REALIST NEWS - Chinese central banker says Gold only asset left to hedge with

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Uploaded by on Dec 31, 2011

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Education

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Standard YouTube License

  • likes, 5 dislikes

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  • I hoard gold like the central banks because it is a tradition. Hahahaha

  • Gold is backed by it's rarity. Not like diamonds that have perceived rarity due to supplier restrictions on market release. Thank goodness for paper gold and silver keeping the price low temporarily, giving us who know it's real value a chance to get more. Happy New Year!

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  • zang!

  • yep!

  • @hendo19742 Yes were in trouble, stay positive, lol

  • @skittles1854 You know it's not money right? I know that coz the Bernak told me.

  • Very good video, subed :0 Really had me rolling on the Bimbo part - so true!

  • @HGSpaceTime AND U.S. PAPER FRN IS BACKED BY USA POLITICIANS,LOL!

  • It's so cool that you DON'T understand dollar-cost-averaging. If you're buying 1 coin at $40, then you'll buy 2 coins at $20 ($40 again). Now you've got THREE coins at average $26.67 apiece.

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