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Archive for January 23rd, 2010

23
Jan

Spot Gold … Buy The Dip?

crystalline gold

crystalline gold

This may be the last time to buy a dip this low in price for spot gold. Much larger premiums on gold coins and bullion are building. The trend is for higher priced gold and under priced derivatives. The dollar based gold derivative markets have grown so large and have become so integrated into hedging dollar assets, that central banks will band together to crush any sizable delivery demand – forcing cash outs only.

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