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Wednesday, 27 January 2021

2015-2021 Gold vs Fiat.................from Rico

 Look at the attached chart courtesy of Bloomberg upside down.

- The price of Gold against fiat currencies is NOT 'going up' rather the value of those fiat currencies is 'going down'...sharply. It takes more of those unbacked claim checks on government debt to buy precious metals...or anything for that matter




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