Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Gain About 1%
By: Chris Mullen, Gold Seeker Report

Northern Vertex Files Preliminary Economic Assessment Report for the Moss Gold Mine in NW Arizona
By: Northern Vertex Mining Corp.

Does The CoT Structure Prohibit A Rally?
By: Craig Hemke

Harry Dent’s Gold Prediction Invalidated
By: Przemyslaw Radomski, CFA

SELLING OUT OF PRECIOUS METALS AND BUYING BITCOIN…. Very Bad Idea
By: Steve St. Angelo

The Bitcoin Bubble Explained in 4 Charts
By: Jake Weber

VXX Sends an Awesome Message from Another Galaxy
By: Rick Ackerman

Geopolitical Risk Highest “In Four Decades” – Gold Demand in Germany and Globally to Remain Robust
By: GoldCore

Asian Metals Market Update: November-22-2017
By: Chintan Karnani, Insignia Consultants

Gold Seeker Closing Report: Gold and Silver Gain With Stocks
By: Chris Mullen, Gold Seeker Report

 
Search

GoldSeek Web

 
Dr. Warren Coats Discusses Gold, SDR and U.S. Dollar


 -- Published: Sunday, 16 October 2016 | Print  | Disqus 

Over the past several months there has been a number of analyst “predicting” how the Federal Reserve Note, U.S. dollar is going to collapse or the impact the renminbi being added to the SDR basket of currencies is going to blow apart the financial system and my personal favorite gold backing this currency or that currency while gold begins moving to $10,000 per ounce. If you want facts you discuss changes with the people that are actually influencing the changes or a member of the team creating the change.

Dr. Warren Coats served on the IMF from 1976 to 2003. He became chief of the Special Drawing Rights (SDR) division in 1983 and remained until he retired. Dr. Coats has more experience with the SDR than anyone else on planet earth. He also knows a little something about currencies after working with well over twenty different countries to either strengthen their currency or develop a new currency. Dr. Coats understands gold and understands gold as money.

I have stated before discussing the SDR is about sexy as discussing grass growing, however, sometimes sexy is not what we need. This is one of those times. Our economy is in serious trouble, our financial system is in deep water and sinking and it appears we are in the beginning stages of a major global change to our currency. Maybe sexy is the last thing we need in order to understand exactly what is going on.

I sat down with Dr. Coats to find out what exactly is going on with the changes to the SDR, the potential future of gold and the impacts these changes will have on the Federal Reserve Note, U.S. dollar. If you would like to get some history and a glimpse at some potential changes pull up a chair and give this a good listen.

After discussing The Big Reset with Willem Middelkoop it only made sense to discuss the SDR with one people that know it best. I would encourage everyone to listen, share and pass along this interview to people that want to better understand what has recently happened and the potential impact on our future this change could bring about.

http://thedailycoin.org/


| Digg This Article
 -- Published: Sunday, 16 October 2016 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.