Turkey’s Erdogan Recalls Gold Reserves From New York Fed

https://d33wjekvz3zs1a.cloudfront.net/wp-content/uploads/2017/01/Erdogan-Flags.jpg

The Turkish government has withdrawn its reserves of gold from the Federal Reserve. Erdogan clearly is positioning himself to be able to seek its own power that will be contrary to international policy. Erdogan is one of those politicians who still think in the old days of Empire. As a member of NATO, he has constantly been threatening Greece. So what happens if we see a war between two NATO members? Who does NATO then support? When in doubt, bring the gold home in preparation for in time of war, a currency will not suffice.

Source: Martin Armstrong | Armstrong Economics

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s