Deepin Moments and Jim Willie "Gold Standard and DeDollarization" 3-6-2023
Return to the Gold Standard! The US can't stop over 40 countries from using less dollars!
Deepin Moments: 3-6-2023
In summary: As the US dollar is used more and more countries!
The main currency generally recognized in the world is the US dollar, and the United States also ranks among the world's economic powers by virtue of the advantage of the US dollar.
Today, the US dollar plays a pivotal role in trade among countries, especially in oil trade. Therefore, the US dollar is used by many countries as an international reserve currency.
However, some experts in the United States suggested returning to the gold standard.
The reason is that more than 40 countries including China, Germany, Japan, and India have initiated the process of de-dollarization.
Jim Willie: De-Dollarization Movement Is Pressuring COMEX
Arcadia Economics: 3-3-2023
Jim Willie: De-Dollarization Movement Is Pressuring COMEX We're now over a year into the Russia-Ukraine war, with sadly no end in sight, to what's become a financial war in addition to being a kinetic one.
In that time we've seen a further polarization of the world, especially in the financial sense, and in today's show, Jim Willie checks in to talk about the latest financial implications.
Jim talks about how and why countries are moving away from the dollar infrastructure, what he sees happening with the CBDCs, and his views on how he sees gold and silver becoming a bigger part of the future financial system.
He talks about the gold and silver flows that may be going on behind the scenes, and why he feels the COMEX is at risk of being the victim after the dust settles.
So to find out more about the latest macro trends and how Jim sees them playing out, click to watch this video now!