“Economic erosion, yes. Monetary depreciation, yes. Recession? Yes. Collapse? Because of the price of gold as a trigger? I don’t see why. Not so far. Gold’s price tells gold bugs the system is rigged. But we believe that without a rising price of gold. For most gold bugs, a falling price of gold testifies to the rigging. They blame the decline on manipulation. The system is rigged irrespective of the price of gold. The price of gold is not proof of the rigging. The existence of central banks is all the evidence anyone should need. Sadly, it isn’t.”
http://teapartyeconomist.com/2013/08/27/golds-price-matter-central-banks/
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