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0 The death knell: Richard Russell snippet


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Therefore, I view rising gold as the death knell for all fiat money. But first, investors will exit the weakest and most speculative of the various fiat monies. Right now we are seeing investors fleeing Greek money in favor of the US dollar. In the end, I believe this is a fool's trade. Ultimately, we'll see the final flight to safety. This will be the flight out of dollars into gold.

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