The Power of Gold: China and Russia War on the US Dollar

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0:00 - Intro to US Dollar
0:39 - US Dollar in the Middle East
01:36 - Weaponizing the US Dollar
03:11 - Masterworks Ad
04:18 - Why China is Buying Gold
05:03 - Chinese Yuan in Russia
06:16 - BRICS
07:18 - Russia's Digital Currency
08:42 - Conclusion
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#china #russia #gold

[tatianastarcic]

Is it advisable to continue saving in the United States dollar given the recent occurrences with SVB, signature bank, and first republic bank? These events seem reminiscent of the 2008 market crash 2.0. Alternatively, would it be wise to consider investing in gold at this time?

[grandwonder]

Wait a minute, why does Russia need the US’s permission to sell its gold to China? Isn’t that the business of the two countries and between the two countries? Since when has the US ever asked any other countries for their permission to do anything? The US placed hundreds of military bases alone China’s and Russia’s borders and pointing nuclear warhead and missiles at them and never even cared for how such acts would make those two countries feel! So why does the US feel it has the right to interfere with China’s and Russia’s business that they are conducting between themselves? Maybe if the US would simply mind its own business and stop imposing itself onto other countries’ businesses then the world would be a much better place! The US is literally the one entity that is causing all the major problems that countries all over the world are having to deal with! It’s shameful how this one country feels it has the right to rule and dominate all others whenever it feels like it! Learn to stay in your place USA!

[dranzacspartan]

Well it was bound to happen. USA is being totally irresponsible with their USD. Every country trades in USD. Every country clocks up debt to be repaid in USD. Except for USA.
USA gives countries a piece of paper that is supposed to allow them to buy equivalent trades exchanges anywhere around the World. But when it's time for USA to pay their debt, they just PRINT OFF MORE MONEY, which seriously dilutes the power of the USD for every other country in the world. As a result, USA does NOT pay their debt ... but indirectly ... every other country pays their debt.
USA gets commodities, raw materials, manufactured goods, global food, etc for virtually NOTHING ... they just give countries a piece of paper for their personal imports.
The other thing USA does, which is extremely MEAN, is that USD's are circulated by SWIFT. All Countries have their USD held in SWIFT, which keeps track of the Countries USD transactions. But, USA have the POWER to switch off any Country's SWIFT account so they can NOT do any trade exchanges ...even though its their OWN money.
Look at Afghanistan. USA decides they don't like their Government, so they've switched off Afghanistan from SWIFT so that Afghanistan can NOT get access to their own Trillion Dollars of USD ... forcing all the Afghan citizens to live in 3rd World Conditions because their Government can't build them Civic Infrastructures or Civic Services.
As such, Countries need to off load their USD's ASAP and leave SWIFT. Hopefully the new BRICS World Community with fix the International Trading problem for them.

[-second-HACKS]

You said it yourself, America:
"No one likes a bully."

[Lena-vwye]

China doesn't look to dominate US, it looks to compete, and give others alternatives. People don't always realize and pit them against each other in the sense of enemies. US on the other hand, sees it as a threat and doesn't look to compete but to suppress China's successes for their own gain.

[johnnyflores]

Gold and silver are money, everything else is Credit. - J.P. Morgan

[geralda]

The most feared words in geopolitics, "We are here to bring you freedom and democracy so, don't be too alarmed by our weapons of death and destruction."

[overcomer]

Good job Cyrus! You usually present genuine and fact. Keep it up

[johnblack]

I live in the UK and have never ever seen a dollar bill and i dont want to either.

[relaxwhc]

If you enjoyed this video, raise your hand to show Cyrus Janssen your undying support 👍✋🙋

[purpletulip]

I like to listen to cyrus's videos, very easy to understand and direct with facts

[Shenzhou.]

U.S is printing dollars backed by nothing. It's like that cartoon where Coyote chases Road Runner off a cliff and continues running on mid-air. When gravity finally catches up with him, that's when the USD will fall.

[philiptan]

The world is moving towards digital currency and China is already far ahead in this development. In Spain you cannot exchange your US dollar or any other currencies into the euro anymore. This was a total surprise to me when I landed in Spain where there is not one bank inside the airport to exchange the US dollar. China is by far now the most advanced country in the world surpassing the west.

[Aziz__]

I recently inherited almost $500k. I REALLY need to make this money work for me, and not just disappear over time. I've been scrambling for somewhere to put the money, where I can make an effort to use the gains to pay bills so I can quit my job or should force early retirement. All roads have pointed to the financial market of some sort which is a good idea buh where else should I put money besides the financial market? We have a 13% RPI rate so cash is tough.

[relaxwhc]

If you believe China is a peaceful and progressive country, raise your hand ✋👍🙋

[albback]

Nice explanation. Looking forward to the live discussion.

[thisiskevin]

Two of the world’s biggest gold producers and miners ramping up gold-backed national currencies and even CBDCs

[wulung]

Protecting your reserves and savings is not war but being prudent

[earthmanno]

Very objective and unbiased video. Bravo.

[Shining]

Thanks Cyrus - I've been waiting for some coverage on this. Excellent job you did walking us through it too. 🎯❤️