Deutsche Bank - Germany Eyes New Gold Standard - NY Sun

Discussion in 'Gold' started by VRS, Sep 24, 2012.

  1. VRS

    VRS Well-Known Member Silver Stacker

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    http://www.nysun.com/editorials/germany-eyes-gold-standard/87997/

    "We believe there are nearly zero real options available to global policy-makers. The world needs growth and is willing to go to extraordinary lengths to get it." (DB) forecasts bluntly that the value of the dollar will plummet in the first half of 2013 to less than a 2,000th of an ounce of gold.
     
    VRS, Sep 24, 2012
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  2. hiho

    hiho Active Member Silver Stacker

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    woohooo
     
    hiho, Sep 24, 2012
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  3. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    Holy crap! Who would have expected a major bank saying such things!

    Coddled consumerism :lol:
     
    bordsilver, Sep 24, 2012
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  4. errol43

    errol43 New Member Silver Stacker

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    But is it true that most of the German gold is stored in the USA?..Hope it is still there..It could cause a world war if it is not.

    Regards Errol 43
     
    errol43, Sep 24, 2012
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  5. TheEnd

    TheEnd Well-Known Member

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    Bring on 2013 I say..... Can't come quick enough!
     
    TheEnd, Sep 24, 2012
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  6. Dogmatix

    Dogmatix Active Member

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    Enough with your Mayan prophecies!!

    (i'm just kidding ;) )
     
    Dogmatix, Sep 24, 2012
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  7. Silber

    Silber Member

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    An interesting read. It's indeed surprising how clear some statements are:
    or
    It's also available online (hope there is no copyright issue with that - did not find anything about that) : http://gata.org/files/DeutscheBankReport-09-18-2012.pdf . The charts are rather interesting as well, comparing gold value, money supplies and so on.
     
    Silber, Sep 26, 2012
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  8. Echtes-Geld

    Echtes-Geld New Member

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    Echtes-Geld, Sep 28, 2012
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