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IPFS News Link • China

China hoards gold-backed currency

• https://www.zerohedge.com, by Tyler Durden

The precious metals experts contemplate the impending commodities shortage and the dramatic consequences of a silver scarcity for the developing countries.

00:00 Start
02:10 What are the major market drivers today?
04:00 China's goals & basket of gold-backed currencies
11:11 Inflation, sustainability and getting back to the gold standard
22:45 The indispensability of silver for the developing society 
25:55 Dramatic suppression of gold and silver prices
32:25 Gold must be revalued! How much is gold really worth?
36:00 Steven's advice for an average person to protect themselves
39:25 A throwback to Andrew's Whistleblowing experience

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Kinesis Money is a revolutionary monetary system, based 1:1 on allocated physical gold and silver. Kinesis is the most cost-effective way to purchase and own fully allocated physical gold and silver. All precious metals within the Kinesis system are fully reserved (1:1), audited, redeemable and securely held within the insured vaults of Kinesis' parent company, Allocated Bullion Exchange.

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