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Re: Wolverine1997 post# 68799

Monday, 09/26/2011 11:50:13 AM

Monday, September 26, 2011 11:50:13 AM

Post# of 118206
Gold is going down for three reasons:
1. The dollar is gaining value over the Euro (inverse relationship between the dollar and gold prices)
2. People are having to sell gold to cover stock margin calls
3. Margin requirements have been increased for gold futures

In spite of these short-term factors, gold will continue to increase in the long-term.

The above comment in no way constitutes a recommendation to buy or sell any securities. Any investment decisions should be undertaken only after conducting extensive due diligence.

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