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Very well written and informative. Thanks for sharing your idea that there's a very real need to allow gold price to rise if the reflation is to succeed. I hadn't considered that; I've got to chew on it a little. It seems intuitive, though, that in order for a reflation to render current debt less onerous, currencies must be not only devalued, but recognized as such.
Dec 04 09:36 am
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All Comments by SW Richmond »The Manipulation of Gold Prices [View article]
Do you expect the dollar to slump after Treasury has grabbed a few $Trillion from the debt markets at low rates?