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goldismoney1

08/26/15 1:30 PM

#39730 RE: mdimport #39729

That's the narrative.
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baystock1

08/26/15 2:36 PM

#39736 RE: mdimport #39729

Gold is a hard currency, the only one. The other currencies are fiat currencies. What happens when you stick that FACT in your models ?

In the last deflation which was in the 1930's, gold price did better than the dollar. And that is also a fact.