christistruth01:


Nigeria too should link it's own Currency to Gold instead of Donating it to Zamfara Bandits

To begin with, what quantity of gold does Nigeria even have in its reserves?

ShinnBet:


China can afford to walk away from it. Remember , they are the ones who actually make shit the world needs .

As for Saudis, their cash reserves in the US has since been liquidated and converted to bullion bars that are securely stored in a Siberian vault.

No one even trusts the US in holding their gold.

Germany demanded some years back to recoup back some of their gold stored in Fort Knox but all their attempts were waived aside. When they even demanded to see their gold in the vaults , they were still denied.

It's believed that there is no gold left in Fort Knox and that all or most of it has found its way to Israel were it was supposed to be stored in the future Third Temple.

There is a reason Lord Rothschild faked his death as now chilling in an underground mountain bunker in New Zealand.

China isnt as great as you think

Lateef73:
I knew after the news of confiscation of Russian assets came out on FP today, Putin's lapdog WriterNig WriterNg will look for one anti western news today.

It clearly shows he is a paid anti-western agent trying to change perception of Nigerians toward the west and influence public opinion towards it.

Russia has a huge number of them posting across news and social media platforms in African countries and Europe. A lot of them have been arrested in Eastern Europe.

Africans must be wise and smart because Russia has it's own imperialistic ambition on it's own.

At least let's break from the holds of biting and blowing puppet Masters present

Ken4Christ:
Nigeria should do the same and Naira will regain its value. I have been saying this for months now.

Tinubu won't last 4 year's in office if he dares,

The US is really a demonic enclave

ShinnBet:


There are rumours coming out of Saudi Arabia about a foiled coup attempt.

It's believed the Russians tipped MbS off about a palace coup ochestrated by some disgruntled royals backed by the CIA


The coup attempt was because MbS refused to bulge on renegotiating the use of the dollar.

MbS decisions could have been influenced by how Russian assets were seized by western financial institutions and the ongoing genocide by Israel on Palestinians supported by Washington.

MbS was scheduled to attend the recently and abruptly concluded G7 summit. He did not attend nor send a high level emissary or even provide a written excuse for not coming.

You better begin to believe in the demise of empires because you are witnessing the death throes of one in real time.

True. This dollar thing has affected so many nations badly. It stifles the growth of other currencies.

Irrespective of the Saudi's moves, something is certain.
The rise of USA empire has a divine connotation, if the story of humanity is to be analysed; from the stone age, middle age up to the 21st Century .

BobbieZion:
1974 - 2024.
How is it an 80 year agreement?

pls read carefully for easy concentration leading to comprehension. 1974-2024 its 50 years .

If Nigeria had capable leaders , and if we had the capacity, we could cease this opportunity and benefit from this

Gbogbowa:
We are all intellectual and we should know that US will not be affected, Dangote is even buying crude from USA do you know how much Saudi depend on USA for survival in technology,armour,even food. The Saudi will still need the dollar to buy from US

USA is not the only country in the world that can produce what you mentioned, as long as those are not free and the saudis are paying for them, there are always alternative providers. New alliance is being formed in the global stage as we speak.

ShinnBet:


You don't get it do you?

Saudis supply 11-12 million barrels of crude to the international market every single day. The demand and order for Saudi crude is done on a 30 day supply inventory . So if you wanted 100k barrels of crude for 30 days you have to source for dollars . This alone makes the dollar in strong demand as crude is an essential resource commodity in today's world.

The Russians supply same volume and it was once priced in same dollars until the stupidity of so-called sanctions on Russians effectively drove Putin to bypass the dollar all together. Now take out Saudi pricing in USD and the demand for dollars crashes. Country A that once bought crude from Saudi and Russia in USD had to keep their reserves in western banks in said USD. That reserve not only creates pressure on demand for USD but also adds liquidity to western financial gambling dens aka stock markets and treasury bills and bonds.

Take away the dominance of US as the Petrodollar and no one will have any need to convert their currencies to USD.

Nothing new.
Demented people in Russia and other places have said this more than 25 years ago and nothing has happened to the USD or USA economy.
Maybe in 50yrs this same news will be recycled again by a new set of demented anti-American folks.

