Havnt seen this in a long time. Oct 18/18
"Gold is overrated Armati. It's a metal that fluctuates in price, making impossible for currencies to be priced with gold.
You doom predictors need to be educated in economics."
Bernie, gold has retained the same purchasing power for over 5000 years, there are temporary spikes and dips, but gold is the most stable currency ever known, on the other hand every unbacked paper currency in history, has gone kaput,squish,splat.....
BIS going back on the gold standard 3-29-2019 - Kitco Forums
https://gold-forum.kitco.com/showthread ... old...29...
From 29 March, by decision of the BIS, the gold in the portfolio of commercial and business banks becomes "Cash Equivalent", an asset equivalent to cash and therefore "risk free". In fact, it is the first "reassuring of gold" since the time of the Bretton Woods agreement: technicians call it "Gold Remonetization", a process that is the reverse of the "demonetization" of gold decided by Nixon.
Justplay4fun ".......They think the world will end very soon......"
Not true in the least, its the HOW we go on thats in question.