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SD Bullion News hosts the best source for online gold, silver and platinum news. Weekly, real coverage on metals markets and reactions to world news impacts.
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Monday Jul 17, 2023
Monday Jul 17, 2023
US Treasury head Janet Yellen was confronted about the impact of the BRICS currency trade settlement system during her visit to China. The claim that 90% of international transactions involve the US dollar is misleading; the actual figure is closer to 43%. Factors like the rise of m-CBDC systems and increasing gold reserves in BRICS nations are likely to further reduce the demand for the fiat US dollar.
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