ShinnBet:


China can afford to walk away from it. Remember , they are the ones who actually make shit the world needs .

As for Saudis, their cash reserves in the US has since been liquidated and converted to bullion bars that are securely stored in a Siberian vault.

No one even trusts the US in holding their gold.

Germany demanded some years back to recoup back some of their gold stored in Fort Knox but all their attempts were waived aside. When they even demanded to see their gold in the vaults , they were still denied.

It's believed that there is no gold left in Fort Knox and that all or most of it has found its way to Israel were it was supposed to be stored in the future Third Temple.

There is a reason Lord Rothschild faked his death as now chilling in an underground mountain bunker in New Zealand.

How do you know all these? Been reading all your analysis and I'm impressed. Wish to be like you , what books do you read sir ?

Emir01:
Fake story

it's not fake if you ain't using nairaland free mode, Google is your friend lil boi

jayce232:

Even in the world shift, US is still leading
I don't see any country fit to replace their position in the world anytime soon.

They would be replaced baba, lol, all the steps are heading towards that. Countries are now having long term plans becus of what the US did to Russia. Lol, countries cant shift immediately, but many countries are working together silently for a more decentralized currency system and wouldnt want to be tied down to the US who could freeze their asset becus they dont like u or u go against their interests

Slytiger:
I have been looking at hybrids and electric vehicles anyway. The world is moving past petrol.

Best comment so far. America is always ahead. A time will come, Saudi, Russia, Nigeria oil will be useless.

ShinnBet:


China can afford to walk away from it. Remember , they are the ones who actually make shit the world needs .

As for Saudis, their cash reserves in the US has since been liquidated and converted to bullion bars that are securely stored in a Siberian vault.

No one even trusts the US in holding their gold.

Germany demanded some years back to recoup back some of their gold stored in Fort Knox but all their attempts were waived aside. When they even demanded to see their gold in the vaults , they were still denied.

It's believed that there is no gold left in Fort Knox and that all or most of it has found its way to Israel were it was supposed to be stored in the future Third Temple.

There is a reason Lord Rothschild faked his death as now chilling in an underground mountain bunker in New Zealand.

You just sit down and be typing rubbish

God help your beer parlor madness.

Go and work.
The 4 idi.ots that shared that nonsense comment of yours needs their illiteracy flogged out of them.

Eriokanmi:
How? US is rather doing Saudi a favour with the 50 years agreement that had enriched the country and their royals. Are you aware usa had a huge deposit of crude, which can't be exhausted decades to come?Hope you're also aware they have crude in texas and the alaska field is still there unexplored.

Then US should start drilling their own crude. US will not give you 10 dollar unless they can take from you what money cannot buy

Slytiger:
I have been looking at hybrids and electric vehicles anyway. The world is moving past petrol.

Not so fast. Petrol and hydrocarbons will remain relevant for hundreds of years to come

ShinnBet:


China can afford to walk away from it. Remember , they are the ones who actually make shit the world needs .

As for Saudis, their cash reserves in the US has since been liquidated and converted to bullion bars that are securely stored in a Siberian vault.

No one even trusts the US in holding their gold.

Germany demanded some years back to recoup back some of their gold stored in Fort Knox but all their attempts were waived aside. When they even demanded to see their gold in the vaults , they were still denied.

It's believed that there is no gold left in Fort Knox and that all or most of it has found its way to Israel were it was supposed to be stored in the future Third Temple.

There is a reason Lord Rothschild faked his death as now chilling in an underground mountain bunker in New Zealand.

Of all you typed, what caught my attention is Lord Rothschild! Which of the Rothschild faked his death?

It was a very stupid deal.

skywalker240:

Tinubu won't last 4 year's in office if he dares,

The US is really a demonic enclave

Honesty speaking, US knows what they are doing. They want to make all other nations slaves. This is worse than slave trade. Somehow, we must find our ways out of it. 90% of the blame is on our leaders. They are not stopping us from production.

Can't we make our refineries work and produce our fuel?

Can't we ensure we have steady power?

Can't we end the insecurity also affecting our economy?

