AUSTRALIA SHOULD BUY ITS OWN GOLD PRODUCTION., page-19

  1. 14,645 Posts.
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    We have a lot of credibility to recover. We sold 80%* of our reserve at about $270/oz*, I presume at the behest of the US. Thanks Mr Costello.

    * Rough figures, don't hold me to them but I AM sure the sale was near a low, never seen since.

    We could also make gold a tax free income, a privilege it once enjoyed, may still do.
 
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