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Old 14-10-2008, 01:43 PM
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AstralTraveller (David)
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Join Date: Mar 2008
Location: Wollongong
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It's been about 25 years since I read economic theory, so I'm a bit rust but as I recall gold really is the base currency. Any and every attempt to have another base, or not to have any base, is just smoke and mirrors. The situation may look stable during good times but you just have to look at how people flock to gold in times of crisis to see what the real base is.
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