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Re: ppl_first post# 69996

Wednesday, 10/12/2011 3:03:44 PM

Wednesday, October 12, 2011 3:03:44 PM

Post# of 118202
Dozens of analysts think gold is going up and you side with ONE that thinks it will drop. As usual, your posts are very imbalanced. Jeff Macke, the same guy that interviewed your doomsday guy has had four or five interviews for gold analysts and they all said gold would trend up or at the least remain level. One interview, Peter Schiff, talked about using gold as currency.

http://dailybail.com/home/video-peter-schiff-with-jeff-macke-gold-is-real-money-everyt.html

Central banks from various countries are still overall buying gold. Please note that they have increased the amount they expect to be purchased in the last link.
http://gata.org/node/10504
http://www.foxbusiness.com/markets/2011/09/15/gfms-2011-net-central-bank-purchases-forecast-to-total-336-tons/
http://www.moneycontrol.com/news/wire-news/gfms-ups-2011-central-bank-gold-buys-to-500-t_597841.html

The two largest countries for personal gold holdings are China and India. They have increased their use of the metal:
http://www.atimes.com/atimes/south_asia/mj06df01.html



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