"Gold is the money of kings,
silver is the money of gentlemen,
barter is the money of peasants – but debt is the money of slaves"
Norm Franz, “Money and Wealth in the New Millenium”
Gold still under pressure but, physical buyers return. Despite mounting evidence of funding stresses in the banking sector, the gold price remains under pressure with some looking at $1,650 as the next crucial support.
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