One Political Plaza - Home of politics
Home Active Topics Newest Pictures Search Login Register
Main
Physically Backed Precious Metals Market Spells The End Of Paper Gold Trade
Dec 9, 2017 17:34:05   #
Larry the Legend Loc: Not hiding in Milton
 
“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/

Reply
Dec 9, 2017 18:08:21   #
emarine
 
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 ... (show quote)




This has been coming for a very long time... holding paper anything is just paper in the end...

Reply
Dec 9, 2017 18:16:02   #
Larry the Legend Loc: Not hiding in Milton
 
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.

Reply
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.
Main
OnePoliticalPlaza.com - Forum
Copyright 2012-2024 IDF International Technologies, Inc.