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<p>[QUOTE=&quot;fatima, post: 1260627, member: 22143&quot;]If a central bank buys gold at $1500 and sells at $1800, they now have $300 profit per unit.&nbsp;&nbsp; So the question is this.&nbsp; <u>What does $300 mean to an institution that can create money out of thin air?</u>&nbsp; It would be much easier for them to simply print $300 of their own currency and exchange it.&nbsp; </p><p><br /></p><p>Hint:&nbsp; To a central bank, gold is not equivalent to a fiat currency.[/QUOTE]</p><p><br /></p>

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