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09:31 AM
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29 March BIS returns to the GOLD STANDARD
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[quote:Ostria1:MV8zOTk0MTIxXzcyMjg0MjQ4X0ExQjU2OEIy] While searching, i run into an interesting article from Bloomberg Who knows George Frederick Warren? During the second half of 1933, George F. Warren was the most influential economist in the world. Almost every morning during November and December, he met with Franklin Roosevelt while the president was still in bed, and helped him decide the price at which the government would buy gold during the next 24 hours. ... The fact that today almost no one recognizes George F. Warren’s name, let alone knows about his theories, illustrates how strange that period was. https://www.bloomberg.com/opinion/articles/2018-05-22/fdr-s-battle-over-the-gold-standard-changed-the-u-s [/quote]
Original Message
Before I go to sleep. I thought you might want to hear about some breaking news from the BIS. They plan to Resurrect the Gold Standard on 3/29/2019
A reminder of which few still seem to know, despite the appointment is now a matter of a few weeks: those that are missing March 29, 2019. The day of judgment for the Brexit will also be the advent for the gold market.
From 29 March, by decision of the BIS, the gold in the portfolio of commercial and business banks becomes "Cash Equivalent", an asset equivalent to cash and therefore "risk free". In fact, it is the first "reassuring of gold" since the time of the Bretton Woods agreement: technicians call it "Gold Remonetization", a process that is the reverse of the "demonetization" of gold decided by Nixon.
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link to www.dinarrecaps.com (secure)
]
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