New Global Currency Will Be Backed By 20-40% ($7,000) Gold."Jim Rickards is of the opinion that a global currency reset is coming in the not too distant future in the form of an IMF issue, known as a Special Depository Receipt. It will be backed by 20-40% gold from the reserves of the global central banks which will necessitate revaluing bullion to around $7,000 a troy ounce, or there won’t be enough of it to do the job. The unknown factor is the timeline: does this happen this year – or in five years?" http://www.munknee.com/new-global-currency-will-be-backed-by-20-40-7000-gold/