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IPFS News Link • Gold and Silver

Gold Revaluation: Are the ECB and Fed Playing Chicken Now?

• https://www.zerohedge.com BY VBL

 Macro analysts now see Gold and the changes gripping societal money on their radar and are writing about it. Sunday we synopsized a good one: Goehring & Rozencwajg's Gold Commentary.

Yesterday we read AOTH's Gold revaluation & the hidden motive behind central banks' gold buying by Richard Mills. It also was good. It is quite detailed in that the author fleshes out the European logistics involving a potential Gold revaluation.  Several have noted G7 Central Banker unity has frayed this past year and therefore we cannot help but think the GRA discussion will become a  monetary game of chicken between the ECB and the US Fed.

We humbly suggest reading our 500 word summary below, then the original for more detail.

Contents:

Introduction

Shift in Attitude

De-Dollarization

Gold as a Buffer for Losses

Potential Use of GRA

Implications for the Banking System

Conclusion


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