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The global monetary phenomenon that almost no one is seriously discussing
4:51p ET Monday, June 8, 2015
Dear Friend of GATA and Gold:
In "The Global Monetary Phenomenon That Almost No One Is Seriously Discussing," Jesse's Café Americain" today examines the conversion of central banks from net sellers to net buyers as part of a "currency war" that is a little bigger than the one reported in the mainstream financial news media. That "currency war," Jesse writes, is not merely competitive devaluation but rather a challenge to the U.S. dollar as the world reserve currency. Jesse's analysis is posted here:
http://jessescrossroadscafe.blogspot.com/2015/06/the-global-monetary-phe...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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