Epoch Times: Getting Gold Back Into the System
By Valentin Schmid, Epoch Times, December 29, 2016
Keith Weiner, CEO of Monetary Metals, … recognizes the weaknesses in the fiat-based monetary system, like close to zero interest rates for savers and too much debt. He also recommends that people hold a certain amount of gold.
But he’s found that rather than waiting for a financial reset or for governments to return to the gold standard, there’s a way for investors to own gold, make it productive in the economy, and even earn a rate of return. The ultimate goal is to bring the world back onto a private gold standard, irrespective of what the government is doing. …
To provide the market with accurate price signals not distorted by central bank policy, Weiner’s company Monetary Metals Inc. brings together gold savers and gold borrowers, who negotiate a rate of interest entirely paid in gold.
Read the full article on the Epoch Times website.
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