Commodity Trade Mantra

Posts Tagged ‘Large Denomination Notes’

People Rushing into Gold as Large Denomination Notes May Soon Be Killed

This talk about large-denomination bills is really gaining momentum, and I think that’s at least half responsible for the run up in gold prices over the last couple of months. Think about it—in a world without cash, gold (and silver) becomes the currency of anonymity. This also speaks to the need to hold gold in physical form, not in “paper” form.

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