After Myanmar's latest gold reserves were announced.
Instantly.
Those rumors from India.
Were immediately cowed.
The behavior of the Myanmar Central Bank is like boldly slamming a big pile of money on the table, asking: Surrender? Faced with such a local tyrant's move.
They can only obediently kneel.
...
Simultaneously.
This 800 tons of gold has increased many countries' confidence in the Asia Dollar even more. Although it can't surpass the top-ranked United States, it's enough.
After all.
It's not like they're going to challenge the dollar or Euro's status. If they just want to compete with the British Pound, this gold is enough, as the United Kingdom can't come up with as much.
At this moment.
Some savvy people can't help but think that Myanmar announcing its gold reserves at this time seems to be targeting the British Pound, leaving Ling speechless again.
One might ask.
Even if they surpass the British Pound, what's the point?
In front.
