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Cameron Waugh
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Gold Resurrection from Financial Disaster

- Jim Willie CB - Hat Trick Letter

Since 1993 the AUD currency base has been expanded by a factor of 6 (actually more). From roughly $250 Billion to roughly $1.5 trillion as of June 30th 2013. This information can be verified at the RBA web site. But you are correct, it is not money printing, it is debt creation, but at the end of the day it achieves the same thing which is expansion of the currency base. It is debasement.

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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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