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Re: Implanting post# 3901

Thursday, 12/08/2016 2:05:38 PM

Thursday, December 08, 2016 2:05:38 PM

Post# of 19215
If you believe that scenario then the article you responded to is not so far fetched from Jim Willie. The article gave examples of countries not excepting our Tbills for trade anymore. They want something backed by GOLD. They do not want our treasuries anymore. They are selling them. The gold exchange set up by China is only the beginning. I read somewhere that China had a hand in convincing Islam to invest in gold investments for the first time. This may lead to the end of the petrodollar and gold as it's replacement. All positives for miners. With FFMGF holding the quality assets they hold we will see a bright 2017. Remember, gold and silver rose in the seventies as interest rates rose.

I hope by mentioning treasuries, the Fed, government deficits, interest rates or policies that affect what the Fed will do with interest rates or QE4 which affects PM's price is not political.