LATEST NEWS : People’s Bank of China will take down global gold price manipulation

Gold has been flowing East for a decade. When the West wakes up to
the fact that their gold is gone, they will no longer have sound
money with which to back a currency. The world has only been off
a gold standard since 1971 and every currency collapse in history
has used precious metals to backstop the regimes new currency.
In the U.S. that will not be possible in the future, we have bet the
farm on fiat currency. Currency debasement has been tried time and
time again since civilisation started using money. It has failed every
time…perhaps this time it will work?

continue reading at thechinamoneyreport.com

0 Comments

Leave a comment

Your email address will not be published. Required fields are marked *