GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Sunday, July 21, 2013

Gold and cost of production

I discuss how people are talking about if gold falls below the cost of production, then there should be a bottoming out in gold. This is only TRUE if the economy is still growing (using the phony GDP numbers). If you get a 2008 story again, all bets are off.

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