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Re: JustForFun7 post# 20337

Thursday, 04/18/2013 2:53:40 PM

Thursday, April 18, 2013 2:53:40 PM

Post# of 26631
I think with the recent swoon in the POG/POS we're seeing investors unload their "paper PM assets" for physical. I've also read that this shake-out was largely brought on by the Manipulators to replentish the low supplies in the bullion banks.

I would think a much tighter physical supply would be better for a stronger price going forward. So that's good.

I also saw today where the HUI is at the lowest levels seen since the 2008 market crash or when the gold bull market was at 2001 levels. Gold was trading @$300-$400 in 2001. Amazing to think the miners could be down this much.

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