Before summer is over, US dollar supremacy will disintegrate. That is, according to James Rickards. He is an investment banker and former CIA and Defense Department advisor. Rickards predicts that the status of the US dollar as the world’s reserve currency and medium for exchange will formally collapse on August 22nd. On that date, the BRICS alliance will announce the launch of their new currency, signaling the end of the American empire. Rickards isn’t alone in his assessment. Many analysts have been speculating about a new global currency to challenge the US dollar’s role as the world’s reserve currency. In late March, Former Goldman Sachs chief economist Jim O’Neill said that the US dollar’s dominance is destabilizing global monetary policies. He added that a BRICS currency, challenging the U.S. dollar’s dominance, would bring stability to the global economy. Read the full article here: To learn more, visit or give us a call at 866-923-2025 --- American Hartford Gold helps individuals and families protect their wealth with precious metals. This includes Gold, Silver and Platinum in both bars and coins. We provide both physical delivery to one’s doorstep or inside of a retirement account like an IRA, 401K or TSP. American Hartford Gold helps clients achieve greater security for their future by adding “safe haven” assets to their portfolio. American Hartford Gold has an A+ rating with the Better Business Bureau and has a 5-star customer satisfaction rating on multiple review platforms like Trustpilot and Google. Additionally, American Hartford Gold has has been ranked as the #1 Gold Company by the prestigious Inc. 5000’s 2021 list of America’s fastest-growing private companies. American Hartford Gold is a proud multi-year sponsor of NASCAR and is the only precious metals company recommended by Bill O’Reilly. To learn more, visit or give us a call at 866-923-2025...(read more)
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Title: The Date When US Dollar Dominance Will Collapse: An Impending Shift in Global Economy Introduction: The US dollar has long reigned as the world's dominant reserve currency, playing a pivotal role in global trade and finance. However, the signs of a paradigm shift are emerging, indicating that this era may be coming to an end. While it is impossible to predict an exact date, this article explores the factors pointing to the potential collapse of US dollar dominance and the implications of this transition for the global economy. 1. Rising geopolitical tensions and trade conflicts: One of the primary catalysts for the erosion of US dollar dominance is the growing number of geopolitical tensions and trade conflicts worldwide. In recent years, trade disputes between the United States and its major trading partners, such as China, have raised concerns about the stability of the US dollar as a reliable reserve currency. As these conflicts persist, countries are seeking alternative means to reduce their dependency on the dollar. 2. Economic weight shifting towards emerging markets: Emerging economies, collectively representing a significant portion of global economic growth, are demanding a larger say in the international financial order. With rapid economic development and increasing regional cooperation, countries like China and India are exploring opportunities to delink themselves from the US dollar-dominated system. The formation of new trade and currency agreements, such as bilateral currency swaps and the establishment of regional financial institutions, lays the groundwork for an eventual shift away from dollar reliance. 3. The weakening perception of the US dollar: The perception of the US dollar as a stable and reliable currency is no longer unquestioned. Persistent budget deficits, mounting national debt, and accommodative monetary policies have led to concerns about the long-term value of the dollar. Simultaneously, the rapid development of digital currencies, like Bitcoin, poses a challenge to the centralized control exerted by traditional fiat currencies, further undermining the dominance of the US dollar. 4. The rise of alternative financial systems: As the cracks in the US dollar-dominated system become more evident, alternative financial systems are gaining traction. For instance, the Chinese-led Belt and Road Initiative promotes the use of the Chinese yuan in trade settlements, while regional financial hubs, like the Shanghai Stock Exchange and the Dubai International Financial Centre, are emerging as potential rivals to traditional financial centers. These developments signal a gradual shift towards a multipolar currency system. Implications: The collapse of US dollar dominance would have profound implications for the global economy. First, it could provide greater stability through diversified currency reserves, reducing the financial vulnerability of individual nations. Additionally, countries currently facing economic sanctions imposed by the United States may find avenues to bypass them and forge new avenues for economic growth. However, a transition away from the US dollar would also introduce volatility and uncertainty, requiring international coordination to ensure a smooth and orderly shift. Conclusion: While pinpointing a precise date for the collapse of US dollar dominance is challenging, the factors contributing to its decline are becoming increasingly apparent. Geopolitical tensions, shifting economic weight, weakening dollar perception, and the rise of alternative financial systems all point towards an impending shift in the global reserve currency landscape. As major economies explore alternatives and establish new financial frameworks, it is essential for the international community to prepare for this significant evolution in the global economy to foster stability and growth in a post-dollar era. https://inflationprotection.org/the-imminent-collapse-of-us-dollar-dominance-the-timing-revealed/?feed_id=123488&_unique_id=64ca7a4b1e4cd #Inflation #Retirement #GoldIRA #Wealth #Investing #401ktogoldirarolloverguide #AmericanHartfordGold #Brazil #brics #canimovemyiratogold #china #dedollarization #default #dollar #DollarSupremancy #economy #goldira #goldiraandretirmentchannel #goldirarolloverguide #goldprice #Goldrollover #india #inflation #preciousmetals #recession #recession2023 #russia #selfdirectedira #solvingthemoneyproblem #SouthAfrica #stockmarket #RolloverIRA #401ktogoldirarolloverguide #AmericanHartfordGold #Brazil #brics #canimovemyiratogold #china #dedollarization #default #dollar #DollarSupremancy #economy #goldira #goldiraandretirmentchannel #goldirarolloverguide #goldprice #Goldrollover #india #inflation #preciousmetals #recession #recession2023 #russia #selfdirectedira #solvingthemoneyproblem #SouthAfrica #stockmarket
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