WHY GOLD AND SILVER ARE SO IMPORTANT IN A CREDIT CRISIS OR COLLAPSE.

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    BUNDESBANK SAYS GOLD IS AN ASSET OF LAST RESORT IN TIMES OF WAR AND CRISIS.

    https://www.bitchute.com/video/9G5bmyYEadGl/

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    Because each issued banknote of any currency must be backed by gold, which the state has and this determines the value of each banknote.

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    Fanks tesser 4 expanation dude
    Finaly sumone wif brains
    Not lik that dhkalos meathead

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    tesseer,

    President Richard Nixon announced the severing of links between the dollar and gold as part of a broad economic plan on Aug. 15, 1971.15 Aug 2021
    You are over half a century behind the times. Every country issues banknotes that are backed by nothing now. Even the mulletman moron would know that much and what he knows could be written on the back of a postage stamp so it seems you are just one more troll to join this excuse for a forum.

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    ** Because each issued banknote of any currency must be backed by gold, which the state has and this determines the value of each banknote. **

    not any more , at least in most of the West , in fact the UK even abandoned their silver standard ( hence the old name ' Pound Sterling ' which means one pond .. 16 ozs troy of sterling silver which is 92.5% pure silver )

    most Western currencies have been backed by nothing more than government promises since the 1980s

    go back at check when the 'silver coins ' actually contained any ( at all ) that information is still available from coin collectors articles

    ( hint the ROUND Australian 50 cents pieces were the last Australian coins to contain SOME , not all , silver ... apart of course some specialty coins made be the Perth Mint )

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    Five gold misconceptions that could reduce your returns

    https://www.firstlinks.com.au/five-gold-misconceptions-reduce-return

    gold is an inert , lifeless metal and SOMETIMES that is a good thing , the trick is to hold some close and personal in those times

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    PRECIOUS METALS NEWS - SATORI TRADERS MARKET PULSE

    https://www.bitchute.com/video/FdK9F1GzPQED/

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    Deep Dive into VanEck's Gold and Miner Analysis

    https://www.zerohedge.com/news/2022-07-31/deep-dive-vanecks-gold-and-miner-analysis

    DYOR

    i do not hold any ETFs with this focus ( i prefer buying stocks in individual gold miners )

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    AUGUSTINE CARSTENS - BIS - CBDC’S

    https://www.bitchute.com/video/A5UkNUQIUMQ2/

    which means a government could cancel the payments on any debt instruments you hold ( like bonds )

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