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To: Fhios

Chia has been gobbling up PHYSICAL gold for more than a few years while the west has been playing with “trading” paper gold.
Get ready if you are along paper gold; you are about to get your ass handed to you. Paper is looking more and more like it is leveraged 80:1 per OUNCE gold. There is a tsunami worse than 2008 about to hit when you can finally factor in all aspects of fiat money.


53 posted on 04/16/2016 8:54:03 PM PDT by Ghost of SVR4 (So many are so hopelessly dependent on the government that they will fight to protect it.)
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To: Ghost of SVR4

I wouldn’t own paper gold no matter what the circumstances. It defeats the purpose of owning gold.

China is just too capricious and erratic economically.

The petro dollar never really existed.

What made the dollar the dollar was backed by the full faith and security of the Unites States. Our military, our acumen.

No facing destruction under Obama.


55 posted on 04/16/2016 9:12:14 PM PDT by Fhios (Going Donald Trump is as close to going John Galt as we'll get.)
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To: Ghost of SVR4

The question is however. Who’s going to believe the Chinese when they claim to have X amount of gold?


56 posted on 04/16/2016 9:14:27 PM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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