Yeah for sure I don't think we'll ever see a gold backed world currency again there's just not enough for the mass of fiat paper money created
I remember reading a article recently on countries dept to gold value (As for thousands of years gold & were money)
the Swiss were the best with only twice the fiat dept to their gold holdings value.
the U.K was the worse with some 136 time more Fiat dept than gold value holdings.
I see both China an Korea a buying up large in Gold bullion so they must see it to be some kind of diversification away from the mass of their USD holdings like a Honest form of value.
Personal I hold and will keep buying silver bullion with a max 30yrs left of supply left its hugely undervalued
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- 680 i don't think so
680 i don't think so, page-32
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