From Paper Reserves to Gold Reserves
Should central banks around the world start to divert their foreign currency reserves into gold?
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Should central banks around the world start to divert their foreign currency reserves into gold?
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“After a 12-year bull market with no true correction like that in 1974-1976 time frame, one more is due.”
Read moreGold is seeing some renewed demand in China after falling on Tuesday for the eighth time in nine sessions.
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“Obviously the only, possible way in which selling “paper-gold” can increase the total supply of gold is if the bankers are simply selling paper and calling it “gold.”
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Parabolas always crash…
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Silver doesn’t typically move in step with equity markets, in fact it often moves paces ahead.
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So what does all of this mean?
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