Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Gold may once again be recognized as the world's reserve currency, as despite the process potentially being slow, growing debt problems worldwide indicate it.
In a recent interview, CEO of Monetary Metals and President of the Gold Standard Institute, Keith Weiner, stated that although dollar remains as the world's reserve currency, gold seems to be becoming an attractive alternative on the global market. His comments relate to the continued focus on the efforts of BRICS countries to develop a common currency to compete with dollar in international markets.
He noted that the only drawback seems to be determining which currency will serve as the basis for the new regime. He added that dollar will not lose its status as the reserve currency anytime soon, and the concept of gold-backed BRICS currency will not happen because it could lead to further devaluation of BRICS currencies. There may also be trade imbalances with gold, sending bullion back and forth.
According to Weiner's scenario, as the role of gold in international trade grows, the next step will be the creation of a neutral storage facility for global reserves, which will facilitate digital exchange and payment transfer. The third step in gold monetization will be financing these reserves, while the fourth step will involve creating derivatives based on this financing.
For the ultimate destination of gold, Weiner's company provided evidence that the precious metal can be financed. They successfully issued and redeemed two gold bonds, the first issued in 87 years, with a yield of 13%.
Now, as gold becomes a significant global monetary asset, financing will increase. In this type, the obligation matches the asset and eliminates risk from the business. Based on this, gold can become a monetary asset.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
