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Gold, the renminbi and the multi-currency reserve system

Gold, the renminbi and the multi-currency reserve system

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Published by Gold Silver Worlds
The Official Monetary and Financial Institutions Forum (OMFIF), a global organization of central banks and sovereign wealth funds, recommends that gold be remonetized for use as international money, alongside major currencies. OMFIF gives a number of reasons for this but they boil down it to gold's historical role in establishing and maintaining confidence and stability in international monetary relations.
The Official Monetary and Financial Institutions Forum (OMFIF), a global organization of central banks and sovereign wealth funds, recommends that gold be remonetized for use as international money, alongside major currencies. OMFIF gives a number of reasons for this but they boil down it to gold's historical role in establishing and maintaining confidence and stability in international monetary relations.

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Published by: Gold Silver Worlds on Jan 13, 2013
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01/13/2013

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OMFIF would like to acknowledge the help of numerous members of the OMFIF Advisory Board in compiling this
report as well as experts from the World Gold Council and various central banks and offcial bodies around the world.

Strictly no photocopying is permitted. It is illegal to reproduce, store in a central retrieval

system or transmit, electronically or otherwise, any of the content of this publication
without the prior consent of the publisher. All OMFIF members are entitled to PDFs of

the current issue and to an archive of past issues via the member area of the OMFIF

website: www.omff.org

While every care is taken to provide accurate information, the publisher cannot accept
liability for any errors or omissions. No responsibility will be accepted for any loss

occurred by any individual due to acting or not acting as a result of any content in

this publication. On any specifc matter reference should be made to an appropriate

adviser.

Company Number: 7032533

Promoting Dialogue for World Finance

About OMFIF

The Offcial Monetary and Financial Institutions Forum (OMFIF) is formed

around a core of public sector asset and reserve holders at the heart of

world fnance. OMFIF offers a confdential forum to a wide-ranging group
of central banks, sovereign funds and other public sector asset managers,
supervisory and regulatory bodies, fnancial policy-makers, public sector
debt agencies and a select group of private sector market participants
who interact with them including investment banks, asset managers,
commercial banks and advisers among world leaders in accounting, law
and consultancy. For more information on OMFIF, please visit www.omff.
org or contact the OMFIF Secretariat on secretariat@omff.org

© 2012 OMFIF Limited.
All Rights Reserved.

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