Why Are Central Banks Around the World Hoarding Gold? With Andy Schectman
The Jay Martin Show
00:00
The BIS Is Raising Gold to a Tier One Asset
The BIS raised gold to a tier one asset, meaning it's on par with cash. The Chinese Belt Road and Rail Initiative is the largest infrastructure project in human history. Almost all of it is settling on the new Chinese digital yuan. And also, we see further requests for a new system when the IMF says they want a new Bretton Woods.
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