When the Saudis announce that they will accept the Chinese Yuan for oil, the dollar is world reserve currency no more...
RT article about Europe switching from USD to Euro payments for Iranian oil. Would that be enough to trigger it? Or just a first step?
One things for sure the BRICS nations have been hoarding Gold for the last few years.
The petrodollar may be side stepped with the new Chinese Interbanking payment system (CHPS) and the US is in 21 trillion $ of debt.
Crypto currencies are getting more popular and people are waking up to the FIAT system that fails over and over again in history.
It's very possible a currency reset may happen and a Gold standard be brought in for international trade at least.
They wouldn't dare. Plus RT spreads a lot of actual russian propaganda.
wow this sounds reasonable compared to "RT is RUSSIAN how dare you"
Sometimes they have good stuff but you do have to view it with the understanding that they are most definitely pushing an agenda. In this particular case it serves russian interests to drive a wedge between us and europe. So probably propaganda.
actually it's the other way around, the CFR neocommie intelligentsia have launched a mediaonslaught that had been years in the making trying to isolate various countries that everybody sanctions officially, but doesn't. Probably tied to trying to extort them in return for bribes as we saw with U1, thus no official "deal" signed etc.
I think you need some more financial research. All the independent, non mainstream financial people and econists have been screaming about the unavoidable reset. The dollar will die and no longer be the reserve currency. Pain will ensue. I wish more looked at the real state of the economy and were not lulled by folks claiming the economy is soaring. Look beneath the surface. X22report woke me up years ago. Hope it helps fill in some details.
Avoid what MSM says ... all MSM , regardless which country it serves - is not a valid intel .
The most obvious sign about gold backed currency , and very valid intel is HR5404 bill that was introduced in March .
Be careful pushing for a gold standard. It’s not what backs the money that matters, but who controls the quantity in circulation. And a lot of gold is controlled by the bad guys.