A Gold Standard “Comes After War, Not Before” Macquarie Warns “The Private Sector Will Never Recover”
by Valentin Schmid via The Epoch Times,
ZeroHedge.com
Aug 24, 2016
“…the only way gold loses is if normal business and private sector cycles come back. If that is the case, gold goes back $100 per ounce. The other outcomes: deflation, stagflation, hyperinflation are all good for gold.” As for a return to a gold standard, Shvets has more bad news: “Gold standards come back after the war, not before the war.”
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