Gold Investments Market Update |
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"Ponzi" Casino Capitalism Discredited - Risk of Global Monetary Crisis Gold and silver surged last week (up 13% and 15% respectively) as the financial crisis deepened considerably and there was a realisation that the "ponzi" casino capitalism of recent years has critically wounded the US financial system and done serious damage to the global financial system. Gold surged from below $780/oz to close at $861.40 on Friday and has risen again in European trading today to over $882/oz. A likely
Filed under: Fundamental
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