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I understand your points, good ones, I might say.

I was referring mainly to the Petrodollar $USD being assaulted by other currencies as a de facto external safe reserve currency.

I believe the $AUD though never ever rising to that of the percentage of the external reserves of the $USD, will bite in to the US share which will be subject to attack ( for want of a better word ) by the yuan and rubel.

So being listed externally for WPL will be a good thing. It will be backed by a currency rising in percentage terms held by foreign banks.

Now whether the future works out as simply as that is quite another matter.

gg

<blockquote data-quote="Garpal Gumnut" data-source="post: 1170325" data-attributes="member: 2555">I understand your points, good ones, I might say. I was referring mainly to the Petrodollar $USD being assaulted by other currencies as a de facto external safe reserve currency.I believe the $AUD though never ever rising to that of the percentage of the external reserves of the $USD, will bite in to the US share which will be subject to attack ( for want of&nbsp; a better word ) by the yuan and rubel.So being listed externally for WPL will be a good thing. It will be backed by a currency rising in percentage terms held by foreign banks. Now whether the future works out as simply as that is quite another matter. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" />gg</blockquote>

[QUOTE="Garpal Gumnut, post: 1170325, member: 2555"] I understand your points, good ones, I might say. I was referring mainly to the Petrodollar $USD being assaulted by other currencies as a de facto external safe reserve currency. I believe the $AUD though never ever rising to that of the percentage of the external reserves of the $USD, will bite in to the US share which will be subject to attack ( for want of a better word ) by the yuan and rubel. So being listed externally for WPL will be a good thing. It will be backed by a currency rising in percentage terms held by foreign banks. Now whether the future works out as simply as that is quite another matter. :) gg [/QUOTE]

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