Liberal Forum

BIDEN REGIME's constant sky screaming at the world has produced
an unexpected result...a soon coming gold based world currency.

Remember what Lil Marco said....
""if we cant control the power of the dollar how can we sanction countries""

Lil Blinky...
""sanctions are how we maintain the Rules Based Order of Trannyism""

     



Willem Middelkoop@wmiddelkoop
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There You Go - It’s Official ‘BRICS planning to introduce new trading currency backed by gold at August summit’ ‘Gold standard will be a great benefit to strengthening single currency’ ‘41 countries have applied for BRICS-membership’ Source: RT / Russian Embassy
 
 

https://www.zerohedge.com/markets/gold- ... e-currency
 The Gold Standard Is Back: BRICS To Intro Gold-Backed Reserve Currency“The official announcement is expected to be made during the BRICS summit in August in South Africa,” Kitco reported over the weekend."At first glance, a new transaction unit, backed by gold, sounds like good money – and it could be, first and foremost, a major challenge to the US dollar's hegemony," Thorsten Polleit, chief economist at Degussa, said.

These 41 countries....plus soon admitted - Saudi Arabia

represent nearly

50% of the world population.....

The MULTI POLAR WORLD HAS ARRIVED

 
 

Sumela » 10 Jul 2023, 10:18 am » wrote: ↑

10 Jul 2023, 10:18 am

BIDEN REGIME's constant sky screaming at the world has produced
an unexpected result...a soon coming gold based world currency.

Remember what Lil Marco said....
""if we cant control the power of the dollar how can we sanction countries""

Lil Blinky...
""sanctions are how we maintain the Rules Based Order of Trannyism""

     



Willem Middelkoop@wmiddelkoop
Follow

There You Go - It’s Official ‘BRICS planning to introduce new trading currency backed by gold at August summit’ ‘Gold standard will be a great benefit to strengthening single currency’ ‘41 countries have applied for BRICS-membership’ Source: RT / Russian Embassy

In Fort Knox and the Federal Reserve in New York, the USA has by far, the most massive gold reserves on earth.

—
Gold reserves - additional information
The United States has the largest gold reserve, with more than 8,000 metric tons of gold. This was more than twice the gold reserves of Germany and more than three times the gold reserves of Italy and France.

—-

Now, did you know that some people claim there is no gold in Fort Knox?

Should we investigate ? 

This is bad for WASH DC.

In addition to this Putin has already decoupled the trade

in oil from the dollar. Hussein and Ghadaffi tried this....WASH DC murdered them.

Add to the weakening of the PETRODOLLAR and now the weakening of the DOLLAR.

Murkan empire in bad shape
 

WASH DC is in a complete panic.

Money laundering will become much more difficult

Sumela » 10 Jul 2023, 10:18 am » wrote: ↑

10 Jul 2023, 10:18 am

BIDEN REGIME's constant sky screaming at the world has produced
an unexpected result...a soon coming gold based world currency.

Remember what Lil Marco said....
""if we cant control the power of the dollar how can we sanction countries""

Lil Blinky...
""sanctions are how we maintain the Rules Based Order of Trannyism""

     



Willem Middelkoop@wmiddelkoop
Follow

There You Go - It’s Official ‘BRICS planning to introduce new trading currency backed by gold at August summit’ ‘Gold standard will be a great benefit to strengthening single currency’ ‘41 countries have applied for BRICS-membership’ Source: RT / Russian Embassy

There will be no gold standard.  The only way to do that is for each gold standard nation to back its currency with gold.  That means, that any time someone wants to exchange paper for some of China's gold, they can run down their nearest Chink-Bank and "Cha-Chink" - they pick up their gold.  Ain't gonna happen.
 

another Putin Poodle Circle Jerk Thread Fail....wazzup wit dat

Skans » 11 Jul 2023, 12:37 pm » wrote: ↑

11 Jul 2023, 12:37 pm

There will be no gold standard.  The only way to do that is for each gold standard nation to back its currency with gold.  That means, that any time someone wants to exchange paper for some of China's gold, they can run down their nearest Chink-Bank and "Cha-Chink" - they pick up their gold.  Ain't gonna happen.

^^^^^^^^^^^^^^^^^^
Old fart is scared ****
 

Sumela » 11 Jul 2023, 1:00 pm » wrote: ↑

11 Jul 2023, 1:00 pm

^^^^^^^^^^^^^^^^^^
Old fart is scared ****

You are ignorant and have no response to this.  China cannot amass enough gold to back their currency.  And, it would foolish to do so.  What it can do is amass gold so that it appears to be a wealthy nation, one capable of paying its debts.  But, that is not the "gold standard".  And, you are clearly not educated in economics or monetary policy.  See, unlike @peepee , I actually do know what I'm talking about and can put you in your place without hesitation, expletives or even trading insults.
 

Skans » 11 Jul 2023, 1:03 pm » wrote: ↑

11 Jul 2023, 1:03 pm

You are ignorant and have no response to this.  China cannot amass enough gold to back their currency.  And, it would foolish to do so.  What it can do is amass gold so that it appears to be a wealthy nation, one capable of paying its debts.  But, that is not the "gold standard".  And, you are clearly not educated in economics or monetary policy.  See, unlike @peepee , I actually do know what I'm talking about and can put you in your place without hesitation, expletives or even trading insults.

I trust the experts Xi and Putin and Modi and their advisors.