Monday, December 27, 2010

World Bank reaffirms gold as "reference point" to monetary system reform

08:14, December 23, 2010
Source: Xinhua

World Bank President Robert Zoellick reaffirmed his proposal to use gold as a "reference point" to reform the current international monetary system on Wednesday in Paris.   LINK...
We agree and see no other alternative. History is repeating itself and Gold will become the stabilizing force for ALL currencies. Gold is the axiom to currency stability and economic reform. It has been this way for thousands of years and will continue to be. Those in finance who ignore the facts of history will be doomed to repeat it.  BK