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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Slumdog who wrote (13299)10/22/2008 4:43:06 PM
From: TH  Read Replies (1) | Respond to of 71456
 
DT,

I don't know about any of those CB's.

My thinking is that if this is as bad as I think it is, then there should be tiers of buyers of gold at every price. We have seen gold lose $200 in just about two weeks. That is not supportive of any real demand for gold, or it is an indication that there is a massive and unlimited seller, i.e. Central Banks.

I will not be able to get my physical for at least two or three days. It is a hike for me. So, maybe I'm proven wrong before I do, but I'm not counting on it.

GT
TH