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From the article above:
Nov 16 19:21 pm
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All Comments by nova »Gold: Not Just for Gold Bugs Anymore [View article]
1. Within all nations, it is the peoples’ collective wealth - earned from innovation, natural resources, labor and productivity.
[First, Wealth Creation. And only then, one can talk about wealth redistribution Mr. Obama is so eager to move forward with.]
2.Gold-backed currencies require fiscal and trade discipline among all constituent economies – not necessarily rigid mandated controls.
[Without sound fiscal and trade discipline, an economy can sustain itself]
These are the bases and foundation of a sound economic.