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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,313.96
(
0.11%
)
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ITMS

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ITMS

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Re: None

Tuesday, 02/21/2012 11:20:24 AM

Tuesday, February 21, 2012 11:20:24 AM

Post# of 784
Gold Rush


This morning, the precious metals are trading sharply higher. The catalyst for the advance in gold, and silver is the weaker U.S. Dollar Index, and the pledge by central banks to keep easy money available. Last night, the People Bank of China (Chinese central bank) cut reserve requirements for lenders. This is just another example of easy credit. All of these similar actions by the central banks around the world are inflationary and that is exactly what gold and most other precious metals are saying to us today. ...Continue reading here: http://bit.ly/wSjBEC
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