Recent content by GeneralGogol

I'm glad I made you laugh. I'll take your predictions seriously when you convert all your net worth into Chinese currency (whichever one you prefer), park it in China and stop living in a "US vassal state" (in your own words) and move to a "Chinese vassal state". Until then your predictions are...

"The best alternative to replace the dollar would be the Chinese RMB (yuan). China represents around 18% of the world economy, and about 15% of world exports, so countries have plenty of reason to use the yuan. China is also a high-tech country with well-developed systems for banking and...

The reality is in opposite to what you are describing

Funny video. However remember that Al Hanzeera is owned by the Qatari govt and everything they put on their channel should be taken with a giant pile of salt.

Any broker that allows you to buy USD ETF will work. Interactive Brokers seems to be the most popular choice.

Sure thing, that's why every Chinese person with more than 200 dollars in his pocket is doing anything he can to escape. I agree and I suspect it's because a lot of the participants of the forum are originally Russian (for decades the nation with highest demand for 2nd passports and offshore...

If you feel suffocated on a vacation in Europe, psychiatric help may be needed.

Why fixed-term savings when you can just buy treasuries on any broker? You get the same yield AND also remain fully liquid and able to use the money whenever you want

The data suggest that the RMB was the only currency actively *sold* by reserve managers in '22. This is despite presumably one of the most extreme periods of dollar "weaponization" ever. On what was supposed to be the best time for RMB it's the only currency that foreigners are dumping. But...

"The EU Commission also removed Nicaragua, Pakistan and Zimbabwe from the list, highlighting the progress made by these countries in tackling money laundering." OK guys, these are the places to move to next...

Tell this to all the investors in Russian stocks that lost -99.9% of their money rof/% I'm sure an intelligent man such as yourself believes only real credible sources like RT and AlJazeera.

Good luck, lol

Great prediction guys ;)

Great to hear that your sell was well-timed! Buying distressed assets can be great and I hope you made a good purchase. I personally could not sleep at night knowing all my assets in this world are in one building\compound\farmland\hotel\whatever. Regardless of the location of your asset, you...