GOLD 0.51% $1,391.7 gold futures

I think it very very unlikely that's China would give up their...

  1. JFI
    6,837 Posts.
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    I think it very very unlikely that's China would give up their control over their currency to the IMF with joining an SDR system, presumably back by gold. China is control orientated for themselves. They are nationalist. USA is nationalist executive government now with Trump. Any gold backed system will be sovereign nation states backing their currency with gold. Again Russia, not in a million years would they give up the possibility of backing their own currency with gold and silver if that was internationally agreed. They are not going to go along with the IMF.

    This was a globalist agenda meme for return to gold but under the globalists IMF. The times have changed and it's nationalism now not globalism. Any gold standard will be independent sovereign states backing their own currencies on agreed gold price now. The old meme is over.

    JFI
 
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