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Supply and Demand Analysis of Gold and Silver | Zero Hedge

Backwardation in gold is a sign that the regime of irredeemable paper money based on the dollar is coming to an end. When it becomes permanent, then gold will no longer be offered in exchange for dollars (or yuan, pounds, euro, etc.) There will be no gold “price”. In other words, paper money will be worthless.

via Supply and Demand Analysis of Gold and Silver | Zero Hedge.

 

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