On the Verge of Economic Collapse

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On the Verge of Economic Collapse

Post by Admin on Fri Jul 15, 2011 9:37 am

"One of the big US banks texted me today to say that if QE3 actually happens, we could see gold at $5,000 and silver at $1,000. I feel terribly sorry for anybody on fixed incomes tied to a fiat currency because they are not going to be able to buy things with that paper money."

Peter Hambro, chairman of Britain's biggest pure gold listing Petropavlovsk.

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