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Melman on Gold & Silver

It is my belief that these trends toward rising budgetary and trade deficits, escalating monetary creation and interest rates that are being held at artificially low levels will continue and I believe that further US Dollar weakness has now been built into the system.

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Melman on Gold & Silver


Perhaps the heart of our pro-gold thesis is this consideration: governments are inherently inefficient, they attempt to provide services far beyond their genuine fiscal ability and these trends result in deficit financing, growing debt levels and ultimate “watering” down of currency values.

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