Bitcoin will grow in price in the face of imminent global financial collapse

in #bitcoin6 years ago

The news that can be read in the media regarding the health and performance of the global economy, sheds lights that need to be interpreted so as not to lose perspective in terms of making the best investments and the great possibility that bitcoin has in its appreciation As a safe haven of value, it is time to make the best decisions.

In this sense, the reports of the specialists are very pessimistic about certain movements, "Recently the US Treasury Department reported that Russia got rid of half of its bonds in April of this year. The economist and columnist of the blog Crimson Alter, Ivan Danilov, shared with Sputnik several versions that could explain the abrupt economic actions on the part of Russia ".

Therefore, the sale of the bonds for a value of 47.5 billion dollars should be considered in the context of the active purchase of gold by the Slavic country. In fact, Russia did not stop buying the precious metal since the sanctions were implemented by the US and now its reserve has 1,909 tons of gold. Thus, the Slavic country even advanced China in this regard.

The global financial system is falling apart

Western analysts considered that this was part of the preparations for a collapse or radical change in the world monetary system. Now, with the news that Russia sold half of its US bonds, new questions arise for experts, says Danilov.

In addition, the specialist highlighted the fact that the sale of the bonds by Russia coincided with the fall in the price of US Treasury bonds that also took place in April.

Information from Russia, is 6 months behind schedule, the reduction of the Russian portfolio of US bonds in half could be a preventive measure to reduce the risk of its confiscation in the framework of anti-Russian sanctions. In addition, the columnist points out the possibility that Russia has sold all its bonds, since there is still no data for the month of May.

The least likely explanation is that Russia decided to revise the coefficients of its monetary reserves and opted for other currencies, such as the euro, the economist said.

In addition, there are many versions on the possibilities of selling the bonds by Russia: therefore, if the EU wants to get rid of Washington and create the 'petroeuro', it will have to count on Moscow, due to the immense probabilities of leveraging this cryptocurrency.

According to him, Western analysts see these actions as a general test before China launches its "financial equivalent to a nuclear weapon" against the US. Such radical measures by China could be explained by the failed negotiations to prevent commercial war.

"The rapid sale of the Russian portfolio of US bonds is a way to recover your money before China takes a hit against the US financial market," Danilov concluded.

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