All those We Buy Gold Shops in the high street - Who is stockpiling it - well China who at the moment is using its billions of dollars from the stuff it sells to America to buy up strategic stuff around the world. The US gets the debt, while China has traded paper - the dollars - for things which will retain value after the dollar tanks.
www.paulcraigroberts.org/2012/01/06/the-dismal-economic-outlook-for-the-new-year/
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