Gold – It Is Still All About The US Dollar
In my original article I made the following statements: “It means that holders of any non-USD currency who want to exchange it for gold, must first exchange it for US dollars and then exchange the US dollars for gold. When anyone is selling gold, the proceeds are always paid in US dollars. The dollars can be held as such, or they can be exchanged for other currency.”
First published here: Gold – It Is Still All About The US Dollar
First published here: Gold – It Is Still All About The US Dollar