GOLD 0.51% $1,391.7 gold futures

As the diluted US $ keeps corrupting the concentrating of...

  1. 13,001 Posts.
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    As the diluted US $ keeps corrupting the concentrating of traders adversely affected want & change.
    Those with attachment as the Canadian dollar or Philippine peso have waned
    The trade only needs the GOld and countries/banks can change local currency into & when the gold trade is exchanged.
    Gold could be the exchanger and for lucky ones also with the holder of wealth..
    Many are not doing the corrupting US $ as now India (gov) trading Gold in their currency.
    Gold trading in the middle east may respect as how much it is pegged by US amount but the need for US $ is not a necessity.
    Iran is definitely not using US banking or currency.
    Russia has divested a lot of its US $ reserves and with much of its trades over years enjoys done with GOLD.
    Many countries that have suffered by US sanctions have learnt how to trade with out US & $.
    Now the P on see is also US $ mainly backed but not with all? Unregulated? but just a digital holder transfer? trusted or not?
    The trust of on bank of Gold exchanging an agree meant of amount to another is the basis. what needs to create the gold one end or the other is immaterial to the real occurring GOLD TRADE and success of the TIER ONE deal. GOLD is GOLD.
    It is only a matter of time that the gold hubs or approved banks of GOLD trade or exchange. and avoid the US $ expence.
    Either that, or, we inevitable 2 block, and maybe after, ww3, and maybe if and not desired, hope that the new world is different & with afford ability, not bi polar wealth, integrity, and fairness for all?
    The world knows US$ and are drowning whilst not accepting. until a better way is a survival = MUST in as which IN BLOCKS?
    dyor
    Last edited by Goldnumber: 23/09/21
 
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