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<p>[QUOTE=&quot;Juan Blanco, post: 1572682, member: 41665&quot;]For those living a few hours from the border, Maples make sense in the Doomer Scenario.</p><p>LOL &quot;Canada here I come!&quot; </p><p><br /></p><p>&nbsp;</p><p>I don&#039;t think &quot;the country will go under&quot; but the Paper will ... eventually (circa 2018-2022.) Remember when Lehman Bros. failed in 2008? Spot Gold abruptly tanked -25% (I don&#039;t know what happened to <i>retail </i>Gold prices, however) so much for the decoupling thesis. So it&#039;s perfectly reasonable to presume that AGAIN hedge funds&#039; institutions&#039; liquidating GLD positions will likewise tank Spot Gold. And <i>then </i>a unholy chain of counter-party failures will end mkt trading: Paper Gold may indeed race to zero, effectively, at that time. GLD is the canary in that coal mine.</p><p><br /></p><p>Real hording will begin in earnest then. A total disconnect between &#039;make-believe&#039; manipulated mkt prices and a nascent underground PM market (bullion trading at extraordinary premiums) will suddenly emerge. Retail premiums over &quot;Spot&quot; ... TO-THE-MOON.</p><p><br /></p><p>I also suppose sharply rising retail premiums in PMs will be evident weeks or months in advance of the USD failure. (I believe that after GLD, the US Bond Mkt must fail as a prerequisite.) Watch coin/bullion premiums for any early-warning signs.[/QUOTE]</p><p><br /></p>

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