Loading ...This is way too long to read, authors should get to the point quicker. I read just a little, and my bottom line thought is the Banks are HOARDING free and plentiful gold bars, paid for by GLD share buyers.
Why? Because the Fed Note system is worn out. The Dopey/Dollar lost 95% of its purchasing power and a needed reversal to restore high purchasing power for EACH new dollar, a gold backing will need to return.
And they won’t need to confiscate private owned gold. Plus the people will turn it in gladly at $5,000 per ounce and get the new gold backed dollars capable of buying new cars for $1,000 each. And 10 cent coffee, and 5 cent newspapers, and 2 cent stamps.
The future looks great, but forget about the trip to get there first. We are seeing part of that now.