[delta7]

Yup. When the biggest money in the world,Central Banks, are ditching the Dollar for Gold, one must wonder why? Some of us know why.

[frank ballenger]

Not enough Fiat money.
They discontinued the Fiat 500 but I liked (from afar) seeing that model. Nice colors, too.

https://www.google.com/search?q=images+fiat+500&sca_esv=e8a6a7ca18a444ec&udm=2&biw=1316&bih=627&ei=BEgmaYDaApmvptQPja_h8AY&ved=0ahUKEwiA7P6Cxo6RAxWZl4kEHY1XGG

[ClearCase_guy]

Still no audit of Fort Knox. Hard to predict how the US will do if gold becomes a crucial component of currency value.

[sauropod]

Bkmk

[citizen]

Indeed, the US dollar remains the dominant fiat currency, accounting for 89% of global transactions and holding 57% of global reserves. But it leads a declining empire of fake money.

Investors and central banks are moving to a hybrid reserve order in which fiat currencies coexist with a structurally higher allocation to gold but also a rising use of decentralised cryptocurrencies.

---

Idk where things are going...but am 100% sure it won't be good for 95% of the world's population.

Which is the way things have gone ever since going off the Gold Standard.

So now...they're trying to bolster all this worthless debt with some gold backing now? Just imagine how much more stable the world would be without hundreds of $Trillions of fiat cash being been forced on it by the bankers & politicians.

[reasonisfaith]

Say goodbye to the Fed and the IRS while you still can. Pretty soon it will be too late because they’ll be gone.

[AZJeep]

Dollar is not worth a Continental.

[TexasGator]

“Yup. When the biggest money in the world,Central Banks, are ditching the Dollar for Gold, one must wonder why? Some of us know why.”

Russia is ditching gold. For what?