Thursday, December 12, 2024

Tag: United Arab Emirates buys 75 tons of physical gold from Russia as U.S. dollar loses grip on world reserve currency status

United Arab Emirates buys 75 tons of physical gold from Russia as U.S. dollar loses grip on world reserve currency status

by Ethan Huff, Natural News:

In preparation for the imminent unpegging of the United States dollar as the world reserve currency, the United Arab Emirates (UAE) just purchased 75 tons of physical gold from Russia, marking the next step towards America’s soon obsolescence as the world’s money changer.

Drew Mason, Managing Partner of St. Joseph Partners, told LifeSiteNews in a recent interview on “The John-Henry Westen Show” that not just the UAE but also many other countries around the world are divesting from the U.S. dollar and replacing it with precious metals that actually hold value.