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Strategies & Market Trends : The coming US dollar crisis
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To: Horgad who wrote (54028)12/2/2013 10:26:03 PM
From: Real Man4 Recommendations

Recommended By
ggersh
KobaltBlauw
Paxb2u
roguedolphin

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P/e is meaningless, as gold appears to be trading below
the cost of getting it from the ground. Miners should just
shut down and stop selling output of their mines at these
prices, then see how derivatives boys take it. China alone
will buy all gld within a year.

Xau/gold is like Schiller index of sort - miners are
heavily shorted, have been as a hedge of the metal.
I would expect tremendous bull market in gold shares
when this bear ends.

However, a bear is a bear, and a very brutal gold bear indeed
- hurry to get on the gold bus, and you can wind up under it
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