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Re: fitzwell11 post# 11225

Thursday, 09/22/2016 8:18:20 AM

Thursday, September 22, 2016 8:18:20 AM

Post# of 13238
There's a lot of leverage in the paper gold market and as a result the miners on the index were forced to lower their production costs. Also Impairment charges against the miners balance sheets are reversing as the price of gold heads up setting them up for explosive earnings.