single month to reduce their dependence on the dollar.
Because remember, if you’re China and you have $3 trillion in foreign reserves, you say to yourself, they took Russia’s $700 billion… they could take our $3 trillion in reserves that quickly…
So all this excess cash we get every month from trading with other countries, instead of buying dollar-denominated assets, let’s put it into gold.
That’s why the price of gold has been rising and is expected to continue rising.
In the long term, I’m bullish on gold.
Trump’s 100% tariffs threat to any country that shuns the dollar is a big deal. It’s going to be interesting to see how these other countries – many of which are proud countries – react to Trump’s threat.
No matter what happens, we have a survival guide we put together for this situation.
It’s the whole story of Biden’s biggest mistake…
How the BRICs have responded…
And most importantly, what to do now:
Step 1: My red-flags list – check your accounts for the stocks most likely to get crushed in this “economic war.”
Step 2: My top ways to hedge yourself from dollar volatility and profit from gold’s historic rise.
Step 3: My top “special situation” opportunities to make 4-5X your money or more as this plays out.
Here’s the report: China Attacks the U.S. Dollar: 3 Steps to Take to Prepare for Economic War
ليست هناك تعليقات:
إرسال تعليق