Mara logo Accord you've almost certainly been hearing a lot about this lately and it does have a direct effect on a lot of what we've been talking about with what's going on with gold prices right now this directly is related to some of that so we're going to get into it this is so significant in so many aspects of the economy it's going to affect you directly it's going to be very important let's get into it and I'm got to keep it really basic and simple a beginner's
guide to the mara logo Accord and I please humbly ask you to click like it helps people like us help more people like us and you know for a fact nobody is seeing this coming this Accord is just simply very similar to what you've seen over the years in the past decades ago there was a Brett and woods agreement there was the plaza Accord this is just the latest concept or iteration of a restructuring of the entire Global Financial system it's a mix of foreign policies Financial engineering and debt restructuring and
it's aiming to boost American manufactur ing while now pay attention to this while weakening the dollar making it more competitive against our enemies Japan and China other countries that are producing things a lot less expensively they have a lower Workforce because their dollar is devalued the marago Accord is just a mix of foreign policies Financial engineering and debt restructuring and what it's doing is it's aiming to boost Manufacturing in America it's also trying to get get the American dollar to
be less valuable now pay attention to that and think about it in terms of everything we've talked about especially with gold prices since they were over $11,200 an ounce less when I started telling you to buy it marago ACC course is also aiming to reduce the overall American debt and I have to give credit where it's due because this has been one of the biggest issues that I've seen for decades now above the American economy and how it's definitely going off a cliff here no one's pulling it back no
one's stopping and this disruption is maybe the thing we need right now to actually get our feet beneath us and take a breath and figure out what we're going to do about this incredible American Dead bomb Donald Trump has promised to deliver a golden age that will include a Renaissance for American manufacturing and exports and he also has long-standing concerns about the size of the US trade deficit which hit a record of $12 trillion in 2024 and he says this is just a wealth transfer from one nation to another and
he's exactly right with this deficit all you're doing is sending more money out to the East and out to Europe and out to South America you want to have a positive trade balance where you're selling things to other countries making money from that more than you're buying from them and a lot of this talk about revaluation of gold all started when Scott bessent the treasury secretary mentioned that we would monetize some of the American debt and one of the ways to do that would maybe potentially and
logically be to revalue gold which is on the books right now for about $42 per ounce even though it's trading at closer to $3,000 an ounce president Donald Trump's aggressive plans to shake up how the US trades with the rest of the world have fueled speculation about the potential for a grand multinational bargain that would deliberately weaken the dollar helping American exporters compete with Rivals such as China and Japan and notice when I say certain phrases such as deliberately weaken the
dollar and what do I tell you about the revaluation of gold that's just the devaluation of the dollar and that would actually be the exact same thing that we're talking about here with the mara Lago Accord the Bretton Woods agreement in 1944 is just a bunch of countries who have the power get together and they make a decision so you had countries like United Kingdom West Germany America and a few others just say okay now we're all doing bre and woods which is what established the US dollar as the world's
Reserve currency and then in 1985 he had the plaza Accord and the purpose of that again was to weaken the US dollar a lot of Nations have a lot of debt owed to America it's really problematic to pay that debt especially when the American dollar is strong and they're manually forcing this dollar to go lower for the benefit of not only America but other countries worldwide that agree to it much of the attention is focused on a paper by Steven Moran Trump's nominee the White House Council of economic advisors in
this letter Moran laid out possible policy options for reforming the global trading system and fixing economic imbalances and widening trade deficits driven by persistent dollar overvaluation when the US dollar is strong it actually undermines the ability of America to produce Goods for the rest of the world that's why we don't have manufacturing here but we have it in China Mexico La India some analysts view the dollar today as overvalued based on economic models that look at things such as the domestic
purchasing power of a currency and you know that the US dollar has lost 98% of its purchasing power since the formation of the Federal Reserve the overvaluation and its effects mean that Washington has an incentive to reach some kind of deal with other nations that would address currency strength you see it's a bunch of Nations agreeing that this is how we're going to do it now this isn't organic at all nothing wrong with that but I'm just saying it is some people who make what they think is the best
decision of the time and maybe it's the best decision you don't know but they're going to make that decision in 1985 a group of governments agreed to the plaza Accord named after the New York hotel where officials met against a similar backdrop High inflation High interest rates and a strong dollar although we don't have as high of interest rates as 1985 but everything else is similar the deal is reached between America the United Kingdom Western Germany France and Japan that's all it takes can we get
