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Re: Seshet post# 2408

Thursday, 04/18/2013 5:03:45 PM

Thursday, April 18, 2013 5:03:45 PM

Post# of 7344
It seems to me it's the preceding, steep but smaller, plunge, in 2008, slightly ahead of and continuing on through along with the drop in general equities, that would be were we are in the pattern if there is to be a repeat of the pattern. If that is the case the March '09 bottoming's parallel is yet ahead, after the general equities find a reality. However, in this case things would be different as such a collapse would guarantee massive QE as it would guarantee higher unemployment, economic slowdown, etc. so gold would return to favor.
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