Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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From: ItsAllCyclical	6/26/2013 4:12:53 PM
	4 Recommendations Read Replies (2) of 48092

BERNANKE’S GAMBIT Damned if he does and damned if he doesn’t, Bernanke may nonetheless believe he can have his cake and eat it too. By falsely telegraphing the Fed will end its bond-buying, i.e. Bernanke’s gambit, Bernanke has actually begun to deflate speculative bubbles in stocks, bonds and commodities without actually ending the Fed’s bond buying. kitco.com Agree 100% here. FED hasn't changed anything so still in control. Granted it's tenuous, but certainly in a better position than EU, Japan and China and right now that's all that matters. The other key pt in the article... In my February 28th article, Goldman Targets $1200 Gold, I noted Jim Sinclair’s October 2012 prediction that the bullion banks would drive down the price of gold in order to exit their increasingly vulnerable short positions order to then go long. They now have done so. The bullion banks are now long gold.

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