US FED Buying gold?, page-2

Unfortunately we can't be that optimistic. There is zero chance the US will make any meaningful steps towards going back to the gold standard. It is a failing empire (and has been for a while), and given the increasing stability of the other major players (Russia, China, India, EU), and their confidence in bringing in their own international transaction structures (like the recent one between the EU and Iran), coupled with a lot of large transactions now being done in the Euro other currencies, it is only a matter of time.

You can't fight or negotiate your way out of the debt the US has. It's over for them.

https://www.usdebtclock.org/

You also need to look at the US unfunded liabilities, which stand at USD $153 trillion, and are increasing about USD $500,000 a second...

The national US public debt is USD $26.50 trillion.

No nation has ever survived after it's Federal Debt to GDP ratio went above 120%...the US's ratio is now 132%...

That's what happens when you are too busy starting wars on every continent, overthrowing governments, trying to be the world's policeman, and having a citizen base which protests every second day and is offended by everything, instead of working for a living.


All that aside, Russia and China are buying gold like there's no tomorrow, so good news for us holders.