Tom Bilyeu

They sell a high performing commodity like that because they need dollars right now and they couldn't get them any other way, just like in 2008.

So why now?

Simple.

Asia is forced to import the majority of its oil and a massive amount of that needs to come through the Strait of Hormuz.

Now we have to dig deeper to understand why they were forced to sell gold to get the dollars they need to buy the oil because that's not how this system is designed to work.

And when you answer that, you understand exactly why I'm saying this is not about the war.

This is about credit.

In a healthy economy, here's how things should have gone.

An Asian import company suddenly needs to replace oil.

It was expecting to arrive from the Gulf.

No big deal.

It's no small feat, but there is a system for this kind of thing.

It's called the Eurodollar market.

Step one is to call their bank.

Buying a replacement supply of oil at emergency prices is going to require billions of dollars they didn't budget for.

So they're gonna need to draw on a line of credit, but that's what the system is designed for.

They tap that line of credit and dollars arrive.

Problem solved.

No gold needs to be touched.

No silver gets dumped.