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The rush out of gold (mostly paper) will be precipitated by the collapse of credit as currency and the necessity to cover debt. The price of gold will plummet.
The rush out of gold (mostly paper) will be precipitated by the collapse of credit as currency and the necessity to cover debt. The price of gold will plummet.
The only ones who benefit from the conflation of money and credit are the issuers of credit with no money.
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kiffertom (1st September 2014)
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