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The gold price, the dollar and the euro

2011-06-03 30 Dailymotion

James Turk of the GoldMoney Foundation speaks about currency devaluation and the rising gold price. How the gold price is rising against all major currencies and monetary policy is political, having abandoned all pretense of seeking monetary stability. He warns of the dangers of a hyperinflationary crisis. James also explains why gold should be considered money and not an investment. The presentation was held on 29 April 2011 in Munich, Germany.