“This will present a viable challenger that could over time lead to a break up of the current system since the West will likely still trade paper gold in the meantime,” Grass said.
“I would like to conclude with a final thought from my friend Jayant Bandari: the combination of negative yields, massive political risks around the world, and any attempt to move away from traditional currencies will be positive for gold and will take it to the next level. Investing is very much linked with geopolitics - once you understand the big picture, it becomes apparent what you should invest in,” Grass told RT.
https://www.rt.com/business/412546-china-russia-gold-standard-dollar/
Larry the Legend wrote:
“This will present a viable challenger that could over time lead to a break up of the current system since the West will likely still trade paper gold in the meantime,” Grass said.
“I would like to conclude with a final thought from my friend Jayant Bandari: the combination of negative yields, massive political risks around the world, and any attempt to move away from traditional currencies will be positive for gold and will take it to the next level. Investing is very much linked with geopolitics - once you understand the big picture, it becomes apparent what you should invest in,” Grass told RT.
https://www.rt.com/business/412546-china-russia-gold-standard-dollar/“This will present a viable challenger that could ... (
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This has been coming for a very long time... holding paper anything is just paper in the end...
emarine wrote:
This has been coming for a very long time... holding paper anything is just paper in the end...
It is. And when people start figuring out how they've been fleeced over the last 104 years, it's not going to be pretty. I can see that time fast approaching.
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