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Re: None

Tuesday, 11/18/2014 10:50:44 AM

Tuesday, November 18, 2014 10:50:44 AM

Post# of 173212
Gold Prices and Economic Feasibility:







It seems that calls for $700/0z gold may be premature. Those who trade gold on paper and inflate currency would love a steep slide, but it seems there is plenty of support anytime we get close to real capitulation.

And of course companies like LBSR depend on gold prices to keep the majors interested in green field projects. Even though our claims are well diversified and could be desirable on copper or uranium (and maybe REE's), gold is big global news and sustained prices over $1100 are necessary to keep the majors busy.

I still think the pending Swiss referendum vote has something to do with this barrage of projections for falling gold prices. Comex and Da Fed don't want to get caught with an empty vault and let everyone see the man behind the curtain. Once the referendum returns are in we'll see if falling demand is real or pure manipulation. Hard to imagine that gold can fall too far with constant buying from 3/4 of the BRIC nations.

Go LBSR!

http://finance.yahoo.com/news/central-banks-gold-bugs-120320972.html

http://www.zerohedge.com/news/2014-10-14/swiss-gold-referendum-%E2%80%9Cpropaganda-war%E2%80%9D-begins







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