The Currency War is red hot at the moment with weekly reports of China
in particular fuelling the rhetoric of ending U.S. Dollar hegemony.
Russia has also been very active at this talk, stating they will be
diversifying out of the U.S. Dollar and into safer investments. They
have been partnering with China as the sanctions simply push them
further away from the West. Slowly but surely, the BRICS are increasing
in strength and the Dollar begins to weaken.
The monetary system is far overdue for a change.
China Looking To Dominate Gold Market With International Shanghai Gold Exchange
Russia to Consider Diversifying Away From Western Debt Securities
Russia is considering diversifying its debt portfolio away from countries that have imposed sanctions on Moscow
Super-rich rush to buy 'Italian Job' style gold bars
Economic uncertainties trigger rush for 12.5kg gold bars
People’s Bank of China has given the Shanghai Gold Exchange permission to build an international gold-trading platform in Shanghai.
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