Commodity Trade Mantra

Posts Tagged ‘Currency Portfolio’

Yes, A Gold-Backed Renminbi Can Dethrone The US Dollar

The US appears to be doing everything in its power to hasten the relative decline of its own currency. Seems that the days of exorbitant privilege of issuing a currency that’s also the global reserve currency may be coming to an end – to be replaced, in time, with a bi-polar reserve currency world incorporating both the US dollar & the renminbi.

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