Challenging The Dominance Of The USD.

[Luigi1]

Here's some articles of GCR interests...

Challenging The Dominance Of The USD.

Central Banks Are Not Done Buying gold.

Treat as rumors.  Not verified.  Your opine.

 

 

FROM OTHER SOURCES:    Why Central Banks Aren’t Done Buying Gold.

ARTICLE:  Central banks worldwide have become the most enthusiastic buyers of gold, elevating it to the position of the world’s second-largest reserve currency, surpassing the euro & increasingly challenging the dominance of the USD.

 

This trend is a continuation of a long-term policy that started gaining momentum after the 2008 global financial crisis & the ensuing quantitative easing measures.

 

Despite a period of relative disinterest in gold from 2011 to 2020, central banks quietly accumulated reserves throughout, with purchases accelerating significantly in recent years, particularly in 2022.  This surge in gold buying is driven by geopolitical instability, economic uncertainty & the desire to hold an asset that carries no counterparty or default risk.

 

The World Gold Council’s recent survey of central banks reveals a strong consensus that gold will continue to play a larger role in global reserves over the next five years.  Nearly all surveyed central banks expect to increase their gold holdings in the near term.

 

This trend contrasts with the weakening confidence in the USD, whose share of foreign reserves has been steadily declining & is expected to continue this trend.  The loss of the US government’s AAA credit rating, ongoing fiscal challenges & inflation concerns contribute to central banks’ preference for gold as a stable & risk-free asset.

 

Gold’s appeal lies not only in its historical performance during times of crisis but also in its role as an inflation hedge & a reliable store of value that is not subject to default risk.  Alternative reserve currencies like the Euro, Yuan & Yen also carry risks such as inflation & potential default, making gold an increasingly attractive option.

 

The combination of sustained accumulation & rising gold prices solidifies its position as a key pillar of global reserve assets.  For investors, the ongoing commitment of central banks to gold suggests continued support for a strong gold market, at least in the near future.

 

In conclusion, the video presents a comprehensive overview of why central banks are heavily investing in gold, revealing a strategic shift driven by risk management, geopolitical & economic uncertainty & declining confidence in traditional fiat currencies, especially the USD.

 

Frank26:   Playing Fair & Equal To The Dollar.

ARTICLE:   Trump is leaving a wake of ER changes on this plant in order for them to play fair & equally with our Dollar. 

If they don't, they don't get a part of our economy. 

If they don't get a part of our economy, you will fold.

If [Iraq] de-pegs from the American Dollar...then they're in position to pair & that means they're in position to float.

They can start at a Dollar if they want. 

Although it would be really stupid. 

What a waste of time. 

Start out at $3 or $4+. 

Let's get going. 

We have a lot of work to do.

 

Mnt Goat:    Sooner Rather Than Later.

ARTICLE:  As investors in the Dinar, we have to fully understand here what is going on & stop wishing on a rainbow for the RV.

It is coming & sooner than you think, I assure you!

When the time is ready for the reinstatement it will kick off with the Project to Delete the Zeros, then monitor for inflation & then if all goes well they will move to reinstate the Dinar back to FOREX...

[Luigi1]

Here's F26 two cents worth...New ER...

 

FRANK26:   New ER.

ARTICLE:  The Budget Tables IMO contain a new ER.

 

[Luigi1]

Here's F26 two cents worth...Cash Dollars...

 

Frank26 via Iraq-Boots-On-The-Ground Report via FIREFLY:    Cash Dollars.

ARTICLE:  Showing On The News That The US Has Stopped Sending Cash Dollars To Iraq.

[Fimum]

https://www.zerohedge.com/geopolitical/fed-blame-dollars-recent-weakness-still-there-no-fiat-alternative

[Luigi1]

2 hours ago, Fimum said:

https://www.zerohedge.com/geopolitical/fed-blame-dollars-recent-weakness-still-there-no-fiat-alternative

 

There will be...the coming USD gold/asset backed digital UST note.

[Fimum]

I think the crux of the article is to downplay in the extreme the idea that the USD will be replaced as the world reserve currency. Even with our government's inability to control reckless (and fraudulent) spending, we're still miles ahead of the nearest possible reserve currency.

[Luigi1]

25 minutes ago, Fimum said:

I think the crux of the article is to downplay in the extreme the idea that the USD will be replaced as the world reserve currency. Even with our government's inability to control reckless (and fraudulent) spending, we're still miles ahead of the nearest possible reserve currency.

 

The key to our delema is to get off of the US Federal Reserve Fiat & going UST gold backed.

 

We should had never gotten off of the gold standard to begin with.   IMHO.