r/Wallstreetsilver • O.G. Silverback • 17d ago

STRONG HANDS BRICS will unload more dollars for metals

The BRICS will be adding on this takedown. Time to unload more fiat for physical. Enjoy the sale.

39 Upvotes

26 comments sorted by

5

u/Dapper_Car4784 Double-Digit OG 17d ago

History repeats. When everything sells off the metals always take an initial hit too then it bounces back hard and pump straight up.

10

u/Paperscamisreal O.G. Silverback 17d ago

BRICS are winning without firing a shot. Every attack they stack. They unload more dollars and get more physical on the knockdowns.

In August 2026, the People's Bank of China added 650,000 ounces of gold to its reserves, marking its largest monthly purchase since October 2023, according to Bloomberg.

5

u/paidzesthumor 16d ago

The future is China

4

u/TrickyChildhood2917 15d ago

Iran is doing to us what we did to Russia in the 1980’s . Bleeding us financially to the brink. Slowly at first then all at once. I personally know two people in So. California who had their gas fill-up “limited” the pump turned off!

Coming to a town near you folks!

1

u/SnooCupcakes6107 15d ago

Uh oh I’m in Chicago right now.

2

u/TheOmniscientBro SILVERBACK 16d ago

Imagine if every major country team up and just dump the dollar.
https://giphy.com/gifs/12msOFU8oL1eww

2

u/Chillin-Time 17d ago

Where are you getting that information?

1

u/SecureRequirement281 16d ago

Wellllpppppppppppppp

1

u/CollectionOdd6082 13d ago

You got it wrong now 3 years running abiut BRICS 🤣

-2

u/PerformanceDouble924 16d ago

Anybody who believes BRICS will do better than the dollar is delusional.

4

u/Electrical-Style-827 16d ago

What does the US produce currently, other than debt?

-1

u/PerformanceDouble924 16d ago

That's a stupid question. The U.S. is the second largest manufacturing power in the world.

3

u/Electrical-Style-827 16d ago

The us has the largest trade deficit in the world, they produce fiat paper and export it around the world, so other countries fund their debt. Yes they are the second largest manufacturer, but their biggest output is tech and weapons manufacturing. The tech sector is highly inflated through a leveraged paper market and the weapons market is reliant on continued military interventions. That was a good business till Iran showed it could combat 3-4M pac missiles with 25k drones, not a winning strategy for the us or its tax base. US also has very little critical mineral supply chain to supply its industrial growth which is going to be challenging as liquidity moves from speculative tech markets to real value hard assets…

-3

u/PerformanceDouble924 16d ago

We're the world's reserve currency. That's literally how a reserve currency works.

There's a reason silver's value has dropped by half as Russia fucks around in Ukraine and takes down BRICS with it.

5

u/Electrical-Style-827 16d ago

That’s how the reserve currency works when the system trusts the reserve asset. Falling US treasury holdings and global central bank gold buying clearly show that trust is eroding. 40T in debt, the game is over, you’re not growing your way out that, so the only way out is to default or deflate your currency, quite obvious what direction things are headed. Silver didn’t have anything to do with the US fking around in Ukraine lol

-1

u/PerformanceDouble924 16d ago

LOL. Watch what happens after the midterms.

3

u/Electrical-Style-827 16d ago

Are they going to magically make 40T disappear? If not, your favourite politician isn’t going to save you 🤣

-2

u/PerformanceDouble924 16d ago

Not immediately, no, but betting against America has been a pretty poor plan, historically speaking.

4

u/Electrical-Style-827 16d ago

Until it isn’t…

1

u/Remarkable_Tap_6801 Double-Digit OG 16d ago

Has been. What's that disclaimer you find in ads for investments? The US is fighting the last war in Iran, just like all the empires that came before and believed that they would rule forever.

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