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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Jill who wrote (16634)11/23/2004 11:24:06 AM
From: Wyätt Gwyön  Read Replies (2) of 116555
 
In the end, our trust in gold is no different from our trust
in a piece of paper with "one dollar" written on it.

the difference is that gold can't be arbitrarily printed by a government to inflate away past debts. his ignorance of this point shows his argument rests on a foundation of sand.
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