{"id":25045,"date":"2017-08-30T21:19:40","date_gmt":"2017-08-31T02:19:40","guid":{"rendered":"http:\/\/olduvai.ca\/?p=25045"},"modified":"2017-08-30T21:19:40","modified_gmt":"2017-08-31T02:19:40","slug":"gold-reset-to-10000oz-coming-by-january-1-2018-rickards","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=25045","title":{"rendered":"Gold Reset To $10,000\/oz Coming \u201cBy January 1, 2018\u201d \u2013 Rickards"},"content":{"rendered":"

Gold Reset To $10,000\/oz Coming \u201cBy January 1, 2018\u201d \u2013 Rickards<\/a><\/h3>\n
\n

\u2013 Trump could be planning a radical \u201creboot\u201d of the U.S. dollar<\/strong>
\n\u2013 Currency reboot will see leading nations\u00a0devalue their currencies against gold<\/strong>
\n\u2013 New gold price would be nearly 8 times higher at $10,000\/oz<\/strong>
\n\u2013 Price based on mass exit of foreign governments and investors from the US Dollar<\/strong>
\n\u2013 US total debt now over $80 Trillion \u2013 $20T national debt and $60T consumer debt<\/strong>
\n\u2013 Monetary reboot or currency devaluation seen frequently\u00a0\u2013 even modern history
\n\u2013 Buy gold eagles, silver eagles including monster boxes and gold bars\u00a0<\/strong>
\n\u2013\u00a0Have a\u00a010% allocation to gold, smaller allocation to silver<\/strong><\/p>\n

Editor: Mark O\u2019Byrne<\/strong><\/p>\n

\"\"<\/a><\/p>\n

Source: Agora Financial<\/strong><\/em><\/p>\n<\/div>\n

A new monetary standard which will see the dollar \u201creboot\u201d and gold be revalued to $10,000\/oz according to best-selling author and Pentagon insider Jim Rickards.<\/p>\n

A monetary \u2018reboot\u2019 is not unprecedented<\/h4>\n

Articles about an imminent return to the gold standard are not exactly infrequent in the gold world and it can be easy to become immune to them and dismiss them without considering the facts and case being made.<\/p>\n

Many of the articles are not just based one ever-wishful daydreams.\u00a0Much of it comes from information that is true about today and is then applied to situations that we have seen in the past.<\/p>\n

Rickards makes this point himself. A monetary reset is not unheard of. Since the Genoa Accord in 1922 there have been a further eight reboots. The most recent was in 2016 in what Rickards refers to as the\u00a0Shanghai Accord<\/a>\u00a0which purportedly saw deals done that would allow China to ease without leading to a sharp correction in\u00a0the US stock market.<\/p>\n

Rickards isn\u2019t the only one who is speculating that there could be some big monetary changes on the horizon. In March intelligence service Stratfor wrote:<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Gold Reset To $10,000\/oz Coming \u201cBy January 1, 2018\u201d \u2013 Rickards \u2013 Trump could be planning a radical \u201creboot\u201d of the U.S. dollar \u2013 Currency reboot will see leading nations\u00a0devalue their currencies against gold \u2013 New gold price would be nearly 8 times higher at $10,000\/oz \u2013 Price based on mass exit of foreign governments […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1099,195,15790,374,15788,8689,13599,15789,15791,839,2442],"class_list":["post-25045","post","type-post","status-publish","format-standard","hentry","category-economics","tag-currency-devaluation","tag-debt","tag-genoa-accord","tag-gold","tag-gold-reset","tag-goldcore-com","tag-james-rickards","tag-monetary-reboot","tag-shanghai-accord","tag-us-dollar","tag-us-stock-market"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/25045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25045"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/25045\/revisions"}],"predecessor-version":[{"id":25046,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/25045\/revisions\/25046"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}