The New CS Board

[dindindon]

Perspective: Gold - F. William Engdahl

Comments:
As the history wheel moves on, one of the reflections on the Rise and Fall of Empires is: The "ecology" of determining the value of Gold vs. Fiat money may change.

FYI FWIW

Away From Dollar: Russia, China to Create Entirely Different Gold Market
August 16, 2015 Author: F. William Engdahl

While key Western banks are artificially restraining gold prices to breathe life into the diluted and devalued dollar system, Russia, China and other emerging economies are involved in "the genial move" to establish an entirely different gold market, F. William Engdahl underscores.

http://sputniknews.com/business/20150816/1025811280.html#ixzz3izjz8gsS

(Thursday, 08/13/15 11:54:24 PM)

The Worth of Gold Growing by the Day
August 12, 2015 Author: F. William Engdahl

The worth of gold in the world is growing by the day. That might seem like a paradox but it isn’t. The worth of gold is not fixed on the Comex futures exchange, or the trade in London or Zurich. True, most of the gold-trading public takes its cue today from the CME’s COMEX gold futures price where it does not at all look like the worth of a bar of gold is growing. Why can we then speak of gold’s worth rising?

http://journal-neo.org/2015/08/12/the-worth-of-gold-growing-by-the-day/

tony caldaro says:
August 19, 2015 at 7:09 pm

bear
you will not see another bull market in Gold until the 2030’s

Gary Lewis says:
August 19, 2015 at 7:34 pm

That’s quite a statement Tony.

https://caldaro.wordpress.com/2015/08/19/wednesday-update-505/#comments