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Why nickel may be just beginning a major breakout move

Posted on 26 March 2014

Governments around the world especially in the emerging economies are now beginning to worry about inflation and currency devaluation. Turkey and India have taken emergency measures to increase rates and the U.S. is tapering as there are growing concerns about significant declines in their respective fiat currencies.
Even the Russians and Chinese are concerned. The ruble and yuan are hitting new lows. Paper currencies may be on the verge of failing. Eventually, a new currency backed by gold or silver could be established to restore trust……………………………….Full Article: Source


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VRS - who has written 36109 posts on Opalesque Commodities Briefing.


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