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jimbaran
Member since May 2012
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Permanent Gold Backwardation

- David Galland - Casey Research

So ... is this where the USA citizens obtaining gold over time are forced to surrender their precious metals through confiscation ... when the dollar is not worth anything ... to ... ahemmm ... bail out the government who can't quit spending us into debt ... and thus be able to still compete globally with countries now hoarding precious metals?

Commented 4453 days ago

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Beginning of the headline :Worldwide, an incredible tower of debt has been under construction since President Nixon's 1971 default on the gold obligations of the US government. His decree severed theredeemability of the dollar for gold and thus eliminated the extinguisher of debt... Read More

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