Can't we produce tricycle aka keke we import in tens of thousands. We make other nations economically strong and weaken our own economy because of wicked and selfish leaders.

wetin concern you with Saudi arabia not settling for us dollar in their oil payments? what do you stand to gain from it?

MrProlific95:
They can't try it,

In just about sooner than expected, Bin Salman would be toppled.

Although I know the op's propensity for fake news

WriterNig:
👍🏻 Like for Russia Multipolar World, share for USA UniPolar World

Anyone supporting authoritarian dictatorships is definitely mentally defined to the extent of wishing to live like a base animal rather than a rational, progressive human being.

By the time Biden finishes with America eh.

Kobicove:


To begin with, what quantity of gold does Nigeria even have in its reserves?

We have heard Nigeria has more Gold than Ghana that was named Gold Coast

Saudi Arabia is now a member of BRICKS and the group is about to launch their own currency, so that's the major reason. USD will have a shake down as more countries from the global south join BRICKS. NATO may in future consider having a common currency to stabilize this effect on the member countries economies.
However, America is very smarter and will always find a way to stable their economy, they're not economically dump like third world countries. Even Russia used their intelligence to stabilize it's economy despite the huge sanctions. These are countries with brains and brainstorming faster in every geopolitical moves and economic shifts.

ShinnBet:


Gbtyo made a thread about this on June 9th and it never made FP.

In that thread I was castigated by the now slavish western slaves.

There won't be a global recession . It's only those nations still stupid to hold their reserves in USD that are about to get the short end.

With 34 Trillion in debt and several trillions in USD floating around, all that now worthless fiat currency is heading back to the US.

Weimar levels of hyperinflation are set to hit the US.

The scariest bit here is what the US and London in particular will do on the global stage now that their middleman position has been dislodged.

I foresee the US and British navy returning to their inglorious roots as privateers sailing the high seas to disrupt economic trade . Coups in the global south ochestrated by Washington and London to keep third world within their sphere.

A multipolar world is about to emerge and with it, global proxy wars and another scramble for Africa.

The judeo-Anglo-Masonic order will not go down without taking the rest of the world with it.

I foresee a tactical nuke attack on the US eastern seaboard which will be blamed on the Russian fleet in the Caribbean. This will be a false flag by the deep state which they will use to justify an all out nuclear strike on Russia and China.

Predictions say the above could happen by 18th of June - next week Tuesday.

Biden cut his G7 trip back to Washington after all efforts to get the Saudis to reconsider ditching the dollar failed. Insider sources in the WH say articles of war declaration against Russia have been drafted for Dementia Joe to sign and that it will be sent to the US Congress today or by Monday.

Shit is literally about to hit the fan.

Lemme save this, Tuesday no far again.

Ikumapkayi:
Nothing is gonna happen. Russia is not an innovative country. Tell me one thing Russia export except their useless weapons they brag about.

^^^
While you do have a point, I'll have to take you up on the weapons comment.

I'm sure Russia's Kalashnikovs aren't part of the 'useless weapons' you refer to. The Kalashnikov most certainly isn't useless. It is the Toyota of light assault weapons. It is everyman's most favoured rifle.

It is reliable, durable and less expensive than the competition. It is light and can be carried by infantry on land, through water, snow, sleet and difficult terrain - and it still fires without missing a beat when called upon. What it lacks in accuracy, it more than makes up for in range.

Russia has fallen short in giving the world something to remember in other areas but the Kalashnikov has no equal when it comes to cost effective, reliable, durable machines that men can easily kill one another with, anyday anytime.

ShinnBet:


Gbtyo made a thread about this on June 9th and it never made FP.

In that thread I was castigated by the now slavish western slaves.

There won't be a global recession . It's only those nations still stupid to hold their reserves in USD that are about to get the short end.

With 34 Trillion in debt and several trillions in USD floating around, all that now worthless fiat currency is heading back to the US.

Weimar levels of hyperinflation are set to hit the US.

The scariest bit here is what the US and London in particular will do on the global stage now that their middleman position has been dislodged.

