So central banks will be selling gold - meaning that gold will not be part of the US vision for a new world reserve currency. Canada, the US, Britain, Japan .. and the rest of the western world will sell off what they have left. But Asia and the Middle East and I think Russia are looking at increasing their holdings. It is plain to see a schism is coming. What will Western currencies be based on if it is not honest gold. will it be confiscated gold. How much gold is in Fort Knox anyway? Does anyone really know? I think Bernanke does and will tell us later it was part of a planned selloff and that is the reason why we will have NO GOLD. Heck, it will probably be illegal to own in any great quantity!
One World, One Currency? [View article]