THE DOLLAR’S DEFIANCE! Fed CAN’T STOP Nations to REPATRIATE GOLD. Digital Yuan Rises.｜AsianQuickTake

Welcome to Asian QuickTake, your source for in-depth analysis of global affairs, international relations, and technology. In this video, we explore the accelerating efforts to escape the dominance of the U.S. dollar, with central banks worldwide issuing digital currencies pegged to strategic resources like gold. The global trend of de-dollarization is evident as countries repatriate their gold assets and move towards a new financial system. According to the Bank for International Settlements, 24 central banks are expected to have digital currencies by 2030, with most used for commodity trade settlements. The development of gold-backed digital currencies could weaken the dollar’s dominance, becoming a major trend in the global monetary system. Middle Eastern oil-producing countries, including Saudi Arabia and Iran, are converting oil revenues into gold, signaling their move away from the dollar. At the BRICS summit, China, Russia, India, Brazil, and South Africa may announce a common currency backed by gold for trade settlement, bypassing the U.S. dollar. Countries’ demands for the repatriation of gold from the U.S. reflect increasing distrust in the dollar. As the global trend of de-dollarization progresses, the U.S. must address its ballooning debt. The call for transparency in gold reserves is growing, with former Bank of England Governor Mark Carney suggesting a statutory digital reserve currency as an alternative. The BRICS countries’ adoption of digital currencies and a gold-backed common currency aims to prioritize de-dollarization and promote fair international trade. Gold’s role as a strategic asset is rising, with gold reserves reaching historic highs and becoming a key part of the new financial order. However, challenges lie ahead in achieving a new financial landscape, but with unity and cooperation among countries, the international financial system can become more transparent and fair. Join us as we navigate through the changes in the global economy and explore opportunities and challenges in building a stable and sustainable financial system. Share your thoughts in the comments below and don’t forget to like, subscribe, and enable the bell notification to stay informed with Asian QuickTake. See you in the next video. 💯TOP 3 Video Swiss Sells $36.4 billion U.S. Treasuries ▶ Africa Rejects US’ Blank Check ▶ China to Accelerate Dumping of Up to $800bn U.S. Debt ▶ ━━━━━━━━━━━━━━━━━━━━━ ✅ COPYRIGHT DISCLAIMER Asian Quicktake Doesn’t Fully Own Some of the Materials Compiled in Its Videos. It Belongs to People or Organizations Who Ought to Be Respected. If Used, It Falls Under the Following Provisions: Copyright Disclaimer Section 107 of the Copyright Act 1976. “Fair Use“ is Allowed for Purposes Such As Criticism, Comment, News Reporting, Teaching, Scholarships, and Research. ━━━━━━━━━━━━━━━━━━━━━ ✅ If You Are the Owner of the Materials Used in This Video, Let us Know in the Comments or Send a Email to me. We Will Follow Your Request Immediately. ━━━━━━━━━━━━━━━━━━━━━ ✅ FINANCIAL DISCLAIMER This Channel’s Content Should Not Be Interpreted or Construed As Financial Advice. We Are Not, and Do Not Claim to Be, an Attorney, Accountant, or Financial Advisor. This Channel’s Content is Not a Substitute for Financial Advice and is Solely for Entertainment Purposes.