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Adrian Orr, central bank head of New Zealand, ridiculed modern central banking and fiat currency control, highlighting a growing reliance on gold bullion as a store of value amidst diminishing faith in fiat currencies. With major G8 nations abusing fiat currency privileges, a higher gold price is anticipated to balance diminishing faith. Despite fluctuations, gold remains resilient, while billionaire investor shifts towards gold miners reflect changing investment sentiments.
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1515 ratings
Adrian Orr, central bank head of New Zealand, ridiculed modern central banking and fiat currency control, highlighting a growing reliance on gold bullion as a store of value amidst diminishing faith in fiat currencies. With major G8 nations abusing fiat currency privileges, a higher gold price is anticipated to balance diminishing faith. Despite fluctuations, gold remains resilient, while billionaire investor shifts towards gold miners reflect changing investment sentiments.
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