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Comment by knowitnone3

3 days ago

yes you can. It's called mining

1 comment

knowitnone3

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sexeriy237  3 days ago

actually the problem was population boom. FDR raised the rate from $20 to $35/ounce, and by timeNixon took the USA off standard the global population 3x. So gold is no longer scarce because it isn't backing real currency anymore. Its just metal

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