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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (25696)8/25/2011 4:57:11 PM
From: Tommaso2 Recommendations  Read Replies (1) | Respond to of 29622
 
Gold already rose about $65 up from its lows today. That's getting close to the kinds of moves that Sinclair has been prophesying for the last ten years.



To: carranza2 who wrote (25696)8/25/2011 5:05:23 PM
From: GST2 Recommendations  Respond to of 29622
 
<Chavez> If this is true, it betrays how little gold is available for actual delivery. In the end, the degree to which buyers actually take delivery will have a lot to do with gold prices in dollars. I don't think central banks accept gold IOUs. It will be harder to pretend to have gold for sale when buyers expect to put the gold in their own storage facility.


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