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After Venezuela, Germany, Austria and the Netherlands prudently repatriated a substantial portion (if not all) of their physical gold held at the NY Fed or other western central banks in recent years, ....
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Silver's popping this week...
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A recently retired reader friend is worried about, inflation, deflation, bonds, stocks, banks, and gold.
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Gold and Silver
Host:
Ernest Hancock
Jörg Sprave (YouTube - Slingshot Channel) on alternative media, YouTubers Union, and YouTube demonetization and censorship - Dr. Phranq Tamburri, NMD LIVE for the Trump Report - Chris Duane (Silver Shield) on the precious metals and cryptocurrency m
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Fears of a trade war between the US and China have cast a shadow over Wall Street and spurred the buying of gold as a safe haven. Investor Peter Schiff is convinced that gold is on the verge of a breakthrough.
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It's an easy comparison to make: Bitcoin mining versus gold and oil extraction. All – in the abstract sense for bitcoin – involve unearthing resources, all have had bumpy price histories, and all have been labeled as disruptive in their time.
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After rallying on Friday, stocks tanked on Monday, dropping over 450 points. In fact, it was the worst first day of the second quarter since the Great Depression.
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"There can be little doubt that the introduction of the yuan-denominated oil future has been a major strategic step for China."
