Bix Weir: US Default Triggers Collateral Chaos, is it Time to Open the Secret Cave of Gold? ~ May 20, 2023

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May 20, 2023

The Global Fiat Meltdown has arrived no matter what the Politicians do with the Debt Ceiling. If they raise it then $1.2T more will come flooding OUT of the SMALL banks and into US Treasuries through the Money Market Funds. If they DON’T raise it then the COLLATERAL BACKING of the $2.5 Quadrillion Derivative Market will turn into a “Weapon of Mass Financial Destruction!” Which of the 2 evils will they choose?!

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