Gold Will Be King In Any Currency War

© Leonhard Foeger / Reuters

RT: Currency war can end global US dollar dominance & those who own gold have power

The world is facing a currency war and the only hedge against the crash of the US dollar is real gold, a precious metal analyst has told RT. With geopolitical power shifting from West to East, US dominance may be ending.

One such sign is the recent repatriation of gold from the United States. Countries such as Turkey, Germany, the Netherlands have been moving the bullions home. The reason is the Cold War is over and countries don’t see Russia as a threat anymore, says Claudio Grass, an independent precious metals advisor and Mises Ambassador.

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WNU Editor: RT is right on this one. And in the case of Russia, they are putting their money where their mouth is …. Russia gets rid of US Treasury securities and buys gold (RT).

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