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The Future of Gold
I expect it's going to be volatile and tricky, but I am concerned that the risks are skewed to the downside. The key is going to be around credit, and particularly high yield at the zombies. This is way bigger than we encountered. And that means that the monetary fiscal response will be equally large. That unfortunately opens many other considerations and geopolitical inequality and social which are beyond our discussion. But as he says, and I finished the book, I hope I'm wrong. We've built something for a long period of time."