How Gold can save the Dollar
Our deficits are now stuck at 8% of GDP — unprecedented in peacetime. And our national debt just hit $35 trillion — unprecedented in the history of man. Even the central bankers realize that this isn't sustainable. That we are coming to the day our paper money utopia crumbles.
Can we save the dollar before central banking kills it?
Our deficits are now stuck at 8% of GDP — unprecedented in peacetime. And our national debt just hit $35 trillion — unprecedented in the history of man.
Even the central bankers realize that this isn't sustainable. That we are coming to the day our paper money utopia crumbles.
Historically, from Song Dynasty China to Weimar Germany, when paper dies we return to hard money. Because backing the dollar with hard money like gold -- and eventually Bitcoin is the only way to finally kill the money printer.
Happily, we can actually do this without the crash.
When paper money dies
The other day Charles Payne sent me a quote by 1970s Fed Chair Paul Volcker who wrote, paraphrasing:
“It is a sobering fact that central banking has led to more inflation, not less. We did better with the 19th-century gold standard, with passive central banks, with currency boards, or even with ‘free banking’. The power of a central bank, after all, is the power to create money and, ultimately, the power to create is the power to destroy.”
Our deficits are now stuck at 8% of GDP — unprecedented in peacetime. And our national debt just hit $35 trillion — unprecedented in the history of man. Even the central bankers realize that this isn't sustainable. That we are coming to the day our paper money utopia crumbles.
Can we save the dollar before central banking kills it?
Our deficits are now stuck at 8% of GDP — unprecedented in peacetime. And our national debt just hit $35 trillion — unprecedented in the history of man.
Even the central bankers realize that this isn't sustainable. That we are coming to the day our paper money utopia crumbles.
Historically, from Song Dynasty China to Weimar Germany, when paper dies we return to hard money. Because backing the dollar with hard money like gold -- and eventually Bitcoin is the only way to finally kill the money printer.
Happily, we can actually do this without the crash.
When paper money dies
The other day Charles Payne sent me a quote by 1970s Fed Chair Paul Volcker who wrote, paraphrasing:
“It is a sobering fact that central banking has led to more inflation, not less. We did better with the 19th-century gold standard, with passive central banks, with currency boards, or even with ‘free banking’. The power of a central bank, after all, is the power to create money and, ultimately, the power to create is the power to destroy.”
This is a fairly striking admission of failure from -- by all accounts -- the best Fed Chair we've had since Wall Street forced the Fed on us in 1913.

A central bank is indeed an extraordinary thing: it’s a privately-owned, federally-licensed counterfeiter the regime can use to seize literally everything in the world by printing money.
It’s why we have inflation and recessions.
It’s why we have Wall Street bailouts and a colossal national debt.
It's why the government has grown to dominate our economy and our lives.
In contrast, under the gold standard, we had zero cumulative inflation over 124 years.
We had a federal government that was 7 times smaller as a percent of GDP.
In 1913 we had a national debt of 8% of GDP. Today, it’s 140% -- in fact, it's rising by almost 8% per year.

A central bank is indeed an extraordinary thing: it’s a privately-owned, federally-licensed counterfeiter the regime can use to seize literally everything in the world by printing money.
It’s why we have inflation and recessions.
It’s why we have Wall Street bailouts and a colossal national debt.
It's why the government has grown to dominate our economy and our lives.
In contrast, under the gold standard, we had zero cumulative inflation over 124 years.
We had a federal government that was 7 times smaller as a percent of GDP.
In 1913 we had a national debt of 8% of GDP. Today, it’s 140% -- in fact, it's rising by almost 8% per year.
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🚧 Solana forms bullish patterns as DEX volume, open interest slip
Solana price has been stuck in a deep bear market as the volume in its decentralized exchanges and futures open interest dipped.
Solana
♻️SOL
3.88%
Solana
has risen for two consecutive weeks and was up by over 33% from its lowest point in August. Still, it remains in a bear market after falling by over 30% from the year-to-date high.
Solana’s DEX volume retreats
Its price action has mirrored that of other cryptocurrencies like Bitcoin
💥BTC
0.59%
Bitcoin
and Ethereum
🎯ETH
1.84%
Ethereum
, which are all in a bear market.
Solana’s sell-off has happened as the volume in its DEX platforms has fallen in the past few weeks. Data by DeFi Llamashows that its DEX volume dropped by over 45% in the past seven days. In this period, it has handled transactions worth $7.12 billion while Ethereum has processed $8.9 billion.
