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Re: Russian Central Bank Buys Large 18.7 Tons Of Gold In January As Venezuela Launches â��Petro Goldâ�� 

By: Decomposed in POPE IV | Recommend this post (3)
Fri, 23 Feb 18 9:03 AM | 59 view(s)
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Msg. 44705 of 47202
(This msg. is a reply to 44701 by capt_nemo)

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Nemo:

Re: “Venezuela is launching a new gold-backed cryptocurrency next week”

The United States had a gold backed currency - until it broke its promise and and went fiat.

Despite its history, I would trust the U.S. to keep its word before I would trust Venezuela.

And that's not saying much for the U.S.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Russian Central Bank Buys Large 18.7 Tons Of Gold In January As Venezuela Launches ‘Petro Gold’
By: capt_nemo
in POPE IV
Fri, 23 Feb 18 8:55 AM
Msg. 44701 of 47202

by GoldCore - Feb 22, 2018 6:50 am
Turkish central bank added 205 tons “over 13 consecutive months.” Meanwhile, Russian ally Venezuela is launching a new gold-backed cryptocurrency next week

http://www.zerohedge.com/news/2018-02-22/russian-central-bank-buys-large-187-tons-gold-january-venezuela-launches-petro-gold


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