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Gold reserves getting bigger role in new economic order

Posted on 31 May 2012

Gold prices may have fallen out of bed over the past four months. But gold as a currency is gaining ground as gold reserves are increasingly being allocated a more important role in the coming new economic order.
Under a $3.5 billion stabilization plan being promoted in Germany as the European Redemption Pact, the heavily indebted euro-zone states would use hard assets such as their gold and currency reserves to back a new type of euro bond………………………………………..Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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