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Showing posts with label gold backed. Show all posts
Showing posts with label gold backed. Show all posts

Thursday, November 6, 2014

Is Switzerland About to Revert Back to a Gold Standard? - Atlantic Mobile

m.theatlantic.com/business/archive/2014/11/switzerland-might-revert-back-to-a-gold-standard/382468

We may see a time when the debt-based system backing the US Dollar is discarded if there is a migration to a new, global reserve currency which would be backed by gold.  It appears that China is at the forefront of this scenario.  Germany is a close second based upon the amount of their gold reserves.

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