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Gold took a massive dump!

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  1. 04-13-2013, 08:40 AM #5
    LifecyclesLLC
    LifecyclesLLC is offline
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    Quote Originally Posted by parrothead View Post
    Below 1500 now and reports are saying that it won't go back. I have seen reports of 1400s this year and 1300s next year.
    This is typical of a fiat printing press economy that we live in... problem is traditionally when the stock market is surging like it is commodity prices take a hit as well. This time its different. While gold has taken a bit of a dip it has been doing this since jul of 2011. Cyprus may dump about 14 tons to fund its bailout. Keep the faith because when the bot traded stock market finally decides to take profits you will be glad you are a scrapper.

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