Gold backed bonds in europe

JulieW · Jun 3, 2012

We're starting to see the game:

http://kingworldnews.com/kingworldn...mergency_Fed_Meeting_&_Gold_Backed_Bonds.html

When asked if this event would begin to trigger a significant revaluation for gold, Coxe replied, "At this point, how they would do it, and whether there would be any revaluation, what it would be is security for issuing specific bonds. But, of course, once you do that, what you do is you break the virginity of the system.

Then you have to start looking at revaluations, you're right. All of that will come. My own take is that I think there is a very good chance of this ... that within the next three months we will find that something like this has been done for some of the countries in the eurozone.

That means that gold will have been moving back into the (financial) system."
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Gold backed bonds in europe

JulieW Well-Known Member Silver Stacker

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Gold backed bonds in europe

JulieW Well-Known Member Silver Stacker

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