global currency, global currency reset, u.s. dollar

Did You Know About the Global Currency Reset?

As talks about a global recession are heating up among economic experts, some believe that it might even trigger a Global Currency Reset (GCR). Russia and China seem to be at the forefront of looking to benefit from this shift in the world economy. The reset In 1944, the allied countries of World War II ...

Jack Roberts

The New York Stock Exchange.

The Yuan Is Trading Around a Very Critical (Psychological) Level

The Chinese yuan is currently trading just below the psychologically important level of 7 against the U.S. dollar. It peaked at 6.92 per dollar in May and has been largely kept below that level by the efforts of the People’s Bank of China (PBOC). Falling yuan The PBOC has been using its usual methods to ...

Max Lu

The Chinese yuan.

Replacing Fiat Monetary System With the Gold Standard

The U.S. went off the gold standard in 1933. Eventually, governments across the world adopted a fiat currency model for transactions, with the U.S. dollar becoming the top reserve currency. Today, almost 80 percent of global trade is estimated to be conducted in U.S. dollars. However, there is a move to ditch the U.S. dollar ...

Jack Roberts

A stack of gold coins.