Man Connected at Highest Levels in China Warns of U.S. Dollar Collapse, Says Gold Headed Higher

May 15, 2023

The man who is connected at the highest levels in China warned of a collapse in the US dollar is only a matter of time and says gold is headed higher.

Too Big to Save?

May 14 (King World News) – John Ing: The return of calm in the financial markets following the overnight rescue of Credit Suisse may signal the worst is over. But as we learned, borrowers still face a squeeze. Bank runs can surface overnight the moment confidence is tested. Governments were unprepared for the change in the global interest rate environment. Spending particularly in Canada remains a priority, despite widening deficits. In Washington, the administration does not seem to be overly concerned about the cost of the federal bailouts nor to stop the next one.