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In the scenario described above, hoarding gold securities are not going to help, right?
And I agree, a 'correction' could indeed be major, but I think the ripples would be so far and wide (i.e. world economy scale) that global interventions would come into play. World depression all over again? Perhaps, but I doubt that the true financial string-pullers of the world would let that happen, as even the rich weren't unscathed in the 30's.
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