Ben Armstrong’s recent appearance, dissected by the CoinSpeech team, sheds light on the transformative shifts in global financial power. You can find Ben Armstrong’s new video below.
The Waning Influence of the Dollar
“We’re done at being the world power,” Armstrong asserts, emphasizing the inevitable shift of the Reserve currency from the dollar to BRICS Pay. This change has been long-forecasted and is now materializing.
Gold and Silver: The Canaries in the Coal Mine
The massive movement of gold between global markets is a telltale sign. Armstrong notes, “Seven thousand five hundred and sixty gold kilo bars delivered to Brinks Hong Kong,” valued at $580 million, signals the changing dynamics. These transactions are steering the wealth towards the Shanghai Gold Exchange.
Strategic Moves by China
China’s approach to gold accumulation is insightful. Armstrong highlights that, “China understands what gold is – it’s wealth, not an investment,” and they are amassing it quietly. The belief is that China holds significantly more gold than publicly acknowledged.
BRICS Pay’s Gold-Backed Strategy
BRICS Pay’s upcoming currency will be “40% backed by gold,” making the shift more comprehensible in the international economic landscape. Central banks are buying gold at unprecedented rates to brace for the impending transition.
Impact on the Global Economy
Armstrong explains the broader implications: “These countries are buying gold because they know what’s coming.” The influx of dollars back to the U.S. due to declining global trade dominance marks a pivotal economic downturn. The purchasing power of the dollar is on a decline as these changes take root.
Preparing for Civil Unrest
The transition away from the dollar-dominated system may lead to instability. Armstrong predicts, “There will be some civil unrest when we lose this Reserve currency.” The loss of the Petro dollar agreement has exacerbated this uncertainty, yet there is hope for a stable transition.
A Hopeful Perspective
Armstrong’s message is clear: “My message to people is preparing them for what’s coming.” The focus should be on adapting to these changes responsibly to avoid chaos and maintain a certain quality of life amid the shift. “It doesn’t have to be apocalypse; we can keep some standard of living here,” he adds.