Do You Think It's Smart To Own Gold?
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China forming plans to take away gold market and price discovery power from U.S.

China forming plans to take away gold market and price discovery power from U.S. | Do You Think It's Smart To Own Gold? | Scoop.it
Since the beginning of the year, and perhaps even going back to the end of the 2008 credit crisis, gold and silver markets in both London and the U.S.
Brett Gurney's insight:

the days of Western manipulation may be quickly coming to a close as China is currently holding a three day Gold Conference in Beijing, with the primary purpose being the denominating of gold contracts in yuan rather than dollars

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Steve Forbes: Stability of Gold 'Means Prosperity,' Calls for Gold Standard

Steve Forbes: Stability of Gold 'Means Prosperity,' Calls for Gold Standard | Do You Think It's Smart To Own Gold? | Scoop.it
Half-billionaire publishing heir and former presidential candidate Steve Forbes called for the United States to return to the gold standard this week, speaking
Brett Gurney's insight:

we'll be seeing a lot more of this


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My Blog | Do You Think It's Smart To Own Gold? | Scoop.it

But the United States will no be far behind.  When the U.S. Dollar Index drops significantly below the key psychological level of 80, this will begin the acceleration of U.S. inflation.  We are already seeing major food inflation in the U.S., with the CRB Spot Food Index already up 19% in 2014.  That’s 19% food inflation in less than 3 months -- already shades of hyperinflation.  And this is before the dollar has really begun to fall in earnest.

Brett Gurney's insight:

If we look at the U.S. banking system, in the last few years they have been hit by $100 billion of settlements in the United States.  But there are still hundreds of billions of dollars to come.  This will have potentially disastrous consequences for people with deposits in these banks.

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What to Expect When Telling Friends about Gold and Silver

What to Expect When Telling Friends about Gold and Silver | Do You Think It's Smart To Own Gold? | Scoop.it
Palladium suffers from a supply-demand imbalance, which over the next few years should take its price much higher.
Brett Gurney's insight:
Governments Secretly Deal in Gold While Belittling It Publicly
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China Looks Set To Introduce Gold-Backed New World Reserve Currency

China Looks Set To Introduce Gold-Backed New World Reserve Currency | Do You Think It's Smart To Own Gold? | Scoop.it
All evidence suggests that China is gearing up to replace the U.S. as the world reserve currency, with a currency most likely to be backed by gold.
Brett Gurney's insight:

interesting... and i suspect we'll be hearing far more about this

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