Gold and the Future of Reserve Currencies
A recent video by the World Gold Council reviews a report on the future of the global economy published by the Official Monetary and Financial Institutions Forum. The report examines the important role China’s currency will play in creating a multi-currency reserve system, and thus why gold will remain an important asset.
“Whether the world moves into full crisis with the end of the euro, or whether we have a recovery, or whether we experience something in between: all paths lead to towards a multi-currency system, in which gold’s role is likely to become more significant.”
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