Lars Schall & John Butler:The Dollar Reserve Equilibrium is Breaking Down! What Happens When The Chinese Yuan is Backed by Gold?

[youtube=http://www.youtube.com/watch?v=vnqYLNtqdrQ]

• Published on Oct 28, 2013 
  PART ONE: The Dollar Reserve Equilibrium Is Breaking Down
  By Lars Schall
  On behalf of Matterhorn Asset Management Zurich, London-based investment manager John Butler met with German financial journalist Lars Schall in Munich to discuss some of the major aspects of international affairs as they relate to the sphere of finance. In Part 1 (18 minutes) of this tremendous and informative video interview they focus in particular on the U.S. dollar and the challenges that may arise if China would back the yuan with gold. Butler: if gold would be remonetized in a historical proper fashion, its price would be a lot higher.
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  John Butler, who studied economics, history, philosophy and international politics, has worked for over 15 years as an interest rate, currency and commodity strategist at major investment banks in North America and Europe. He was Managing Director and Head of the Index Strategies Group at Deutsche Bank in London, and Managing Director and Head of European Interest Rate Strategy at Lehman Brothers in London. He’s now the Chief Investment Officer of Amphora Capital, an independent investment and advisory firm in the City of London. In 2012 he published the book “The Golden Revolution: How to Prepare for the Coming Global Gold Standard,” published by John Wiley and Sons.

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