SILVER Price - The Coming Gold Standard, page-1752

The problem with that thesis is most of the global debt is written in USD and or EUR.... hardly any is in CNY or RUB, which simply means it needs to be paid back in USD or EUR. SWAPS are regulated by the FED/USG so there will be a squeeze for non US allied countries as time passes.

That aside, for a global capital to function it needs to be OPEN. China doesn't have an open system and Russia is essentially muted. India is a political and military rival to China, so trust isn't high on the agenda, and consequently either is accepting CYN as a currency.

The death of the USD is premature.

I'd like to know how they think physical gold will be held and swapped as collateral when these 'sorts' of countries are untrustworthy closed market participants. Bit of a G up.