Today, Americans hide capital in inflation hedges like gold or ship it overseas.

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When it was found in the 1970s, its treasure of gold doubloons was just as valuable as it was when the ship left Havana 350 years before.

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Cannons and cannonballs, pewterware, wooden plates and jugs and Tudor gold coins are among some of the items brought up since the ship was raised after 437 years under the sea.

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Niantic Labs, after all, takes its name from a 120-foot sailing ship that arrived in San Francisco 160 years ago for the Gold Rush.

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But, unless the US gets its fiscal ship in shape, there could very well be more repatriation of gold back to the homeland.

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