China, Russia and Gold in the De-Dollarizing World

Read more on this subject: Dollar Meltdown The
News Story Source: lewrockwell.com By Paul
Trending and gaining traction throughout the economic world is the increasingly relevant search for safe and secure alternatives to the US Dollar. Some due to geopolitical reasons and pressures, others from recognizing the significantly deepening debt associated with the US Dollar and government. Many have started questioning and doubting aspects of its sustainability and inviolability over the ballooning short and long term. Recently underscored by expected "trade negotiations" with the US's largest debt holders (Japan & China) which are now apparently to include exploring aspects of sovereign debt restructuring.

Others are looking to innovative crypto ideas in the hope that extra-governmental blockchain backed mechanisms of peer-to-peer "agreed value" might be the path to securing wealth. In short, all of these approaches are looking for the security which gold together with similar recognized hard assets like silver have provided and assured
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