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Saudi Arabia could flee to gold or cryptocurrencies to escape the money-printing machine, but it won't replace the US dollar with an inferior fiat currency.
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Following the invasion of Ukraine, various countries have taken a series of aggressive actions. North Korea successfully test-fired its most powerful intercontinental ballistic missile on Thursday (ICBM). The missile landed in the Exclusive Economic Zone of Japan (EEZ).
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The White House recognized this week that sanctions are ineffective, but Biden thinks it's fine to shrug and say, 'Sure, sanctions have failed and are also causing food shortages, but that's just the price you little people have to pay!'
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Russian billionaires have been moving billions of dollars in ill-gotten gains abroad for decades, putting it in shell firms to make it impossible to track.
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According to one precious metals group, a weaponized US dollar as Russia's war with Ukraine enters its fifth week could generate greater possibilities for gold or crypto.
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If Biden is correct, he, Bush, and Truman were all war criminals.
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Since Putin's energy chief Pavel Zavalny stated it may be utilized by friendly countries, the digital currency has risen by roughly 5%.
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According to a new analysis by the International Monetary Fund, the dollar's proportion in international reserves has been declining for the past two decades as central banks seek to diversify their holdings into the Chinese yuan and other currencies.
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Russia is exploring accepting bitcoin as payment for its oil and gas exports in the face of increasing sanctions from Western countries over its invasion of Ukraine.
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For years, Vitalik Buterin has been a household name in the crypto sector, but he's just recently become a household name.