Saturday, November 10, 2018

Jim Rickards: Cyber Financial Warfare is Upon Us



Topics Include: 

*Cyberwarfare Update – Chinese embedding hacking chips onto server mother boards used in American Industry and Department of Defense Systems at the factory level 

*Why infrastructure will be most likely targets for cyberwarfare 

*How cyber financial-warfare versus financial systems, stock markets, banks is an evolving and real threat 

*How physical gold is resilient versus cyber financial-warfare 

*IMF Global Financial Stability Report 

*How markets are over 90% automated trading, and there are no human market makers available to stabilize falling markets 

*Total official gold adjusted upwards for Central Bank buying. Eurozone countries now buying gold may be signaling important shift in Central Bank behavior 

*Gold requires no counter-parties to retain its value, all other currencies rely on counter parties 

*Game Theory on Future Monetary System Based On A Sovereign Issued Crypto Currency: Permissioned Distributed Ledger sponsored by China / Russia / IMF, Digital Coin tied to the SDR for measure of value, net of payments settled in Physical Gold.


- Source, Physical Gold Fund