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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Keith Feral who wrote (43116)1/4/2013 5:32:41 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219386
 
A 20% decline from 170 would take GLD down to 136.00, that would probably be too much, that would imply that spot gold would hit around 1360ish, another 300 dollar decline from here... maybe, but that would mean a serious contraction in our economy... or maybe just a powerfully strong dollar... or both... what would bring that about, in your judgement? TIA

GZ