gold in the monetary system banks credit money 2011, is gold really worth it?, today, paper money is no longer redeemable in gold, but money is still perceived as a “thing” that has to “be there” before credit can be advanced.
Gold is an international currency and it is amoung the most liquid assets in the world. It can be readily bought or sold 24 hours a day.
is The world's monetary system really in the process of melting down and people really needing horde tons of gold or this a mistake?.
gold systems can be subverted by controlling the supply or the clearing market for the backing commodity.
Wһеח tһе central bank bυуѕ/sells gold/forex, іt automatically offsets/sterilizes tһе impact οf tһеѕе operations οח tһе monetary base bу compensating open market operations.
i do not think gold is the way to go really!!!!!!!!!!!!.
at least diversify your investments, do not put all your eggs in one basket.
because Did you know that the Federal Reserve causes the boom and bust!!! so why play there game?.
play your own money game.
for government The solution is evident. The world's monetary gold should be remobilized…” “Remobilize Gold to Save the World Economy!
though there there is usually 10 times as much “Money” in circulation as there was Gold deposited in the vaults or probably at lot more in current years, but that's the way it has always been with the banks.
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