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Australian Debt accelerating under LNP, page-65

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rememdium

6,037 Posts.

28

10/07/16

17:14

Post #: 18235110
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Originally posted by 67b ↑

If you want to shield yourself then buy gold and/or silver - the only true money.

As governments continue to print their fiat currencies and allow more QE then you will see that only gold and silver are true money.

For example:

In 1970.
Gold approximately $25 an ounce.
One pasty costs 7 cents.
You could buy 357 pasties with an ounce of gold.

2016
Gold approximately $1800 an ounce
One pasty costs $5
You can buy 360 pasties with an ounce of gold but ONLY 5 pasties with that $25.

Gold and silver - real money - maintains your spending power.

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Can you put your hands on that gold right now?
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