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27/11/20

16:29

Post #: 49197066
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Originally posted by ghostwriter: ↑

Alan Kohler on the ABC said a similar thing re money printing and even went further saying you never really have to pay it back.
They are now openly setting up dangerous precedents via the media for most of the sheeple who do not understand money.
Australia's high cost economy with many leveraged to the hilt with property bubble mortgages is very vulnerable to high inflation. Banks can afford to give many mortgagees rate relief now as they know what is around the corner - skyrocketing re-payments. Playing the long game...
Rule one here - own gold and gold stocks
Rule two - no borrowings
Rule 3 - own ever more gold and gold stocks

Gold IS the trade until it isn't

G

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Rule 3 - own ever more gold and gold stocks
===============================
Well done...'stacked' at the very top, quite common amongst those that get caught up in a mania.
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0 Great analysis

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