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Cameron Waugh
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>Gold Resurrection from Financial Disaster  - Jim Willie CB - Hat Trick Letter
My thoughts regarding your question are that all CB's are expanding debt at the same rate and are devaluing relative currencies together, most oil is traded in USD still, and no (widely perceived) default on manipulated commodities as yet. Interesting here..."Furthermore, the four financial firms which own Australia's banks also have substantial holdings in Newcreat Mining Ltd, the largest gold producing company."
I suspect when push comes to shove these big four will take off the bridle, slap their liabilities on the arse and send them bush...At the same time warmly embracing their assets. I understand this part now as i have had it recently happen to me and i received an arse slapping. Experience rarely spares the rod when giving lessons to the ignorant ! But at least i now know to put both feet in the one camp - don't learn that the hard way Trader.


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Beginning of the headline :Take a whirlwind tour with graphics and photos. Absorb the images. They are profound, broad, and ugly. The central bank concept is the Matrix in embodiment, but the Eastern nations led by BRICS and G-20 have a key to unlock the USDollar prison. A quick look at the Australian banking system reveals four global banks who own outsized portions, their reach extending to the largest gold producer in Oz as well. Incest is best. The fast decline in Money Velocity is the most convincing proof of the fai... Read More
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