Elena Nikulina

Peter Spina: U.S. dollar referred to as debt-backed IOU note with King of Debt signature

Peter Spina: U.S. dollar referred to as debt-backed IOU note with King of Debt signature
U.S. dollar called debt-backed IOU

Peter Spina describes the U.S. dollar as a debt-backed IOU note. He further highlights that it now features the signature of what he calls the King of Debt.

The statement draws attention to the symbolic nature of the currency and its leadership.

Spina has previously tracked shifts in silver-related securities. He recently reported that the SLV short position dropped 18.22% to 37.45 million shares as of late February. Earlier, he noted a 38 percent decline in SLV shorts to 45.79 million shares.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.