Nick Barisheff delivered a speech this month at a Canadian luncheon gathering. His topic was the relationship between government debt and gold, and he did an excellent job of revealing the future of most currencies which is, as he explains, directly related to debt.
Financial Sense posted his speech.
“The sovereign wealth funds as well as the more conservative central banks will have little choice but to re-allocate to gold in order to outpace currency depreciation.”
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