CREDIT BANKRUPTCY!Wall Street Adds to Shorting US Bonds,China Dumps US Bonds for Gold|AsianQuickTake

Welcome to Asian QuickTake! In this episode, we dive deep into the U.S. unemployment rate rise, the state of the labor market, and its impact on the U.S. dollar and gold. Tags: U.S. Unemployment, Labor Market, Federal Reserve, U.S. Dollar, Gold, U.S. Bonds, Financial Crisis, Central Banks, Economic Trends. The unexpected rise in the U.S. unemployment rate to 3.8% in August signals a cooling labor market, raising questions about the Federal Reserve’s next moves. Expectations are growing that the Federal Reserve may halt interest rate hikes amid a slowing U.S. economy and ongoing regional banking challenges. Concerns about a looming financial crisis in the U.S. and the commercial real estate sector’s instability are affecting the U.S. Dollar Index. Wall Street institutions anticipate the Federal Reserve’s shift to a dovish stance, potentially altering expectations for rate hikes. Notable figures like Bill Ackman and Ray Dalio are expressing concerns about U.S. bonds, leading to increased interest in gold. Fitch’s downgrade of the U.S. credit rating reflects growing fiscal instability, potentially prompting funds to flow out of U.S. financial markets. Gold’s appeal grows as a store of value, particularly amid concerns about the safety and devaluation of foreign-held U.S. government bonds. Gold’s daily trading volume surpasses major indices, highlighting its importance in the financial landscape. Central banks worldwide have been acquiring U.S. government bonds, yet low yields and credit risks make gold an attractive alternative. The repatriation of gold from the U.S. by central banks and sovereign wealth funds is driven by concerns over U.S. fiscal issues and financial risks. The surge in U.S. debt and financial system risks could lead to a reset of the U.S. dollar’s dominant role. Gold may play a pivotal role as countries seek alternatives to the dollar, potentially impacting the settlement of international trade. As more U.S. states explore gold as legal tender alongside the dollar, the U.S. may consider gold to repay major bondholders like China and Japan. Join the conversation by sharing your thoughts in the comments section below. We appreciate your insights. Don’t forget to subscribe and enable notifications for more thought-provoking content. See you next time! 💯TOP 3 Video Swiss Sells $36.4 billion U.S. Treasuries ▶ Africa Rejects US’ Blank Check ▶ China to Accelerate Dumping of Up to $800bn U.S. Debt ▶ ━━━━━━━━━━━━━━━━━━━━━ ✅ COPYRIGHT DISCLAIMER Asian Quicktake Doesn’t Fully Own Some of the Materials Compiled in Its Videos. It Belongs to People or Organizations Who Ought to Be Respected. If Used, It Falls Under the Following Provisions: Copyright Disclaimer Section 107 of the Copyright Act 1976. “Fair Use“ is Allowed for Purposes Such As Criticism, Comment, News Reporting, Teaching, Scholarships, and Research. ━━━━━━━━━━━━━━━━━━━━━ ✅ If You Are the Owner of the Materials Used in This Video, Let us Know in the Comments or Send a Email to me. We Will Follow Your Request Immediately. ━━━━━━━━━━━━━━━━━━━━━ ✅ FINANCIAL DISCLAIMER This Channel’s Content Should Not Be Interpreted or Construed As Financial Advice. We Are Not, and Do Not Claim to Be, an Attorney, Accountant, or Financial Advisor. This Channel’s Content is Not a Substitute for Financial Advice and is Solely for Entertainment Purposes.