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<p>[QUOTE=&quot;Bluesboy65, post: 812531, member: 23329&quot;]I saw the Faber interview on CNBC and you should have heard the gasp by the hosts when he matter-of-factly mentioned that the US would eventually default.&nbsp; It&#039;s a scary prospect but this is the course we have chosen through our choice of political leadership.&nbsp; But back to Faber, I don&#039;t think he literally meant that he would never sell any gold but that he would never liquidate his position.&nbsp; He is holding it, like many of us, as a store of wealth.&nbsp; When our fiat currencies go south, I&#039;m guessing he will trade small amounts of his gold in exchange for goods and services.[/QUOTE]</p><p><br /></p>

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