Recently the World Bank released a handbook for asset managers on why to invest in gold. At Gainesville Coins I have written numerous articles on gold revaluation accounts and how these can be deployed by central banks to absorb losses in case of emergency. The World Bank has taken notice of my research as they allude to this practice in a chapter on reserve accounting and reference to my work.
Another interesting article. At some point, when the interest paid on global debt exceeds about half of developed countries GDP, the world's currency/money system will need realignment to a percentage of gold. Keep the articles coming Jan.
Thank you for all your articles.
My pleasure
Another interesting article. At some point, when the interest paid on global debt exceeds about half of developed countries GDP, the world's currency/money system will need realignment to a percentage of gold. Keep the articles coming Jan.