Central Bank Issues Stunning Warning: "If The Entire System Collapses, Gold Will Be Needed To Start | Jellystone Message Board Posts

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Msg  1109706 of 1113047  at  10/13/2019 4:04:41 PM  by

perpetualbull


Re: Central Bank Issues Stunning Warning: "If The Entire System Collapses, Gold Will Be Needed To Start Over"

It's not that shocking a statement. If economists truly believed that electronic digits and paper obligations were a sound basis for all wealth, these countries wouldn't be holding close to $2 trillion worth of gold bullion.

My 20% gold holding has similar logic. The fiat papers & digital stuff will probably work out, but just in case they don't, keeping 1/5 in gold provides some insurance.


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