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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (91579)11/25/2009 9:26:12 AM
From: fred woodall  Read Replies (2) of 94695
 
Tweedle dee Bernake will probably go to -.5 rates soon even with indisputable signs of inflation. Gold futures contract Feb. peaked at 1,184.70 a record for Comex most active contract.

Goldessential.com says they are seeing continued speculative demand for the metal as a hedge against inflation expectations.


Another factor reports India may buy more from the IMF and China is rumored to be buying also. Same rumor the central banks are buying.

Go Bernake go!!!
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