USA freezed Russia's Central bank Bonds of dollars which formed their part of Forex China, India and other countries got cautious. Especially China Now central banks of all USA non allies are hoarding gold like a bride hoards gold jewellery for her marriage And removing US dollar bonds from their forex Gold is limited. It was brought by some meteorite on earth
And Central banks wont sell it.
In 1971 , central banks held 71% of forex as gold which came to 12% in 2020
Now in 2025 it has again rose to 20%
And Experts say that by 2040, it will rise again to 71%
Gold will replace the US dollar and every other currency as a reserve currency
this explains sky rocketing prices of Gold since 1 year.
This will sky rocket to such an extent that i cannot write in words
Plan IAS
USA freezed Russia's Central bank Bonds of dollars which formed their part of Forex
China, India and other countries got cautious.
Especially China
Now central banks of all USA non allies are hoarding gold like a bride hoards gold jewellery for her marriage
And removing US dollar bonds from their forex
Gold is limited. It was brought by some meteorite on earth
And Central banks wont sell it.
In 1971 , central banks held 71% of forex as gold which came to 12% in 2020
Now in 2025 it has again rose to 20%
And Experts say that by 2040, it will rise again to 71%
Gold will replace the US dollar and every other currency as a reserve currency
this explains sky rocketing prices of Gold since 1 year.
This will sky rocket to such an extent that i cannot write in words
1 week ago (edited) | [YT] | 4