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“Re: 4B Exchange Date?” by Vee – 7.16.22


Entry Submitted by Vee at 11:40 AM ET on July 16, 2022 “4B Exchange Date?” by Chow – 7.15.22 Chow.. you said..  “Barclays Bank is huge , last month confirmed gold backed but their bottom line was off $970 Billion , almost 1 trillion and could not participate globally until balanced.” My question is, to what or how are they valuing the exchange from whatever-currency to gold ?  970 billion of what, what currency ?  Some how – where the value of gold has to be set to a value so currencies then may be a par value. “ Fiat Money Definition – Investopedia Fiat money is a…

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