by Taki, Gold Silver Worlds:
London-based investment manager John Butler was interviewed by German financial journalist Lars Schall (courtesy of Matterhorn Asset Management Zurich). Both gentlemen discussed some major aspects of international affairs.
- The first part of the interview: “The Dollar Reserve Equilibrium Is Breaking Down”
- The second part of the interview: “The Real Earthquake In Financial Markets Is Yet To Come”
The first part of the interview is focused on the U.S. dollar and the challenges that may arise in case China should back their national currency (i.e. the yuan) with gold instead the current world reserve currency (i.e. the US dollar). Butler says in the interview “If gold would be remonetized in a historical proper fashion, its price would be a lot higher.”
Please follow SGT Report on Twitter & help share the message.