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Andre Julian will comment on the potential for gold to replace the dollar as the world’s reserve currency. In 1971, when Nixon took us off the international gold standard, he not only ushered in an era of flexible exchange rates and unleashed massive global inflation but also made it easy for each nation to engage in competitive currency devaluation, which they are doing to gain a competitive export advantage. Now the IMF is warning of potential exchange rate wars the likes of which have not been seen since the 1930s. This is leading to an increasingly unstable global monetary system, which in
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