Fight for physical gold has started (just like 1968)
By GCRU Gold News on Thursday, November 27 2014, 10:28 - Permalink
Gold is making a remarkable come back into our financial system. Russia and China are openly accumulating gold in an aggressive way, while India has been confronted with huge gold demand, even leading to large trade deficits.
In Europe Germany, Switzerland, France and the Netherlands are in the process of repatriating gold or discussing it. On top of this even the ECB stated they could buy gold, probably in an effort to fight deflation.
You could say a new gold standard is being born without any formal decision.