When we Lose WORLD reserve status, prepare to lose real value from a lifetime of hard work. Venezuela will look like Disney World.
In 2019 so far, central banks have added 207 tons of gold to their reserves. They accumulated 651.5 tons of gold last year. Warning signs. Europe is developing an alternate payment system to bypass the US dollar. US foreign policy relies on the dollar = world reserve currency
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They are going to call it the Euro dinar. Will be sharia compliant.
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The EU is the enemy of the west
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We been exporting dollars to avoid inflation of fiat dollars for years. It can't go on forever. Can't help but wonder where OUR gold is - they emptied Fort Knox - where they send it?
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Iraq wanted to get off trading oil in US dollars ---- that was the WMD
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Got my gold, got my bitcoins. Lets do this.
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Signs the Sovereigns are moving back to the gold standard. Not by choice though.
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and yet Gold has been around 1300 give or take for 6 years. The central backs have it suppressed every time it gets to 1400.
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Come on over and check out what's happening in the Bitcoin© BSV society
@StefanMolyneux. Follow accounts such as@BitcoinAssn and@agora_icu to get a quick overview what we are building for the new internet and the new money. Honest money and a valued data internet/metanet.Thanks. Twitter will use this to make your timeline better. UndoUndo
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The dollar is being challenged ! It will lose its power.
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The US can enforce sanctions by blocking access to the SWIFT banking system. It's described as the: "miltary arm of the US Treasury Dept. " EU had already racked up as much as $45 billion in trade with Iran when Trump took office. They are trying to hang in & wait Trump out
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Unless it’s crypto.....
End of conversation
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Good luck moving the gold around
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Buy bitcoin en cryptically
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$35M/ton A lot of money to us, but to Central banks? Eh... I've been hearing these warnings for 20 years now... Starting to sound like chicken little.
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If you get a chance, look into which countries are exploring a gold backed cryptocurrency. My guess is China will come out with it first and then… It’s game over.
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Easy fix, all arms must be traded in US dollars. Unless Europe wants out of date hardware to defend against Russia, they’ll play.
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