Dollar Reserve Breaking Down – Earthquake In Markets Coming!
[youtube=http://www.youtube.com/watch?v=vnqYLNtqdrQ]
[youtube=http://www.youtube.com/watch?v=P5oG73xvJ3Q]
- Dollar Reserve Breaking Down – Earthquake In Markets Coming!
by http://goldsilverworlds.com/
London-based investment manager John Butler was interviewed by German financial journalist Lars Schall (courtesy of Matterhorn Asset Management Zurich). Both gentlemen discussed some major aspects of international affairs.
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– The first part of the interview: “The Dollar Reserve Equilibrium Is Breaking Down”
– The second part of the interview: “The Real Earthquake In Financial Markets Is Yet To Come”
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The first part of the interview is focused on the U.S. dollar and the challenges that may arise in case China should back their national currency (i.e. the yuan) with gold instead the current world reserve currency (i.e. the US dollar). Butler says in the interview “If gold would be remonetized in a historical proper fashion, its price would be a lot higher.”
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In the second part of the interview John Butler digs deeper into, among other topics, why precious metals are the only natural form of trusted money, the risks of gold derivatives, the prospect of trading nations refusing paper money in exchange for their exports and why the euro was perhaps in principal a fine idea, but won’t survive in its current form. He explains why the prospect of trading nations refusing paper money in exchange for their exports and why the euro was perhaps in principal a fine idea, but won’t survive in its current form.
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Both interviews are must reads. Note that John Butler is the author of the book “The Golden Revolution: How to Prepare for the Coming Global Gold Standard” (more about the book). Mr. Butler has worked for over 15 years as an interest rate, currency and commodity strategist at major investment banks. He’s now the Chief Investment Officer of Amphora Capital, an independent investment and advisory firm in the City of London.
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