I foresee the US and British navy returning to their inglorious roots as privateers sailing the high seas to disrupt economic trade . Coups in the global south ochestrated by Washington and London to keep third world within their sphere.

A multipolar world is about to emerge and with it, global proxy wars and another scramble for Africa.

The judeo-Anglo-Masonic order will not go down without taking the rest of the world with it.

I foresee a tactical nuke attack on the US eastern seaboard which will be blamed on the Russian fleet in the Caribbean. This will be a false flag by the deep state which they will use to justify an all out nuclear strike on Russia and China.

Predictions say the above could happen by 18th of June - next week Tuesday.

Biden cut his G7 trip back to Washington after all efforts to get the Saudis to reconsider ditching the dollar failed. Insider sources in the WH say articles of war declaration against Russia have been drafted for Dementia Joe to sign and that it will be sent to the US Congress today or by Monday.

Shit is literally about to hit the fan.

Conspiracy theorists I dey hail oh.

jmoore:
China has trillions of dollars in foreign reserve.
Saudi Arabia has more than 400 billion dollars in foreign reserve.

Slaves of Putin in Nigeria struggling with a low reserve less than 36 billion dollars are using yeye propaganda to predict fall of dollar.

Dollars will continue to be a major player.

FYI: China has been selling their dollars: https://gfmag.com/economics-policy-regulation/china-sells-us-treasuries-de-dollarization/#:~:text=Talk%20of%20de%2Ddollarization%20is,year%20through%20to%20March%202023.

Putindbutt:

Says who?. until Saudi Arabi stops tech transfer in dollars or buying weapons in dollars. then i will take them serious. Infact, this does not suggest Saudi is completely jettisoning the dollar, it is more like a shift to accomodate other currencies in cross border transactions. I don't know why we didn't also follow through on our Yuan currency swap.

We're not serious as a people.

ShinnBet:


Gbtyo made a thread about this on June 9th and it never made FP.

In that thread I was castigated by the now slavish western slaves.

There won't be a global recession . It's only those nations still stupid to hold their reserves in USD that are about to get the short end.

With 34 Trillion in debt and several trillions in USD floating around, all that now worthless fiat currency is heading back to the US.

Weimar levels of hyperinflation are set to hit the US.

The scariest bit here is what the US and London in particular will do on the global stage now that their middleman position has been dislodged.

I foresee the US and British navy returning to their inglorious roots as privateers sailing the high seas to disrupt economic trade . Coups in the global south ochestrated by Washington and London to keep third world within their sphere.

A multipolar world is about to emerge and with it, global proxy wars and another scramble for Africa.

The judeo-Anglo-Masonic order will not go down without taking the rest of the world with it.

I foresee a tactical nuke attack on the US eastern seaboard which will be blamed on the Russian fleet in the Caribbean. This will be a false flag by the deep state which they will use to justify an all out nuclear strike on Russia and China.

Predictions say the above could happen by 18th of June - next week Tuesday.

Biden cut his G7 trip back to Washington after all efforts to get the Saudis to reconsider ditching the dollar failed. Insider sources in the WH say articles of war declaration against Russia have been drafted for Dementia Joe to sign and that it will be sent to the US Congress today or by Monday.

Shit is literally about to hit the fan.

There is a load of chatter online about clandestine mobilisation in western countries already, like something big is coming. Hope it is untrue though. Sunak calling a snap election and Macron following suit does not add up.

On the first serious rumour na to return to 9ja sharp sharp

ShinnBet:


China can afford to walk away from it. Remember , they are the ones who actually make shit the world needs .

As for Saudis, their cash reserves in the US has since been liquidated and converted to bullion bars that are securely stored in a Siberian vault.

No one even trusts the US in holding their gold.

Germany demanded some years back to recoup back some of their gold stored in Fort Knox but all their attempts were waived aside. When they even demanded to see their gold in the vaults , they were still denied.

It's believed that there is no gold left in Fort Knox and that all or most of it has found its way to Israel were it was supposed to be stored in the future Third Temple.

There is a reason Lord Rothschild faked his death as now chilling in an underground mountain bunker in New Zealand.

I'ld love a Hollywood movie of this conspirac, whichever way the world will definitely change in terms of currency used