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Re: TexasRambler post# 42104

Thursday, 10/08/2015 3:34:59 PM

Thursday, October 08, 2015 3:34:59 PM

Post# of 63744
Doesn't take much of an imagination to see why gold is turning a corner and will rise significantly from here.

TL;DR: Gold will rise in the short/medium term because all other possible solutions/scenarios are straight-up unsustainable. Paper is dead like Zed.

(Note: I gave up on providing a ton of articles/links because you guys get the idea and I doubt you'll take the time to read every single one like I do.)

Some of the key reasons include:

1) The Fed - F**king up the world by

--a) not raising rates, essentially admitting there are serious economic problems at home and abroad
http://www.zerohedge.com/news/2015-10-08/fomc-minutes-confirm-economy-ready-rate-hike-year

--b) threatening NIRP, cash bans, and helicopter money (respectively below)
http://www.zerohedge.com/news/2015-10-08/its-time-negative-rates-feds-kocherlakota-hints
http://www.zerohedge.com/news/2015-10-07/ban-physical-cash-coming-soon
http://www.zerohedge.com/news/2015-10-07/you-never-go-full-krugman-insane-helicopter-money-calls-continue-trapped-central-ban

--c) remaining on the fence about rate hikes (not taking it off the table) which is making the dollar stronger, causing chaos in EM economies, and squashing US earnings (watch what happens with Q3 earnings)

Meanwhile, virtually every country is accumulating or repatriating gold as the COMEX is being drawn down and commodities mining is going dark. Also, the war drums are being beaten heavily in the middle east, essentially over control of oil assets and pipelines. All the big players are converging on Syria to hash it out while we continue to elevate tensions in the South China Sea
http://www.zerohedge.com/news/2015-10-08/could-syrian-conflict-irrevocably-change-global-geopolitics
http://www.zerohedge.com/news/2015-10-08/major-escalation-us-sail-warships-around-chinas-man-made-islands-south-pacific

BAA
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