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Interest Rates and the Nature of Profit | The Twilight of Gold Series | Episode 12 (WiM186)
The "What is Money?" Show
What's Going on in the Gold Paper Markets?
If gold is now, it would have to be 22 thousand gatby current price. Even if russia makes this move to go back to standard, i feel lik here's still going to be just this illusion of additional gold supply in the paper markets then there actually is available for physical delivery. There are some clear political advantages to the return to a gold standard. It seems almost like science fiction to be talking about it. But ye, ye.
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