Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

 "RV Status, and Weight of Gold" by TJ 7/14/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

"RV Status, and Weight of Gold" by TJ 7/14/19

Go down

 "RV Status, and Weight of Gold" by TJ 7/14/19 Empty "RV Status, and Weight of Gold" by TJ 7/14/19

Post by RamblerNash on Sun Jul 14, 2019 10:55 pm

I see no sign of movement anywhere yet today, including the CBI has not yet changed the international dinar rate on their website. I understand the RV window as being open until the banks in China open around 9am Monday their time, which is 9pm EDT today our time. If we hear nothing by midnight tonight EDT I will assume that nothing will happen again this week. Quite frustrating.

If the world is only going the 1st step towards the planned one-world currency at this time, which is making all currencies gold-backed but at rates each nation is comfortable with for their currency at this time, the current delay may be due to continuing discussions on the weights of gold each national currency represents.

However if the whole planned change is to happen in 1 go, the big thing to agree on is what the one-world currency will represent in weight of gold. For example, today the Qatari dinar represents 1,000mg, the $US represents 33mg, the British pound and the EU euro are slightly more than this, and the Chinese yuan a lot less at around 2.2mg, if my math is correct.

Many nations use the $US, so my thinking is the agreed weight would likely be around the current US weight of 33mg of gold which would be fairly seamless initially for the West, and make the East feel very rich (remember they are the ones putting up the gold as collateral for the RV). A law has already been prepared in the US that the dollar will represent an agreed weight in gold, but we just do not know yet what that weight will be. I don't know whether this is the cause of the delay or a symptom of it.

TJ
RamblerNash
RamblerNash
GURU HUNTER
GURU HUNTER

Posts : 18497
Join date : 2015-02-19

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum