Indicative of gulf states liquidating their gold holdings to prop up their economies and to defend their currencies as in the case of turkey. Also, Carl zha had a great interview on this where his guest had a compelling theory on western market manipulation and how the U.S. is trying to create a new iron curtain.Why raising price of oil collapse gold prices? Gold is usually the best asset to counter inflation
An image of the submarine that escorted the Russian-flagged oil tanker to Cuba yesterday, defying the blockade imposed by the Americans around the island.
How it started: we're going to starve Cuba of oilThis is the reason why Australian PM albanese had to get on national tv and inform the Australians on the months of fuel crisis, but petrol and diesel won’t matter in the case of aircraft which require kerosene and Jet A and Avgas which is mainly refined in China and other refineries. For Australia which is vast and The EU which depends on small air hoppers, this could be catastrophic.
The US and its vassals would be on the Soviet side of the new iron curtain. Shortages, scarcity, low quality for what you pay, gulags.Indicative of gulf states liquidating their gold holdings to prop up their economies and to defend their currencies as in the case of turkey. Also, Carl zha had a great interview on this where his guest had a compelling theory on western market manipulation and how the U.S. is trying to create a new iron curtain.
Take a look at the date when that article was posted.
LMAO.
The only reason why nations like Anglo Americans and Indians want to compare themselves to China is because it flatter themselves. Both states fantasise about a mighty ragnarok over China which will enshrine their supposed superiority for the millennium. The reality is, no nation compares to China, none of its peers have survived from the Neolithic era, not the ancient Egyptians, not mohenjo daro.
Secret Codes and Yuan Fees Get Ships Through Iran’s Hormuz Tollbooth
Vessels wanting to transit the strategic waterway need to be from friendly countries, and some have to pay fees in Chinese currency or crypto before being escorted through the strait.
- The operator of an oil tanker stuck in the Persian Gulf received a proposal to sail safely out through the Strait of Hormuz escorted by the Iranian Navy if it changed its registration and raised the flag of Pakistan.
- Iran's Islamic Revolutionary Guard Corps is exerting control over shipping through the Strait of Hormuz, extracting tolls from vessels passing through and giving preferential treatment to ships from countries it deems friendly.
- Ship operators have to contact an intermediary company linked to the IRGC and provide information about their vessel to negotiate a toll, which typically starts at around $1 per barrel of oil, and receive a permit code and route instructions to safely pass through the strait.