What Will CBDCs Mean for Gold?

Schiff Gold, Released on 5/6/24

With the eventual introduction of central bank digital currency (CBDCs) now seemingly inevitable, there are a lot of directions

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Perimetr

If the banksters manage to implement CBDCs, it will be after they engineer a collapse of the Western financial system and confiscate most of everyone’s bank deposits and securities (see The Great Taking). At that point, I imagine they will require gold to be turned in for CBDCs under penalty of law. After that, you would only be able to use it for barter.