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Replies to #1292 on Awesome Stocks
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gfp927z

12/21/22 2:08 AM

#1293 RE: gfp927z #1292

(cont) Another big risk right now is the China / Covid situation. Scientists are saying that because of the ultra strict lockdowns, the Chinese people most likely have very limited natural immunity, and are thus very susceptible to a huge mega surge of Covid that quickly engulfs the entire country. It sounds like that may have already started.

The 'experts' are also saying that the China situation could be a perfect storm for creating new viral variants. Anyway, I'm getting flashbacks of Spring 2020, when the virus emerged from China and quickly engulfed the entire world. Let's hope not, but it's one more landmine lurking out there right now.

Then there is the lunatic running N. Korea. Remember him, the one who has had orbital EMP weapons for at least 'several years' (per CIA Director Woolsey) -- the type of weapon that only requires a single detonation in orbit above the US to knock out the major portion of the US' power grid. And Woolsey said that 5 years ago -






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bigworld

12/21/22 4:13 PM

#1295 RE: gfp927z #1292

gfp: More than a few analysts have been writing about the real possibility that oil sales in the future will be settled in gold rather than US Dollars. The US sanctions on Russia, and China's realization that war with the US is inevitable, are pushing this scenario forward. Oil producing nations no longer want to stockpile US Treasury debt. They see the handwriting on the wall. There is already a de-facto move away from the Dollar as the reserve currency. Nations with account surplusses in Dollars are using those Dollars to buy Gold. Central Banks all over the world are increasing their Gold holding. If we every get to an official Bretton Woods III that does away with the PetroDollar in favor of PetroGold......I can't even calculate how high gold could go. $25,000 an ounce is not out of the question.