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Jim Richter, interest rates, Gibson's Paradox and gold
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John Burns
Posted 6/24/2010 21:21 (#1249383 - in reply to #1249257)
Subject: Re: Jim Richter, interest rates, Gibson's Paradox and gold



Pittsburg, Kansas

350 billion worth of gold, if the price goes up ten times to 10-12 thousand an ounce that would be three and a half or four trillion dollars worth...........bout enough to cover one years deficit spending. The US may have the most, but it don't amount to much in the scheme of things.

John



Edited by John Burns 6/24/2010 21:22
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