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overtheedge
Member since May 2012
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has posted a comment on the article :
>Even the Money Printers Are Buying Gold  - Graham Summer - Gains Pains & Capital
"Moving $1 billion in gold bars from New York to Texas would be a huge task, one some are calling impractical. "

Really? At $1600/ozt it works out to about 26 troy tons or 21.4 short tons. That is just over 1/3rd the payload capacity of a Boeing 767-300 or about 1 tractor-trailer load. But a better choice would probably be a couple of C-130s with the gold loaded on A-22 pallets.


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Beginning of the headline :Anyone who wants to get to the truth behind the inflationary threats to their wealth should ignore everything the Central Banks say about inflation and look instead at their actions... Read More
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