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![]() While the US currency is the most reliable globally and represents 90% of the world transaction volume, by comparison, the Chinese yuan currency represents nearly 1% of Global transactions and the British pound, the euro, and Japan represents combined represents the remaining 9%. Yet, the facts are that the US dollar dropped by as much as 15% compared to foreign currencies and precious metals, namely gold has jumped to $22,000 per pound representing a 20% increase... ...more RSK: I think the author nailed it on this subject. | ||
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