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2010-11-08 — 24hgold.com
``Savers and merchants worldwide are being forced to price scarce resources in ever-depreciating money...
Over in China – which uses some 40% of the world's raw cotton output...and accounts for one-third of global textile exports – textile manufacturers face a "shortage of raw material", said industry group the China Federation of Logistics and Purchasing meantime, with last month's record-high prices "endangering" their survival. For our money here at BullionVault, we'll blame loose monetary policy...and not just from force of habit, either. ''
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