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2011-03-01 — financialsense.com
``The goal now is no longer to hold prices steady or even to push them back down, but simply to prevent them from rising too rapidly... Since 2008 the question has been whether we are now in the final phases of systematic gold intervention activities. In the wake of the financial crisis, large scale doubt about the stability of the currency system surfaced again for the first time in years. A rise in gold prices can still be prevented through massive interventions... [but] the financial crisis has shown that the state must directly or indirectly accept private sector debt on its books in order to prevent collapse.''
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