sorry i meant Saudi Arabia joins them. and yes, a Rusky scientist invented a blockchain for china's digital yuan, they will tie Gold into the basket of denominations that will pretty much replace or compete with BIS SDRs. Particularly the dollar. its dominance in weight is what China is focusing on. they will beat FedCoin at its own game because so far FedCoin has no plans to base itself on any real money, just the failing fiat dollar. this is the year of the dragon, china and russia have big big plans this fall. Even though Basil III gave commercial banks the ability to use 100% of the value of gold for its assets on the books, it aint really doing anything for the massive debt that is piling up daily around the world. the idiot Powel is moving right in step with Alan Greenspan in the 90s with single handedly causng the housing crisis by raising interest rate rise to styme the housing market to the point people were only paying interest on their balloon mortgages, i watched in amazement as he kept raising rates, no one could be that dumb, he destroyed it as planned. the same is happening now, Powell has to destroy something to reign is hyper inflation, any one of the bubbles that pop will start the process, and the dollar will collapse in synch with it. thus the economic reset to the rescue and WHO will they blame, most likely Biden Admin will be in the mix. they are too busy following orders in ruining America. China is preparing to save the world while gaining control of the world by next year. bank on it, yes in metals and miners, and no, not crypto miners. they will reset just like dot com, the current dot bong crypto craze is coming to an end, where it becomes lean and real. right now its a scam
Fixed number of units of currency for a 5 year period
Starting Aug 1, 2022
Weights determined in the 2022 review
Currency
43.38
0.57813
US dollar
Euro
29.31
0.37379
Chinese Renminbi
12.28
1.0993
Japanese Yen
7.59
13.452
Pound Sterling
7.44
0.080870
