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Part 3 from 'American Default': If gold won't go up, push the dollar down

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Published : May 25th, 2018
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Category : GoldWire

Part 3 of Bloomberg News' excerpting of "American Default" by Professor Sebastian Edwards of the University of California at Los Angeles describes President Franklin Roosevelt's daily effort to figure out the price at which the U.S. government should purchase gold in the hope of raising commodity prices. Part 3 is headlined "The Gamble: If Gold Won't Go Up, Push the Dollar Down" and it's posted at Bloomberg here:

https://www.bloomberg.com/view/articles/2018-...ble-on-gold-...

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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