5min chapter

The Jay Martin Show  cover image

Why Are Central Banks Around the World Hoarding Gold? With Andy Schectman

The Jay Martin Show

CHAPTER

Is the Shanghai Gold Exchange a World Reserve Currency?

Jay Parini: What gives the dollar its world-deserved status is the detection of the Saudi kingdom. Now all of a sudden we have another big kid on the block who is stepping in on our territory, he says. "If you weaponize the dollar as the world reserve currency, and I would argue that it is not our privilege to do that"

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