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Gold Backed Currency to Replace the US Dollar?

Gold Backed Currency to Replace the US Dollar?

Bible News Prophecy Interviews · Dr. Bob Thiel

April 20, 2021

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Show Notes

China introduced something that was called the gold-petro-yuan back in 2018. Since then, the global share of US-dollar-dominated exchange reserves have dropped to 59.0%. In April 2021, China became the first major economy to unleash a Central Bank Digital Currency. China also has given its banks permission to import large amounts of gold. Is China preparing for a gold-backed yuan to push …