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Thread: It's Official: Russia And China Announce "New Global Reserve Currency"

  1. #1

    Default It's Official: Russia And China Announce "New Global Reserve Currency"

    What was it we have all been worried about and preparing for? Oh yeah. This should work out fine...

    https://www.zerohedge.com/news/2022-...id=IwAIt's Official: Russia And China Announce "New Global Reserve Currency"R3KQcCqRqADEp1FLEp8L6QIr0iB3herzMvGmok0Xw Sjc-lFmsFELx7BEaw
    Now there's no more oak oppression
    They passed a noble law
    Now the trees are all kept equal
    By hatchet, axe and saw.

    I will not comply.

    The Tea Party... quietly plotting to take over the world,
    and leave you the hell alone!

  2. #2

    Question

    IF This is True.. it Really should come as No Surprise to Anyone here at Kitco
    x3

  3. #3

    Default

    And, it sounds like more countries want to get on board.
    https://news.bitcoin.com/targeting-t...erve-currency/

  4. #4

    Lightbulb

    so do you suspect it is a good time to be buying gold/silver?

  5. #5

    Default

    Quote Originally Posted by maxwellsilverhammer View Post
    so do you suspect it is a good time to be buying gold/silver?
    It looks like the players in that move think so...

    China has been hoarding massive amounts of gold as well, as both countries hiked their gold reserve purchases a great deal a few years before the war. Russian banks also joined the China International Payments System (CIPS) making it easier for the two countries to trade. In April last year, China opened its borders to billions of dollars of gold imports, according to a report from Reuters.

  6. #6

    Default

    Aaaaand here we go...

  7. #7
    Join Date
    Aug 2020
    Posts
    1

    Default

    So that true, cuz they wanna separete the world and get more power in Africa and Middle East

  8. #8

    Default

    Quote Originally Posted by maxwellsilverhammer View Post
    so do you suspect it is a good time to be buying gold/silver?
    yet gold, silver are down

  9. #9

    Default

    Quote Originally Posted by yellowsnow View Post
    yet gold, silver are down
    Yes yellowsnow, and it makes very little sense to me yet again, once again, for over a decade - over and over and over... SMACK DOWNS. ??? When will it ever finally bottom out and begin its rise to the royal crown throne?

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