Fury Gold Mines Ltd FURY

Could we be seeing the start of the shift away from US$

[hallidas1]

Could we be starting to see the start of the end of US$ World Dominance? While most countries are now wanting to saction Russia to death CHINA says NO.

China says no to sanctioning Russia amid Ukraine bombardment, vows to continue 'normal trade cooperation'

Did not China and Russia set up their own Swift type of financial trading system a few years back? Also Russia is back to purchasing Gold. What if they decided to back their currency with something including Gold and do away with the US Swift trading system. Wonder what that would do to the price of gold and tag along silver?

[BullionGirl]

A financial system backed by China and Russia - who would trust it ?

[pennyflipping]

All these Russia sanctions are just the practice run for China, the CCP and their elites if they try to invade Taiwan.

[montydog]

Taking a break from trashing, PF...? Xi won't give up his presidency until he's secured his legacy of regaining Taiwan. He'll be watching how Ukraine plays out before making his move, but a major aggressive move is going to happen I think.  China are playing this shrewdly though. They're currently condemning any invasion against a 'sovereign nation' whilst

[pennyflipping]

I sure hope you are right. Lots of dominoes need to line up for that to happen. Looks like fury SP hit its bottom, so only upside from here? :) I'm still apprehensive to say high pm prices from the Russia conflict will trickle down to the miners and explorers. I think gold needs to hit all time new highs now.