Developing an alternative to the US dollar system is hard and takes a long time; gold serves as the neutral reserve asset that currencies and nations are weaponized, making gold the default alternative; central banks have been accumulating gold, and a Shanghai physical gold exchange window has disrupted gold markets
factualpending
Speaker
DoombergEvidence Quote
“developing an alternative the US dollar system is always going to be hard it's always going to take a long time it's nobody wants to hold anybody else's currencies”
Created: 8/11/2026, 7:18:45 AM
My Notes
Loading notes...