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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated
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To: Secret_Agent_Man who wrote (6848)2/16/2011 10:42:34 PM
From: James Hutton3 Recommendations  Read Replies (2) of 119361
 
"“Gold is about to go bust,” he said. “There is not a supply issue with that commodity. Never has been … and as soon as the world banks decide that one way to bail out their fiscal mishaps will be to sell gold at historically high prices — gold that they were buying in metric tons just last year — I think you will see a run on gold to the tune of 20% to 30% to the downside.”"

Yes, central banks have a great history of selling gold at historic high prices.

usagold.com
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