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Senior Officials within the Gold Industry have warned that an economic depression followed by a dollar crash is a real possibility, as they announced moves by major economies to raise their central banks’ gold reserve holdings.  Marcus Grubb, managing-director of investment research and marketing at the World Gold Council, has warned that the strength of the U.S. dollar is likely to be short-lived and has said that major developing economies such as India and China are looking toward diminishing their dollar holdings.

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  2. Tobias Rieper says:

    if those countries drop dollar, which I don’t see one reason why not, it’s gonna crush dollar’s value. Look forward to $20 milk, and $10 value menus.

  3. Veritas says:

    once again, gold, silver, alcohol, and drugs are the best investments…..for now