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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: John Vosilla who wrote (91314)2/6/2008 1:42:27 AM
From: Archie Meeties  Read Replies (2) of 110194
 
"Housing, stocks, bonds, most things you needed went up a lot during that time"

You forgot M3, it was going up at 13%+ as well somewhere around there. -g-

I think the goldbug answer to your question will be something like "coordinated central banks selling to suppress the gold price".

At that time price was held down somewhat by forward selling by miners, but mostly because gold, like every other commodity, was in a multi decade long bear market. (which ended right around there).
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