That’s right, the Reserve Bank of India just bought 200 metric tons of gold from the IMF with Strategic Drawing Rights.
So… Either, the Reserve Bank of India (RBI) didn’t want to get rid of their dollar reserves… (Yeah, right!) Or… The IMF didn’t want anything to do with dollars, and preferred receiving SDRs!
Count this as a major step toward a global currency, a global banking oligarchy, global governance from that financial oligarchy and a big win for Global Fascism as your New World Government. I would use the popular phrase “New World Order”, but as recent events clearly prove—there isn’t much “order” involved, just the chaos that comes with the continued looting and wealth shifting of the productive economies of the world, and its workers, to the bank accounts of the ruling elite, the “gaming class”, the royalists and their imperial Czars …. you know them by now, if you’ve been following along at all.
I wonder what the SDR to dollar ratio will be for central banks scrambling to trade dollars for SDR’s that can then be traded for gold. Can you say, “dollar run?”
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