The Golden Rule Is Real Authored by James Rickards via DailyReckoning.com, There’s so much to discuss right now, from the upcoming election to geopolitical instability. But today I want to talk about gold. I call it the once — and future — money. The use of gold as money existed from antiquity until gold backing broke down entirely in 1971. Still, central banks and finance ministries hold over 37,000 metric tonnes of gold in reserve. Why? The answer is that gold is still at the base of global monetary systems. It’s simply the case that no government wants to admit… — Continue at ZeroHedge News : Read More
