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Listen to this interview, if you'd like to search out out why Rickards thinks gold will go from its current worth today to $10,000 per ounce during an imminent international monetary collapse and re-set - a financial collapse, which can also be being predicted by many of the world’s leaders in finance, such because the IMF and other countries’ governments. I took a look at that certificate and so they valued the gold at $forty two an ounce. Today, which means, a little bit over $1,200 an ounce. "Could it be that they wanted that 8,000 to again up that Gold Certificate, over on the Fed, which also equates to 8,000 tons? What they did was give the Fed a Gold Certificate, which is carried on the Fed’s balance sheet. President Nixon shut the window on gold. Much of its enchantment lies in being a 1950s product from an extinct marque and in the standard, if scaled-down, interval American styling -- in brief, the "huge automotive in miniature" Nash president George Mason envisioned.

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