The Occasional Speculator

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COULD MAY 28 BE THE DAY?

Plus return to SOFR puts

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The Occasional Speculator
May 20, 2024
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THE BRICS (CHINA AND RUSSIA) ON MAY 28…

According to Andy Maguire the BRICS (led by Russia and China) will announce their gold backed currency at a meeting beginning on May 28 in Moscow. This new currency has been under  development for a number of months and could make- via accelerating de-dollarization- the value of the US Dollar decline rapidly in ter…

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