Bracing for CBDC: Unmasking Key Risks Investors Should Prepare For | The Gold Spot
The global monetary system might never be the same again. Countries are rushing to implement new technologies, buck existing power imbalances, and exert greater control over their economies.
Currently, governments across the globe are actively exploring, planning, and testing central bank digital currency (CBDC). These CBDCs promise to protect against terrorism, money laundering, counterfeiting, and other criminal behavior, but the real threat lies in the centralization of currency.
Anybody whose familiar with the Orwellian social credit system in China understands the dangers of giving central banks complete control over the citizenry’s access to the monetary system. The privacy, safety, and liberty concerns are endless.
Ironically, these futuristic developments are underway as the BRICS nations plan a return to the gold standard. Rumors have been confirmed that the multinational economic partnership is in the process of developing a gold-backed currency.
The one-two punch of an invasive CBDC and a renewed gold standard could mean major developments in the world of precious metals. Individual investors and central banks will be flocking to gold to shore up their investments and protect their interests.
Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Sr. Precious Metals Advisor Steve Rand & Precious Metals Advisor Todd Graf explain the threats behind Central Bank Digital Currencies, how the BRICS gold standard will impact gold prices, and how you can best protect your wealth moving forward.
🔗 RELATED LINKS:
💱 Redefining Currency: The Rise of Digital Currency, and What it Means for Gold and the US Dollar: https://www.sbcgold.com/blog/redefining-currency-the-rise-of-digital-currency-and-what-it-means-for-gold-and-the-us-dollar/
👁️ Executive Order 14067 & CBDC: A Threat to Your Privacy?: https://www.sbcgold.com/blog/executive-order-14067-cbdc-a-threat-to-your-privacy/
🏦 Banking Crisis 2.0 & BRICS vs Petrodollar: The Return of the Gold Standard?: https://rumble.com/v3009nu-banking-crisis-2.0-and-brics-vs-petrodollar-the-return-of-the-gold-standard.html
🔒 Safeguarding Your Wealth Amid Petrodollar Shifts: https://www.sbcgold.com/blog/safeguarding-your-wealth-amid-the-disintegration-of-the-petrodollar/
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