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<p>[QUOTE=&quot;Clawcoins, post: 8444824, member: 77814&quot;]The US Dollar is not limited by the boundaries of the United States.</p><p>Precious Metals are not pegged to the US Dollar.</p><p>Precious Metals are not a US only traded item.</p><p>Are precious metals solely mined and processed in the US ?</p><p>That is what people need to understand.</p><p><br /></p><p>Many transactions around the globe are done in US Dollars - oil, gas, other global trade / commerce from around the globe and a Global Reserve Currency (foreign banks store tons of it).</p><p><br /></p><p>In short, any time there is a &quot;problem&quot; in the US it probably is a Global Problem.</p><p>Oil/Gas Prices ... global</p><p>Inflation ... global</p><p>price of Silver / Gold ... one reason it&#039;s traded in Hong Kong, Sydney, US, London etc; not just and only the US.</p><p><br /></p><p>I&#039;m not sure if the US ever sold Gold Reserves?? if they have you would think it would go to the highest bidder .. in the US or not.</p><p><br /></p><p>So (using oil instead) when the US Sold Oil Reserves it was sold to the highest bidder so the US gov&#039;t can recoup as much USD as possible, as US law requires.</p><p><br /></p><p>Of course, that company or country could keep it in the US or move it to process it and send it back or send elsewhere (since US refineries are 93% of full capacity anyways and can&#039;t handle more).&nbsp; Oil is one of those global commodities so you want to increase global supply, not local supply.&nbsp; If the US based Oil Companies/stations were wholly owned by the US gov&#039;t then they could control US supply/demand and price.&nbsp; But imagine if foreign oil was less $ then National US oil .. what then ??&nbsp;&nbsp; But even US based oil production companies sell to the highest bidder.</p><p><br /></p><p><a href="https://www.cfr.org/backgrounder/dollar-worlds-currency" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.cfr.org/backgrounder/dollar-worlds-currency" rel="nofollow">https://www.cfr.org/backgrounder/dollar-worlds-currency</a></p><p><br /></p><p>gotta love inflation (it&#039;s like for years salaries rose without consequence) .. wait?&nbsp; The US isn&#039;t the highest and only country with inflation ??</p><p><a href="https://www.pewresearch.org/fact-tank/2022/06/15/in-the-u-s-and-around-the-world-inflation-is-high-and-getting-higher/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pewresearch.org/fact-tank/2022/06/15/in-the-u-s-and-around-the-world-inflation-is-high-and-getting-higher/" rel="nofollow">https://www.pewresearch.org/fact-tank/2022/06/15/in-the-u-s-and-around-the-world-inflation-is-high-and-getting-higher/</a></p><p>[ATTACH=full]1496927[/ATTACH]</p><p><br /></p><p><br /></p><p>might be time to move to Mars[/QUOTE]</p><p><br /></p>

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