Thursday, April 26, 2012

Gold standard inevitable?

John Butler, CIO of the Amphora Commodities Alpha Fund, claims we may be seeing an international gold-backed currency as early as 2013. Is he crazy? Maybe. But Reuters is willing, apparently, at least to countenance the possibility he is sane.

Check it out:



For a deeper discussion of the issues, check out Butler's article The Buck Stops Here: A BRIC Wall. Or Butler's fascinating historical presentation at his recent book launch . . . which is just one among many in a whole series of articles and interviews by or about Butler on the Amphora website.
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