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USAGold's 'News & Views': Hedging the decline and fall of a currency
7:52p ET Sunday, March 8, 2020
Dear Friend of GATA and Gold:
USAGold's newsletter, "News & Views," has a special edition today taking as its subject a new novel, "The Burning Stone" by Jack Whyte, which makes a point about the constant debasement of government currencies, viewed from the time of the Roman occupation of Britain.
USAGold concludes: "We should be careful not to drop our guard on the prospects of inflation because of the lull we have encountered in recent years. In the inflationary process, the line between cause and effect is not always a straight one. History teaches us, though, that when runaway price inflation does arrive, it can come suddenly, without notice, and with a vengeance.
... Dispatch continues below ...
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"Rome's inflation and currency debasement, as Whyte points out in 'The Burning Stone,' proceeded in fits and starts and unfolded over centuries. When runaway price inflation struck, however, it delivered its ill-effects emphatically during individual lifetimes -- sometimes within a few short years."
This edition of "News & Views" is headlined "Hedging the Decline and Fall of a Currency" and it's posted at USAGold here:
https://www.usagold.com/cpmforum/nv1016-mar20/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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with great GATA-label wine
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http://www.gata.org/files/GATA-4-wine-bottles.jpg
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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 --
https://www.amazon.com/Rigged-Exposing-Largest-Financial-History/dp/1651...
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