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Techamental Logic

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Techamental Logic

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Tuesday, 06/24/2014 2:00:56 PM

Tuesday, June 24, 2014 2:00:56 PM

Post# of 63744
12 Month Gold Target is $1,500

I'm currently watching for China's May 2014 gold imports through Hong Kong. May was likely a not a great month. Over the last couple years though we've seen the Chinese usually play a large part in gold rising parabolically which means in late July we'll probably see that China's Hong Kong imports jumped significantly.

http://www.kitco.com/news/2014-06-24/Incrementum-Gold-Remains-Excellent-Inflation-Hedge-12-Month-Target-1500-Oz.html

Gold remains a good hedge against price inflation and potential “worst-case scenarios” and may rise to $1,500 an ounce in 12 months, said a report Tuesday from Incrementum AG, Liechtenstein.
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