dollar

This week on the New World Next Week: BoJo and Pompeo turn up the heat on Cold War 2.0; Gold hits records as dollar debasement continues; and weird seeds flood the new normal.

Goldman Sachs has issued a bold warning Tuesday that the dollar is in danger of losing its status as the world’s reserve currency. Goldman Sachs Group Inc. has put a spotlight on the suddenly growing concern over inflation in the U.S. With the U.S. Congress closing in on another round of fiscal stimulus to shore up the pandemic-ravaged economy, and[Read More...]

This week on the New World Next Week: Russia, China and Pakistan team up to ditch the dollar; US rattles sabres with Iran (again); and the globalists are forced to cancel their conferences due to the corona crisis.

[audio mp3="http://www.corbettreport.com/mp3/2020-04-02_James_Evan_Pilato.mp3"][/audio]This week on the New World Next Week: Russia, China and Pakistan team up to ditch the dollar; US rattles sabres with Iran (again); and the globalists are forced to cancel their conferences due to the corona crisis.

Interesting and suggestive news out of Malaysia, which is proposing a gold-backed Asian "euro" for foreign trade, i.e., a two-tiered system: Malaysia Proposes Common […]
The post NEWS AND VIEWS FROM THE NEFARIUM MAY 30 2019 appeared first on Giza Death Star.

RT reported on March 26 that Russia is continuing to make great progress in putting an end to its dependence on American dollars when it comes to energy.

Energy giant Gazprom could become the first Russian company to exclude the US dollar from its foreign trade operations. It aims to switch to Russian rubles and other national currencies in payments for energy supplies.

Source : Truthdig, Chris Hedges, 04-02-2019
M. Fish / Truthdig
Par Chris Hedges
3 février 2019

More than any single time since World War II, financial experts in the West are openly questioning the current US dollar-led monetary order.
A number of fundamental questions continue to hound the US going forward in what many believe is an increasingly decentralized, volatile global financial playing field.
How long can the US continue to rack-up trillion dollar deficits? If the US dollar does lose its its world reserve currency status, what will the new monetary order look like?

In terms of global liquidity and ubiquity, by far the most utilized currency is the U.S. dollar – known widely as ‘the world’s reserve currency’ – because every country on the planet keeps large sums of dollars in reserve in order to make hard currency trades on majority commodities like oil, gas, grain and gold. That’s why the U.S. dollar makes up roughly 64% of all known central bank foreign exchange reserves. This advantage is what gives Washington unprecedented power and leverage in international affairs.