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Thursday, April 14, 2022 9:27:30 AM
"The current move in Russia brings gold to the forefront of finance once more. Gold now has a very real utility for a lot of countries, enabling them to buy Russian gas.
Furthermore, a gold-backed currency is perhaps the only way to dethrone the US dollar. Foreign countries don't want to switch from a US-controlled fiat, to a Chinese controlled one. However, gold makes money neutral, and that is something everyone can get on board with.
What does this mean for investors? Owning gold is now more important than ever, and though the yellow metal has underperformed in recent years, now could be its time to shine."
"Gold and Bitcoin are at the top of this list in my opinion. Together, they bridge the gap between the past and the future. The physical and the digital. They complement each other.”
"A world for control of money. And he who controls the money controls the world.”
https://seekingalpha.com/article/4501191-russia-gold-standard-what-means-gold-bitcoin?
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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