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Re: gjw46 post# 21899

Sunday, 10/06/2013 2:01:12 PM

Sunday, October 06, 2013 2:01:12 PM

Post# of 26631
Gold would be sold to Panamanian Government.

Mint in Canada has already bid for production of coins.

Price would be whatever is the going spot. No real affect on PTQ on way or the other.

Would not expect this to happen unless there was a major world wide default on all of the fiat currencies. More likely the renminbe will replace the dollar for international settlements. Bank in Brazil already selling bonds there denominated in renminbe. Too many advantages to using the dollar unless it collapses. As long as Washington has ink and paper the USA will not default. Just a lot of political meandering.

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