AnalysisEconomy / FinancePolitics

Liberty and Finance: Gold Revaluation to Stomp out Mounting Debt?


In a recent interview with Liberty and Finance, Andy Schectman, CEO and president of Miles Franklin, made some striking observations about the current trends in global gold markets. According to Schectman, central banks around the world are accumulating and repatriating physical gold at a record pace, even as their paper debts continue to skyrocket. This behavior suggests that these nations may be preparing for a gold revaluation, with the aim of offsetting their debt. Schectman is not alone in his assessment.Many experts have noted the surge in central bank gold purchases and repatriation in recent years. According to the World…

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