PIR 05 05 20
I posted this yesterday in the community section ……In economic news “Shanghai Gold Boss wants Super Sovereign Currency” proposed crises times……The president of the Shanghai Gold Exchange (SGE) calles for a new super sovereign currency to offset the global dominance of the US dollar. He predicts it will decline long term while gold prices rally. Concerns mounted among some major market participants over the dollar dominated system (Petro dollar) as the Federal Reserve cuts interest rates to near zero and embarked on unlimited Quantitative Easing to control the damage from the corona Virus pandemic.
We knew this was going to happen…….the people of the world want something different…..and this from the Shanghai Gold Exchange is HUGE.
We are headed to an asset backed currency…..globally……a Global Economic Reset.