GOLD 0.51% $1,391.7 gold futures

gold set for a 20% rally!, page-38

  1. 17,482 Posts.
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    DILINJA

    A good post.
    What your saying is that fiat currencies are a promise of debt and is only as good as the economy that issues it.

    GOLD is not beholding to any country or its wealth or lack there of. GOLD is just pure value with no debt attached and is not denominated in any one countries currency.

    In this way GOLD holds all fiat currencies to account.
    This is why the U.S. thinks it must destroy GOLD as it holds the U.S. Dollar to account.
 
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