Gold back cryptocurrency, trade wars and bitcoin.
Category Archives: Russia
Current events and gold synopsis from The Gold Chronicles November 2018.
Here’s a game theory on a future monetary system based on a sovereign issued cryptocurrency, with a permissioned distributed ledger sponsored by China, Russia and the IMF, with a digital coin tied to the SDR for measure of value net of payments, and settled periodically in physical gold.
Jim Rickards Q & A re: the value of the US dollar in the SDR.
Elaine Diane Taylor re: why we as a globe will turn back to gold as money.
Alternate payment systems for global trade are being created right now, and could affect the US dollar very rapidly. Russia, China, Turkey, Iran and others are buying physical gold. When there’s no trust in the other party then there is gold.
Sound money makes a sound empire because the population has something it can rely on, and the market can move as a true free market. Win-win.
China makes a new oil for yuan for gold deal.
There’s a terrible breeze they speak of today.