five countries to all agree to this and then that happens as long as America is one of them everybody else goes along theact was made on the basis that the greenback's huge move higher was damaging the global economy and that was at a time when vr's got interest rates going through the roof and then you have Ronald Reagan coming along and unrolling a big expansive monetary policy all of this made the US dollar very strong in comparison to a lot of other currencies which puts a lot of problems not only on
other countries to pay back debts but also in terms of America's own ability to export products there's been policies outlined that are going to weaken the dollar shift a lot of tax burdens onto other countries while restructuring the entire debt load it's basically a fullscale financial realignment which I am all in favor of I cannot believe it took this long I'm so glad we're here now we need to shake everything up we have to be a disruptor with the global debt our entire economy is 70% based on
consumption that us and American are going to go to the store and buy something but a lot of the tariffs are kicking in tomorrow by the way so that might make avocados cost you a little bit more it's argued that the plan's going to revolve around three specific pillars terrorists being used as a source of Leverage but it's also a source of income from taxation they also discussed setting up a us Sovereign wealth fund which is rare because since we have a big ongoing trade deficit and
they're also talking a lot about a big debt restructuring to absorb a lot of the debts that we've built up that we cannot afford to pay and there's tariffs kicking in some of them tomorrow against Canada against Mexico against Europe against China I don't know if they all kick in tomorrow but who can keep up with this stuff but at first you think maybe it's a standard trade War like we've seen before just a really big one but it's just part of a bigger picture this is all part of this big economic
restructuring now listen to this paragraph here this is so interesting to me this aligns with Trump's America First economic approach instead of raising taxes on US citizens or cutting Social programs his administration is looking to fund the government by taxing Imports now once again listen to what I just said there did you catch it instead of raising taxes on US citizens the government is going to tax Imports which are paid by American businesses and American citizens so it's a tax that
they're not calling a tax but it is a tax just like inflation's a tax it's the unspoken tax but in terms of sovereign wealth funds you're usually going to see that through a country that has a trade surplus countries with Sovereign wealth funds are more like United Arab Emirates Norway Saudi Arabia but where's all this money going to come from and this is where it all started Scott bessent mentioned that we would monetize the US debts and part of the ways one of the most logical and simple ways to do that
would be to revalue gold and that's what started a whole big conversation on that topic us gold prices are stol on the books at 4222 an ounce but if you revalued it to Mark to Market $2,900 it won't actually increase the value of gold but it would increase how much space there is on the American credit card if they revalue gold higher than that that will really push up gold prices and gold mining stocks if revalu to the market price of around $2,900 it would create nearly $900 billion in new Equity overnight that'll
fill a lot of potholes pay a lot of teachers you give the government a new pool of capital without borrowing more money or printing dollars but then listen to this part though it's not just gold they might not do it I think they should but they might not but they also could sell federal land in another ways even if they were to liquidate or sell confiscated cryptocurrencies I'm against all of that if you think about it on a personal level if you are drowning in debt and you say okay well I'll sell my car and
my TV and my coffee maker yeah you'll generate a few dollars to go against your debt but then are you better off or you just kind of like in trouble then but the logic is pretty solid where America owes trillions in debt that could be partially Satisfied by selling off some of these assets it's basically a back door way of draconian measures that you saw a lot of this happen in Cypress and Greece over the years when they're having a lot of trouble but by putting the assets to work Washington could create new funding
sources without adding to inflation or increasing taxes I'm all for that of course though it's widely known anything artificial is a temporary thing and the confidence in the American dollar will only decrease the more they have to Monkey around this stuff and a lot of this is involving defaults they're saying we're not going to pay that or we'll pay you less or the big one now is these forever bonds where they say basically forever Bond they say okay you can buy $100 million in a
forever bond which pays no interest you don't get any coupon payment and in 100 years you get back your $100 million but so what they do now is they sell it to you for say 90 million you put in a 90 million give to the American government American government doesn't do anything you get no payments until 100 years none of us will be around then problem solved but no matter what level of financial engineering we get into it doesn't actually pay the debts necessarily the money coming in from the forever bonds
could be used against the debt but besides that we're moving a lot of things around the try things we're doing a few defaults here and there and at the end of the day if you owe a debt of $100 you still owe $100 but they just devalue the currency it's easier to pay back that $100 because it doesn't take as much it takes as much nominally but the value is a lot less it's the same thing if they devalue the currency by revaluing gold they're just saying that the currency is less valuable than we're
