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Asian gold strategy clarifying

- Alasdair Macleod - Finance and Eco.

We live in interesting times. If your predictions come to pass then expect Uncle Sam and every other western government to knock on your door as they try to undo the results of employing highly paid idiots (economists) to produce strategies so that banks and the rich are able to manipulate markets and prosper. Sadly, the game will be over and ordinary citizens will be asked to pay a second time. Some things never change and corruption always follows a predictable path.
Make sure you don't have too many gold fillings in your teeth if that day arrives.

Commented 3600 days ago

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Beginning of the headline :The Russians came up with an extraordinary statement recently, central to why Russia and China are buying gold, the importance of which was missed by the media. President Putin said that "Russia and China need to secure their gold and foreign reserves." He may have been overstepping the mark in making comments about China's monetary policy, but he was unlikely to have done so without good reason. Furthermore it is impossible to secure foreign currency reserves, because they are at all times unde... Read More

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