China Dumps Billions in U.S. Dollars – Is a Global Reset Coming?

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[stevenvanmetre]

Atlas Financial Advisors, Inc. (AFA) is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Sponsorship does not influence AFA to recommend products or services issued by Sky Quarry Inc. (NASDAQ:SKYQ) to current or prospective clients.

Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

This endorsement was provided for compensation, this included a formal agreement between Steven Van Metre and Outside The Box Capital Inc. for a one-time fee of $5, 000 for one placement to provide coverage on 12/18/2024 for Sky Quarry Inc. (NASDAQ:SKYQ). AFA is independent of, unaffiliated with, and holds no endorsements for Sky Quarry Inc. (NASDAQ:SKYQ).

[UPdan]

China is buying 10x gold that they admit to. Dollar being dumped for gold. Not Bitcoin.

[TRXST.ISSUES]

I only get worried when Steven gets optimistic

[zeegydoo]

my favourite fear panic channel. keep up the good work Steve

[CurranTamzen-rt]

Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 13Bitcoin in the space of a few months... I'm especially grateful to Devon Antonio, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

[Jesse-xu]

YES, everything has to crash to start over. You can't start something new without stopping the old, two systems can't run simultaneously. Our money is worthless.

[alkaholic]

Wait until they tell you that your money is worthless

[bookmarked-]

Dump Bitcoin. Get back to a precious metal backed currency and a strong dollar. Not a weaker one. Get rid of pork barrel spending & restart manufacturing in the USA. Stop other countries from owning land in the USA

[ZincFold]

How ever you may feel about Russia, "seizing" their assets has simply made holding such assets very risky for everyone else and it's not just China dumping their U.S based assets.

[SnakeHeadFish-vv]

Bet those billion of dollar were dumped on the gold market.

[stephenleeb]

We have no idea of what is happening in China - especially when it comes to its technologies. One recent article published in a peer reviewed journal strongly suggested that they can use quantum computing to decrypt or factor extremely high numbers. That will reduce the value of bitcoin to zero. China has been quoted in articles written in Mandarin and not translated to the wide audience that gold is part of the Chinese dream. Bitcoin is a recipe for disaster, gold will be critical to any new currency - something that is likely inevitable.

[coleevans]

But the dollar is going higher and is now on a weekly reversal with a higher high and a higher low. How does this make sense?

[GordoCooper-vv]

One would hypothesize, that dumping dollars would result in the reduction in value of the dollar. The dollar went up

[davidrhodes]

How come mainstream media doesn't report on this

[marysmith]

i've been knowing this was going to happen for mo.'s now i can't believe this is news to you and most of the other country's holding our debt will follow suit, good old joe just printed $ as fast as he could, our $ are not worth squat now thank you so much joe!

[tomhall]

Hey stupid they buying gold cheap, they’ll revalue 100x Ray Charles could see this. Silver included…

[johnmiranda]

Who will win, the Nazis or the Communists?

[artandreassen]

Is China selling dollars or Treasuries? If Treasuries that raises rates and thus increases the value of dollars. If dollars, that lowers the value of dollars and increase the value of Yuan..

[carlyet]

US treasuries ARE NOT an asset to China - so liquidating them is a defensive play. The question is which US assets they diversify into?

[monkeywrench]

The question is if China is preparing to take over Taiwan. If Russia did it and gets a reward, why not them too.