about how gold could “EXPLODE” because of such and sic a reason…we are in the era of “King” central banks….printing money raises nary an eyebrow….it’s a chapter in economic textbooks…the big CBs are all doing it and no one has become a Zimbabawe….any-hoo–I hope dear Bill is right…
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BILL==n other words, from a purely mechanistical standpoint, the unwind of China’s shadow banking system, while negative for all non-precious metals-based commodities, may be just the gift that all those patient gold (and silver) investors have been waiting for. This of course, excludes the impact of what the bursting of the Chinese credit bubble would do to faith in the globalized, debt-driven status quo. Add that into the picture, and into the future demand for gold, and suddenly things get really exciting”.
Ipso-I love Bill Holter-as if he were my own brother…but…we have heard for 15+ yrs these learned thesis
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