``My suspicion is the entire (fractional reserve gold) system, ultimately, probably within the next year, will go the way of ABN AMRO and Rabobank.  They will all settle for cash when the market begins to make an important up-move which could be first quarter or second quarter of next year, and people will be scrambling for gold because they are going to be forced out for cash, and they are going to want to put themselves in a position they thought they were in (owning physical gold). ''

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