Coming Liquidity Crisis?

Will we see a lightning fast collapse in asset prices? Gold, stocks, housing etc.etc.

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Comments (8)

I haven't read your link but Gold is one commodity that rarely falls in crisis. Hope for the best.
In a liquidity crisis people people sell what they can, not what they want.
Anything is for sale in the United Soviet States of America!!! rolling on the floor laughing


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complicated raphael:

US$1,808.50 gold per ounce

US$1 v Ruble = R74.15

1 US Dollar to Russian Ruble stats
Last 30 Days Last 90 Days
High 74.729 77.318

Low 72.005 71.773

Average 73.003 73.840

Volatility 0.40% 0.46%


US$ v Yuan = Y6.47

1 US Dollar to Chinese Yuan Renminbi stats
Last 30 Days Last 90 Days
High 6.4900 6.5483

Low 6.3978 6.3676

Average 6.4537 6.4494

Volatility 0.19% 0.16%

The US$ is sliding against both the Ruble and the Yuan yet the US$ value gives an appearance of increased value if we look at US$ gold price.
However the increase quoted in US$ is actually (I think) showing takes more US$'s to purchase an oz of gold.
When you consider Canada has dumped all its gold holdings and Russia just dumped US$186 billion from its National Wealth Fund onto the market be very complicated to determine when the US$ will crash.
It might not however the majority of nations wont be transacting trade settlement in US$ any more, its confusing to quote dollar values that are forcing prices of goods and services up instead of creating stability thumbs down thumbs down thumbs down
Unless we get killer Covid variants with lock downs etc. The U.S. will do well once inflation subsides. I wasn't worried about the U.S. dollar, /world-currency-3305931

I was worried about reverse repo and the banking system.
Interesting comment Rob, I thought to mention it as well on your Reserve comment to Iyyov- exactly when they could not get the Amero introduced, only the Euro , it required the other banking crimes.
"On January 8, 1835, President Andrew Jackson achieves his goal of entirely paying off the United States’ national debt. It was the only time in U.S. history that the national debt stood at zero, and it precipitated one of the worst financial crises in American history! "
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