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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (56057)8/29/2014 1:21:54 PM
From: ggersh  Read Replies (2) of 71475
 
Is Gold a commodity? -vbg-

“Other than geopolitical spurts, it is unlikely that gold can sustain higher prices in a broadly declining commodity market. My present commodity value of gold when compared to oil, copper and silver is $1,215 suggesting the yellow metal is carrying a $70 per ounce premium to this aggregate. As this premium declines, gold will approach its commodity value in the range of $1,100 to $1,210 per ounce by year-end.”
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