Economy Gold and Precious Metals

New World Currency Backed By Gold Revealed

Written by JayWill7497

As many are increasingly coming to terms with the ‘obvious failure of fiat currency’, the inevitavble question arises “what next?”

Earlier this year, we discussed the possibility of a Chinese- or Russian-currency backed by gold, amid the increasing calls (domestically and abroad) for an end to USD Reserve hegemony; but this weekend, as Bloomberg reports, Lord Meghnad Desai, chairman of The Official Monetary and Financial Institutions Forum, stated that IMF Special Drawing Rights (SDR) should contain some gold to help stabilize the currency.


http://www.prisonplanet.com/gold-back…
** http://www.prisonplanet.com/this-octo…

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About the author

JayWill7497

Reporter, Journalist, Blogger, Researcher. Committed to providing information by posting/archiving videos, articles, and links. I also investigate to raise awareness on numerous issues, inspire critical thinking, involvement, and hopefully to help make our world a better place for all. “The truth, always the truth at all costs”

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