THE CENTRAL BANK EXPERIMENT: What’s Next?

in #usa5 years ago

 

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    Link to the Slides and Sources: https://www.itmtrading.com/blog/centr…
    The EU may be the weakest link holding the fragile global markets together, because of the current threat by Italian banks extreme exposure to Italian government debt, and contagion to the rest of the EU, should a banking or sovereign debt crisis erupt (a likely event). Not to mention the threat of a derivative event, should Great Britain leave the EU in a “hard” Brexit. Gold is the key bridge to carry wealth from one financial system to the next, having survived as real money for five thousand years. In addition, the size (in terms of fiat) of the financial physical gold market, is larger many global stock and bond markets. Why? Because only gold is real money, everything else is credit, that’s WHY, after all these years, it remains a globally recognized wealth shield.

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https://socioecohistory.wordpress.com/2019/03/14/the-central-bank-experiment-whats-next/

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