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Friday, 12/17/2010 9:05:35 PM

Friday, December 17, 2010 9:05:35 PM

Post# of 22255
some apmex commentary

COMMENTARY: Gold was up slightly today, but still down for the week. Jim Cramer is saying to buy gold on these dips. Mr. Cramer is emphatic that gold is now a currency and not a commodity. In addition to the many other reasons for buying gold, he states that supply and demand will contribute to increasing prices and we should see $2000 an oz within five years. I have spoken before that as traders book profits before December31, gold prices may continue to dip. However, these same traders might get right back in come January 3. Now may be the time to buy.


http://www.apmex.com/Commentaries/130/Closing-Gold-Silver-Market-Report-12-17-2010.aspx


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