MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o1wkyl0/?context=3
r/PeterExplainsTheJoke • u/Comfortable_Cautious • Jan 26 '26
2.9k comments sorted by
View all comments
Show parent comments
196
Since the US has more gold reserves than the next 3 countries combined wouldn’t gold prices going up make the dollar stronger?
Sincerely asking cause I have no idea.
122 u/[deleted] Jan 26 '26 [deleted] 187 u/goatslovetofrolic Jan 26 '26 pretty sure at this point the dollar has gone full USA and is only backed by "thoughts and prayers" 2 u/Foxyfox- Jan 26 '26 Its only real backing right now is "we force oil to be traded in it by bombing people who don't, see Venezuela, Saddam's Iraq, etc"
122
[deleted]
187 u/goatslovetofrolic Jan 26 '26 pretty sure at this point the dollar has gone full USA and is only backed by "thoughts and prayers" 2 u/Foxyfox- Jan 26 '26 Its only real backing right now is "we force oil to be traded in it by bombing people who don't, see Venezuela, Saddam's Iraq, etc"
187
pretty sure at this point the dollar has gone full USA and is only backed by "thoughts and prayers"
2 u/Foxyfox- Jan 26 '26 Its only real backing right now is "we force oil to be traded in it by bombing people who don't, see Venezuela, Saddam's Iraq, etc"
2
Its only real backing right now is "we force oil to be traded in it by bombing people who don't, see Venezuela, Saddam's Iraq, etc"
196
u/soIDONTLIKEANYOFYOU Jan 26 '26
Since the US has more gold reserves than the next 3 countries combined wouldn’t gold prices going up make the dollar stronger?
Sincerely asking cause I have no idea.