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How gold contributes to a nation’s economic resilience

Posted on 04 July 2013

Did the Gold Standard die as soon as Richard Nixon pronounced it dead? Hardly. In fact gold standard underwent a kind of metamorphosis. Centralised gold standard became de-centralised gold standard.
People took gold standard to their home in a bid to preserve their wealth. To put it another way: while fiat money helps you pay your bills, gold in physical form helps you preserve your wealth………………………………………..Full Article: Source


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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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