BRICS Will Devastate U.S. Dollar & Economy – Bo Polny

by Greg Hunter
USA Watchdog

Biblical cycle timing expert, geopolitical and financial analyst Bo Polny predicted last year to “expect the US dollar to go lower and gold, silver and Bitcoin to trend higher, much higher in 2024.” What have we seen so far? Bitcoin and Gold are, once again, flirting with all-time highs, and silver is starting to turn up, too. What about the dollar? So far, it is holding steady, but Polny contends the BRICS (Brazil, Russia, India, China and South Africa) are about to put a hurting on the buck. Polny explains, “The game changer is . . . the BRICS are about to attack the US dollar. I don’t care what anybody says, this is going to happen. The dollar will be dethroned as the world reserve currency. When it is dethroned as the world reserve currency, the bond market will collapse, interest rates will spike and the real estate market will collapse. It will be absolutely devastating to the US economy. This will fulfill the prophecy of Kim Clement. He said the brothers of Goliath, those are the BRICS nations, ‘we will stand in glee, we will cripple you.’ What does that mean, ‘we will stand in glee’? Didn’t we just see Putin slapping high fives in the United Arab Emirates (UAE) and with everybody over there? . . . We could see a high probability of a war beginning this March. Why? If you attack the supremacy of the US dollar, it’s an act of war. . . . The dollar will be dethroned as the world reserve currency. It will lose roughly 30% of it’s value, and that will take the USD index down to around the 70’s. Here’s the problem. This is not on millions of dollars of debt like the 1970’s. We now have leverage, upon leverage, upon leverage with derivative contracts. So, a 30% haircut on derivative contracts (in the quadrillions of dollars) is devastating, devastating to the economy. I have said this before, and I am going to say it again, when the US dollar is dethroned as the world reserve currency, you are going to see Bitcoin blow vertical. This is why even at $60,000 (per unit), it is still a deal. Bitcoin is going six digits. I write this in my newsletter. We have a $100,000 price coming on Bitcoin, and that is just a warmup.

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