Comments on: Swedish Central bank lowers interest rate to record low http://mellgren.com/2009/02/11/swedish-central-bank-lowers-interest-rate-to-record-low/ The Economic Paradigm shift explained – A Look into the Future Fri, 10 Sep 2010 20:13:03 +0000 http://wordpress.org/?v=2.5 By: Economic Collapse: Gold hits all time high in SEK http://mellgren.com/2009/02/11/swedish-central-bank-lowers-interest-rate-to-record-low/#comment-3 Economic Collapse: Gold hits all time high in SEK Wed, 30 Sep 2009 19:05:49 +0000 http://mellgren.com/?p=81#comment-3 [...] I wrote only 9 days ago that gold priced in Swedish currency hit all time high of 265.000 SEK/Kg. Today on the 20th of Feburary 2009 gold broke through 300.000 SEK/Kg. That’s quite a jump in only 9 days as the SEK falls hand over fist in EUR and USD terms. This is a very good example of why you need to be invested in gold: it is the perfect insurance against debasement of a fiat paper currency. [...] […] I wrote only 9 days ago that gold priced in Swedish currency hit all time high of 265.000 SEK/Kg. Today on the 20th of Feburary 2009 gold broke through 300.000 SEK/Kg. That’s quite a jump in only 9 days as the SEK falls hand over fist in EUR and USD terms. This is a very good example of why you need to be invested in gold: it is the perfect insurance against debasement of a fiat paper currency. […]

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