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Will there always be privately owned GOLD???
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<p>[QUOTE="Texas John, post: 1145419, member: 25813"]US annual GDP is $14 trillion. $200 billion is about 1.4% of that. $200 billion is about $650 per American. That's about 1.3% of average household income.</p><p><br /></p><p>To put it another way - the gold in Fort Knox is a drop in the bucket. It is irrelevant to the economic fortunes of the US. It serves no purpose other than psychological, and it's beyond time to dispose of it.[/QUOTE]</p><p><br /></p>
[QUOTE="Texas John, post: 1145419, member: 25813"]US annual GDP is $14 trillion. $200 billion is about 1.4% of that. $200 billion is about $650 per American. That's about 1.3% of average household income. To put it another way - the gold in Fort Knox is a drop in the bucket. It is irrelevant to the economic fortunes of the US. It serves no purpose other than psychological, and it's beyond time to dispose of it.[/QUOTE]
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