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Stuart Englert: Broken precious metal promises
5:53p ET Thursday, June 12, 2025
Dear Friend of GATA and Gold:
Financial writer Stuart Englert today refutes the many assertions that the United States has never defaulted on its debts.
Englert writes: "Despite bogus assertions and grand pronouncements made during previous debt-ceiling dramas in the nation's capital, the United States has defaulted on its debts and financial commitments. And if history is a teacher, it will again, either through outright nonpayment or, more likely, its equivalent: currency depreciation via monetary inflation. It has happened in the past when metal was foundational and preferred money."
Englert's commentary is headlined "Broken Precious Metal Promises" and it's posted at his column's internet site here:
https://stuartenglert.substack.com/p/broken-precious-metal-promises
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:
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