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VRIC Media: Fiat Currency is Over, Gold and Silver are the New Standard

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The recent Vancouver Resource Investment Conference (VRIC) brought together a group of insightful panelists to discuss the ongoing global monetary reset, the risks facing fiat currencies, and the shifting dynamics of global financial sovereignty. The conversation centered around the increasing erosion of trust in the U.S. dollar, the weaponization of financial systems, and the strategic response of nations to diversify their reserves away from U.S. treasuries.

The panelists highlighted a significant shift towards gold-backed assets and multilateral financial instruments, such as the IMF’s Special Drawing Rights (SDRs), as a response to geopolitical tensions and economic coercion. This move is driven by the need for nations to reduce their dependence on the U.S. dollar and mitigate the risks associated with the weaponization of financial systems. The emerging trend is clear: gold is playing a central role in the new financial landscape.

The discussion also touched on the critical issue of supply chain vulnerabilities linked to rare earths and the strategic importance of establishing domestic refining capabilities to reduce dependence on China. The panelists critiqued U.S. foreign policy, particularly its interventionist and “bully” tactics, which have alienated other nations and pushed them towards alternative financial alliances, such as the BRICS countries.

The consensus among the panelists is that the global financial landscape is fracturing into two spheres: one led by Western powers and another by the BRICS coalition. This division is driven by the need for nations to secure their financial sovereignty and reduce their exposure to the risks associated with the U.S. dollar.

One of the key highlights of the discussion was the growing recognition of silver’s dual role in industry and monetary history. Recently classified as a critical mineral in the U.S., silver is set to play a significant role in the emerging financial landscape. The panelists noted that the U.S. lags behind other nations in recognizing silver’s strategic importance, which has significant implications for supply, demand, and geopolitical considerations.

The conversation also touched on the emerging regulatory challenges facing the financial industry, including Basel III and the uncertain future of cryptocurrencies within traditional financial frameworks. As the global financial landscape continues to evolve, it is clear that investors and policymakers must navigate these changes carefully to avoid being left behind.

The VRIC panel discussion concluded on a historical and somewhat humorous note, drawing a parallel between the persistence of outdated institutions and economic interests (symbolized by the “horseshit” industry) and the current political and economic inertia centered in Washington D.C. The message is clear: the global financial landscape is undergoing a profound transition, driven by the need for nations to secure their financial sovereignty and reduce their exposure to the risks associated with the U.S. dollar.

As investors and policymakers, it is essential to understand and navigate this new landscape carefully. The emerging trend is clear: gold and critical minerals like silver and rare earth elements are set to play a central role in the new financial landscape. The question is, are you prepared to adapt to this new reality?

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For further insights and information, watch the full video from VRIC Media. The discussion is a must-watch for anyone looking to stay ahead of the curve in the rapidly evolving world of global finance.

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