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Jan Nieuwenhuijs: Virus slowndown will induce 'helicopter money' or devaluation

Section: Daily Dispatches

9:12p ET Thursday, March 5, 2020

Dear Friend of GATA and Gold:

With the coronavirus outbreak slowing the world economy, Voima Gold analyst Jan Nieuwenhuijs writes today, central banks are likely to combat the resulting deflation with more money creation -- "helicopter money" -- or direct devaluation of their currencies, lest debt burdens collapse what's left. Either policy, he writes, will push the gold price up.

Nieuwenhuijs' analysis is headlined "Coronavirus to Boost Gold Price" and it's posted at Voima Gold here:

https://www.voimagold.com/insight/coronavirus-to-boost-gold-price

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org


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