As the Federal Reserve note continues to falter and central banks all over the world continue to stockpile gold, Americans deserve to know the truth about America’s gold holdings.
This (bizarre) plan is apparently based on an idea presented by a Chicago Fed economist. He said there should be a "voluntary, universal declaration" that pennies are worth 5 cents.
It isn’t only gold projects that juniors are having trouble getting financed, leading to fears that a paucity of new deposits will lead to commodity shortages.
Countries that participate in the novel cross-border payments system mBridge are each hoarding gold and are largely responsible for the bull market of the past two years.
Robert F. Kennedy, Jr. and Donald Trump, Jr. write: “We cannot get any closer to the brink than this. And for what? To ‘weaken Russia’? To control Ukraine’s minerals?"
With residential prices set to fall, a repeat of 2007-08 seems inevitable. This time, greater excesses could severely impact the economy for a decade or more.
