Foreign Exchange Reserves and Gold
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Very informative video. And an accurate prediction, I think, of what is currently happening in Greece.
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great job. australia has alot of us dollar reserves what will happen to the purchasing power of the oz dollar if hyperinflation dose occur
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india now in 4th place!
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So what happened to the u.s gold reserves?
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Gone through all your videos... nicely presented information. Keep up the good work.
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The Euro and Swiss Franc are gold backed?
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I didn't understand how you Japanese trillion dollar reserve disappeared?
"Well, it's gone!" was the comment, but WHY is it gone?
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Remember what happened in 2008? The financial world was focus on the possible failure of Bear Stearns. After Bear Stearns collapsed, the financial world was focus on the possible failure of Lehman Brothers. After the bankruptcy of Lehman Brothers... etc
The same thing will happen with currencies. The weakest (dollar/pound) will collapse first, followed by the next weakest (yen), etc... Until all that is left the survivors: Gold, gold backed currencies (Euro, Swiss franc), the yuan, etc.
cedec0 3 years ago