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How long will the US dollar’s dominance last?

Sovereign Man/Simon Black/8-25-2021

graphic image of stacks of hundred dollar bills

“It was nearly 1,000 years ago when foreign traders began looking for new options after they lost confidence in the solidus, and in the Byzantine government. Today there are already international banks, multinational businesses, and foreign governments that are starting to diversify out of the US dollar.”

USAGOLD note: Black says diversification out of the dollar will “happen gradually, then suddenly.”


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