Bit baffled by this. Investors are really reluctant to trust Russia because it is a kleptocracy. Brazil is politically unstable, and China and India hate each other and are more likely to go to war than merge their gold reserves to back a new currency
Why do people hate the USA/US dollar so much that they will believe these fantasies?
This is not a fantasy. This is happening right now. America has used its currency as a weapon one too many times and the rest of the world is tired of it. De-dollarization is well underway.
The US is almost 33 Trillion dollars in debt and keeps printing money. The dollar is backed by nothing but faith and the faith in America is cratering.
The central bank fiat currency Ponzi scheme is coming to an end. It is a process that takes time. Anybody picking dates is just guessing. The only thing guaranteed is the return to sound money [Gold and Silver].
People have been forecasting the end of central bank money ever since the UK came off the gold standard. Hoarding gold will increase it's value, but it isn't that useful as money. Until that changes central bank currency will continue
Bit baffled by this. Investors are really reluctant to trust Russia because it is a kleptocracy. Brazil is politically unstable, and China and India hate each other and are more likely to go to war than merge their gold reserves to back a new currency
Why do people hate the USA/US dollar so much that they will believe these fantasies?
This is not a fantasy. This is happening right now. America has used its currency as a weapon one too many times and the rest of the world is tired of it. De-dollarization is well underway.
The US is almost 33 Trillion dollars in debt and keeps printing money. The dollar is backed by nothing but faith and the faith in America is cratering.
Hi, I was wondering how the BRICS gold backed currency which was due to launch 6 months ago was getting on?
It doesn't seem to have happened you?
What happened? Did the Deep State stop it? I thought White Hats were in charge?
The central bank fiat currency Ponzi scheme is coming to an end. It is a process that takes time. Anybody picking dates is just guessing. The only thing guaranteed is the return to sound money [Gold and Silver].
The important question is, are you prepared?
People have been forecasting the end of central bank money ever since the UK came off the gold standard. Hoarding gold will increase it's value, but it isn't that useful as money. Until that changes central bank currency will continue