Ghana Realises Gold is Better Than the Dollar.
#gold #oil #dollar #ghana #brics #money #trade
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Today we will look at the announcement from the Vice president of Ghana yesterday that the West African nation is looking to pay for its oil imports in gold.
We think this will help set an example for other Global South and Emerging Market countries as they will realize they do not need to use the fiat dollar for international trade.
Ghana working on a plan to buy oil with gold rather than dollar (Reuters article): https://archive.ph/ZiQSe#selection-439.0-442.0
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