The de facto gold standard - The American Thinker.

Mesquite

Interesting.

FistFullOfDollars

Good read, Thanks...


high school hi-jinks

jmski52

Slowly but inexorably, the world is edging toward a quasi-gold standard as it become evident that most of the West and Japan have reached a debt saturation point and can no longer continue to debase the major reserve currencies without devastating consequences.

Yes, it's either default or inflate.

The other key information is the reference to Negative Interest Rates. As long as interest rates are low or negative, gold will continue higher. Cause, Effect.

OnlyGoldIsMoney

De facto will eventually return us to de jure.