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[Music] with central bank stimulus weakening the dollar and gold being only about a hundred dollars short of its all-time high a question has started to arise can gold replace the US dollar as the worlds reserve currency the dollar has enjoyed this status for decades but since it detached itself from the gold standard in 1971 its essentially consistently weakened on a macro level confidence in the US government and the political system in the u.s. is one of the keys and gold doesnt have that issue of a loss of confidence but what it does have is a problem with transport ability thats why its more likely that a currency backed in gold or even a digital asset backed in physical gold could potentially replace the dollar much more easily than the actual physical bar of gold could [Music]
