As gold hits all time high of $2,328/oz: The role of the dollar as the universal reference point for valuation has been shifting subtly behind the scenes over the last decade…. as China starts to demand people receive the RMB as payment… and as other BRICS search for alternatives to the USD as references for value…. geopolitical disruptions and a growing lack of confidence in the US direction is speeding up that directional shift… (back to the future) with gold emerging as the winner to date as BRICS central banks build bullion reserves. Increasingly I am hearing that this is the beginning of a transformation that leads to gold as the universal reference point… for foreign exchange and for commodities. Where we change our way of relative value comparison… from what is this worth in dollars?… to what is this worth in gold?
Gold is Security, @Glintpay its Key