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Wednesday, February 15th, 2012

Posts Tagged ‘ Bob Moriarty ’

Kids Go to Gold Camp

Apr 2nd, 2008 | By Richard Daughty | Category: Gold Market

How in the hell can the global glut of derivatives be 37 times as big as total, global GDP? Hell, just a yield of 0.1%, a tenth of a percent, would mean that $516 billion would be needed just to annually service the debt of that $516 trillion! Hahahaha!