Nick Barisheff author of Gold $10,000 joined us today. He says that China will soon disclose its massive gold hoard in an effort to join the IMF and have its currency included in the SDR (Special Drawing Right) which will become the new global reserve currency. This should have the effect of pushing up the price of gold dramatically. Are the Dollar’s days as the reserve currency limited? No one would be surprised to hear that they are, only that the end could be so near.
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