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Daily Archives: 29/01/2026
Forever blowing bubbles
This morning the price of gold broke the £4,000/oz level. Even the Beeb news has had charts this week showing the exponential rise in bullion prices. I don’t think they were so upfront in drawing the main lesson that the accelerating rise in price over the last few years teaches: that it indicates the abandonment of confidence in the world financial system, which is built on escalating debt and rapidly depleting trust.
Posted in Politics and sociology, Theology
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