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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 374.27

-0.2%

Nov 21 4:00 PM EST

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To: ecrire who wrote (27217)	1/31/2012 4:08:32 PM
From: TheSlowLane	Read Replies (1) of 29622

The best place to be be chasing gold recently would have been down into 1550 not well after it has broken up over its short term downtrend line, I'll agree with you there. Not just the Fed printing though... Egon von Greyerz: "It’s not just the ECB balance sheet that’s gone up in the last six months or even the last three months by hundreds of billions of dollars. It’s the same with the Fed, Bank of Japan, The Bank of England and the Swiss National Bank, they are all exploding. This can lead to only one thing and the market seems to be totally ignorant of this. The repercussions are going to come very soon. As I said, this can only lead to one thing, an explosion higher in gold and silver prices." kingworldnews.com

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