The Debtors' Merry-go-round Launches Gold | The Daily Gold
This delusion is fortunate for those of us accumulating precious metals – since if all the sheep tried to acquire the minimum 5% – 10% holding of precious metals which most analysts are (once again) recommending, the price of … For the debtors, themselves, the longer they succeed in their current game, the worse the crash – when the merry-go-round stops. The only thing worse than holding a trillion dollars of worthless paper is to hold two trillion (or five, or ten). …
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