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World has less gold above ground than it thinks

IMG Auteur
Published : December 06th, 2012
67 words - Reading time : less than a minute
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Category : GoldWire

 

 

 

 

GoldMoney's James Turk explains in a new audio interview why the world's above-ground gold inventory is likely much less than generally calculated and, perhaps more importantly, why gold is money rather than an investment -- but not a bad investment insofar as other forms of money are always depreciating. The interview is 20 minutes long and it's posted at GoldMoney's Internet site here:

http://www.goldmoney.com/podcast/aboveground-gold-stock-likely-smaller-t...

CHRIS POWELL, Secretary/Treasurer

 

 

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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.
WebsiteSubscribe to his services
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