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What was that again?

No asset is safe now. The only choice to hedge risks is to hold hard currency – gold“- says Chinese Central Banker Zhang Jianhua, director of the research bureau affiliated with the People’s Bank of China (PBOC)
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Categories
Quotes

What was that again?

“One of the ironies of the stock market is the emphasis on activity,” Warren Buffett said in the 1984 letter. “But investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pickpocket of enterprise

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Quotes

Say that again !

“Somewhere down the line we will have a massive wealth destruction that usually happens either through very high inflation or through social unrest or through war or a credit market collapse”-Marc Faber, April 2, 2012 on CNBC