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2011-07-16 — ml-implode.com
``The problem with these anti-gold sentiments is, firstly, that they distract from the central issue with fiat currency: its structural (by design) inability to preserve value. In fact, that is why I prefer to call them a "currency" and not a "money"... [further, ] we actually now have, in some of the most important markets in the world, gold once again functioning as a medium of exchange. How quickly we forget the BIS gold swap intrigue from last year...''
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