CURRENCY REVOLUTION! U.S. States OPT for GOLD, China’s RECORD GOLD IMPORTS!｜AsianQuickTake

Welcome to Asian QuickTake, your source for in-depth analysis on global affairs, international relations, and technology. In today’s video, we explore significant strides towards currency independence as Texas and 11 other states declared gold and silver as legal tender on July 20th. This move follows earlier decisions in seven U.S. states to permit alternative legal tender outside their borders. Robert F. Kennedy Jr., a Democratic presidential candidate, advocates a “hard currency“ approach to support the U.S. dollar with tangible assets like gold, silver, and platinum to safeguard against inflation. The instability of the U.S. dollar has prompted emerging economies to bolster their gold reserves and explore gold-backed common currencies. At the upcoming BRICS summit in Johannesburg, South Africa in August, discussions about a gold-linked currency, the “BRICS Coin,“ will take place, with support from at least 41 nations. This currency has the potential to replace the U.S. dollar in one-third of the world’s economic and trade activities. Critics of the current monetary system, like former U.S. Congressman Ron Paul, argue that the U.S. dollar is not a reliable store of value. To address these issues, Congressman Muny has introduced bills to restore the gold standard, linking the U.S. dollar to gold for a more equitable commodity trade and financial system. The launch of the “BRICS Coin“ has global attention, with momentum towards de-dollarization growing. More U.S. states and stakeholders are seeking alternatives to the U.S. dollar, as even Americans adopt gold-related strategies to reduce their dependence. Central banks are considering gold reserves as the foundation for alternative currencies in case of a U.S. dollar system collapse. BRICS countries, China, Australia, and Russia are major gold producers and potential members of the gold-linked currency initiative. Data suggests that China’s gold reserves could surpass the U.S. gold reserves. The de-dollarization movement seeks to address drawbacks caused by perceived artificial manipulation of the U.S. dollar, and some European countries have long embraced de-dollarization. The imminent launch of the “BRICS Coin“ holds promise for the evolution of the international monetary system, fostering stability and global development. Thank you for watching this video. We value your thoughts and opinions, so please share them in the comments below. Don’t forget to like, subscribe, and enable the bell notification to stay up to date with Asian QuickTake. We’ll 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.