Renegade Resources

Renegade Resources

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Renegade Resources
Renegade Resources
Death of USD?

Death of USD?

Tracy (Chi)'s avatar
Tracy (Chi)
Apr 09, 2023
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Renegade Resources
Renegade Resources
Death of USD?
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Lots of talk of death of the dollar over the last few weeks, as TotalEnergies purchased a cargo of LNG in yuan from China,  China making deals to trade in Yuan, and Russia exploring other currencies to trade oil in due to sanctions.

I believe these calls are VERY premature.

To be a reserve currency you need these 5 things.

1. Trust in the central bank. The…

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