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Sask | Yes, but that all hinges on gold not being an industrial metal. If it is simply an industrial metal then the $us is still king and no country would bother with these trade issues. And if we really were a planet of free and independent countries left to make their own decisions then it wouldn't matter what happens with SWIFT since countries will simply agree on their own means of settlement.
But the peasants beleive whatever they are told and so can't figure out why things go against the narrative. The $us is not the reserve currency because countries can't figure out how to do an exchange on their own terms. The $us is the main currency because that is brought in by force. If it isn't enforced then countries could conduct trade on their own terms. The mechanisms of that enforcement are not visible, but let's just say your representative in government is not serving your best interests but rather has another entity that has say on what your governments position is on a certain issues. The uni-party has an explanation as to how it comes about.
The club that runs the fiat currency system knows the value of currency created out of thin air. And they do what they can to enforce the idea the dollar is of utmost value. It's why nothing in the public sphere is framed how it really is - land has not gone up in value, the currency has lost Value. But it is never, ever worded that way anywhere on tv, media, or government. The people in charge keep it that way.
But the same club knows what assets are. Sure, the peasants are starting to figure out what value actually is, and that it is not granted by dollars but that value is inherit in the asset. The asset is the value. Not the dollar used to reflect value. So the club does not use dollars to measure anything, they use assets vs assets. And so they do value gold, dollars not so much.
While the peasants are figuring out that owning assets is the right thing to do, they are still having an issue of how to sell off 1/4 acre of their plot to buy a new living room set, or how to sell off the porch on their house to go on a vacation. So far most peasants are struggling with this. They don't see any other asset in the world worth owning that is easily convertible into currency to then purchase goods and services.
So yes, people won't see how gold effects them since they have land. They won't figure out that they don't need to sell off an acre of land to purchase goods and services if they have other, more liquid assets to hold in addition to land. Some will figure it out, some won't.
For those who figure out what other assets are worth holding, they may understand why gold is rising in demand. Others will be holding dollars because they can't figure out what other assets are available.
Stocks are considered an asset but we do have bubble mania times in history, or "stock market corrections". So alot of dollars are flowing in to stocks, which can be later sold for currency to purchase goods and services. You can't eat a stock portfolio, much like you can't eat gold, but each are convertible to currency when needed. Land not so easily unless you need $50,000 to do your cars maintenance, then you can subdivide and sell a bit of land I suppose.
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$4K Gold
