Indians are dropping gold for bitcoin and cryptocurrencies.

– Bitcoin replaces gold as asset to store value & pass down from generation to generation – Government “ban” was marketing campaign & led to increased adoption Both trends easy to anticipate https://www.bloomberg.com/news/articles/2021-06-28/even-gold-obsessed-indians-are-now-pouring-billions-into-crypto Chainalysis estimates Indian investments in crypto increased from $200 million to $40 billion over the past year, Read more…

Russia is Reportedly De-Dollarizing

The news from Bloomberg says Russia will eliminate the dollar from its wealth fun. Kremlin seeks to reduce exposure to U.S. assets amid threats of sanctions. https://www.bloomberg.com/news/articles/2021-06-03/russia-cuts-dollar-from-119-billion-wealth-fund-amid-sanctions From Balajis.com As outlined in this series of articles, every country that’s not the USA or PRC will shift to national stacks & Read more…