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To: narses; PGR88
Is The Perfect Storm Coming For Gold?

" Due to western central bank price manipulation, the mining sector is in critical condition, the supply line is all but halted, and the physical supply is being swallowed up by Asia. The last shoe to drop is for major mining companies to start closing down production at major mines. Though this would be perceived as the end for gold, speculators will be happy to know that this would be the beginning of the biggest Fed induced bubble in history! But unlike previous Fed bubbles where they support the price increase, the gold bubble will be a result of western central planners mis-managing the gold price for the past 3 decades and finally losing control."

24 posted on 12/15/2013 7:29:35 PM PST by Errant
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To: All
Watch the dollar index. When it drops below 80, the central banks become desperate to raise it back above that "magic number". One tool they employ is to sell gold futures. One day soon that tool will not going to work any longer, IMO.


28 posted on 12/15/2013 7:35:00 PM PST by Errant
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