Tuesday, January 28, 2014

Buillon Baron on Monetary System Change

Got an email from the Buillon Baron pointing me to an excellent article he has written on his blog site. It basically lists several prominent people who have discussed how the monetary system may change in the future. Also what role gold might play in that change. 

Here is a quote from one of the prominent people he reviews. It may surprise you said this.

"The system should also consider employing gold as an international reference point of market expectations about inflation, deflation and future currency values. Although textbooks may view gold as the old money, markets are using gold as an alternative monetary asset today."

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