Solana’s DEX volume has retreated because of the ongoing meme coin sell-off. Top Solana memes like Dogwifhat (WIF), Bonk (BONK), Popcat (POPCAT), and Book of Meme have all tumbled by over 50% in the past few months.
Solana has become the most popular chain for creating meme coins, due to fast speeds and low transaction costs. The launch of Pump. fun, a meme coin generator, has made it easier for people to launch Solana meme tokens.
Solana price has been stuck in a deep bear market as the volume in its decentralized exchanges and futures open interest dipped.
Solana
♻️SOL
3.88%
Solana
has risen for two consecutive weeks and was up by over 33% from its lowest point in August. Still, it remains in a bear market after falling by over 30% from the year-to-date high.
Solana’s DEX volume retreats
Its price action has mirrored that of other cryptocurrencies like Bitcoin
💥BTC
0.59%
Bitcoin
and Ethereum
🎯ETH
1.84%
Ethereum
, which are all in a bear market.
Solana’s sell-off has happened as the volume in its DEX platforms has fallen in the past few weeks. Data by DeFi Llamashows that its DEX volume dropped by over 45% in the past seven days. In this period, it has handled transactions worth $7.12 billion while Ethereum has processed $8.9 billion.
Solana’s DEX volume has retreated because of the ongoing meme coin sell-off. Top Solana memes like Dogwifhat (WIF), Bonk (BONK), Popcat (POPCAT), and Book of Meme have all tumbled by over 50% in the past few months.
Solana has become the most popular chain for creating meme coins, due to fast speeds and low transaction costs. The launch of Pump. fun, a meme coin generator, has made it easier for people to launch Solana meme tokens.
Our xrp trading still booming ✅🚀🚀
Dm @xrpscripts to join the team
It’s free
All you need is trading capital, Trustwallet and pc.
Dm @xrpscripts to join the team
It’s free
All you need is trading capital, Trustwallet and pc.
❤1👍1
Second withdrawal from xrp trading.
Remember you will be the one taking all the trades
No deposit to any website
All you need is xrp in your Trustwallet then set up the script and start trading.
Dm @xrpscripts for guide
Remember you will be the one taking all the trades
No deposit to any website
All you need is xrp in your Trustwallet then set up the script and start trading.
Dm @xrpscripts for guide
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🇦🇪 RAKBANK, a government-owned bank in the UAE, has partnered with Bitpanda to create a digital asset management platform for residents, though it still awaits approval from the Central Bank.
This move aligns with the UAE's growing embrace of crypto, following recent advancements like the launch of RAK Digital Assets Oasis and a Dubai court's recognition of crypto for salary payments.
@cryptoopdate
This move aligns with the UAE's growing embrace of crypto, following recent advancements like the launch of RAK Digital Assets Oasis and a Dubai court's recognition of crypto for salary payments.
@cryptoopdate
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🚧 Ethereum ETFs extend streak with $20 million in outflows, ETH poised to continue consolidation
Ethereum (ETH) is down nearly 1% on Tuesday as its weak open interest indicates that prices will likely remain range-bound in the coming...
@cryptoopdate
Ethereum (ETH) is down nearly 1% on Tuesday as its weak open interest indicates that prices will likely remain range-bound in the coming...
@cryptoopdate
♻️ XRP Elliott Wave technical analysis
Elliott Wave Analysis TradingLounge Daily Chart, XRP/ U.S. dollar(XRPUSD) XRPUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave III Direction Next higher Degrees: wave I of Impulse Wave Cancel invalid level: Details: the five-wave Increase of wave III XRP/...
@cryptoopdate
Elliott Wave Analysis TradingLounge Daily Chart, XRP/ U.S. dollar(XRPUSD) XRPUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave III Direction Next higher Degrees: wave I of Impulse Wave Cancel invalid level: Details: the five-wave Increase of wave III XRP/...
@cryptoopdate
Crypto Update
Long KEY here $0.00495-$0.00498 Targets: 50-100%
Im holding KEY for targets💪
Never sell early😎
Never sell early😎
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🇦🇪 Tether plans to launch a stablecoin pegged to the UAE dirham in collaboration with Phoenix Group PLC and Green Acorn Investments, aiming to enhance international trade and remittances.
The new stablecoin will be fully backed by UAE-based reserves and provide users with a cost-effective method for accessing AED benefits.
The new stablecoin will be fully backed by UAE-based reserves and provide users with a cost-effective method for accessing AED benefits.
JUST IN: Donald Trump teases crypto project and says "for too long, the average American has been squeezed by the big banks and financial elites.
It's time we take a stand together."
@cryptoopdate
It's time we take a stand together."
@cryptoopdate
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