Basel III

Nick GIAMBRUNO
An epic gold bull market is on the menu for 2019.
I’m not talking about a garden-variety cyclical gold bull market, but rather one of the biggest gold manias in history.
This gold mania will be riding the wave of an incredibly powerful trend… the re-monetization of gold.
The last time the international monetary system experienced a paradigm shift of this magnitude was in 1971.
Then, the dollar price of gold skyrocketed over 2,300%.
It shot from $35 per ounce to a high of $850 in 1980. Gold mining stocks did even better.

Many authorities have said it: banks do not lend their deposits. They create the money they lend on their books. Robert B. Anderson, Treasury Secretary under Eisenhower, said it in 1959: When a bank makes a loan, it simply adds to the borrower’s deposit account in the bank by the amount of the loan. The […]