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主题:亚洲第二次金融危机将展开 -- parishg

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家园 vicious cycle

Indians realize that only Gold can help them to preserve their purchasing power--> they will go ahead and buy more! It is the start of a vicious cycle. If you do not allow them to import, they will smuggle, just like the flat-panel TV.

Gold is EVERY central banker's enemy. It is funny that gov. officials in India did not try to get rid of this kind of culture.

In US, it is very difficult to buy 100% pure gold. Most gold jewelry is 12k.

Gold coin market is monopolized by Jewish merchants in NYC. For average Joes, the only option is to buy the overpriced gold eagle coin from the gov. mint.

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