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View Diary: "79% of investors have no trust in the financial system." (154 comments)

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  •  Not so much (0+ / 0-)

    For thousands of years, gold (or silver, or diamonds, etc) have been valued and fungible. Never been the same as (recent invention) derivatives, which in this era are paper promises with a variable tether to reality (see Enron or the mortgage derivs in 2008, and find the spot in history where gold went to zero like these).

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