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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: No Mo Mo who wrote (42919)4/19/2013 1:55:45 PM
From: Mike M2  Read Replies (1) of 48092
 
Good question. The take down was such a success that it is likely to be repeated in the future IMO. The operation will be limited by a continued reduction in LBMA & COMEX physical gold inventories as traders lose faith & trust in these institutions. As volatility increases margin requirements will be raised. Sinclair has said he expects 100% margin eventually and at some point in the future the real physical market will set the price not the paper market.
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