Replies to post #34373 on iShares Silver Trust (SLV)

[AlwaysRed]

Same old story:

2019:

https://www.lewrockwell.com/2019/04/tyler-durden/why-russia-is-dumping-dollars-and-buying-gold-at-the-fastest-pace-in-decades/

2018:

https://www.inquisitr.com/5005175/russia-is-dumping-u-s-bonds-and-buying-gold/

https://money.cnn.com/2018/07/30/investing/russia-us-debt-treasury/index.html

2017:

https://russia-insider.com/en/its-happening-russia-china-dump-us-treasuries-buy-all-gold-they-can-get/ri18875


2015:

https://www.silverdoctors.com/gold/gold-news/russia-continues-to-dump-dollars-and-buy-gold/

https://wolfstreet.com/2015/10/08/china-russia-norway-brazil-taiwan-dump-us-treasuries/

2014:

https://seekingalpha.com/article/2088183-the-nuclear-option-russias-threat-to-dump-treasuries


2013:

https://www.profitconfidential.com/forex/u-s-dollar/whats-with-russia-buying-all-this-gold/

2009:

http://www.usrarecoininvestments.com/coin_articles/world-prepares-to-dump-the-dollar.htm


2007:

https://www.thetrumpet.com/3327-new-global-trend-dump-a-dollar-buy-a-euro

See a pattern? Do you see a trend?

Let me ask you this. When is the last time you held a Ruble or Yuan? When is the last time you saw a transaction held in gold or silver? Can you walk into the convenience store down the road and buy gas with gold? Silver? Ruble? Yuan?

There is no infrastructure in place any where in the US, or world for that matter, to be able to transact in the Ruble, Yuan, gold or silver.

The Petro dollar is the worlds reserve currency. The Swift system is built on transactions in dollars, not the Ruble, Yuan, gold or silver.

There is no way that any time in the near future will there ba any means to replace the dollar as the means of exchange as the reserve currency.

How would the Ruble, Yuan, gold or silver be distrubuted to billions of people to transact in?

What system is in place to accomodate the means of exchange for anything other than the dollar?

Even crypto exchange is in its infancy.

Again, when is the last time you even saw a Yuan? Who would accept it? How do you spen gold at the grocery store?