The End Of Cash Now Is Perfect Time And Place For Gold

JH: My name Jack Hanney, Senior Partner with Patriot Gold Group, Consumer Affairs top rated, gold dealer nationwide, top rated self-directed IRA gold dealer nationwide, bringing you patriot commitment and investor direct pricing. Earlier this morning the Wall Street Journal issued a report, “kiss your cold hard cash goodbye,” the WSJ went on to say, this year will be a turning point for cash, although a switch to a digital payment system would potentially save countries a lot of money. Cash is expensive to make and keep in circulation. Banks and governments having access to information on what you’re spending.

There’s already been pushback in some countries including in Europe. From citizens who want to continue using cash in countries where governments have put limits on cash transactions. It’s one of the reasons why Blackrock, the world’s largest asset manager with 4.6 trillion under management, has said it is the perfect time for gold. The world’s largest asset manager Blackrock has recently reported this is the time and place for gold. Blackrock issued a report this morning that gold has proven to be the ideal performing investment, that gold prices have gained 21% year to date. And Deutsche Bank is pretty adamant with an outlook of $1700 per ounce for gold in 2016.