2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 416.72

+1.2%

Dec 26 4:00 PM EST

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To: TobagoJack who wrote (80778)	10/3/2011 6:02:19 AM
From: 2MAR$	Read Replies (1) of 218755

UBS lowered its 3-month average spot gold price by 7.1% to $1,950 a troy ounce and its 1-month average spot gold price by 9% to $1,775/oz. The bank lowered its 3-month average spot silver price 30% to $35/oz and its 1-month average spot silver price 30.4% to $32/oz. "Our core bullish view on gold remains unchanged and the light nature of [speculative] positioning is a big positive, but our previous one-and three-month [prices]...are overly ambitious given the recent slowdown in market momentum," UBS said. It also noted that it sees the gold/silver ratio strengthening in the months ahead as gold outperforms

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