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Financial Security
In these times of financial upheaval in international finance markets, gold has always been considered a truly stable and reliable commodity - a universally accepted currency.
The EAP support the repatriation of Australian gold bullion holdings
from storage in foreign banks, and the retention of further gold
production to regain a minimum level of at least pre 1997 holdings -
an amount equal to approximately 20% of our yearly Gross Domestic
Product (GDP).
To achieve this goal we support the restriction of gold production by foreign owned companies and subsequent export of all bullion products produced to be reduced to a maximum of 25% of total production until the desired level of holdings is achieved. Once achieved a maximum of 50% of all forms of bullion produced by foreign owned companies may be exported.
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