In recent times, the rise in gold prices has been supported by a weaker dollar and escalating tensions in West Asia. Many investors and financial analysts are beginning to question if Gold could potentially become an alternative to the US dollar. With the dollar index experiencing extended losses, the appeal of Gold priced in USD has increased for overseas buyers. The ongoing geopolitical tensions further add to the uncertainty surrounding the future of these currencies. Could Gold truly be the new alternative to the US dollar? Stay tuned to find out more.

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    20 Comments

    1. In answer to your qn , what does it mean ?
      In my Opinion it means we will be totally and completely F****d unless we take shelter in Gold , which is real Money , not the Dollar !!!😊

    2. Currencies (fiat promissory) vs money (hard asset):

      (my personal observation)

      1. BRICSPAY pegged to commodities. Local currencies to be used for a while until bricspay is fully implemented (although bricspay is already used.) It entails the full use of local currencies and commodities eg gold, metals, food oil etc via an inter and intra system that connects all BRICS members. If you hold bricspay units, you will automatically benefit from the increasing value commodities eg gold has. It is already clear from eg the SA Rand, which should have diminished even further under its USD peg, but has greatly retained its value because of its link to Bricsbank (which issued bonds in SA Rand recently.) There is thus the potential for the SARand (ZAR) to either further strengthen against the USD and or to eventually fully implement bricspay as replacement for the rand as fiat currency.

      2. "Old money" = inherited wealth from previous generations mainly in the format of hard assets (freehold property) and or gold. Whilst property remains a desirable asset, paper gold and gold traded on the NYSE is in jeopardy. Best to hold real gold on the Shanghai stock exchange.

      3. Bartering: commercial or individual exchange of commodities between parties as means of settling transactions.

      4. CBDC – continuation of fiat (floating, not backed by anything) currency to replace not only USD, a proof of stake currency, but attempt to replace all world currencies. Since it is centrally controlled by central banks and directly linked to a person's digital data, it is the least desired currency for its potential to fully control all aspects of a person's life and livelihood.

      5. Peer to peer, proof of work, bitcoin MONEY is not linked to any bank or centralized system and thus not subject to national, international or other control by any entity albeit that some entities eg Blackrock may attempt (with their bitcoin ETFS (https://cryptoslate.com/dissenting-sec-commissioner-says-agency-approved-spot-bitcoin-etps-not-etfs/) to on and offramp bitcoin, but can never execute central control over it since bitcoin is fundamentally decentralized. It is fully direct, 24/ 7 worldwide and, as such, the most desirable option for personal use. It's currently being hoarded by many but it's full potential has yet to come to fruition when it starts trading bitcoin to bitcoin, and is valued as such and then not in dollar terms anymore. This is expected when the CBDC token becomes the measure and the USD is not used as world currency anymore. (It is fast tracking towards it as the West's system (including EU) is engineered towards a collapse in order to implement the CBCD.

    3. Us dollar has been funding turmoil i remember when gossip was left for Women seems some Western men have dominated and taken along with Other aspects of Women but as Women become stronger they complain not knowing or just decades of brushing off how They feel to now force their feelings 🤔♥️

    4. Hi Dr O 👋
      It’s the first time I’m commenting but I’ve been watching your videos for months.
      I have an off-topic question about the current US elections. With how things are going, it seems that we’re going to have a trump vs biden rematch in November.
      You keep saying that biden is incompetent, and I agree to some degree, especially concerning Gaza. But trump’s rhetoric is straight fascistic and extreme. When those two are our options, I’d personally rather choose an incompetent older man than a crazy, fascistic old man. What are your thoughts on that?
      Also, have you read project 2025? I have and it’s a nightmare.
      Anyway, I appreciate you and I always watch you. Take care.

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