Friday, September 09, 2016 6:37:43 AM
1. I've looked into the statements made that come Oct 1 when the IMF introduces the Yuan into the SDR, that the dollar will take a hit, if you look at the SDR composition chart halfway down the page, apparently we are only losing .2% to reallocation and the Euro is taking the major whack, at 7%. Will we really see that big of a reaction in the price of PMs?
https://en.wikipedia.org/wiki/Special_drawing_rights
2. I've also heard that one of the first things to "go" when the SHTF will be fiats and electronic credit. ..if that is the case, then wont anything electronic be useless? I.e., our holding in trading portfolios?
Apologies if that comes off as ignorant, kinda new to this, and just trying to soak up everything I can.
Going to post this on a few other boards of PMs Im following.
-Bourne
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