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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: Hawkmoon who wrote (91475)6/13/2012 10:20:58 PM
From: bart13  Read Replies (1) of 217576
 
In sum, the Central Banks, in seeking to fend off deflation, want to see Gold and Silver stay at current levels.

Do recall that FDR revalued gold to fend off deflation... and a rising gold & silver price would add substantially to inflation sentiment, even without much money printing.

And then we have a need for CBs to have much more gold, to help back a quite possible new world currency.

Just food for thought...
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