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Fed To Prompt Currency Crash and Return to Gold Standard

- Mark O'Byrne - gold.ie

I agree: instead of accumulating gold, I'd rather have faith in our monetary authorities stewardship, as well as the health of the bond market. I think you would agree that the extent of current debt monetization program in the US and worldwide is worrisome at the very least (probably the understatement of the 21st century). Gold is clearly reasserting itself in the global monetary regime in these times of great fraud and deception, but the emergence of good leadership by monetary authorities could reverse that trend.

Many would say it's too late for that now....

Commented 4060 days ago

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Beginning of the headline :Jim Grant, astute monetary economist and respected author of the Interest Rate Observer said in a Bloomberg interview overnight that the dollar would crash and a new Gold Standard would be the end result of the U.S. Federal Reserve’s irresponsibilities. Although the interviewer said that Grant’s remarks were inflammatory Grant said that it is important to examine our monetary affairs over the sweep of time... Read More

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