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"Debt Is Wealth"


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He stated his reason ... inventory overhang. Of course, that's the nature of gold, that it's kept instead of used up.

I thought he came out as relatively lukewarm. Gold is waaaaay better than currencies and stocks. Gold, as a commodity, is just not going to perform as well as other commodities, in his opinion.

 

My gold is a hedge against everyone losing their faith in paper.

 

I've lost mine. Remember, we are 30 years into the worlds first complete experiment with a paper standard. Experiments with hyperinflationary printing practices have always ended badly locally, what about when it happens gloablly?

 

This is uncharted territory, even for such an investment professional as Jim Rogers.

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