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Japanese Government Caps Deposit Insurance

Scintillating headline, no? I think it might be important.

Many governments have been working to keep gold prices level, but with this change, many Japanese are pulling out their money and putting it into gold. This means that the gold dumping by various governments will have to increase...but can it?

Just when you thought Japan's economy couldn't get worse.

Posted by nicole at January 23, 2002 11:28 PM
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