Keep an open mind, or get financially repressed- Z. Pozsar Feb 1
Truly the macro world is waking up to the eventuality of Bretton Woods 3 concepts and their implications to markets, trade, and of course Precious Metals.
Warning: this next comment will sound extremely immodest.
It’s quite frightening how spot-on our calls were in handicapping the path from: the Covid-created Supply Chain crises to Complexity Collapse (aka deglobalization) to rebirth of Mercantilism (aka multipolarity of money) to return of Gold as international settlement necessity.
Frightening because, it occurred in 18 months. That was not supposed to happen. Frightening because of the lack of pushback by the West to defend G7 status by working with (or even against) the BRICS nations in this equation.
It is almost as if they do not care. Leaders are seemingly acquiescing to the changes coming; and we do not like it. We just keep getting fed escalation in domestic issues and war propaganda megaphoned by MSM while our children’s futures potentially fall apart.
The life boats are filling up with Elites looking to buy feathered nests in Singapore using Bit-Petro-Golden-Yuan money while many here are distracted with political antagonisms. It is not good. And to be forewarned is to be forearmed. Financial repression is here. It started when the Treasury implemented BTFP
What do we mean by that?