/biz/ - Business & Finance

>>20510908
Not be the ACHSHULLY guy, but there was an interesting article recently about how Europe has been trying to combat dollar dominance since the 1970s by building up gold reserves in multiple nations, to the point of having gold rich national banks sell it off to gold poor ones. This would align with what geopolitical analysts are predicting for the coming decades: a multipolar world, where the lone superpower isn't interested in being a global hegemon anymore. This isn't even conspiracy tier, we have their stated reserve numbers, and we can see they were equalizing their holdings over European states so that a gold standard would be equitable for them. Even Japan (which wasn't buying much because its a sign of no confidence in daddy USA) has picked up their buying pace.

At this point if Knox is really empty and US banks hold little gold, its only because they have a different exit strategy from our current fiat.

>https://www.voimagold.com/insight/europe-has-been-preparing-a-global-gold-standard-since-the-1970s