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Jan Nieuwenhuijs: The hierarchy of money and the case for $8,000 gold
9:31p ET Tuesday, March 21, 2023
Dear Friend of GATA and Gold:
Gold market researcher Jan Nieuwenhuijs writes today that central banks are gradually turning away from government currencies and back toward gold for the major component of their financial reserves. He calculates a likely future valuation of gold in U.S. dollars that is substantially higher than the price shown on charts tonight.
Nieuwenhuijs' analysis is headlined "The Hierarchy of Money and the Case for $8,000 Gold" and it's posted at the Gainesville Coins internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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