pretending it's worth and confidence is what all currencies are all about especially in the days of Fiat currencies it's just an idea we agree upon you give me $20 us I know that I can use that somewhere else to buy about $20 worth of stuff in America that's confidence right now the administration is considering a foreign debt Swap and they're going to compel a lot of these nations that we owe money too we're going to compel them say we're not going to pay you when we said we're going to
pay you or how much we said but you expected to get your bonds cashed out in the next 10 years 5 years but you know what now you can wait 100 years and we'll pay you back then that's a default it's a default no matter how you look at it the idea would force us allies to absorb portions of American debt in exchange for continued military protection which would also involve swapping existing foreign held us treasuries for these New 100y Year non-marketable Century bonds these bonds once issued would not be publicly traded
meaning they would be locked away in foreign central banks removing them from the global debt markets entirely the benefit for the us at least is that less treasury Supply would be in the open market and that's going to push interest rates lower which will ease debt pressures the higher the interest rates just like you with your credit card or your auto loan payment the higher the interest rates on your mortgage you pay more in the carrying costs if you lower the interest rates then it's a lot
easier to pay those obligations the risk however is that if allies refuse to participate Trump could withdraw US Military Support or impose additional tariffs which could cause any number of economic Rifts between different nations and the bigger risk being that if nations are forced to absorb some of America's debt it'll definitely undermine confidence in American treasuries but I just got to say something here if there's any Nation worldwide or anyone worldwide that still has the same level of confidence in us
treasuries then you're not paying attention to the right stuff we are clearly in a financial conundrum and I'm so glad to see that at least someone's doing something about it whether it works well or not I don't know I have my opinions you got your opinions I'm just saying the option the other alternative was to just keep on doing what we're doing if you just keep on doing what we're doing it's just getting worse and worse no one's doing anything about I got to say I've wanted somebody to
deal with this for the longest time because there so much quality of life and happiness that will come out of dealing with and taking the Bad Medicine to deal with the American debt the maral logo Accord is quickly becoming a reality we've got a lot of pressure on the NATO members tariffs are being implemented to raise money through taxation as well as to encourage certain actions among the Nations being tariffed and there's always options of how we're going to deal with the debts Washington
is finally discussing new ways to manage its $36 trillion debt load a weaker dollar could increase us manufacturing make the debt loads easy to deal with by reducing Financial burdens and borrowing costs and a sovereign wealth fund could unlock a lot of financial flexibility so you see it's not one thing it's not tariffs it's not NATO needs to pay their way it's not monetizing gold it's all of this together we're playing chess here not Checkers but there are risks of course tariffs could fuel
inflation the pressure on the NATO members could cause a lot of military Rifts all this financial engineering could spook investors as I think it should and a NATO based debt swap could shake confidence in the US treasuries among Global players they're hoping to reshape the financial system and applaud them for that they're hoping to do it without breaking anything it's too soon to know whether or not this is going to go horribly badly or very well but historical precedents which I lean on a lot are
Breton Woods The Plaza Accord and those all actually did stabilize the global economies to a certain degree it helped out a lot of Nations that owed debt to America which by the way will be released into the wild as they need less of it they're going to release it in the wild it'll eventually find its way back to America which will fuel infl extremely the marago Accord however it works out it is the time to do this even if it might not work out well we definitely cannot stay on the same
trajectory we're driving to the edge of a cliff and it's clear and I've been talking about it for so long and you can see the cliff and you know you're going to go off the cliff so we either go off the cliff or we try something else and maybe it works the mara Lago ACC cord may be that exact thing you'll hear a lot more about the mara Lago Accord in the next few weeks weeks months and it's already starting to be implemented in some ways and if you want to keep an eye on all this please become a Peter leads
Insider so that we can have direct contact with each other and a bunch of other bonuses too for a couple of bucks because this transition which needed to happen is now happening all the rules of the financial markets and financial assets are going to be shaken up and then all this chaos I always tell you in the chaos is where the biggest opportunity lie there will be a lot of moves you can make now and that's why you want to be in touch with me because a lot of moves you can make now that will really help you going forward
financially help you protect the people you care about and make sure that you land on your feet on the other side of all of this coming commotion whether you're in favor of it or not it's going to be a lot of commotion and hey you guys have been asking me about clarifying the difference between Peter leads insiders and the Peter leads newsletter we did that now at Peter leads.com on the main page you can see everything everything laid out right in front of you it's totally clear you any
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