Wednesday , 27 November 2024

Gold

New Global Currency Will Be Backed By 20-40% ($7,000) Gold – +4K Views

Jim Rickards is of the opinion (see HERE) that a global currency reset is coming in the not too distant future in the form of an IMF issue, known as a Special Depository Receipt. It will be backed by 20-40% gold from the reserves of the global central banks which will necessitate revaluing bullion to around $7,000 a troy ounce, or there won’t be enough of it to do the job. The unknown factor is the timeline: does this happen this year - or in five years?

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The “Rothschild System” and the Present & Future Price of Gold (+8K Views)

If the East has gained control of the gold, and the West is essentially insolvent to its core, why aren’t gold and silver finding a higher level that, at a minimum, would reflect a simple adjustment for inflation for the past few decades? The answer is really quite simple: the "Rothschild formula" is is alive and well. Let me explain just what the Rothschild formula is and how it is influencing the price of gold.

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Own Gold Instead Of Gold Mining Stocks – Here’s Why

When will people wake up to the fact that investing in gold mining shares is not a good idea? For the life of me I just don't understand what the supposed experts are seeing and thinking when they talk about the “positive outlook for mining shares” and, as far as gold stocks outperforming gold, well, just forget about it. Here's why.

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