Tag Archives: reserve currency

What The Mainstream Media Isn’t Telling You About Your Money

The term media refers to the communication channels or platforms used to transmit information, news, entertainment, and other content to a wide audience. Media can take various forms, including print media (newspapers, magazines), broadcast media (television, radio), digital media (websites, social media), and more. It plays a crucial role in disseminating information, shaping public opinion, […]

Slowly but Surely the World is De-Dollarizing

FDR devalued the US dollar in 1933 De-dollarization is becoming more evident today than ever before. Before 1933, the US adhered to the gold standard, which meant that the value of the US dollar was tied to a specific amount of gold. However, facing financial difficulties, President Roosevelt signed Executive Order 6102 on April 5, […]

The Next Higher Gold Cycle Is Right Around the Corner

Markets often exhibit cyclical patterns, and these cycles can occur in various financial markets, including stock markets, real estate markets, and commodity markets. Interest rate cycles and business cycles are also very common based on monetary policy. Market cycles are driven by a combination of economic, psychological, and structural factors. A case can be made […]

The BRICS are a Real Threat to the US Dollar as World Reserve Currency

The term petrodollar refers to the concept of the United States dollar (USD) serving as the dominant currency for international oil transactions. It originated in the early 1970s when a series of agreements were reached between the United States and Saudi Arabia. Secretary of State Henry Kissinger played a crucial role in these negotiations. The […]

The US Dollar Is Slowly Losing Its World Reserve Currency Status

What is a world reserve currency? A reserve currency or anchor currency is exactly that. The world reserve currency is the currency that is held in significant quantities by major central banks and other monetary authorities as part of their foreign exchange reserves. Being the world currency has had significant advantages for the US since […]

Biden Proposal Would Allow the IRS to Snoop Private Bank Accounts

It might be an understatement to point out that the Country lacks competent leadership, particularly in the executive branch. Even more disturbing is the fact that the national leadership particularly the Biden Administration appears focused on eliminating individual rights in favor of a bigger and more controlling government. As the administration is doing all they […]

World Reserve Currencies Since 1450

The US supplied the Allies in WWII and got paid in gold. After the war, countries linked their currencies to the US dollar, which was linked to gold. The Gold Standard ended completely in 1971, but the US dollar’s reserve status remained. Today more than 61% of all foreign bank reserves are denominated in US […]

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