New Dollar Backed by Gold Coming This October 2020?1 Oct 2020 12:11
With the IMF attempting to pull off a fiscal reckoning minus the US dollar, President Trump may (as his advisor Judy Shelton has advocated and as President Kennedy tried to do in 1963) pull off a global reckoning of his own, by issuing US Treasury Notes backed by gold.
The NEW dollars would be pegged to gold, possibly at a modest starting point of $10K or even higher, effectively returning the Gold Standard.
So, following a massive plunge in dollar values, we’d see a surge in gold prices and, with the new dollars, a surge in gold-backed dollar values as well.
I think you all see where the dangers and, more importantly, the opportunities are as we approach the October deadline.
Full Article ... https://gsiexchange.com/is-a-new-dollar-backed-by-gold-at-10000-per-ounce-coming-by-october-1st-2020/