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Message: good james turk article

What a pile of right-wing cr*p!

Turk and his ilk were at the forefront to decouple the US dollar from the gold standard so it would be easier to manipulate the markets to suit certain whims, and now that it has been shown NOT THAT CENTRAL BANKS RUIN THE SYSTEM, but that unbridled capitalism WILL RUIN THE SYSTEM, right-wing policy wonks need some way to try and blame their arch enemy, the central government on this mess. Funny how we need government to bail out industries, banks, etc., but now that much of the bailout money has been allocated, it's "wham bam thank you ma'am". Wee don't need you anymore. I guess its the ultimate corporate welfare scheme.

And it has to be remembered, its not central policy making that created this mess, its central policy making in the USA that created this mess. The Chinese are doing just fine with their government controls.

So, gold should go up in the future, but not becuse of the failure of central planning, but because of the failure of the US economy to rein in its spending (both private and public) which will create inflation, and thus an increase in the price of gold.

Go SMH!

Trainboy

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