Big changes are coming to our monetary system

Casey Research/Interview of Nick Giambruno

photo of gold bars and $100 bills“Well, it’s been around as money for 5,000 years. It’s a non-political asset that is a free-market store of value. It’s probably the best store of value mankind has ever known. But there’s another reason why people go to gold. I have repeatedly said that I think this gold bull market is not just a cyclical, garden-variety bull market. All commodities are cyclical. They go through cycles. But I believe this is something different. Gold is riding on an enormous fundamental trend. Gold is coming back to the center of the international monetary system.”

USAGOLD note: Giambruno says he doesn’t know exactly how it will evolve but that the international monetary system is in for “drastic changes” and it will revolve around gold.

Repost from 8-5-2020

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