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Detroit is burning, BYD is booming, and the West still doesn’t get it. China didn’t play the game, it rewrote the rules. Blame Milton Friedman. asia.nikkei.com/Spotlight/Big-…

According to Jeff Gundlach, Scott Bessent discussed extending maturities and lowering coupons on Treasuries held abroad. This is tantamount to a default. The fact that a sitting U.S. Treasury Secretary is speaking publicly about default should cause foreigners to dump Treasuries.

The U.S. is using the 1989 playbook on China. But it is not 1989 today and most people in the West are too blind to see it.

Nothing goes in a straight line. Leveraged paper longs and shorts will be obliterated…😀🙃😂

B O O M 🔥🔥🔥 #Gold VBL’s Ghost Luke Gromen Kathleen Tyson Kevin Bambrough

The ultra Milkshake simps in Hong Kong (some in China) call #Gold: “10年黄金变难铜.” “Every 10 years your #Gold turns into rusty copper.” Interesting to see them squirm. They will be doing a lot more squirming. Milkshake simps deserve this 100%.

Together we will re balance the gold price.

London Gold Price Rigging Will Lead to Bond and Currency Chaos. | David Jensen. youtu.be/lW0J0o9ZUwE

It feels like they want to pump Bitcoin to 200,000 USD.

🔥🔥🔥👌🤫

China openly encourages its population to buy physical gold, then proceeds to devalue its gargantuan debt against gold. The US is now semi-openly hinting that it wants to pump crypto via the stablecoin backdoor & use the gold revaluation account to finance government. And now

The Chinese has a two-tier currency (offshore and onshore RMB Yuan), and now the U.S. wants to have a two-tier U.S. Treasury bond market (offshore and onshore UST bonds)🤣🤣🤣.