2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 383.12

+0.8%

Nov 26 4:00 PM EST

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To: Elroy Jetson who wrote (109338)	12/30/2014 12:42:29 PM
From: RJA_	Read Replies (3) of 218055

>>Total global stores of gold were worth only $27 billion at the official price - an insignificant fraction of the total currency value issued by each of the nations which were party to Bretton-Woods. The answer to that, is of course, that the price was wrong. We have corrected somewhat, but not near enough to gold back the existing currencies. I do not expect governments to do this on their own, after all, whats better than printing stuff that has value almost infinitely larger than the cost of printing it? It would take a situation where there was no other alternative.

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