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ZH post: Don Coxe's Fascinating Take On Why The Time For The US To "LBO" The Gold Market Has Arrived

Zero Hedge post:


"...now is a good time to lock in the gold bull market by monetizing the  nation's holdings through various strategies and vehicles forty years after Nixon uncapped gold and 78 years after Roosevelt boosted it 70%. Why don't the governments bring out their gold and use it to back their bonds? Obama should, in our view, try to find one non-Keynesian economist who understands gold to advise him. We’re sure he could get an old-fashioned scholar from the University of Chicago to help him out if he made a few calls." ...




FULL POST HERE

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