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S&P 500
5,180.74
(
1.03%
)
US TECH 100
17,606.00
(
1.07%
)
Dow Jones
38,852.27
(
0.46%
)
Brent Oil
83.26
(
0.16%
)
Bitcoin
63,204.64
(
-1.24%
)
Post# of 101798
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scubastevemd

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scubastevemd

Re: Raingawd post# 42213

Thursday, 08/25/2011 11:30:29 AM

Thursday, August 25, 2011 11:30:29 AM

Post# of 101798
Well, it just did go down due to the CME raising margins 27% again for the second time this month. They are trying to kill speculators. This will help curb it temporarily, but as long as politicians do stupid this gold will head back up. It is only when they get their act together that gold will go down as perceptions change. Unless we make it the base of our currency then I'm not sure it goes anywhere but up, but I doubt that will happen unless we have a radical change in DC.
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