Bloomberg/Joe Wiesenthal and Tracy Alloway/4-7-2022
“Out of this, I think this ‘Bretton Woods III’ that I started to kind of develop and run with, is a world where we are, again, going to go back to commodity-backed money — where gold, once again, is going to play a big role. And not just gold, but I think all forms of commodities.” – Zoltan Pozsar, Credit Suisse
USAGOLD note: Briefly, Pozsar sees a new world monetary order evolving on its own out of the war in Ukraine – what he calls Bretton Woods III. He says BlackRock’s Larry Fink is right when he says that globalization is probably over. If gold is going to once again play a significant role in the monetary order, it would make sense for the private investor to load up on it now while it is still cheap (versus the burgeoning global money supply). We highly recommend the link above……
