Jay Taylor: Under “Basel III” Rules, Gold Becomes Money!

BY JOHN RUBINO 03/16/2019 In his latest newsletter commodities analyst Jay Taylor notes that a very important date is approaching: In 2018, central banks added nearly 23 million ounces of gold, up 74% from 2017. This is the highest annual purchase rate increase since 1971, and the second-highest rate in history. Russia was the biggest buyer. And [...] Read more

The US Federal Reserve will stop selling bonds. Why is it important

In the fall, the US Federal Reserve will stop selling treasury bonds. This will put an end to the long-term increase in US public debt and will be a radical change in the country's financial policy In the fall of 2019, the US Federal Reserve will stop selling government bonds. At the same time, the Fed announced that it would not raise the key [...] Read more

We Are Increasing the Price for GoldFor.

We are increasing the price for GoldFor. In connection with the growing strength of the crisis in the global economy and the entry into force of the new rules approved by the Bank for International Settlements (BIS) for gold. (March 31 ) - we increase the price of the GoldFor token. [...] Read more

Basel III

On March 31, new rules approved by the Bank for International Settlements (BIS) regarding gold will come into force. According to the Basel III standard, gold becomes a first-class asset like cash or government bonds. In fact, gold returns its monetary status. https://www.bis.org/bcbs/publ/d424.pdf

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