Wednesday, May 09, 2012 10:34:59 AM
The longer gold is down the more powerful move up that is coming.
I just hope its not the capitulation phase yet. That would signal the metals run is coming to an end and interest rates will be rising. Of course the fed will over compensate on the upside like they did on the downside.
Remember 1980 and the high interest rates of the "80s". That will be back..The fed doesn't have a clue, they screw everything up. The lack of interest rates or 0 to 1/4 has done more destruction than people realize.
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