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Are the days of gold as collateral getting closer?

Posted on 29 November 2011

Gold Forecaster has for years now pointed to gold’s coming monetary role as collateral. We have never believed that a return to the Gold Standard was feasible in the form it was used in last century. We have never believed it would return as day-to-day money. We have always seen its return tied into its use on a global basis, most likely between governments, as we saw under the Bretton Woods system after the Second World War.
We have always pointed to a time when it would return to a key monetary position in the global financial system………………………………………..Full Article: Source


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VRS - who has written 37015 posts on Opalesque Commodities Briefing.


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