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


To: Paxb2u who wrote (54034)12/3/2013 2:19:56 PM
From: Horgad1 Recommendation

Recommended By
Paxb2u

  Respond to of 71456
 
Jeez I have no idea. The "correction" has already lasted way longer than I initially thought possible and there are just too many variables that I can't wrap my head around. Does the West keep defending their paper POG by shipping gold East to meet the demand above mine production until their last "surplus" ounce is gone? And just how much "surplus" gold does the West have left anyhow? And assuming POG stays at or below production costs, how fast does mine production decline? And is there a point where lower POG dampens demand from the East instead of spurring it?