Eric King has a very important post that I believe is well worth your reading. It’s short:
The IMF distributed a document late on a Friday when its representatives thought no one would catch it. Leave it to Jim Rickards of Omnis Inc. to track it down. The IMF document discusses the gold standard and gold’s role as a monetary unit. Jim discussed the importance of this in our interview released yesterday and below is a link of the IMF document he located.
Be sure to go and read the rest of it.
Right now ExactPrice is reporting the spot price for gold at $1,234.00.