Comments by "Jin Kee" (@JinKee) on "Why Gold Can't Displace Fiat? || Peter Zeihan" video.

  1. Hahahaha
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  2. 6:35 if the USA can always print more USD to keep up with the size of the economy, and Russia is taking gold off the global markets to hide it in these shadowy gold deliveries then that means that the supply of gold in the global market is actually shrinking while there are more dollars being printed. The demand for gold remains high because people like shiny things.
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  3. ​ @Earaldur in the yugoslav wars Selco Begovic would trade cigarettes for food and work for cigarettes. He said that if he had his time again he would choose to carry a fake wedding ring with a hallmark that said it was 10kt or 18kt but really it was worthless. Why? Say you come to a vehicle checkpoint and the armed men want something valuable to let you through. If you have a gold coin and you show it, the people at the checkpoint will take you aside, hang you from the rafters with electrical cable and beat you with baseball bats like a pinata until you give up a location for "the rest of the gold." If you pull off your gold wedding ring and start to cry, they will accept it and wave you through. They may die tomorrow to sniper fire, you may never see them again. They will never know that you have more fake "gold" rings sewn into the lining of your coat.
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