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Germany also continues to take back gold.
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John Burns
Posted 11/23/2014 11:18 (#4195969 - in reply to #4195514)
Subject: you hit the nail on the head Von

Pittsburg, Kansas

"It's about being able to "transport" savings or value from a failed system to whatever follows this mess when it crashes."

Although there are other things that gold can be used for, what Von said in the above quote is probably the most important. Gold has been universal "money" for thousands of years, despite what the academics like Bernanke say. Despite officially being "De-monetized". 

Ask any Mexican that held gold during the Peso devalue when the "New" peso was introduced, and I bet they were glad to hold gold.


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