With the global economic recession on the cards, GOLD is the only option left for the countries to safeguard their assets. USD also faces drawbacks and challenges. Governments are decreasing their dependence on USD and looking to trade in their currencies. This will have an impact on the dollar's monopoly. Looking at USA's recent banking crisis, which is far from over, one thing is self-evident, US rule is coming to an end in the near future.
BRICS is about to launch its currency for trading and Arabs are doing trade agreements in Yuan along with India and Russia, things are looking ugly for USD, especially "petrodollars". A few countries started to increase their reserves of Yuan and are dumping dollars. Global power dynamics are about to change. A new world order is approaching, and I think China will be at the center of this.
I have a picture of the story being extreme but actually what's going on is not strong enough for us to see a new order, actually the story of war is something that no one wants but it's also hard to understand. avoid. Hopefully it won't lead to major disasters. There are views that I have heard about countries that are introducing measures to reduce their dependence on the USD and seeking to diversify their national financial systems. Replacing the USD as an international currency is a complex process and requires stability, reliability, and the support of many stakeholders. Therefore, when assessing global financial trends, it is important to understand and monitor international economic, political and financial situations to gain insight and make informed investment decisions bright.